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3 years ago

How would an electronic transfer to someone else be recorded in your transaction register or on your mobile banking app?

Business

1 answer:

shtirl [24]3 years ago

8 0

Answer:

a completed transaction

Explanation:

This would be recorded as a completed transaction in your mobile banking app transaction history. It would display as completed when the money is deducted from your account. If you click on that transaction in the transaction history it will open it up and display the recipient's name, account number, date it was sent, and total amount including taxes and fees detailed out. This transaction information can be accessed at any time and even has a transaction ID number.

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"It has been all downhill for the West since China entered the world market; we just can't compete with hundreds of millions

aleksley [76]

Answer:

D. It is cheaper to produce some goods in the U.S. because productivity is higher here.

Explanation:

If the statement "It has been all downhill for the West since China entered the world market; we just can't compete with hundreds of millions of people willing to work for almost nothing." Fails to connect wages and productivity, it means that despite China having many people willing to work for low wages it does not mean they are more productive.

Productivity is defined as how effectively a production process is. It is the ratio between output and input used.

If China has low productivity with the large workforce it has, it will be cheaper to produce goods in the United States that has a higher productivity.

The United States will be able to maximise inputs used in the production process to give higher output.

4 0

3 years ago

Economists generally recognize that rent controls cause shortages in housing, yet rent controls tend to persist. Why does this o

Hunter-Best [27]

Answer:

D) All of the above are correct

Explanation:

Many people indeed do not know that price controls produce shortages, and we do not only refer to the general public, but also many politicians, who are ignorant of economic theory.

Property owners are politically unpopular because they are frequently perceived as being more priviliged and not paying their fair share. Populist politicans can use them as scapegoats to rile up support.

Many people benefit from rent controls, from owners colluding to the government, to real estate cartels, to tenants, or the government itself it it holds public housing.

3 0

3 years ago

Which one of the following will decrease the operating cycle?

Irina18 [472]

Answer:

Explanation:

3 0

3 years ago

Assume that Harding uses the units-of-production method when depreciating its equipment. Harding estimates that the purchased eq

zmey [24]

The complete question is as follows:

Harding Corporation acquired real estate that contained land, building and equipment. The property cost Harding $1,330,000. Harding paid $315,000 and issued a note payable for the remainder of the cost. An appraisal of the property reported the following values: Land, $333,000; Building, $990,000 and Equipment, $657,000. (Round your intermediate percentages to the nearest whole number: i.e 0.054231 = 5%. Do not round any other intermediate calculations.)Assume that Harding uses the units-of-production method when depreciating its equipment. Harding estimates that the purchased equipment will produce 1,040,000 units over its 5-year useful life and has salvage value of $17,000. Harding produced 269,000 units with the equipment by the end of the first year of purchase.Which amount below is

closest to the amount Harding will record for depreciation expense for the equipment in the first year?

A. $169,936

B. $165,538.462

C. $109,126

D. $88,460

Answer: B. $165,538.462

Explanation

Formula: Depreciation expense = step a

(cost of asset - salvage value)/estimated total units produced

step b = (step a) x actual units produced

step a = (65-17000)/1040000

= step a x 269000 = $B. $165,538.462

6 0

4 years ago

Which category of GDP does each of the following items count in? Enter one of the following letters to correspond to consumption

elena-14-01-66 [18.8K]

Explanation:

-Nissan produces a car at its Tennessee plant in December, but does not intend to sell it until after the end of the year __DNC__ .

This transaction does not count because GDP is measured in one year. Nissan sell will be accounted in the next year GDP.

-An auto parts maker buys an idle textile plant in North Carolina with the intent of converting it to a distribution center_I__.

This is private investment of the auto parts maker.

-The U.S. Army rents a warehouse to store surplus equipment __G__.

This is a expense of the U.S government.

-A state employees' pension fund in California buys $10 million in corporate bonds__G__.

This is a expense of the U.S government.

-A local bakery buys 500 pounds of flour to make bread __I__.

This is private investment of the bakery.

-A doctor buys a painting to hang in his office waiting area from an artist on Etsy __I__

This is private investment because if his office looks better maybe this will attract more clients.

-A family rents a beach house for a week's vacation __C__.

This is household’s consumption.

-A retiree in Chicago receives a Social Security check from the U.S. Treasury__G___

This is an expense of the U.S government.

-A factory in the U.S. produces chemicals and sells them to a firm in Canada __NX___ .

This fits in the net exports account as an export.

7 0

3 years ago