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Margarita [4]
3 years ago
6

How often should you typically monitor your checking account?

Business
1 answer:
Licemer1 [7]3 years ago
5 0
You should monitor your checking account Monthly.
You might be interested in
Indicate in which financial statement each item would most likely appear: income statement (I), balance sheet (B), statement of
kherson [118]

Answer:

Assets (B)

Cash from operating activities  (CF)

Dividends  (E)

Equipment  (B)

Expenses  (I)

Liabilities  (B)

Net decrease (or increase) in cash  (CF)

Revenues  (I)

Total liabilities and equity (I)

Explanation:

The balance sheet shows the assets, liabilities and equity of an entity as at a given date.

The income statement shows the revenue and expenses of the entity for the period ended while the statement of retained earnings shows the movements within the retained earnings account during the review period.

The statements of cashflow shows the net flow of cash from the company's activities namely; Operating, investing and financing activities.

4 0
3 years ago
A small publishing company is planning to publish a new book. The production costs will include one-time fixed costs (such as ed
den301095 [7]

Answer:

Break-even point in units= 2,984 units

Explanation:

Giving the following information:

The one-time fixed costs will total 49982. The variable costs will be $8.50 per book. The publisher will sell the finished product to bookstores for 25.25 per book

<u>To calculate the break-even point in units, we need to use the following formula:</u>

Break-even point in units= fixed costs/ contribution margin per unit

Break-even point in units= 49,982/ (25.25 - 8.5)

Break-even point in units= 2,984 units

7 0
4 years ago
1. You invest $1,000 in a certificate of deposit that matures after ten years and pays 5 percent interest, which is compounded a
Lilit [14]

Answer and Explanation:

a. The computation of the interest earned is given below:

= $1,000 × (1.05)^10 - $1,000

= $628.29

b. Now the interest earned in case of withdrawn is

= $1,000 × 5% × 10

= $500

c. In part a there is a compound interest while on part b there is a simple interest so the both answers should be different

The same would be relevant and considered too

7 0
3 years ago
Grayson (single) is in the 24 percent tax rate bracket and has sold the following stocks in 2019: (Loss amounts should be indica
Anika [276]

Answer:

$8,940

Explanation:

For computing the amount of the gain first we have to need to do the following calculations

a. Net short term gain or loss is shown in the attachment

b. Net long term gain or loss is shown in the attachment

c. Net capital gain arise from these transactions are as follows

= Short term capital gain or loss + Long term capital gain or loss

= -$240 + $9180

= $8,940

d.The whole net capital gain of $8,940 will be taxable at a preferential rate.

7 0
3 years ago
Ricardo is sure he has what it takes to succeed in the food business, but because he lacks management experience, he wants one t
Gala2k [10]

The answer is: A. subway


When we buy a franchise , we are required to follow the business format that already proven by the franchise owners.


If you want to be in a food business but lack management training, opening a franchise such as subway might be the best solution since they would train both you and the workers that you hire to uphold the standard that have been implemented by the franchise owners.


From this, Ricardo could learn about the business tactics that are proven to work in the market before opening his own brand.

3 0
3 years ago
Read 2 more answers
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