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3 years ago

What should you do before you approach a atm

Business

1 answer:

kap26 [50]3 years ago

6 0

Answer:

Try to use ATMs with which you are familiar. Choose well-lit, well-placed ATMs where you feel comfortable. If you need to use an ATM late at night, ask a friend to accompany you.

Before approaching the ATM, scan the surrounding area. Avoid the ATM altogether if it is too dark to see, isolated or looks unsafe. If there are bystanders loitering in the area, go to another machine or come back later.

Use your body to shield the screen and keypad before entering your PIN. Make sure other individuals in line stay a reasonable distance from you while you're performing your transaction.

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Which of these economic goals is most important in a traditional economy? select one:

Gnom [1K]

Which of these economic goals is most important in a traditional economy?
A. Growth

8 0

3 years ago

Your company wants to set aside a fixed amount every year to a sinking fund to replace a piece of industrial equipment costing $

olga2289 [7]

Answer:

$4,5243.63

Explanation:

Data provided in the question:

Future value = $250,000

Interest rate = 5% = 0.05

Time = 5 years

Now,

Future value = $C\times\left[ \frac{(1+i)^{n}-1}{i} \right]$

here,

C = Regular deposit amount

i = Interest rate per period

n = number of periods

Future value = $C\times\left[ \frac{(1+i)^{n}-1}{i} \right]$

$250,000 = $C\times\left[ \frac{(1+0.05)^{ 5}-1}{ 0.05} \right]$

$250,000 = $C\times\left[ \frac{ 1.05^{ 5}-1}{ 0.05} \right]$

$250,000 = $C\times\left[ \frac{ 1.276282 - 1}{ 0.05} \right]$

$250,000 = C × 5.52564

C = $\frac{ 250000 }{ 5.52564 }$

C = $4,5243.63

7 0

4 years ago

Bed & Bath, a retailing company, has two departments, Hardware and Linens. The company’s most recent monthly contribution fo

nadya68 [22]

Answer:

If linen department is dropped operating income of the company will decrease.

Explanation:

That is because the cotrollable margin of the department is positive:

controllable margin = contribution margin - controllable fixed costs

$605,000-($800,000-380,000) = 185,000

That means that the Linen department helps to reduced fixed cost that are not generated by this department and that will keep existing wether the department is closed or not.

In addittion the Hardware department will loose 19% of its sales if the Linen department is closed. Thus will result in a reduction of the cntribution margin of the hardware deparment too.

Download xlsx

3 0

3 years ago

On January 1, 2020, Novak Corp. had inventory of $56,500. At December 31, 2020, Novak had the following account balances.

salantis [7]

Answer:

Gross Profit ⇒ $296,500

Operating expenses ⇒ $153,500

Explanation:

Gross Profit;

= Net sales - Cost of Goods sold

Net sales = Sales revenue - sales discounts - sales returns and allowances

= 807,000 - 6,000 - 10,900

= $790,100

Cost of Goods sold

= Opening balance + Purchases + Freight-in - Purchase discounts - Purchase returns and allowances -closing balance

= 56,500 + 509,500 + 4,800 - 8,000 - 2,700 - 66,500

= $493,600

Gross Profit = 790,100 - 493,600

= $296,500

Operating Expense

Net Income = Gross profit - operating expenses

143,000 = 296,500 - operating expenses

Operating expenses = 296,500 - 143,000

= $153,500

6 0

3 years ago

All new employees must first complete a six-week training program.

fgiga [73]

Yes they should because it takes time to learn new things at a new job

7 0

3 years ago