1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Lubov Fominskaja [6]
2 years ago
10

Your uncle repays a $300 loan from Tenth National Bank (TNB) by writing a $300 check from his TNB checking account. Assume these

funds are the
only loans and deposits available for your uncle and the bank.
Business
1 answer:
Alina [70]2 years ago
7 0
What’s the question?
You might be interested in
What are things you can do to manage the risks in your life to reduce any financial losses?
meriva
Spend carefully use discounts monitor your spending create list on how much you spend etc.
5 0
3 years ago
Read 2 more answers
The comparative balance sheets for Pina Colada Corp. show these changes in noncash current asset accounts: accounts receivable d
Verdich [7]

Answer:

Cash Flow from Operating Activities

Net Income                                                  $226,500

Decrease in Accounts Receivable             $78,500

Increase in Prepaid Expenses                   -$28,200

Increase in Inventories                               -$41,700

Cash Provided by Operating Activities    $235,100

4 0
3 years ago
Tuller wants to start a commercial trucking business and also wants to form his own limited liability company (LLC). Tuller, as
sweet-ann [11.9K]

Answer:

d, all states, as no state requires at least two members to create an LLC

Explanation:

The requisite of two members to create an LLC was removed from all states in the USA. Now, all states allow a single-member LLC. Massachussets was the last one to eliminate that requisite in 2003.

Maybe this change in laws was because owners cheated on that requisite by placing as the two members (owners) a man and his wife, or a woman and her husband, or some other person (in direct relation with the owner) which was just placing the name but the company actually belonged to only one member.

4 0
3 years ago
Souza Inc, which produces and sells a single product, has provided its contribution format income statement for October. Sales (
Kipish [7]

Answer:

Net operating income is $300

Explanation:

We know that,

The net operating income = Sales - variable cost - fixed expenses

And, the contribution margin = Sales - variable cost

So, contribution margin - fixed expenses = Net operating income

Since we have to compute the net operating income for 3,500 units So, first we have to compute the contribution margin per unit which is shown below:

= Contribution margin ÷ number of units

= $48,000 ÷ 4,000 units

= $12

Now for 3,500 units, the contribution margin would be

= 3,500 units × $12

= $42,000

So, the net operating income would be

= $42,000 - $41,700

= $300

The fixed expenses would not be changes. It remains constant

5 0
3 years ago
The budget for a merchandiser differs from a budget for a manufacturer because
Oduvanchick [21]
<span>a merchandise purchases budget replaces the production budget.
the manufacturing budgets are not applicable.</span>
3 0
3 years ago
Other questions:
  • During the year, Wright Company sells 500 remote-control airplanes for $110 each. The company has the following inventory purcha
    15·1 answer
  • 15 POINTS IF U ANSWER NOW!!!!! Which non-income factor for a potential job promotion would influence a person whose mother needs
    11·1 answer
  • Is it against the law to require a student to pay their own money to go on a trip that will affect grade?
    11·1 answer
  • The Covington Engine Company is considering opening a new plant facility to build truck engines. As part of a detailed analysis
    7·1 answer
  • Which of the following statements is not true about an evaluative interview?
    8·2 answers
  • Dubberly Corporation's cost formula for its manufacturing overhead is $31,100 per month plus $50 per machine-hour. For the month
    8·1 answer
  • PLEASE HELP ASAP!
    11·1 answer
  • 6. What are complements? evonomics
    10·1 answer
  • A form of business ownership that provides limited liability to its owners, but is taxed as a partnership is a(n) .
    11·1 answer
  • what is the connection, if any, between comparative advantage (ca) and foreign direct investment (fdi)?
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!