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SCORPION-xisa [38]
3 years ago
5

Dana writes a check to Becky on Dana’s account at Community Bank. The bank dishonors the check even though Dana has sufficient f

unds in her account. The bank is liable to
Dana
Becky
Business
1 answer:
iren [92.7K]3 years ago
3 0

Answer:

Dana

Explanation:

According to my research on different bank responsibilities, I can say that based on the information provided within the question the bank is completely liable to Dana. This is because the bank has a responsibility to Dana since she is the one who signed to open the account, which in term is her. They must now let her know why they dishonored the check and provide a solution.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

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Chrzan, Inc., manufactures and sells two products: Product E0 and Product N0. Data concerning the expected production of each pr
Trava [24]

Answer:

A. $59.78 per MH

Explanation:

The computation of activity rate for the Order Size activity cost pool under activity-based costing is shown below:-

Activity rate for the Order Size activity cost pool = Activity pool cost ÷ Total expected activity

= $579,866 ÷ 9,700

= $59.78 per MH

Therefore for computing the activity rate for the Order Size activity cost we simply applied the above formula and ignore all other value as the other values are not relevant.

7 0
4 years ago
ABC Company is considering the acquisition of a new piece of equipment to replace an old, outdated machine currently used in its
Paraphin [41]

Answer:

NPV is -$12,960

Explanation:

Net present value is the Net value all cash inflows and outflows in present value term. All the cash flows are discounted using a required rate of return.

In this question all the expenses are cash outflows and The cost saving is the cash inflow from the new machine investment.  

Working for the NPV is attached with the answer please find it.

7 0
3 years ago
Which of the following statements about marketing is true?
horsena [70]

The most accurate statement about marketing is that <u>B) It can help </u><u>create jobs </u><u>in the </u><u>economy </u><u>by </u><u>increasing demand </u><u>for </u><u>goods </u><u>and </u><u>services</u><u>.</u>

Marketing refers to the various methods a company is able to advertise itself and its products such that more people will becoming interested in it thereby leading to an increase in demand for their goods and services

If this happens to a company, they will be able to make more profit which will allow them to expand. Expansion needs more employees to work so the company will have to hire more people thereby creating jobs in the economy.

Other options are wrong because:

  • Marketing is always important, even when goods are standardized
  • Marketing has an impact on the intangible assets of a company especially goodwill
  • Marketing is more important to smaller firms than larger ones

In conclusion, marketing leads to increased employment in an economy.

<em>Find out more at brainly.com/question/19485755.</em>

<u>Options for this question include:</u>

A) It is of little importance when products are standardized.

B) It can help create jobs in the economy by increasing demand for goods and services.

C) It helps to build a loyal customer base but has no impact on a firm's intangible assets.

D) It is more important for bigger organizations than smaller ones.

5 0
3 years ago
Narrow Falls Lumber has total assets of $913,600, total debt of $424,500, net sales of $848,600, and net income of $94,000. The
Black_prince [1.1K]

Answer:

The firm's sustainable growth rate is 13%.

Explanation:

The firm's sustainable growth rate can be calculated using the following formula:

Sustainable growth rate = Retention Rate * Return on Equity ............. (1)

Where;

Dividend payout ratio = 30%, or 0.30

Retention rate = 1 - dividend payout ratio = 1 - 0.30 = 0.70

Shareholder's equity = Total assets - Total debt = $913,600 - $424,500 = $489,100

Return on equity = Net income / Shareholder's equity = $94,000 / $489,100 = 0.19

Substituting the relevant values into equation (1), we have:

Sustainable growth rate = 0.70 * 0.19 = 0.13, or 13%

Therefore, the firm's sustainable growth rate is 13%.

3 0
3 years ago
Which statements are true about assessing the effectiveness of a strategic plan?
malfutka [58]
The answer is a manager should search diligently for ways the strategy can be improved
8 0
4 years ago
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