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AleksAgata [21]
2 years ago
15

True or false: Once you are signed up for overdraft protection, you cannot opt out.

Business
1 answer:
Tanya [424]2 years ago
4 0

There are different kinds of draft. Once you are signed up for overdraft protection, you cannot opt out is a false statement.

<h3>Can one opt out of overdraft protection?</h3>

When a person have already signed up for overdraft protection, The person can contact the bank so as to opt out.

Here, Your debit card will be rejected once  you exceed your balance, but you will not be able to be hit with overdraft fees.

learn more about overdraft from

brainly.com/question/25772671

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A catalog company that receives the majority of its orders by telephone conducted a study to determine how long customers were w
Oksi-84 [34.3K]

The waiting time at which 10 percent of the people would continue to hold is given as 2.3

<h3>How to solve for the waiting time</h3>

We have to solve for X ~ Exponential(λ).

then E(X) = 1/λ = 3,

= 0.3333

Remember that the cumulative distribution function of X is F(x) = 1 - e^(-λx). ;  x is equal to the  time in over case

For 10 percent of the people we would have a probability of

10/100 = 0.1

we are to find

P(X ≤ t)

= 1 - e^(0.3333)(t) = 0.1

Our concern is the value of t

Then we take the like terms

1-0.1 = e^(0.3333)(t)

1/0.9 = e^(0.3333)(t)

t = 3 * ln(1/0.9)

= 0.3157

5 0
2 years ago
Scoring: Your score will be based on the number of correct matches. There is no penalty for incorrect or missing matches.
Stolb23 [73]

Answer:

Matching transactions to the journal in which they would be entered:

Transactions                                                           Journal Type

1. Recognized depreciation on the building         General Journal

2. Journalized the adjusting entry for supplies

 used during the period                                       General Journal

3. Closed the revenue account at the end

of the period                                                         General Journal

4. Received cash from the bank in exchange

for a note payable                                                Cash Receipts Journal

5. Withdrew cash for personal use (by owner)   Cash Payments Journal

Explanation:

Revenue journal records revenue transactions.

Cash receipts journal records all cash receipts.

Purchases journal records all purchases on account.

Cash payments journal records all cash payments.

General journal is used for all transactions, especially those that cannot be recorded in any of the other specialized journals.

3 0
2 years ago
Match the various information flows to the smart TV purchase steps. Store to Manufacturer Buyer to Manufacturer Manufacturer to
Ray Of Light [21]

Answer:

Please refer the detail answer below

Explanation:

Store to Manufacturer  ------ Request delivery schedule

Buyer to Manufacturer  ------- Frequent, direct reorder

Manufacturer to Distribution Center and Buyer ------ Advanced shipping notice

Store to Distribution Center ----- Corporate inventory order

Customer to Store  ----- Smart TV purchased

Store to Buyer ------ POS terminal sends data

4 0
3 years ago
Wiggle Pools has total equity of $358,200 and net income of $47,500. The debt-equity ratio is .68 and the total asset turnover i
Westkost [7]

Answer:

It is 6.58%

Explanation:

Debt-Equity Ratio = Debt/Equity

0.68= Debt/358,200

Debt = 0.68 x 358,200

Debt = $243,576

Total Asset Turnover = Revenue/ Total Asset

Total Assets = Debt + Equity = $243,576+ $358,200=$601,776

1.2= Revenue/601,776

Revenue= 1.2 x 601,776

              =$722,131.20

Profit Margin = Net income/ Revenue x 100%

                       = $47,500/$722,131.20 x100%

                       = 6.58%

6 0
3 years ago
The Publix chain of supermarkets has stated, "We will not knowingly disappoint you. If for any reason your purchase does not giv
Zarrin [17]

The answer & explanation for this question is given in the attachment below.

3 0
3 years ago
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