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xeze [42]
2 years ago
12

If a person has ATM fees each month of $16 for 7 years, what would be the total cost of those banking fees

Business
1 answer:
kherson [118]2 years ago
5 0

The total cost of those banking fees for the 7 years would be $1,344

<h3>What is bank fee?</h3>

Bank fee are fees paid to the financial institution one opened the account with, simply to keep it open and running and covers a certain number of transactions per month. Banks charge bank fees to pay salaries and other overheads, and physical branches.

With regards to the above,

Total cost

= Cost per month × 12 months per year × Number of years

= $16 × 12 × 7

= $1,344

Hence,  the total cost of those banking fees for the 7 years would be $1,344

Learn more about banking fees here : brainly.com/question/24124875

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3 years ago
Marquis Company uses a weighted-average perpetual inventory system and has the following purchases and sales:August 2 10 units w
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Answer:

COGS= $158.4

Explanation:

Giving the following information:

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August 18: 15 units were purchased at $14 per unit

August 29: 12 units were sold.

First, we need to calculate the weighted-average purchasing price:

weighted-average purchasing price= [(10*12) + (15*14)]/25

weighted-average purchasing price= $13.2

COGS= 12*13.2= $158.4

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3 years ago
White Corporation, a closely held personal service corporation, has $150,000 of passive activity losses, $120,000 of active busi
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Answer:

correct option is a.$0

Explanation:

given data

passive activity losses = $150,000

active business income = $120,000

portfolio income = $30,000  

to find out  

how much passive activity loss can White Corporation deduct

solution

as per given we know that here white corporation is a Personal Service Corporation

so that it is not deduct the passive loss against the portfolio income

so correct option is a.$0

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3 years ago
A major advantage to a business residence situation is_____
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Answer:

Difficult but if you are try it will be easier to you

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Shannon Reeves and Tish Phillips remember their experiences with student protests in the 1960s. Shannon remembers seeing Jimi He
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These memories about cultural heroes and events are one of the chief characteristics of an age <u>cohort</u>.

<h3>What does a cohort mean?</h3>

A cohort is a group of people who have similar demographic traits or life experiences, such as age but not exclusively. Cohort effects are typically masked by age in cross-sectional research. Cohorts can be, for instance: individuals who had children in the same year. People who retire simultaneously.

<h3 /><h3>What characteristics do cohort study have?</h3>

The distinguishing characteristic of a cohort study is that the researcher selects participants at a time when they do not yet have the desired outcome and examines the occurrence of the desired outcome between groups of exposed and unexposed (or less exposed) people.

To know more about the cohort study, visit:

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1 year ago
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