All categories

2 years ago

Which is not a way you can check your account balance?

1 answer:

5 0

Answer: Which is not a way you can check your account balance? Contact the FDIC/NCUA. What is a transaction that has not been processed yet by a financial insitution? A pending transaction.

Explanation:

You might be interested in

A company that has no money to spend on marketing would probably be best advised to try their luck, at least initially, with wha

marysya [2.9K]

C. sales promotion would be the answer

6 0

3 years ago

Trell Corporation transferred $50,000 of accounts receivable to a local bank. The transfer was made without recourse. The local

PIT_PIT [208]

Answer:

Correct one is Option D.

$6,500

Explanation:

Fair value of its 20% interest in the receivables 8000

Less: Factoring fee=50000*3% =1500

Amount receivable from factor= 8000-1500=6500

7 0

3 years ago

You are a newspaper publisher. You are in the middle of a one-year rental contract for your factory that requires you to pay $50

Anettt [7]

Answer and Explanation:

The computation is shown below:

Fixed cost is

= $500,000 + $1,000,000

= $1,500,000

And, the marginal cost is

= $0.25 + $0.10

= $0.35 per paer

Now

as we know that

AFC = FC ÷ Q

Now for At 1,000,000 papers,

AFC is

= 1,500,000 ÷ 1,000,000

= $1.50/mo

At 800,000 , it would be

AFC = 1,500,000 ÷ 800,000

= $1.875/mo

MC = $0.35 per paper and the same is not changed

Now for break even, the average total cost is

ATC = AFC + AVC

ATC = FC ÷ Q + VC ÷ Q

VC = MC × Q

ATC = FC ÷ Q + MC

ATC = FC ÷ Q + 0.35

At Q = 1,000,000,

ATC = 1.50 + 0.35

ATC = $1.85

At Q = 800,000 , it would be

ATC = 1.875 + 0.35

= $2.225

As it can be seen that

The AFC changes from 1.50 to 1.875 which shows an increment of 0.375.

The MC remains constant or same at 0.35 as the printing and delivery costs per paper are remain same

And, The minimum amount that we must charge to break even rises i.e. from 1.85 to 2.225. That is a rise of 0.375

6 0

4 years ago

At the beginning of 2021, Artichoke Academy reported a balance in common stock of $164,000 and a balance in retained earnings of

daser333 [38]

Answer:

Artichoke Academy

Statement of Stockholders’ Equity

For the Year Ended December 31, 2021

Beginning balance Common Stock $164,000

Beginning balance retained earnings $64,000

Subtotal $228,000

Common Stock issued $54,000

Earned net income $44,000

Distributed dividends ($11,400)

Ending balance Common Stock $218,000

Ending balance retained earnings $96.600

Total Stockholders' Equity December 31, 2021: $314,600

Artichoke Academy

Balance Sheet

For the Year Ended December 31, 2021

Assets:

Cash $54,000

Prepaid rent $31,000

Supplies $12,300

Land $270,000

Total assets: $367,300

Liabilities and stockholders' equity:

Accounts payable $13,600

Utilities payable $5,200

Salaries payable $4,900

Notes payable $29,000

Common stock $218,000

Retained earnings $96,600

Total liabilities and stockholders' equity: $367,300

7 0

3 years ago

Charles, the president of an IT company, is friends with Levi, the CEO of Cyber Industries, a company that develops and manufact

Akimi4 [234]

Answer: Option A

Explanation: In simple words, Ponzi scheme refers to a scheme in which a company deceit their earlier investor by paying them from the funds of recent investors in the form of profits.

In the given case, Levi deceited Charles by making him believe of a strategy that may or may not exist in his organisation. Thus, he will pay charles from the money that he will gain from the market after the announcement of the new processor.

Hence from the above we can conclude that the correct option is A.

7 0

3 years ago