Answer: If you cause a car accident, liability insurance will cover injuries to other people and damage to their property. Liability car insurance, sometimes called "third-party" coverage, is one of the most important types of car insurance.
Explanation:
Explain why you have to pay late fees with a credit card, but not with a debit card?
Answer:
because a credit card you are taking loans from your bank company but with a debit card it's the money you're putting on the card
When people use a credit card, their bank gives you loans, however when you use a debit card, it's your own money that gets put on the card.
What is debit card?A form of plastic money or currency is a debit card. You can use it to make purchases even when you don't have any cash. Savings account holders typically receive a debit card that is linked to their account from banks. Every transaction performed with your debit card is detailed in your bank statement.
When you use a debit card to make a purchase, the money is almost immediately taken out of your checking account to pay for the goods. The money will be charged to your line of credit when you use a credit card, providing you more time to make the payment because it will be due later.
Thus, When people use a credit card, their bank gives you loans.
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You purchased 100 shares of stock value at $55 per share. The stock value increases to $85 per share what was the rate of increase?
Answer:
54.55%
Explanation:
The purchasing price is $55
Price has increased to $85.
The monetary increase = $85 - $55 = $30
As a percentage , the increase will be
=$30/$55 x 100
=0.545454 x 100
=54.5454%
=54.55%
Please help!
State the purpose of the email in as concise a way as possible.
O True
O False
True...
Email is a good way of communication instead of the use of a phone call or text. Email is very convient to businesses and companies.
quantum mechanics shop sells a bicycle to reniel, a costumer who uses a local card(a national credit card, but not issued by an bank) in recrding this sale the entity should record
Answer:
the journal entry to record this sale should be:
Dr Accounts receivable X
Dr Credit card fees Y
Cr Sales revenue X+Y
Explanation:
The journal entry to record sales using credit cards issued by banks, e.g. VISA, MasterCard, etc., which pay immediately or almost immediately (the same day or the following day) and manage the payments through the company's bank account:
Dr Cash X
Dr Credit card fees Y
Cr Sales revenue X+Y
Since credit cards not issued by banks (e.g. many American Express cards are issued by American Express itself not by banks) do not pay immediately, a company must record an account receivable, it cannot record cash. In order to collect the payment, the company must submit the credit card receipt to the credit card company and then wait for it to be processed and paid. This may take a few days or even a couple of weeks.
Has your idea of yourself five years from now changed in any way since beginning this course? If so, describe the reasons. If not, has this course expanded your idea of yourself in five years, or has it stayed the same? Why or why not.
I don't have time so please answer I need it asap
Answer:
This is a personal question man
Explanation:
Im sorry, but I can't answer personal questions
Sorry
Consumers have certain rights that do NOT carry corresponding responsibilities.
Please select the best answer from the choices provided
T
F
Answer:
Explanation:Consumers have certain rights that do NOT carry corresponding responsibilities....(false is the answer)Mention any five important points of universities.
Answer:
1. A positive attitude towards study.
2. A passion for the chosen course subject.
3. An ability to think and work independently.
4. An ability to persevere and complete tasks.
5. An inquiring mind.
6. Good written English.
7. An ability to work well in groups.
Which of the following is an
example of an operative
employee?
Explanation:
I just did this yesterday!
its assembled line worker
On January 1, 2020, Cullumber Company had Accounts Receivable $134,200, Notes Receivable $39,600, and Allowance for Doubtful Accounts $28,200. The note receivable is from Willingham Company. It is a 4-month, 8% note dated December 31, 2019. Cullumber Company prepares financial statements annually at December 31. During the year, the following selected transactions occurred.
Jan. 5 Sold $35,600 of merchandise to Sheldon Company, terms n/15.
20 Accepted Sheldon Company’s $35,600, 3-month, 7% note for balance due.
Feb. 18 Sold $23,900 of merchandise to Patwary Company and accepted Patwary’s $23,900, 6-month, 8% note for the amount due.
Apr. 20 Collected Sheldon Company note in full.
30 Received payment in full from Willingham Company on the amount due.
May 25 Accepted Potter Inc.’s $19,800, 3-month, 6% note in settlement of a past-due balance on account.
Aug. 18 Received payment in full from Patwary Company on note due.
25 The Potter Inc. note was dishonored. Potter Inc. is not bankrupt; future payment is anticipated.
Sept. 1 Sold $13,000 of merchandise to Stanbrough Company and accepted a $13,000, 6-month, 9% note for the amount due.
Prepare the general journal entry (without explanation) needed to close Net Income or Net Loss for the year end. Use compound entries where required. If no entry is required then write "No Entry Required."
Answer:
Closing entry for closing net profit / net loss for the year ended
Explanation:
In case of net profit, for the year ended closed -Profit & Loss a/c .. dr
to Capital ac
{Reason - As profit has credit balance, so nullifying by debiting it. And, profit increases capital, so capital a/c is credited}
In case of net loss, for the year ended closed -Capital a/c .. dr
to Profit & Loss ac
{Reason - As loss has debit balance, so nullifying by crediting it. And, loss decreases capital, so capital a/c is debited}
What is the difference between a co-payment and co-insurance?
a. Co-payment refers to two spouses paying for the same coverage, and co-insurance refers to
two spouses receiving the same benefits.
b. A co-payment is a flat fee for each service, and co-insurance is based on a percentage of the
costs incurred.
c. Co-payment is when a group of individuals work to cover each other's medical expenses, and
co-insurance is when an individual has multiple insurance policies from different companies.
d. A co-payment is when an employer helps an employee pay for insurance premiums, and co- insurance is when an employer helps an employee find better insurance than they could alone.
Answer:
(a.)
Co-payment refers to two spouses paying for the same coverage, and co-insurance refers to two spouses receiving the same benefits.
Your healthcare coverage plan includes two different types of cost-sharing provisions: copayments (copays) and coinsurance. Thus, statement 'A' (Co-payment refers to two spouses paying for the same coverage, and co-insurance refers to two spouses receiving the same benefits) is the correct statement.
What is the difference between a co-payment and co-insurance?Before obtaining any additional services, a patient (who is insured) is expected to make a co-payment to a service provider, such as a health insurer (health maintenance organization, or HMO), for medical costs.
The amount that a patient (the insured) must pay for a claim or covered charge after a deductible has been met is known as co-insurance, and it is often stated as a percentage of the costs spent.
Your copays are set amounts that help offset the cost of medical care. Your estimated share of the cost of treatment is known as your coinsurance.
Therefore, option 'A' is the correct option.
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Part A
Jennifer makes nail polish at home. Every month, she buys chemicals and dyes, which costs $3 per bottle of nail polish. She also buys glass bottles,which cost $0.50 each. She spends $500 per month to rent a warehouse space to store the nail polish. She sells the bottles for $7 each. How manybottles of nail polish does she need to make a profit?
Answer:
143 bottles
Explanation:
For Jennifer to make profits, she must make sales past the break-even point.
Break-even point is calculated by the formula
Break-even point = fixed costs/contribution margin per unit
In this case
Fixed costs =$500
Contribution margin per unit = selling price- variable costs
=$7 -($3 + $0.50) = $7 -$3.50
=$3.50
Break-even point = $500/$3.50
=142.85
=143 bottles
Answer ASAP
An entrepreneur wants to start a bakery. He wants to make a sales forecast for his first six months in business, so he obtains the sales records for all the successful bakeries in his state and uses the monthly average for his forecast. What mistake is he making in this process? A. It is impossible to make an accurate sales forecast for a new business, and attempting to do so will only set him up for failure and disappointment. B. He should not use data from bakeries in his own state, as it is unlikely that they will report accurate estimates to their potential competitor C. He should be looking at sales records for all the successful bakeries in the country, not just in his state. D. It is not likely that he will be able to match the sales volume of successful, established bakeries in his first six months.
The Mistake is he making in this process it is not likely that he will be able to match the sales volume of successful, established bakeries in his first six months. The correct option is D.
What is the importance of sales forecasting?A precise sales forecast enables businesses to efficiently allocate resources for future growth while also managing cash flow. Forecasting sales help create benchmarks for future trends and allow executives to make early course corrections. Revenue executives can optimize for more wins by aligning sales quotas with revenue goals.
Make a list of the products and services you offer. Estimate how much of each you anticipate selling. Define the unit price or monetary worth of each sold good or service. Divide the number of units sold by the price. Determine the cost of producing and selling each commodity or service.
Thus, the ideal selection is option D.
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Answer:
option d
Explanation:
it is not likely that he will be able to match the sales volume of successful, established bakeries in his first six months
In which year the first school in the whole world was opened?
Is profit the same as cash flow?
Answer:
No
Explanation:
Cash flow refers to the money that flows in and out of your business. It's income and expenses.
Profit, however, is the money you have after deducting your business expenses from overall revenue. Both are important, but cash flow is essential to keep your business running in the here and now.
PLEAS ANSWER QUICKLY MY TEST IS ABOUT TO END!!!!!!
In a market where the price is restricted by price floors or price ceilings,
a. Surpluses and shortages will put pressure on the price to move to its equilibrium.
b. Disequilibrium will automatically correct itself.
c. All sellers will be able to sell everything they produce.
d. All buyers will get what they want.
e. Surpluses and shortages will exist.
Answer:
c
Explanation:
A money market account paid annual interest of 4.8% in June and 4.91% in July. A two-month, time deposit account pays 4.87% annual interest. Neither account compounds interest. Which account would have earned more interest if $15,000 were left on deposit in each account for 2 months? *
Answer:
The time deposit account earned $0.37 more than the money market account.
This is so minimal and insignificant that it does not make a noticeable difference and the deposit could be put in any of the two accounts without the depositor suffering any disadvantage.
In practice, the time deposit earns more on the average than the money market account, because it has a stated period unlike the money market account that is always fluid.
Explanation:
a) Data and Calculations:
Money market account:
Interest rate in June = 4.8%/12
Interest rate in July = 4.91%/12
Deposit in account = $15,000
Interest earned in June = $60 ($15,000 * 4.8%/12)
Interest earned in July = $61.38 ($15,000 * 4.91%/12)
Total interest earned in June and July = $121.38
Time deposit account:
Interest rate in June and July = 4.87% * 2/12
Deposit in account = $15,000
Interest earned in June and July = $121.75 ($15,000 * 4.87% * 2/12)
If you get into a car accident, your___________ may increase because you will be considered riskier for insurance companies to cover
A. Car loan payment
B. Insurance premium
C. Taxes
D. Claims adjustment
Answer:
B. Insurance premium
Explanation:
If you get into a car accident, your Insurance premium may increase because you will be considered riskier for insurance companies to cover. Thus, option B is correct.
What are companies?A corporation is a legal body formed by a number of people to conduct and manage a business entity, whether it be commercial or industrial. An organizational model that will work as an individual representative and not in a collective manner.
As you already must be paying some amount of insurance premium, that premium will help you pay for the damage that has occurred this time. but still, when you next time may have a plan, they will increase the insurance premium.
After the accident, you have shifted from a lower-risk person to a higher-risk person. Therefore, option B is the correct option.
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Match each type of media to the purpose that best suits it.
1. a graph
A. to demonstrate correct form for a dance
2. a video
B. to show the effect of poor eating habits on
the heart
3. a photograph
C. to illustrate the soulful features of jazz
4. a music recording
D. to represent numerical facts on the world
population over the years
Answer:
music recorecording: to illustrate the soulful features of jazz, a graph:to represents numerical facts on the world population over the years, a photograph:to show the effect of poor eating habits on the heart, video:to demonstrates correct form for a dance.
Explanation:
2. Inputs and outputs Van's Performance Pizza is a small restaurant in Chicago that sells gluten-free pizzas. Van's very tiny kitchen has barely enough room for the four ovens in which his workers bake the pizzas. Van signed a lease obligating him to pay the rent for the four ovens for the next year. Because of this, and because Van's kitchen cannot fit more than four ovens, Van cannot change the number of ovens he uses in his production of pizzas in the short run.
Answer:
The question is incomplete, but I guess its about variable and fixed inputs. In this case, Van's workers are considered the variable input since Van can hire or fire workers in the short run. While the ovens are fixed inputs, since Van cannot change the number of ovens due to space and legal limitations (lease contract).
The short run or the long run are not specific time frames, it is not like current or non-current assets or liabilities. The short run refers to a time period where a business can only change certain inputs, e.g. labor or hours worked. While the long run refers to a time period where a business can change all of its inputs. I.e. in the long run, all costs are variable.
E.g. If Van's lease contracts (restaurant and ovens) expired in 6 months, and he was then able to get a new place and enter new contracts, then the long run would be in 6 months. But under the current conditions, the long run is 4 years since that is when the lease contracts expire.
A market supply schedule shows the relationship between
please!!!!!!
Answer: A supply schedule is a table that shows the quantity supplied at different prices in the market. A supply curve shows the relationship between quantity supplied and price on a graph.
Explanation: I HOPED THAT HELPED,!
think about a piece of fruit that you recently purchased. list the natural, labor, and capital resources needed to get it to you
Answer: Typically shipping fresh fruit or shipping fresh produce involves a few different steps which can slow down productivity. For example, fruits are loaded into a corrugated box then added to a pallet, then shrink wrap is added or banding is used to keep the boxes on the pallet.
Explanation:
Brendon Walsh wants to borrow $30,000 from the bank. The interest rate is 6% and the term is for 5 years.
What is yearly payment amount?
- $360
- $1,800
- $6,360
- $18,000
Answer:
38,000
explanation:
take 30,00+1,800(interest paid)=$38,000 (yearly payment)
Answer:
im pretty sure the answer is b sorry if im wrong
Explanation:
(a) Explain what a checking account transfer is and (b) explain how it helps you save.
Answers with Explanation:
1. A checking account transfer means that you are moving your money from your checking account to another bank account. This bank account could be yours or another person's. It is often done online.
2. A "checking account" allows a person to automatically transfer his money to his savings account on a regular basis or on a schedule. For example, a person has funds sitting on his checking account, some of these funds will be automatically transferred to his savings account. This gives him no excuses not to save money. Setting this up is conveniently done during paydays but may also be done on other days.
reasons why biden/trump would make a good president WITHOUT mentioning the opposing canidate.
Answer:
please stop talking bout this stuff but biden is going to raise taxes and take away LGBTQ rights soo yeah that's not the best thing
Answer:
Trump will be a great president
Explanation:
VOTE FOR TRUMP
Which of the following is an example of fraud?
A. Joe's Appliances advertises a microwave oven at half off its original price.
B. Joe's Appliances advertises a built-in microwave oven at a price that doesn't include
an installation fee.
C. Joe's Appliances advertises a microwave oven at a low price that it never had in stock.
D. Joe's Appliances advertises a microwave oven for less than it pays to buy it,
Answer:
c
Explanation:
if it was never in stock its misleading and a fraud
here is a riddle
A man who was outside in the rain without an umbrella or hat didn’t get a single hair on his head wet. Why?
Answer:
he doesn't have hair
Explanation:
he won't get his hair wet if he doesn't have any
during reccesion, why high specialized is less likely to survive than diversified firm
Answer: mostly diversified companies should presumably survive in them. Given the ... dominance of specialized firms vs. diversifiers across a large set of industries. ... may even become less efficient than specialized firms, we expect than specialized firms ... we are more likely to observe vertical integration.
Explanation:
3. Chin Lee Florists is opening a new store in the warehouse district of town. The annual rent is $8.75 per
square foot plus 5% of the store's annual gross sales. The store measures 36 feet by 48 feet. Based on
experience, Chin Lee estimates $225,000 in gross sales. What is Chin Lee's estimate of the monthly rent
on this store?
Answer:
$26,370
Explanation:
The annual rate per square is $8.75
The store measures 36 feet by 48 feet.
In square feet, the store will be
=36 x 48 sq.feet
=1,728 sq.feet
The annual rents will cost
= 1,728 sq.feet x $8.75
=$15,120
5% of the store's annual gross sales is 5/100 x $225,000
=0.05 x 225,000
=$11,250
the total amount that chin will incur
=$15,120 + $11,250
=$26,370
Which is NOT a type of planning used by management?
A Short-term
B Deliberate
C Strategic
D Long-term
Answer:
B Deliberate
Explanation:
Planning involves thinking ahead of events. It entails preparing beforehand for future activities. Managers will engage in planning to ensure the business meets its objectives.
There are different types of plans. Manager can make short term or long term plans which are based on time. Strategic plans are about methodology or procedure. Deliberate is not a type of planning.