What are the main uses for a checking account?

Answers

Answer 1

You may use an ATM with a bank account to control your daily spending, pay your bills, and have your paycheck transferred directly into your account.

What do you mean by account?

Account. 1 of 2 noun. ac count.: a summary of transactions within a fiscal period displaying the resulting balance.: a record of debit and credit entries to cover transactions concerning a specific item (as cash or notes receivable).

What are the 3 types of accounts?

Real, personal, or notional accounts are the many types of accounts used in accounting. The three categories of real account are then determined: tangible real account and intangible real account. Personal stories can come in three major subtypes: Organic, Authentic, and Artificial.

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Related Questions

why should everyone that is interested in post secondary education, complete the Free Application for Federal Student Aid

Answers

Answer:

It allows you to be eligible for federal student aid and other scholarships and grants.

Explanation:

Both of them will be beneficial for you if you have some additional money to pay for your tuition without having to take a job.

Unlike any other forms of loan, Federal students aid do not have a time limit on when you could pay the loan  back. This means that you can focus on your study and pay for the loan later on after you get a job in the future.

Grants and scholarships are even better. They usually give some students with direct financial helps=. You don't have to pay them back. But typically, grants and scholarships only available for students with specific criteria.

Outline six uses of computer


.​

Answers

Home useIndustryMedical FieldEntertainmentEducationBankingBusinessGovernment

I have given many options

cookiesamichael12345678

Answers

Answer: ?

Explanation:

Girl what does that mean, either you can count right or thats a username

Which factor of production would you consider a cow?

Answers

Answer:

Milk

Explanation:

Give brainliest please

By law, an accountant must hold a CPA designation in order to
?

Answers

Answer:

The CPA designation isn't required to work in corporate accounting or for private companies. However, public accountants⁠—which are individuals working for a firm, such as Deloitte or Ernst & Young, that provides accounting and tax-related services to businesses—must hold a CPA designation.

Explanation:

Answer:

Prepare audited or reviewed financial statements.

Hope this helps :)

Monetary targeting is setting a steady growth rate in:
A. employment.
B. GDP.
C. productivity.
D. the money supply.

Answers

Monetary targeting involves setting a specific growth rate for the money supply. It can have implications for employment, GDP, and productivity.

Monetary targeting is a strategy used by central banks to control the money supply and influence economic variables. In this approach, the central bank sets a specific growth rate for the money supply, which is the total amount of money in circulation in the economy. By controlling the money supply, the central bank aims to achieve its macroeconomic objectives.

When the central bank sets a steady growth rate in the money supply, it can have implications for various economic indicators. One of these indicators is employment. When the money supply grows at a steady rate, it can stimulate economic activity and lead to an increase in employment. This is because businesses have more access to funds, which allows them to invest, expand, and hire more workers.

Another economic indicator affected by monetary targeting is GDP (Gross Domestic Product). GDP is a measure of the total value of goods and services produced in an economy. When the money supply grows at a steady rate, it can contribute to economic growth and an increase in GDP. This is because the availability of money encourages spending and investment, which drives economic activity.

productivity, which measures the efficiency of production, can also be influenced by monetary targeting. When the money supply grows at a steady rate, it can provide businesses with the necessary funds to invest in new technologies, equipment, and training, which can enhance productivity.

In summary, monetary targeting involves setting a specific growth rate for the money supply. This strategy can have implications for employment, GDP, and productivity. By controlling the money supply, central banks aim to influence these economic variables and achieve their macroeconomic objectives.

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The amount of a good that buyers are willing and able to purchase at a given price.

Answers

Answer:

Quantity demanded is the amount of a good that buyers are willing and able to purchase at a particular price. Many things determine demand, but only price can determine the quantity demanded of a specific good. If you have the money and are willing to buy 2 ice cream cones a week, at $2 per cone, the quantity demanded would be 2 cones a week. Now, what happens if the price increases to $4 a cone? If you are like most people, the quantity of ice cream cones you demand will decrease as the price rises. In this case, assume your quantity demanded is now only 1 cone a week, which is what you are willing and able to buy. Notice that as the price of the cones increases, the quantity of ice cream cones demanded decreases. This means quantity demanded is negatively related to price-which means they have an inverse relationship. Economists refer to this relationship as the law of demand. The law of demand states that, other things being equal, when the price of a good rises, the quantity demanded of that good falls. The reverse is also true-when the price of a good falls, the quantity demanded of that good rises. The combination of the quantities people are willing and able to buy of a good or service at various prices constitutes a demand schedule. When the demand schedule is graphed, the demand curve is downward sloping.

How do you define marketing? What are the four foundations of marketing and how do they fit into your definition? Based on your definition of marketing, what purpose does marketing have in the free enterprise system? Explain and provide a concrete example.

Answers

Explanation:

Marketing is profitably using the results of studying short term and long term needs of those who can pay for a one-time, or in most cases, a steady flow of service or product placement. In 2017 The New York Times described it as "the art of telling stories so enthralling that people lose track of their wallets.[1]

It is one of the primary components of business management and commerce.[2] Marketers can direct their product to other businesses (B2B marketing) or directly to consumers (B2C marketing).[3] Regardless of who is being marketed to, several factors apply, including the perspective the marketers will use. Known as market orientations, they determine how marketers will approach the planning stage of marketing.[4]

The marketing mix, which outlines the specifics of the product and how it will be sold,[5][6] is affected by the environment surrounding the product,[7] the results of marketing research and market research,[8][9] and the characteristics of the product's target market.[10] Once these factors are determined, marketers must then decide what methods will be used to promote the product,[3] including use of coupons and other price inducements.[11]

The term marketing, what is commonly known as attracting customers, incorporates knowledge gained by studying the management of exchange relationships[12][13] and is the business process of identifying, anticipating and satisfying customers' needs and wants.

Answer:

The free-market systems bring both of these because it allows us to make our own economic decisions as individuals. In the beginning, when some countries gained ground in the time that others had only just started, the free market wasn’t free.

I appreciate the fact that we have the freedom to come up with new ideas for consumers. A free-market economy is self-regulating and responds efficaciously to rapidly changing conditions.

Question 5 of 10
When gathering information, which of the following tasks might you need to
perform?
A. Apply standards, such as measures of quality, beauty, usefulness,
or ethics
B. Seek out ideas from others and share your own ideas
C. Study objects, conduct lijsts, research written materials, and ask
questions
D. Fill out forms, follow procedures, and apply math and science
SEN

Answers

I’m pretty sure the answer is option C

The account used to summarize the owner's equity in a business is called capital.a. trueb. false

Answers

a. true. The account used to summarize the owner's equity in a business is commonly referred to as "capital."

It represents the residual interest in the assets of the business after deducting its liabilities.

In a business, the owner's equity represents the amount of money or assets that the owner has invested in the business, along with any profits or losses earned by the business. The account used to summarize this equity is commonly referred to as "capital." This account represents the ownership interest of the business owner, and it is typically listed on the balance sheet alongside the business's assets and liabilities. By tracking the capital account, the owner can see how much of their own money is tied up in the business, and how much the business is worth overall.

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Global Pictures is about to release their second feature film. Their first film was a blockbuster, and their pre-release campaigns played a pivotal role. This time, Global Pictures wants to attract an even larger audience and at the same time to minimize the campaign cost. A team of publicity experts is planning to meet so that they can come up with an effective strategy. In this scenario, using the standard agenda approach, which task should they primarily focus on?

Answers

Answer: Formulate criteria; so that the group members know the group goal and when it has developed a good solution

Explanation:

Standard agenda came about through John Dewey and he refered to it as the process whereby through reflective thinking, individuals find solutions to issues.

Based on the information given in the question, using the standard agenda approach, the task that they should primarily focus on is to formulate criteria to enable group members know the group goal and when it has developed a good solution.

Aaron Heath is seeking part-time employment while he attends school. He is considering purchasing technical equipment that will enable him to start a small training services company that will offer tutorial services over the Internet. Aaron expects demand for the service to grow rapidly in the first two years of operation as customers learn about the availability of the Internet assistance. Thereafter, he expects demand to stabilize. The following table presents the expected cash flows:
Year of Operation Cash Inflow Cash Outflow
2019 $ 25,000 $ 12,000 2020 29,000 16,000 2021 32,000 18,000 2022 32,000 18,000 In addition to these cash flows, Aaron expects to pay $25,000 for the equipment. He also expects to pay $4,000 for a major overhaul and updating of the equipment at the end of the second year of operation. The equipment is expected to have a $4,000 salvage value and a four year useful life. Aaron desires to earn a rate of return of 8 percent. (PV of $1 and PVA of $1)(Use appropriate factor(s) from the tables provided.)

Answers

In order to determine the net present value of the investment, the cash inflows and outflows for each year of operation must be determined and to provide a step-by-step explanation in your answer. The net present value of the project is $47,940.

Using the PV factor of $1 for four years at an 8% rate, the present value of the equipment would be $19,572.Using the PV factor of $1 for four years at an 8% rate, the present value of the overhaul and updating at the end of the second year of operation would be $3,496.The total cash outflows for the project, including the equipment and overhaul and updating costs, are $50,000 ($25,000 + $4,000 + $21,572 + $3,496).

The cash inflows for the project for each year of operation are $25,000, $29,000, $32,000, and $32,000, respectively. Using the PV factor of an annuity due of $1 for four years at an 8% rate, the present value of the cash inflows would be $97,940. Using the present value of cash inflows and outflows, the net present value of the project can be calculated as follows: NPV = $97,940 - $50,000NPV = $47,940. Therefore, the net present value of the project is $47,940.

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The expectancy theory asserts that a person or individual will act in a particular manner because he or she is driven to select a particular behaviour above others because of the outcome of the selected behaviour.

The expectation theory can be defined as the desire to choose one behaviour above another based on how desirable the behavior's results will be. The following are some of the parts that make up the expectation theory: Expectancy (E-P), Instrumentality (P-O), and Valence (V(O)) all refer to effort to performance.

The expectation hypothesis for employees is based on the employee's effort, which the employee believes is sufficient to obtain a particular outcome and reward.Each year the initiative is in operation, cash inflows total $25,000, $29,000, $32,000, and $32,000, respectively. The present value of the cash inflows would be $97,940 if the annuity due at $1 for four years at an 8% rate were used as the PV component.The net present value of the project can be computed using the present value of cash inflows and outflows as follows:

NPV = $97,940 - $50,00ONPV

= $47940

= $47,940.

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DeBeers is an example of a government monopoly. True or False?

Answers

Answer:

I believe this is false.

Rick has a great idea about a new product to sell. He needs
money to get started building his brand. What type of loan does
he need?
A. Mortgage
B. Business
C. Home equity
D. Auto

Answers

He needs a business loan so it would be B

The demand side of economic policy, refers to the actions undertaken by a nation's central bank to control money supply to maintain economic growth. This is an example of

Inflation
monetary policy
Debt management
Loans

Answers

Answer:

The perspective of economic policy that focuses its efforts to follow a national central bank when it wants to make sure money supply is regulated to achieve a continuous economical positive development is an example of:

monetary policy

Explanation:

The reasons behind this answer are that monetary policy is the concept used to represent the efforts of a certain monetary organization to make sure the interest rates are set in the best scenario to enable borrowers to pay their debts. Pointing to a scenario of economical and monetary stability that would support the country in times of economical distress.

The current yield on a bond is the yearly interest of the bond divided by the cost of the bond at closing. Group startsTrue or FalseTrue, unselectedFalse, unselected

Answers

The statement that the current yield on a bond is the yearly interest of the bond divided by the cost of the bond at closing if false.

What is current yield?

The current yield is also defined as the interest yield or income yield or flat yield or market yield or mark to market yield or running yield.

It is a financial term that is used in quotation to bonds and another fixed-interest securities like golds.

The formula of calculating the current yield are as follows:

\(\text{Current Yield} = \dfrac{\text{Annual Interest Earned}}{\text{Current Price of the Bond}}\)

Therefore, the given statement is false.

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You are considering buying a building in downtown Asheville. The building is selling for $10 million, and you anticipate an annual FCF of $1 million. At the end of 10 years, the building will be half depreciated, and at this point you think you can sell the building for $15 million. If your cost of capital is 17%, does the building have positive NPV? Assume a 20% capital gains tax on the sale of the building in 10 years; income taxes and depreciation tax shields have been included in the annual FCF of $1 million

Answers

The building has a positive NPV and is a good investment opportunity based on our assumptions

To determine whether the building has a positive net present value (NPV), we need to calculate the present value of the expected future cash flows and subtract the initial cost of the building.

First, we need to calculate the cash flows for each year. We know that the annual free cash flow (FCF) is $1 million, and that the building will be sold for $15 million at the end of 10 years, but we also need to account for the capital gains tax. The capital gains tax is 20% of the capital gain, which is the difference between the sale price and the half-depreciated value of the building. The half-depreciated value of the building is $10 million / 2 = $5 million, so the capital gain is $15 million - $5 million = $10 million, and the capital gains tax is 20% of $10 million = $2 million.

Year 1-9:

FCF = $1 million per year

Year 10:

Sale Price = $15 million

Capital Gains Tax = $2 million

Net Sale Proceeds = $15 million - $2 million = $13 million

Next, we need to calculate the present value of each cash flow. We can use the formula:

PV = FCF / (1 + r)^n

where r is the cost of capital (17%) and n is the number of years.

Year 1-9:

PV = $1 million / (1 + 0.17)^n = $1 million / 6.75 = $148,148.15 (rounded)

Year 10:

PV of Net Sale Proceeds = $13 million / (1 + 0.17)^10 = $2,499,342.19 (rounded)

Now we can calculate the NPV:

NPV = sum of PVs - initial cost of building

NPV = ($148,148.15 x 9) + $2,499,342.19 - $10 million

NPV = $1,735,333.34

Since the NPV is positive, the building has a positive NPV and is a good investment opportunity based on our assumptions. However, it's important to note that this analysis is based on several assumptions, and actual results may differ. It's always a good idea to conduct a thorough analysis and consider various scenarios and risks before making any investment decisions.

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Given the demand function aQ+bP−k=0, where a,b and k are positive constants, show that the price elasticity of demand is minus one when marginal revenue is zero.

Answers

The price elasticity of demand is equal to minus one when the marginal revenue is zero in the given demand function aQ+bP−k=0.

How can we show that the price elasticity of demand is minus one when marginal revenue is zero?

To demonstrate that the price elasticity of demand is minus one when marginal revenue is zero, we can utilize the relationship between elasticity and marginal revenue.

The price elasticity of demand (ε) is calculated as the ratio of the percentage change in quantity demanded to the percentage change in price (ε = (%ΔQ/%ΔP)).

When marginal revenue (MR) is zero, it implies that the total revenue is maximized. At this point, the demand curve is unit elastic, meaning the price elasticity of demand is equal to minus one (ε = -1).

To establish this relationship mathematically, we differentiate the demand function with respect to price, which gives us the expression for marginal revenue (MR).

Setting MR equal to zero allows us to solve for the corresponding price and quantity values. By substituting these values into the price elasticity of demand formula, we find that it is indeed equal to minus one.

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The federal reserve can affect you through

Answers

As the Federal Reserve conducts monetary policy, it influences employment and inflation primarily through using its policy tools to influence the availability and cost of credit in the economy.

Does it matter how much money you make in your career?

Answers

Yeah it will matter because that’s what you will use in the future whenever you are grown up

Answer:

Yes,it does matter how much money you make in your career

What is the ground clearance of the Nissan GT-R?

Answers

Answer:

110 mm

Explanation: The Nissan GT-R has a 110 mm ground clearance.

What is the main difference between a debit card and a credit card?.

Answers

Answer:

A debit card requires you to have the cash available in the account; a credit card does not.

Explanation:

Which type of investment income happens when a company
shares its profits with investors?

Answers

Dividends is the answer

Answer:

B is the answer

Explanation:

i just did the quiz

A sector is a diversified group of companies.
True or False

Answers

Explanation:

A diversified company is a type of company that has multiple unrelated businesses or products. A company may decide to diversify its activities by expanding into markets or products that are related to its current business.

For example, an auto company may diversify by adding a new car model or by expanding into a related market like trucks.

Diversified Industries covers a wide range of sub-sectors including Automotive, Transport & Logistics, Building Materials & Construction, Capital Goods, Business Services, Metals and Oil Field Services. Even the way industrial products are developed, manufactured and commercialized is changing. I would say the answer is True

answer them all correct and get brainliest and 50 points
Which of the following is the best way to write a salutation in a cover letter addressed to Mr. Ravi Patel, Human Resources Manager, ABC Company?
a.
Dear Sir:
b.
To Whom It May Concern:
c.
Dear Mr. Patel:
d.
Gentlemen:


Please select the best answer from the choices provided

A
B
C
D
An excerpt of an introduction of a cover letter about an opening at Green Acres Community Center.
Which type of cover letter would the above excerpt come from?
a.
Prospecting cover letter
b.
Networking cover letter
c.
Application cover letter
d.
Follow up cover letter



Please select the best answer from the choices provided


A
B
C
D
Which of the following is NOT an example of nonverbal communication?
a.
Using facial expressions
b.
Talking on the telephone
c.
Making eye contact
d.
Making hand gestures


Please select the best answer from the choices provided

A
B
C
D
Communication may account for as much as _____ of a hiring decision.
a.
25%
b.
40%
c.
65%
d.
80%



Please select the best answer from the choices provided


A
B
C
D
The purpose of sending a thank-you letter after an interview is to _____.
a.
increase name recognition
b.
demonstrate good manners
c.
reiterate interest in a position
d.
reinforce qualifications
e.
all of the above


Please select the best answer from the choices provided

A
B
C
D
E

Answers

C
A
B
D
E
These are the answers that I got I’m pretty sure all of them should be right

Answer:

C

A

B

D

E

Explanation:

i just plugged them in on edge 2020

Why does unemployment increase when the economy is bad?

Answers

The unemployed workers and their families spend lower, which weakens demand performing in poor economy.

While economists and scholars argue that a certain degree of natural severance can not be excluded, extreme severance imposes significant costs on the person, community, and country. Underemployment may be extensively dangerous to society's economy as well. Severance numbers include those who work in low- paid or low- skill occupations that don't give enough full- time hours to qualify for benefits or to earn a inhabitable pay envelope.. The profitable counter accusations may extend beyond reduced consumption. In a difficulty, numerous people may turn to their withdrawal savings, and depleting these finances has long- term consequences.

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There are three clues labeled "daily double" on the game show Jeopardy. If three equally matched contenders play, what is the probability that: a. A single contestant finds all three "daily doubles"? b. The returning champion gets all three of the "daily doubles"? c. Each of the players selects precisely one of the "daily doubles"?

Answers

Answer:

a)  0.0358

b)  0.0395

c)  0.1506

Explanation:

Number of clues "daily doubles" = 3

Determine the probabilities

a) P(single contestant finds all three )

assuming event A= a returning champion gets the "daily double" in first trial

P(A) = 1/30 , P(~A) = 29/30              

assuming event B = any player picks up "daily double" after the first move

P(B |~A ) = 1/3

hence : P ( B and ~A ) = 29/30 * 1/3 = 29/90

considering second round

P(player chooses both daily doubles ) = 1/3 * 1/3 = 1/9

∴ P(single contestant finds all three )  = 29/90 * 1/9 = 0.0358

B) P ( returning champion gets all three )

= (1/30 + 29/90 )* 1/9

= 32 / 810 = 0.0395

c) P ( each player selects only one )

P = 32/405 + 29/405

  = 61 / 405 = 0.1506

Select the correct answer.
All of the following are intended purposes of differentiated marketing EXCEPT
A.
To create brand loyalists
B.
To increase sales
C.
To save advertisement costs
D.
To generate referrals

Answers

Answer:

Explanation:

To save advertisement cost

when an alaysist is lookign at a company for the first time, whcih of the followng four acivities does he do first?

Answers

a) Defines the industries in which the company operates.

What performs an analyst for a business?

Business analysts evaluate an organization's performance and work with it to enhance its systems and processes. In order to find solutions to business challenges, they perform research and analysis. They then assist in introducing these solutions to businesses and their customers.

Are business analyst and analyst the same thing?

Both business analysts and data analysts support data-driven decision-making in their respective enterprises. Business analysts are more likely to address business problems and suggest solutions, whereas data analysts typically work more directly with the data itself.

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Problem 3-10
Describing Business Transactions 1. The owner invested $30,000 in the business.

2. 3. 4. 5. 10. Analyze: 6. 7. 8. 9. Problem

3-11
Completing the Accounting Equation Assets Accounts Receivable 1 2 3 4 5 6 7 8 Cash in Bank $ 3,000 $ 8,000 $ 4,000 $ 9,000 $ 10,000 $ 6,000 Analyze: + + + + + + + + $ 2,000 $ 9,000 $ 1,000 $ 7,000 $ 14,000 $ 4,000 $ 5,000 + + + + + Business Equipment $ 1,000 + $ 10,000 $ 4,000 $ 6,000 $ 10,000 + $ 9,000 = = = = Liabilities Accounts Payable $ 500 $ 2,000 $ 1,000 $ 5,000 $ 6,000 $ 1,000 + + + + + + + + Owner's Equity Richard Tang, Capital $ 7,500 $ 16,000 $ 15,000 $ 17,000 $ 32,000 $ 15,000​

Answers

Answer:

$ 5,000 $ 6,000 $ 1,000

Explanation:

$ 5,000 $ 6,000 $ 1,000 is the amount that has come out of the Business Transactions.

What is the meaning of Transactions?

An executed contract between a buyer and a seller to trade goods, services, or financial assets in exchange for money is known as a transaction. The phrase is also frequently used in business accounting. This straightforward definition might be challenging in corporate bookkeeping.

A transaction is a commercial occurrence that results in a monetary impact on the financial statements of a company and is noted as an entry in the accounting records of that firm. Here are some examples of transactions: paying a supplier for products or services received.

Any business activity that has an immediate impact on the company's financial situation and financial statements is referred to as an accounting transaction. Sales made to customers on credit and sales made in cash are two examples of these types of transactions. An agreement between a buyer and a seller constitutes a transaction. In a transaction, the seller exchanges cash for the provision of goods, services, or other financial assets.

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