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jek_recluse [69]
2 years ago
7

Lakshmi has had a checking account for over twenty years and has always gotten money from her bank by cashing a check. She would

like a more convenient method of getting cash, without having to visit the bank each time she needs to withdraw money. What type of card would she get. A. Cash card. B. Credit card. C. Debit card. D. Store gift card
Business
2 answers:
vlabodo [156]2 years ago
7 0
The answer is C credit card 

WITCHER [35]2 years ago
7 0
The answers is debit card.
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A property was purchased two years ago for $300,000; the investor just sold the property for $379,000. What was the percentage o
ikadub [295]

Answer:

percentage of profit is 26.3%

Explanation:

given data

purchase property cost = $300,000

time = 2 year ago

sold  property = $379,000

solution

we get here percentage of profit in relation to the cost

first we get here percentage value increase  that is

percentage value increase = \frac{379000}{300000}

percentage value increase = 1.263

percentage value increase = 126.3%

so here 1 in 1.263 represent you the original cost

so profit % = 1 - 1.263

profit % = 26.3%

3 0
2 years ago
Lani's generated net income of $911, depreciation expense was $47, and dividends paid were $25. Accounts payables increased by $
guajiro [1.7K]

Answer:

What was the net cash flow from operating activity? $959

Explanation:

Net Income                 911  

Addition to cash    

Depreciation                   47  

 

958  

 

Operation activities  

Account Payable               15 Increase

Account receivables      -28 Increase

Inventory                         14 Decrease

 

Cash flow from

operating activities      959  

5 0
2 years ago
The Buttercrust Pizza Company sells pizzas in two different sizes—medium and large. The number of medium pizzas sold is twice th
Ivenika [448]

Answer:

False

Explanation:

The weighted average contribution margin is calculated by multiplying individual contribution margin with respective size pizzas (i.e number of units sold) then total contribution margin (i.e of both medium and large size) is divided upon total number of units sold, see as follows:

According to Buttercrust Pizza company's sales data medium pizzas sold are twice the number of large pizzas. Now here we have to take an assumption since we aren't given actual sales units. Keeping in mind the sales data we can assume that 100 units of medium pizzas and 50 units of large pizzas are sold during the period.

Contribution margin of medium pizza: (CM× units of medium size pizzas)

Contribution margin of large pizza: (CM× units of large size pizzas)

Contribution margin of medium pizza: $10× 100 = $1000

Contribution margin of large pizza: $22× 50 = $1100

Total contribution (of both pizza sizes) = $2100

Total sales units (of both pizza sizes) = 150

The weighted average contribution margin is calculated as follows:

WACM= $2100÷ 150

WACM= $14

(Disclaimer: the solution of this question has been concluded using self-induced assumptions.)

4 0
2 years ago
Suppose you win the lottery and have two options: A. Take $1 million now. B. Take $1.2 million to be paid out as 300,000 now and
laila [671]

Answer:

A. Take $1 million now.

Explanation:

A. If we take $1 million now the present value of the money is $1 million.

B. If we choose to take $1.2 million paid out over 3 years then present value will at 10% will be;

$300,000 + $300,000 / 1.2 + $300,000/ 1.44 + $300,000 / 1.728

$300,000 + $250,000 + $208,000+ $173,611 = $931,944

The present value of option B is less than present value of option A. We should select option A and take $1 million now.

4 0
2 years ago
National Importers paid $38,600 in dividends and $24,615 in interest over the past year while net working capital increased from
Tatiana [17]

Answer:

$67,015

Explanation:

Given that

Interest = 24615

Long term debt paid off = 23800

Dividends paid = 38600

New equity = 2000

Therefore,

Cash flow from assets = (24,615 + 23,800) + (38,600-20,000)

= 48415 + 18600

= $67,015

7 0
2 years ago
Read 2 more answers
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