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IRISSAK [1]
2 years ago
11

Elmo wrote Kris a check for $601.73, and Kris deposited the check into her checking account. Where was Kris' signature?

Business
2 answers:
MArishka [77]2 years ago
6 0
Elmo would sign the check on the front signature line and Kris would sign the back side of the check to authorize it
Eduardwww [97]2 years ago
5 0

Answer:

Kris will sign the check on the back side to allow it.

Explanation:

  • Elmo will sign the check on the signature line in the front, and Kris will sign the check back to approve it.
  • A check is a paper that requires a bank to pay a certain amount of money from the fund of an individual to the individual in whose name the check was given.

The drawer and payee can be human persons or corporate entities.

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Exercise 13-8 Payback Period and Simple Rate of Return [LO13-1, LO13-6]
andrew-mc [135]

Answer:

4 years

Yes

Explanation:

Payback period calculates the amount of time it takes to recover the amount invested in a project to be recovered from the cumulative cash flow.

Cash inflow for the period = Net income + Net cash deductions (depreciation expenses)

$60,800 + $19,200 = $80,000

Payback period = amount invested / cash inflow

$320,000 / $80,000 = 4 years

If the payback period is five years or less, the project would be accepted because the amount invested would be recovered in 4 years. Therefore, the company would purchase the new games.

I hope my answer helps you

5 0
2 years ago
Based on the lesson and your research, how would you fund a four-year college degree? In two to three sentences, explain your ch
LekaFEV [45]
You can fund a four-year college degree by either of the following:

1. Loans
Loans can be acquired through federal aid or private means. They must be paid back with interest when the student has graduated. They are guaranteed by the federal government.

2. Scholarships
Scholarships depends on criterias from who will sponsor it. These criterias may include financial need, merits, field of study, etc. There are those who can help students look for a scholarship that fit them like counselors, the government or its agency, community organizations, etc.

3. Work-study programs
They operate with the financial aid office of the school. However, they require the student's determination and financial needs. 
9 0
2 years ago
Read 3 more answers
Strand company is planning to sell 400 buckets and produce 380 buckets during march. each bucket requires 500 grams of plastic a
Alekssandra [29.7K]
Given the data in the problem, we can calculate the cost of production for each bucket:

one bucket requires:

500 grams of plastic and one-half hour of direct labor. 

The plastic costs $10.00 per 500 grams and the employees are paid $15.00 per hour. 

Therefore, one bucket costs (material and labor):

$10.00 + $15.00 * (1/2 hour) = $17.50 per bucket plus (1.10 * $7.50) = $25.75

for 380 buckets :

$25.75 * 380 = $9785

This value only represents the cost of production of 380 buckets for the month of March. <span />
5 0
2 years ago
Q 11.26: The board of directors of Testa Incorporated has decided that they would like to declare a $400,000 cash dividend at so
11Alexandr11 [23.1K]

Answer: B. : a healthy cash reserve

Explanation:

For the company to be able to declare a Dividend, it's cash reserve needs to be healthy. For this to happen use the following formula;

Free cash balance = Available cash balance - Current Liabilities payable

= 827,000 - 436,000

= $391,000

After taking out the money that will be needed to pay the Current Liabilities, there would be an insufficient balance to pay off the Dividends of $400,000.

Their cash reserve is not healthy enough for the dividends to be declared.

6 0
2 years ago
Kimberly-Clark developed its Avert Virucidal tissues that contained vitamin C derivatives, which were scientifically designed to
mezya [45]

Answer:

E) incomplete market and product protocol.

Explanation:

Kimberly-Clark's Avert Virucidal failed in test marketing, because the researchers in charge of product development  failed to clearly define how it would satisfy consumers' wants and needs. The idea itself wasn't bad, but the concept testing was poorly done. During concept testing, the marketing researchers must determine if the consumers understand the product's idea or not, and obviously that didn't happen. The product does satisfy consumers' needs and if the marketing process was properly done, they would have probably accepted the product.

3 0
2 years ago
Read 2 more answers
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