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Ilya [14]
1 year ago
8

What is the main disadvantage of moving to e-moneyLOADING... or moving to a cashless​ society? A. Funds are debited too quickly

from the​ payer's account B. The use of​ e-money does not work with vending machines or other​ coin-based transactions C. It is difficult to keep track of electronic purchases D. There are problems with security and privacy
Business
1 answer:
Nady [450]1 year ago
7 0

The correct answer is D) There are problems with security and privacy.

The main disadvantage of moving to e-money LOADING... or moving to a cashless​ society is "There are problems with security and privacy."

Technology has brought many advantages to the way people do business, facilitating transactions, bank payments, deposits, and many more functions. However, it also has risks and disadvantages. The most important risk that has already affected thousands of people is the security and privacy of data.

There have been cases such as the clients of Target supermarket that suffered from stolen information and hackers used their credit cards to make purchases. Private concerns of data uploaded on social media sites such as Faceb*ok have been used to other purposes and the President of this company had to testify members of the US Congress.

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Williamsburg Market is an all-equity firm that has net income of $96,200, depreciation expense of $6,300, and an increase in net
sladkih [1.3K]

Answer:

The answer is $99700

Explanation:

Net cash from operating activity= Net income + Depreciation - increase in net working capital.

Net cash from operating activity= $96,200 + $6,300 - $2,800= $99700

6 0
2 years ago
Wendy Epstein, a sales representative, earns an annual salary of $29,500 and receives a commission on that portion of her annual
Likurg_2 [28]

Answer:

a. Regular annual salary = $29,500

b. Sales commission = $13,750

c. Total annual earnings = $43,250

Explanation:

a. Regular annual salary is constant and fixed = $29,500

b. Sales commission for sales above $150,000 to $200,000 = 8.5%

On sales above $200,000 Sales commission = 10%

Actual Sales for the year = $295,000

Sales Commission

= $200,000 - $150,000 = $50,000 \times 8.5% = $4,250

+ $295,000 - $200,000 = $95,000 \times 10% = $9,500

Total commission = $4,250 + $9,500 = $13,750

c. Total annual earnings =  Annual salary + Total commission

= $29,500 + $13,750 = $43,250

Final Answer

a. Regular annual salary = $29,500

b. Sales commission = $13,750

c. Total annual earnings = $43,250

7 0
2 years ago
From the set $\{1, 2, 3, \dots, 20\},$ ten numbers are chosen at random, forming a subset. Let $M$ be the largest element among
Marysya12 [62]

The largest element can be as small as 10, which happens when the subset is {1, 2, ..., 10}.  The probability of choosing this subset is (1/2)^10 = 1/1024.  (Every element from 1 to 10 can either be in the subset, or not.)

The largest element can also be 11.  All the numbers in the subset must be from 1 to 10, and we must choose 1 to leave out, so the probability that the largest element is 11 is C(10,1)*1/1024.

The largest element can also be 12.  All the numbers in the subset must be from 1 to 11, and we must choose 2 to leave out, so the probability that the largest element is 12 is C(11,2)*1/1024.

We can do the other cases similarly:

Largest element is 13 -> C(12,3)*1/1024

Largest element is 14 -> C(13,4)*1/1024

Largest element is 15 -> C(14,5)*1/1024

Largest element is 16 -> C(15,6)*1/1024

Largest element is 17 -> C(16,7)*1/1024

Largest element is 18 -> C(17,8)*1/1024

Largest element is 19 -> C(18,9)*1/1024

Largest element is 20 -> C(19,10)*1/1024

Adding these up, we get (1 + C(10,1) + C(11,2) + ... + C(19,10))*1/1024.  Since 1 = C(9,0), we also get (C(9,0) + C(10,1) + C(11,2) + ... + C(19,10))*1/1024.

By the Hockey Stick Identity, C(9,0) + C(10,1) + C(11,2) + ... + C(19,10) = C(20,10), so the expected value of the largest element is 1/11*C(20,10)*1/1024 = 4199/256.

6 0
2 years ago
The June 30, 2021, year-end trial balance for Askew company contained the following information: Account Debit Credit Inventory,
34kurt

Answer:

$252,000

Explanation:

Calculation for the cost of goods sold for the Askew Company for the year ending June 30, 2021.

First step is to calculate the Net Purchase

Purchases 259,000

Less Purchase discounts (7,900)

Less Purchase returns (11,900)

Add Freight-in 20,800

Net purchase 260,000

Now let calculate the cost of goods sold

Inventory, 7/1/2020 33,900

Add 260,000

Less inventory balance ($41,900)

Cost of goods sold $252,000

Therefore the cost of goods sold for the Askew Company for the year ending June 30, 2021 will be $252,000

5 0
2 years ago
Roy agrees to work as a financial advisor on a commission basis for Secure Investments, Inc., and signs an employment contract t
Ber [7]

Answer:

Yes.  Roy can successfully challenge this arbitration award in court.

Explanation:

According to the law, an arbitration clause is a part of the contract between Roy and Secure Investments, Inc. that deals with these parties' rights and options in the event of a legal dispute over their contract.  Like in most arbitration clauses, Roy and Secure Investments, Inc. must have agreed not to sue each other but instead, to resolve their disputes through the arbitration process.  But the res judicata effect produced through an arbitration can either be challenged and appealed against or enforced.  Roy, depending on the merits of his case, can make a successful appeal against the arbitration award and not against the arbitration itself.

3 0
2 years ago
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