Answer:
380 minutes
Explanation:
Given: Plan A : Monthly fee $25
Additional per minute charges = 9 cents
Plan B = Monthly fee = $32.60
Additional per minute charges = 7 cents
The equation for cost usage under plan A will be,
X = 25 + 0.9 y
wherein y denotes the number of minutes consumed
Similarly, for Plan B, the equation would be,
X = 32.6 + 0.07 y
since total cost under the two has to be same at the same number of minutes.
Equating the two , we get,
25 + 0.09 y = 32.6 + 0.07y
⇒ 0.02y = 32.6 - 25
⇒ 0.02y = 7.6
⇒ y =
⇒ y= 380
Hence till the usage level of 380 minutes, Plan A will not cost more than Plan B.
B) Cash flows provided by operating activities 12,000
C) Cash flows used by investing activities (8,000)
D) Cash flows provided by financing activities 9,000
What is the ending cash balance?
Answer:
$27000
Explanation:
Given: Beginning Cash balance $14,000
Cash flows provided by operating activities 12,000
Cash flows used by investing activities 8,000
Cash flows provided by financing activities 9,000
Now, calculating the ending cash balance:
Ending cash balance is calculated by subtracting cash outflow from cash inflow.
∴ Ending cash balance=
Ending cash balance=
∴ Ending cash balance for December 31, 2019 is $27000.
Answer:
B. Not likely to have jurisdiction over the case is the correct answer.
Explanation:
In the US, A state court can have jurisdiction over the case in which there is some connection to the state. The majority of civil and criminal cases are handled by the state courts. State courts apply state laws to decide cases. They are common law cases. The state's constitution and legislation's are binding on them, if the need arises they also take the federal court into account. The decisions of the lower courts can be challenged in high courts.
availability of your funds on short notice
b.
earning potential of savings
c.
security or safety of funds on deposit
d.
tax-free accumulation of savings
Answer: a. availability of your funds on short notice
Liquidity of savings refers to availability of your funds on short notice.
Explanation:
Liquidity of savings means the availability of cash in order to meet immediate and short-term obligations or operating needs. Cash is the most liquid asset. Some investments can easily be converted to cash like stocks and bonds because they are very liquid. They can be converted to cash within days and as a result, they are known as liquid assets.
Answer: True
A bank line of credit is a prearranged loan amount that you can access by writing specific checks
Explanation:
A line of credit (LOC) refers to a type of loan extended to an individual, organizations or government which establishes the maximum loan amount a customer can borrow. It is a form of arrangement between a financial institution and its customer. It is an open-end credit account that enables borrowers to spend money, repay it, and spend it again. A customer or borrower can access funds from the line of credit in agreement with the maximum amount that is agreed upon because he or she must not exceed the limit. The loan on the line of credit must be paid back within a specified time and at a specified interest rate. It allow a borrower to write checks (drafts) in order to access the loan.
B. Pay your bills on time.
C. Apply for several credit cards.
D. Don't allow balances to get to zero.