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Questions tagged 'Finance & Banking'

124 questions

Can you use a credit card to buy a used car at an Arnold Clark dealership?

I would like to know if I can use my American Express credit card to purchase a used car at an Arnold Clark dealership. My interest rate with American Express is significantly better than the financin...

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Anonymous

Dec 16, 2024

P. jameson co. sold $500 of merchandise on master card credit sales. the net cash receipts from the sale are immediately deposited

P. Jameson Co. sold $500 worth of merchandise through MasterCard credit sales. The net cash receipts from this sale are immediately deposited into the seller's bank account. MasterCard charges a 4% fe...

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Lia Lowe

Dec 16, 2024

A lockbox plan is most beneficial to firms that a. receive payments in the form of currency, such as fast food restaurants, rather

A lockbox plan is particularly advantageous for firms that: a. receive payments predominantly in the form of currency, such as fast food restaurants, rather than through checks. b. operate manufactu...

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Anonymous

Dec 09, 2024

Barry purchased a used business asset (seven-year property) on september 30, 2017, at a cost of $200,000. this is the only asset he

Barry purchased a used business asset classified as seven-year property on September 30, 2017, for a cost of $200,000. This was the only asset he acquired during the year. Barry did not elect to expen...

All of the following are assumptions of cost-volume-profit analysis except

All of the following statements are assumptions of cost-volume-profit analysis, except for one. Which of the following is not an assumption? a. The sales mix remains constant. b. Costs can be categori...

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Anonymous

Dec 07, 2024

Financial information for Forever 18 includes the following selected data (in millions): ($ in millions) 2018 2017 Net income $ 156

Financial information for Forever 18 includes the following selected data (in millions): | ($ in millions) | 2018 | 2017 | |--------------------------|------|------| | Net income...

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Anonymous

Dec 06, 2024

One advantage of check writing is:?

What is one advantage of writing checks? - You have a written record of your payments. - You can use it at ATMs everywhere. - You can withdraw cash from ATMs with it. - You may need to pay a fee for u...

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Anonymous

Dec 05, 2024

how do i transfer money from hdfc a/c to icici a/c?

How can I transfer money from my HDFC account to my ICICI account?

Assume these securities are correctly priced. Based on the CAPM, what is the return on the market?

Assuming that these securities are correctly priced, what is the expected return on the market according to the Capital Asset Pricing Model (CAPM)?

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Anonymous

Dec 02, 2024

in a payslip what does net pay mean and total gross pay?

Could someone clarify what "net pay" and "total gross pay" mean on a payslip? I just want to confirm my understanding. Thank you!