Intentionally writing a check on an account with insufficient funds is illegal. true or false

Answers

Answer 1
Answer: False.

The above statement is false because for intentionally writing a check on an account with sufficient funds, it is only considered illegal when it is intended for check kiting, it is written above $100 and has been done more than once.

If it has been done for the 1st time with the intent of depositing an amount to cover the issued check, then it would not be illegal. 
Answer 2
Answer:

Answer:

false

Explanation:


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maxine epstein is married and claims one allowance. epstein earns $750 weekly and also receives bonus checks (separate from her regular wages). epstein earned a bonus of $3,500 and her employer withheld from the bonus at a 22% flat rate. compute epstein's total federal income tax withholding at the flat rate from the bonus.

Answers

Answer:

To compute Maxine Epstein's total federal income tax withholding at the flat rate from her bonus, you can follow these steps:

Determine the amount of the bonus subject to flat-rate withholding. In this case, her bonus is $3,500, and her employer withheld at a 22% flat rate.

Calculate the federal income tax withholding by multiplying the bonus amount by the flat-rate percentage:

Federal Income Tax Withholding = Bonus Amount x Flat-Rate Percentage

Federal Income Tax Withholding = $3,500 x 0.22

Perform the calculation:

Federal Income Tax Withholding = $770

Maxine Epstein's total federal income tax withholding from her bonus, at the flat rate, is $770. This amount will be withheld by her employer and remitted to the IRS. It's important to note that this is just the withholding amount, and the actual income tax liability may vary based on her total income, deductions, and credits when she files her tax return.

Due to the backlash against advertising that clutter can cause, advertisers are integrating more tools within theoverall promotional effort to reach more consumers in different ways, such as through mobile or social media or digital content.A. TrueB. False

Answers

Answer:

A. True

Explanation:

Yes! it is very true statement because due to negative views of the people against the advertising industry.

This was the reason due to  which the advertising industry come up to add more tools in there advertisement through social media some of the time or through mobile phones some of the time or through the digital contents some of the time.

When Sheila arrived at the gym on Tuesday morning, she noticed the musty odor of the showers in the locker room. As she finished changing, she did not notice the smell. This is probably the result of:

Answers

Answer:

The correct answer is sensory adaptation.

Explanation:

Sensory adaptation is the adjustment of sensory capacity that follows prolonged exposure to stimuli.

The environmental stimuli cause a change in the sensitivity of the sensory receptors, depending on the type of environmental stimulus so the given receptor will be stimulated.

Adaptation occurs when the person gets used to a stimulus and changes their frame of reference. Therefore, it does not respond to the stimulus in the same way as it did before.

For example, when you put your hand inside a container with cold water, you will not feel the cold of the beginning soon.

Another very common example is that of smells: people quickly get used to the smells around us and stop feeling them, whether they are pleasant or unpleasant.

Machvile Corporation, a robotics company, decides to acquire Chancera Inc., a start-up company that operates within the same industry. To better assess its decision, the management of Machvile Corporation needs to find out the value of Chancera Inc.'s total assets. The management has information regarding Chancera Inc.'s liabilities and stockholders' equity. In this scenario, the management should most likely use the _____ to get the required information.A. accounting equation
B. profitability index
C. quartic equation
D. liquidity index

Answers

Answer:

The management would most likely use here accounting equation to take out the total assets of the Chancera inc.

Explanation:

Accounting equation which is also termed as balance sheet equation , is a formula which helps in telling about the relationship between total assets, liabilities and shareholders equity of a company. The formula that is used is -

Total assets = Total liabilities + Shareholders equity

So in the question , liabilities and shareholders equity is given in the question, so Machvile corporation can use accounting equation formula to take out the total assets.

Answer: In this scenario, the management should most likely use the accounting equation to get the required information.

Accounting equation is known as the base of the double-entry accounting. It displays a a organization's balance sheet where the entire organization's assets equals the sum of the organization liabilities and also shareholders' equity.

Machvile Corporation management should use the accounting equation to get the required information.

Peter​ Adams, an​ entrepreneur, decided to start a new technology venture. As he needed servers and computers for his​ company, he decided to order these from a local vendor who was offering attractive discounts. In this​ instance, Peter​ ________.A) faces a new task situationB) faces a modified rebuy situationC) is most likely to benefit the most from reverse auctionD) faces the need for product differentiationE) plans to attract customers by offering products at below-market prices

Answers

Answer:

A) faces a new task situation

Explanation:

According to my research on different business processes, I can say that based on the information provided within the question in this instance, Peter is faced with a new task situation. This is when a business needs to buy a product or service for the first time, or for the first time from a specific buyer. Which the latter seems to be the case in this situation since Peter has already bought this product before but never from the local vendor.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

Answer:

A) faces a new task situation

Explanation:

Peter​ Adams, an​ entrepreneur, decided to start a new technology venture. As he needed servers and computers for his​ company, he decided to order these from a local vendor who was offering attractive discounts. In this​ instance, Peter faces a new task situation.

What is shareholders' equity?Cash balances $10,000Inventory of sofas $200,000Store and property $100,000Accounts receivable $22,000Accounts payable $17,000Long-term debt $170,000Classified Balance Sheet:A balance sheet is one of the four financial statements prepared by any firm for a given financial period. A balance sheet shows the financial position of a company at the end of a given financial period. It consists of 3 broad categories, namely, assets, liabilities and shareholders' equity.

Answers

Answer:

Part (a) The shareholders equity is $145,000

Part (b) Option B best describes the balance sheet

Explanation:

Part (a)

Equity can be calculated from the following formula:

Equity = Assets - Liabilities

By putting the values, we have:

Equity = ($10,000 cash + $200,000 Store  + $100,000 Property + $22,000 Accounts receivable) - ($17,000 Accounts payable + $170,000 Long-term debt)

Equity = $332,000 + $ $187,000 = $145,000

Part (b)

The reason is that the balance sheet presents the financial position of the company and financial position means how much the company is worth?, how much it has to pay its debts? and how much it has financed assets from its personal funds (equity and retained earnings). Balance sheets are published at the end of each accounting period. So option b is correct option here.