BUSINESS HIGH SCHOOL

A large portion of any depositor's money is insured by the federal government in a bank or in a credit union.

Answers

Answer 1
Answer: If the bank or credit union is apart of the Federal Deposit Insurance Corporation then yes.

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By law, people who file for bankruptcya. must get credit counseling before they file. b. don't have to pay any of their bills. c. finish the process with a clean credit record. d. usually can receive new credit easily after the proceedings
Select the correct answer.What should you do when you have multiple goals that conflict with each other? A. avoid all conflicting goals altogether B. prioritize and restructure your goals C. engage in just one of the conflicting goals D. attain the more profitable goals first
True or false? Almost every phase of business and economic activity falls under some form of government regulation.
Suppose a firm has 68 million shares of common stock outstanding and eight candidates are up for election to six seats on the board of directors. a. If the firm uses cumulative voting to elect its board, what is the minimum number of votes needed to ensure election to the board? b. If the firm uses straight voting to elect its board, what is the minimum number of votes needed to ensure election to the board? (For all requirements, enter your answers in dollars, not millions of dollars.) a. Minimum number of votes 58,285,715 b. Minimum number of votes

Best game you like................

Answers

the ouiji board is my favorite game
clash royal is best game

The Fan Cost Index​ (FCI) represents the cost of four​ average-price​ tickets, refreshments, and souvenirs to a sporting event. The FCIs for an independent golf league and an independent hockey league totaled ​$98.69. The hockey FCI was ​$8.45 more than that of golf. What were the FCIs for these​ sports?

Answers

Answer:

The hockey FCI is $53.57 and the golf FCI is 45.12$.

Explanation:

The hockey FCI (HFCI) is $8.45 more expensive than the golf FIC (GFCI). You know that both FICs are in total: $98.69.  

1- Subtract $8.45 from the total of $98.69: $90.24.

2- Split the remaining amount in half: $90.24/2: $45.12.  

3- The HFCI is $45.12 + $8.45: $53.57.

   The GFCI is $45.12.  

If you add both FCIs you should get the total $98.69:

$53.57 + $45.12: $98.69$

The hockey FCI is $53.57 and the golf FCI is 45.12$.

I hope this answer helps you!

What is the main difference in the way that "earned income" and "capital gains (or portfolio income)" are acquired?

Answers

Answer:

Earned income is money you received for a job performed and capital gains are profits from investments.

Explanation:

-Earned income refers to salary, bonuses, commissions, tips that you receive because of a job that you have done from an employer or your business.

-Capital gains  refer to money that you receive because of the sale of a capital asset like stocks or real estate.
Earned income is money earned though your job.
Capital gains is money earned though investment(s).

Powder Room Mess. For $300,000, Willis agrees to build a new home for Robert, who is very picky. Willis builds the home to Robert's specifications with one exception. The faucets and linoleum flooring in an upstairs powder room are not exactly what Robert specified. That was a mistake on Willis's part, but he had not intentionally failed to follow specifications. When Robert sees the powder room, he goes ballistic and tells Willis that he will not pay Willis anything for the house. It will take $300 to put in correct faucets and linoleum. Willis says that he is willing to pay $300 to put Robert in the position he would have been in had the correct faucets and linoleum been used, but that is all he is willing to pay. Which of the following is true regarding whether Willis breached the contract?1) Willis did not breach the contract.
2) Willis materially breached the contract.
3) Willis substantially breached the contract.
4) Willis breached the contract, but the breach was not material.
5) Willis committed an anticipatory breach of the contract.

Answers

Answer:

4) Willis breached the contract, but the breach was not material.

Explanation:

Willis made a mistake when he was installing the floor and faucets in the powder room. But the mistake was not substantial, if you consider that the contract for building the house was worth $300,000 and it costs only $3000 to fix the mistake (that is only a 0.1%).

Under the substantial performance doctrine, we can consider that Willis performed his part of the contract and Robert must pay him for building the house. Substantial performance refers to a situation where a contact is not 100% complete, but almost 100% complete. In this case the contract is 99.9% complete, so Robert cannot use the powder room as an excuse to not pay Willis for his work.

A credit report is a _____.

Answers

Credit Report- is a report detailing a person's financial history specifically related to their ability to repay borrowed money. (I hope I'm not wrong)
your credit report contains your credit history as reported to the credit reporting agency led by leaders who have extended credit to you. The information in your credit  report is also used to generate credit scores 

(hope this is helpful)

Your business uses the allowance method to account for uncollectible receivables. At the beginning of the​ year, Allowance for uncollectible accounts had a credit balance of $ 1 comma 000. During the year you wrote off bad receivables of $ 2 comma 400 and recorded Bad debt expense of $ 2 comma 300. What is your​ year-end balance in Allowance for uncollectible​ accounts?

Answers

Answer: 900

Explanation:

Answer is 900 because if we draw allowance ledger account in statement form i.e

Brought down allowance : 1000

Bad debt expense 2300

Written off receivables (2400)

Balance- year end 900
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