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Financial Statements

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Geoffrey Herzog

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Are General Expenses a fixed Cost

Some general expenses are fixed, meaning that they are the same amount every month, but many are not. When the expense depends on usage, such as electricity, it will not be fixed, but will vary from month to month.

An example of a fixed general expense would be a monthly retainer or fee paid to an accountant or lawyer. If the expense is the same amount every month, it is called a fixed cost.

How much money does Paula Deen make a month

30 million

Does your driving record keep track of all your tickets and crashes

Yes, that is why it is a record.

Which of these statements is true about Islam

the Muslims aggressively carried the message of Muhammad to other people

Sherry had an ending balance of 125.36 outstanding deposits of 153.53 and outstanding checks of 100.19 What was her checkbook balance

178.70

Reconcile this bank statementEnding Balance 676.23Outstanding Deposits 356.71 Outstanding Checks 321.15

711.79

Can you receive your social security retirement benefit as a check

Yes you can choose to receive your monthly social security check in the mail if that is really what you want to do.

Are home equity loans generally installment loans with a 5-15 year term

Yes, home equity loans are installment loans secured by one's primary resicence and have terms between 5 to 15 years, the most typical of which is 10 years.

Should the checkbook balance be if you have outstanding checks that total 234.56 an ending balance of 508.50 and outstanding deposits of 57.50

331.44 :D

Are garnishments calculated by net pay or gross pay

are garnishments calculated by gross pay or net pay

What is a bank reconciliation template used for

A bank reconciliation template allows the user to reconcile a bank statement with current checking account records. Its especially useful if you find yourself spending lots of time every month reconciling your bank statement.

When was America's Great Depression created

America's Great Depression was created in 1963.

What is another name for the category other

Another name for a category entitled other, is miscellaneous.

Which of the following is a TRUE statement about electronic funds transfer (EFT) and split disbursement

EFT is mandatory; split disbursement must be offered as an option.

The interest rate the fed charges for overnight loans is known as the

discount rate (apex)

Which websites have a simple interest calculator

To calculate your interest, you simply need to multiply the loan amount by the interest rate then divide by the # of payments you will make in a year (ie monthly, biweekly, ect...) To determine what your interest rate will be you need to speak with your lending institution as it varies depending on the type of loan and your credit history.

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Are Morgan Stanley money market checking accounts FDIC insured

Which of these is the best description of delinquency

What is done with the finance charge assessed by a credit card company

This is Paula's monthly budget What percent of her expenses is spent on insurance

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