Princess Cooley

Business

27 December, 01:10

Ben Spender writes a $50 check which is returned by his bank with additional charges. The company he wrote the check to, Art Supply Inc., also charges $20 for returned checks, which of the following represents the amount Ben must have to balance his debts.

+3

Answers (1)

Know the Answer?

Not Sure About the Answer?

Find an answer to your question 👍 “Ben Spender writes a $50 check which is returned by his bank with additional charges. The company he wrote the check to, Art Supply Inc., ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.

Search for Other Answers

You Might be Interested in

Which of the following is considered a low-risk investment? stocks certificates of deposit mutual funds junk certificates

Widmer requires a minimum $15,000 cash balance. If necessary, loans are taken to meet this requirement at a cost of 1% interest per month (paid monthly).

Item 17Item 17 Which of the following best illustrates a dominant-business firm? Multiple Choice Fractal Products is a company whose multiple strategic business units contribute equally to the total corporate revenue. Riva Inc.

Economists refer to the relationship that a higher price leads to a higher quantity supplied as the

George Johnson recently inherited a large sum of money; he wants to use a portion of this money to set up a trust fund for his two children. The trust fund has two investment options: (1) a bond fund and (2) a stock fund.

New Questions in Business

Around which latitude (s) would you expect to find rainforests, and why? (you may enter up to 150 characters.)

An investor would like to invest $60,000 in two stocks from a list of six suggested by a broker. how many investments are possible if the investor wants to invest $50,000 in one stock and the rest in another

Hubbard Kennel uses tenant-days as its measure of activity; an animal housed in the kennel for one day is counted as one tenant-day. During January, the kennel budgeted for 2,100 tenant-days, but its actual level of activity was 2,060 tenant-days.

Explain how to determine gross profit on an income statement by selecting the correct statement below. Cost of goods sold is added to net sales. Cost of goods sold is added to sales discounts. Sales is subtracted from cost of goods sold.

Which of these is a disadvantage of banking with national retail banks