Answers
Answer:
Net Cash=$390,000
Explanation:
Net Cash provided by financing activities = Increase in bond payable + Issuance of common stock - Payment of cash dividends
Net Cash= $300,000+$180,000-$90,000
Net Cash=$390,000
Net cash also refers to the amount of cash remaining after a transaction has been completed and all associated charges and deductions have been subtracted
Based on the data available, the cash provided by financing activities is $300,000
Cash from financing includes loans and capital related to the financing of the business.
Cash from financing is therefore:
= Increase in bonds payable + Issuance of common stock - Payment of dividends
= 300,000 + 180,000 - 90,000
= $390,000
In conclusion, cash from financing is $390,000
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Related Questions
Initially, the real interest rates in the United States and Japan are equal to 7 percent. The real interest rate in the United States increases to 8 percent while the real interest rate in Japan decreases to 6 percent. How and why will capital flows be affected by this change in real interest rates
Answers
Answer:
There would be a flow of capital from Japan to the United states
Explanation:
Real interest rate is interest rate adjusted for inflation.
If the real interest rate becomes higher in the US compared to Japan, it means that investors would earn a higher return on investment if they invest in the US compared to Japan. Since the aim of most investors is to earn maximum profit, there would be a flow of capital to the US
if this paper takes 2 hours and there are 100 questions in all, what is the average time you should spend on each question?
Answers
State five Features of advertisement
Answers
Answer:
Inform and persuade
Identified sponsor
Sell or promote ideas, goods and services
paid form
non-personal presentation
inform & persuade
identified & sponsor
varied objective s
use of Media
Charging a lower price per unit for purchases of more units is called
Answers
Answer:
quantity discount.
Explanation:
just took the test.
P acquires 80 000 of the ordinary shares by paying cash of M175 000 and issuing one share in P for every two shares acquired on 1 July 20x4. The market value of P’s shares was M1.25 at the 1 July 20X4 and £1.40 at the year end. Extracts from the financial statements of S at 31 December 20X4 are: M Ordinary share capital 100,000 Retained earnings 225,000 The profit after tax for the year ended 31 December 20X4 was M60 000 and no dividends have been paid. Since acquisition S has sold goods to P at M45 000 and at the year-end a quarter of these were unsold with S earning a profit margin of 20%. P had paid a cheque of M45 000 to S just before the year end but S had not received the cheque at the year end. Requirement a) Calculate the goodwill arising on acquisition, using the proportionate method, and discuss the accounting treatment of goodwill in the consolidated financial statements of the P group. [3 marks] b) Calculate the non-controlling interest at 31 December 20X4. [1 mark] c) Prepare consolidation adjustments to reflect the cancellation of intra group balances. [1 mark]
Answers
This question involves accounting for a business combination where company P acquires 80,000 ordinary shares of company S by paying cash and issuing its own shares.
The market value of P's shares is given, and financial information for S is provided to calculate the goodwill arising from the acquisition using the proportionate method, which involves calculating the fair value of net assets acquired and comparing it to the consideration paid.
In part (a), the accounting treatment of goodwill in the consolidated financial statements of the P group is also required. Goodwill is an intangible asset that arises when the consideration paid for an acquisition exceeds the fair value of the identifiable net assets acquired. In consolidated financial statements, goodwill is initially recognized as an asset and subsequently tested for impairment.
The impairment test involves comparing the carrying amount of goodwill to its recoverable amount, which is the higher of its fair value less costs of disposal and its value in use. Any impairment losses are recognized in the income statement.
Part (b) requires calculating the non-controlling interest, which represents the portion of S that is not owned by P. This is calculated by multiplying the post-acquisition profit or loss of S by the non-controlling interest percentage.
Finally, part (c) requires making consolidation adjustments to reflect the cancellation of intra-group balances. This involves eliminating any intra-group balances and transactions between P and S to avoid double counting of assets and liabilities in the consolidated financial statements.
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The following transactions occurred during July:
Received $1,020 cash for services provided to a customer during July.
Received $4,400 cash investment from Bob Johnson, the owner of the business
Received $870 from a customer in partial payment of his account receivable which arose from sales in June.
Provided services to a customer on credit, $495.
Borrowed $7,200 from the bank by signing a promissory note.
Received $1,370 cash from a customer for services to be rendered next year.
What was the amount of revenue for July?
a. $1,020.
b. $3,755.
c. $14,860.
d. $1,515.
e. $2,885
Answers
The amount of revenue for July is $1,515.
The computation of the amount of revenue for July is as follows:= Cash received during July month + provided service to the customer on credit
= $1,020 + $495
= $1,515
Therefore we can conclude that the amount of revenue for July is $1,515.
Hence, option d is correct.
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During March, a firm expects its total sales to be $160,000, its total variable costs to be $95,000, and its total fixed costs to be $25,000. The contribution margin for March is: Multiple Choice
Answers
Answer:
$65,000
Explanation:
contribution margin = total sales revenue - total variable costs = $160,000 - $95,000 = $65,000
if you want to calculate the contribution margin per units, all you need to do is divide the total contribution margin by the total number of units sold.
for example, if total units = 10,000
contribution margin per unit = $65,000 / 10,000 = $6.50
convertible bonds meaning
Answers
Answer:
A convertible Bond is a fixed-income corporate debt security that yield interest payments but also can be converted into a predetermined number of common stock or equity shares
Who manages shoprite
Answers
Answer:
The manager is the person in charge of a business center,(he or she might not be the owner, the owner of the business may appoint someone to be the manager meaning taking care of the situation involving the business etc)
The manager is the person in charge of a ShopRite.Hope this helpsGood luck ✅define bank run in your own words.
Answers
Answer:
A bank run occurs when a large number of customers of a bank or other financial institution withdraw their deposits simultaneously over concerns of the bank's solvency. As more people withdraw their funds, the probability of default increases, prompting more people to withdraw their deposits.
Which Airlines lounges are the best ?
Answers
Reason:
Air France’s first class is the whole package. Not only does Air France offer one of the world’s best first class inflight products, but the carrier’s ground experience in Paris is equally impressive.
If you’re connecting in Paris, you’ll be picked up at your plane and driven to the first class lounge, and then later on will be driven from the first class lounge to your connecting flight.
There’s so much to love about the Air France first class lounge, though my favorite thing is probably the restaurant, which has an Alain Ducasse menu. In my experience it’s the best food offered in any airline lounge in the world. It’s not just that the food quality is excellent, but the service and presentation are equally good.
Hopefully this helps!
Answer:
Air France La Première Lounge, Paris is the first best Airline lounge in the World.
Explanation:
The Air France La Première Lounge gives its customer one of the fashionable flying experiences in the world, as it includes freshening up the cozy cocktail bar to be brighter and more inviting, adding semi-private relaxation areas and installing new pieces of art.
In addition to having one of the best first class inflight experiences available, Air France also provides an outstanding ground experience in Paris. Best food is also offered at the restaurant there.
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many state legislators have decided to take on crime and other forms of delinquency in schools through zero tolerance policies. They believe that
dentifying and removing disruptive or poorly performing students will improve the overall quality of the school. What does this argument fail to
address?
A. It ignores the fact that the problem can only be solved at an individual level.
B. It is a person-blame
approach that ignores the role of institutions.
C. This kind of policy fairly targets all students who struggle academically.
D.There is no way to be sure what motivates a student to commit violent acts.
Answers
Answer:
It is a person-blame
approach that ignores the role of institutions.
Explanation:
Hope this helps
20 POINTS!
I need help with putting my two weeks in….
Need to sound professional!
I am currently an intern at a construction office job. I want to say that I have decided to go to esthetician school but appreciate being able to work here as a intern and learn a lot of things these last 6 months.
Thank you!!
Answers
1. By giving yourself a safety cushion on all sides of the vehicle you improve your ability to? 1. stop 2. maneuver 3. think 4. all of the above
Answers
Answer: 4
Explanation: All of the above
If Emmett wants to pay off his student loan by making monthly payments
for 10 years, what type of repayment plan is best for him?
Standard repayment plan
O Extended repayment plan
O Income-driven repayment plan
O Graduated repayment plan
-Submit
Answers
Answer:
income driven
Explanation:
if he wants to make monthly payments, income driven is the best option because he would get paid monthly for what ever job, and then pay a percentage of that towards his student loan
Which of these might be an example of an advertiser's target group?
Answers
The example of an advertiser's target group is B.people the advertisers know nothing about.
What is advertiser's target group?The target audience an be desribed as the specific group of consumers that is in the position whereby they are the most likely to want the product or service, ther is been advertised and they can be considered as the people who should see the ad campaigns.
Ity shouldbe noted that the Target audience can be seen by using the gender, income, location, as well as interests and age which could depend on the product that is been advertised to them them.
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missing options;
A.People who have no access to media
B.people the advertisers know nothing about
C. People who watch a variety of TV shows
D. People who live in the same region of the country
What will produce more accurate results when giving a survey?
A. Using the word "frequently" in a question
B. Creating face-to-face interviews
C. Adding boxes to check for answers
D. Creating an open questions
Answers
Answer:
Option B; Creating face-to-face interviews
Explanation:
Research has shown that face-to-face interviews tend to produce more accurate results when giving a survey. So the correct answer is option B.
Information for Rafael Corp. is given in BE8.8. Suppose the accountant for Rafael Corp. uses normal-absorption costing and uses the budgeted volume of 50,000 units to allocate the fixed overhead rather than the actual production volume of 40,000 units. The company expenses production volume variance to cost of goods sold in the accounting period in which it occurs. (a) Calculate the manufacturing cost per unit and prepare a normal-absorption-costing income statement for the first year of operation. (b) Reconcile the difference in net income between the variable-costing and normal-absorption-costing methods.
Answers
This difference can be reconciled by the production volume variance of $60,000, as the total difference is equal to the production volume variance multiplied by two ($60,000 x 2 = $120,000).
What is volume ?Volume is the measure of the amount of three-dimensional space occupied by an object. It is typically measured in cubic units, such as cubic meters or cubic centimeters. Volume can also be expressed as the amount of space an object takes up, such as gallons, quarts, or liters.
(a) Manufacturing Cost per Unit:
Direct materials: $3.00
Direct labor: $4.00
Variable overhead: $2.40
Fixed overhead: $6.00
Total Manufacturing Cost per Unit: $15.40
Normal-Absorption-Costing Income Statement:
Sales (50,000 units) $750,000
Less: Cost of Goods Sold
Direct materials $150,000
Direct labor $200,000
Variable overhead $120,000
Fixed overhead $300,000
Total Cost of Goods Sold $770,000
Gross Loss $(20,000)
Less: Operating Expenses
Selling expenses $50,000
Administrative expenses $60,000
Total Operating Expenses $110,000
Net Loss $(130,000)
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In 2020, a company receives advance payments from its customers. The company will deliver the products in 2021. At the end of 2020, the company will __________ related to this transaction (enter 1, 2, 3, or 4 that represents the correct answer).
1. record a deferred tax asset
2. record a deferred tax liability
3. have a permanent difference
4. report no difference between financial income and taxable income for 2020.
Answers
Answer:
In 2020, a company receives advance payments from its customers. The company will deliver the products in 2021. At the end of 2020, the company will ____1______ related to this transaction (enter 1, 2, 3, or 4 that represents the correct answer).
1. record a deferred tax asset
Explanation:
For having paid income tax in 2020 on the cash received for deferred revenue, the company will record a deferred tax asset. This deferred tax asset will then be offset in 2021 when the sales revenue will be recorded according to the financial income accounting. Deferred tax asset arises from the overpayment or advance payment of taxes. The opposite of a deferred tax asset is called a deferred tax liability, representing income tax owed, which will be settled in the coming years.
Armada Company has these comparative balance sheet data:
ARMADA COMPANY
Balance Sheets
December 31,
2017 2016
Cash $ 40,000 $ 30,000
Accounts receivable (net) 65,000 60,000
Inventory 60,000 50,000
Plant assets (net) 185,000 180,000
$350,000 $320,000
Accounts payable $ 50,000 $ 60,000
Mortgage payable (15%, due in 15 years) 100,000 100,000
Common stock, $10 par 140,000 120,000
Retained earnings 60,000 40,000
$350,000 $320,000
Additional information for 2017:
1. Net income was $25,000.
2. Sales on account were $450,000. Sales returns and allowances amounted to $25,000.
3. Cost of goods sold was $275,000.
4. Net cash provided by operating activities was $49,000.
5. Capital expenditures were $23,000, and cash dividends were $18,000.
Instructions
Compute the following ratios at December 31, 2017.
(a) Current. (e) Days in inventory
(b) Accounts receivable turnover. (f) Free cash flow.
(c) Average collection period.
(d) Inventory turnover.
Answers
Answer:
a. Current ratio = Current assets/Current liabilities
Current ratio = [40,000+65,000+60,000] / 50,000
Current ratio = 3.3
b. Accounts receivable turnover = Sales / Average account receivable
Accounts receivable turnover = [450,000 - 25,000] / [(65,000+60,000)/2]
Accounts receivable turnover = 425,000 / 62,500
Accounts receivable turnover = 6.80
c. Average collection period = 365 / Accounts receivable turnover
Average collection period = 365 / 6.80
Average collection period = 53.67 days
d. Inventory turnover = Cost of goods sold / Average Inventory
Inventory turnover = 275,000 / [(60,000+50,000)/2]
Inventory turnover = 275,000 / 55,000
Inventory turnover = 5
e. Days in inventory = 365 / Inventory turnover
Days in inventory = 365 / 5
Days in inventory = 73 days
f. Free cash flow = Net cash flow from operating activities - Capital expenditure - Cash dividend
Free cash flow = $49,000 - $23,000 - $18,000
Free cash flow = $8,000
Question Content Area
Flexible Budget for Assembly Department
Steelcase Inc. is one of the largest manufacturers of office furniture in the United States. In Grand Rapids, Michigan, it produces filing cabinets in two departments: Fabrication and Assembly. Assume the following information for the Assembly Department:
Direct labor per filing cabinet 20 minutes
Supervisor salaries $108,000 per month
Depreciation $6,500 per month
Direct labor rate $18 per hour
This information has been collected in the Microsoft Excel Online file. Open the spreadsheet, perform the required analysis, and input your answers in the question below.
Prepare a flexible budget for 4,000, 10,000, and 16,000 filing cabinets for the month of August, similar to Exhibit 5, assuming that inventories are not significant. Enter all amounts as positive numbers
Answers
The preparation of a flexible budget for 4,000, 10,000, and 16,000 filing cabinets for the month of August, for Steelcase Inc. is as follows:
Steelcase Inc.
Assembly Department BudgetMonth ending August 31
4,000 10,000 16,000
Variable costs:
Direct labor $24,000 $60,000 $96,000
Fixed Costs:
Supervisor salaries $108,000 $108,000 $108,000
Depreciation 6,500 6,500 6,500
Total fixed costs $114,500 $114,500 $114,500
Total department costs $138,500 $174,500 $210,500
What is a flexible budget?A flexible budget adjusts the revenue and costs according to the activity level.
A flexible budget is the opposite of a static/planning budget, which does not change in accordance with the activity level.
In preparing a flexible budget, costs and revenues for different activity levels must be shown.
Direct labor per filing cabinet 20 minutes
Supervisor salaries $108,000 per month
Depreciation $6,500 per month
Direct labor rate $18 per hour
Direct labor cost per filing cabinet = $6 ($18/60 x 20)
Direct labor costs at different activity levels:
4,000 units = $24,000 ($6 x 4,000)
10,000 units = $60,000 ($6 x 10,000)
16,000 units = $96,000 ($6 x 16,000)
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You are considering paying $200,000 for an annuity today, and you know you need a yearly cash stream of $10,000 for expenses. What is the minimum annual interest rate (that would create a perpetual cash flow stream) needed for the annuity
Answers
The minimum annual interest rate needed to create the perpetual cash flow stream of $10,000 with a present value of $200,000 is 5%.
What is a perpetuity?A perpetuity is an annuity that continues for ever. To determine the interest rate, we divide the annuity $10,000 by the present value investment of $200,000 and then multiply by 100.
Data and Calculations:Present value of investment = $200,000
Annuity (yearly cash stream) - $10,000
Interest rate = 5% ($10,000/$200,000 x 100).
Thus, the interest rate needed to create the perpetual cash flow stream of $10,000 with a present value of $200,000 is 5%.
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Which situation best illustrates an effect of the law of supply?
A. A car company sells a lot more cars after it lowers its prices.
B. A theater sells more tickets when income rise across a country.
C. A store stocks more phones when it learns that their selling price has gone up.
D. A restaurant increases the number of items on the menu to attract customers.
Answers
The situation best illustrates the effect of the law of supply A store stocks more phones when it learns that its selling price has gone up. Thus teh correct option is C.
What is Supply?Supply is referred to as making the availability of the demanded object in the market. This can be goods, commodities, or currencies as well. If the supply of demanded goods is not fulfilled it reflects scarcity.
According to the law of demand, when a good's price increases, fewer people will buy it. The amount requested for a good will increase as its price declines in the market.
The amount supplied and price fluctuations for a product are related by the law of supply. Unlike the law of demand, the law of supply has a direct relationship.
Therefore, option C is appropriate.
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Which of the following topics should be covered by HAZWOPER training? (Select all that apply.)
SELECT ALL THAT APPLY
Work practices to minimize risks of exposure
Selection and use of personal protective equipment
Emergency response plans
All potential hazards
Answers
Topics that should be covered by HAZWOPER training are-
Work practices to minimize risks of exposureSelection and use of personal protective equipmentEmergency response plansAll potential hazardsWhat is the objecetive of HAZWOPER training?HAZWOPER training aims to provide a hazardous-free, safe and healthy environment to the workers at their workplace while doing dangerous tasks. Thus encouraging better learning, growth, and development.
This training program includes practices at the workplace to minimize the risk of exposure to danger, use of personal protective equipment to ensure safety, development of emergency plans to avoid any big injury, and study of all potential hazards.
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Which nims is management characteristic
Follows established processes for gathering, analyzing, assessing, sharing, and managing data?
Answers
Answer: Information and Intelligence Management
Explanation:
The instructions for the IIM-A case study Irrigation Equipment Limited are as follows:
1. Journalize all the transactions with the narration
2. Post all the Journal Entries to the General Ledger and the Cash Book (create the Cash
Account in a columnar Cash Book that includes the Bank column)
3. Create a Trial Balance
Answers
Answer:
(If you like this answer i would appreciate if u give brainliest but otherwise, i hope this helped ^^)
Explanation:
Out of the provided options, the correct statement regarding barriers to entering an industry is:
Apply only to purely monopolistic industries.
Barriers to entering an industry can be various factors that limit or restrict new firms from entering and competing in the market. These barriers can arise from a variety of sources, including legal, economic, technological, or strategic factors. It is important to note that barriers to entry are not exclusive to purely monopolistic industries; they can exist in various market structures, including oligopoly, monopolistic competition, and even some aspects of perfect competition.
This question asks for basic financial accounting tasks: recording business transactions in a journal, posting these entries into the General Ledger and Cash Book, and compiling these accounts in a Trial Balance to verify their correctness.
Explanation:The subject of this question is Business, specifically
Financial Accounting
. Here is what the instructions are asking you to do:
Journalize all the transactions with the narration: This means you need to record all business transactions of Irrigation Equipment Limited in a journal, which is also called the book of first entry, or daybook. The narration is the explanation of the transaction. Post all the Journal Entries to the General Ledger and the Cash Book: The General Ledger compiles all of the business's financial transactions by account, while the Cash Book is a type of ledger which records cash receipts and payments, including bank deposits and withdrawals. Create a Trial Balance: A Trial Balance is a list of all the General ledger accounts (both revenue and capital) contained in the ledger of a business, to check the mathematical correctness of the entries. Learn more about Financial Accounting here:https://brainly.com/question/33407257
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upply and demand
Question 8 of 10
Which situation would cause the price of a product to fall the most?
A. Both the demand and the supply fall.
B. Both the demand and supply rise.
C. The demand falls while the supply rises.
D. The demand rises while the supply falls.
Answers
The demand falls while the supply rises.
What are the means of calling for and delivery?The wide variety of goods and services which can be available for people to shop for in comparison to the variety of products and offerings that humans need to shop for If less of a product than the public wishes is produced, the law of delivery and demand says that extra may be charged for the product.
what is the relationship between demand and supply?it's an essential monetary principle that when supply exceeds demand for a very good or service, charges fall. whilst demand exceeds supply, fees tend to upward thrust. there is an inverse relationship between the delivery and prices of products and offerings while the call for is unchanged.
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If the changes in sales between May and June continue at the same rate, what will be the percent change in total computer sales from June to July? (Round your answer to the nearest tenth.)
a.
17.1%
b.
20.7%
c.
34.0%
d.
43.2%
Answers
Answer:
A. 17.1%
Explanation:
Mrs. Harriett age 62, has the following receipts, accruals and expenses for the 2023
year of assessment:
Income R
Salary per month R18 000
Bonus for the year R22 000
Interest per annum from a local bank R23 000
Foreign interest R56 000
Dividends per annum from a South African Company R120 000
Foreign dividends per annum R45 000
Rental income per month R12 000
Gifts from friends on his 62nd birthday R3 700
Trade income from a part time business R180 000
Uniform allowance per annum R9 000
Annuity from a trust per annum R26 000
Commission per annum from a part time job R80 000
Inheritance of a building (market value) (Note 1) R550 000
Royalty from a book per annum R60 000
Foreign pension R120 000
Proceeds from the sale of a farm (Note 2) R600 000
War and disability pension (Note 3) R150 000
Restraint of trade receipt R350 000
Know-how receipt for her employer R120 000
Expenses:
Trade expense R22 000
Rental expense R19 000
Fees expenses for her children R19 000
Food and electricity expense for her household R4 500
Salaries/wages for her employee at the part-time business R60 000
Notes:
2
1) During the year, she inherited a building from her late Uncle. His Uncle started
in the Will that this building should never be sold by any member of the family.
2) Mrs. Harriett acquired this farm in 2008 at a cost of R200 000. She then sold
this farm during the 2019 year of assessment for the amount mentioned above.
3) Mrs. Harriett had been a member of the SANDF, she left the organization due
to an injury she sustained during war confrontation with Namibian Air Force.
Required:
You are required; to calculate the tax payable by Mrs. Harriett Norway for the
2023 year of assessment.
2023 tax year (1 March 2022 – 28 February 2023)
Answers
Tax payable by Mrs. Hariett for the given years are -
0% on the first R100,000
10% on the portion between R100,001 and R500,000
20% on the portion between R500,001 and R1,000,000
To calculate the tax payable by Mrs. Harriett for the 2023 year of assessment, we need to consider her various sources of income, expenses, and deductions. Please note that I will provide an estimation of the tax payable based on general tax rules. Actual tax calculations may vary depending on the specific tax laws and regulations of the country in question.
Here's a breakdown of Mrs. Harriett's income, expenses, and deductions:
Income:
Salary per month: R18,000 x 12 = R216,000
Bonus for the year: R22,000
Interest per annum from a local bank: R23,000
Foreign interest: R56,000
Dividends per annum from a South African Company: R120,000
Foreign dividends per annum: R45,000
Rental income per month: R12,000 x 12 = R144,000
Gifts from friends on her 62nd birthday: R3,700
Trade income from a part-time business: R180,000
Uniform allowance per annum: R9,000
Annuity from a trust per annum: R26,000
Commission per annum from a part-time job: R80,000
Inheritance of a building (market value): R550,000
Royalty from a book per annum: R60,000
Foreign pension: R120,000
Proceeds from the sale of a farm: R600,000
War and disability pension: R150,000
Restraint of trade receipt: R350,000
Know-how receipt for her employer: R120,000
Expenses:
Trade expense: R22,000
Rental expense: R19,000
Fees expenses for her children: R19,000
Food and electricity expense for her household: R4,500
Salaries/wages for her employee at the part-time business: R60,000
Deductions:
Medical expenses (if applicable)
Retirement annuity contributions (if applicable)
Now, let's calculate the taxable income and the tax payable based on the tax rates applicable for the 2023 tax year in Norway. Please note that I will assume the tax rates based on general knowledge and not specific to Norway's tax rates.
Calculate the taxable income:
Total Income: R216,000 + R22,000 + R23,000 + R56,000 + R120,000 + R45,000 + R144,000 + R3,700 + R180,000 + R9,000 + R26,000 + R80,000 + R550,000 + R60,000 + R120,000 + R600,000 + R150,000 + R350,000 + R120,000 = R3,260,700
Total Expenses: R22,000 + R19,000 + R19,000 + R4,500 + R60,000 = R124,500
Taxable Income: R3,260,700 - R124,500 = R3,136,200
Apply the applicable tax rates to the taxable income:
Based on the assumed tax rates, let's assume a progressive tax structure with the following tax brackets and rates:
0% on the first R100,000
10% on the portion between R100,001 and R500,000
20% on the portion between R500,001 and R1,000,000
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Which of the following is the most
"liquid" asset?
A. currency
B. checking accounts
C. certificate of deposits
Answers
Answer:
A. currency
Explanation:
Answer:
a
Explanation: