Trade receivables are defined as the amount owed to a business by its customers following the sale of goods or services on credit. Also known as accounts receivable, trade receivables are classified as current assets on the balance sheet. What is the difference between trade and other receivables? What are…
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How do you write a formal letter of payment?
How do I write a letter of payment? What should a late payment letter include? your company name and address. recipient’s name and address. today’s date. a clear reference and/or any account reference numbers. the amount outstanding. original payment due date. a brief explanation that no payment has been received.…
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Which payment type is best if you are trying to stick to a budget Everfi quizlet?
Which payment type is best if you are trying to stick to a budget? If you are trying to stick to a budget, a debit card, cash, or cash-based payment methods are probably the best option. A debit card takes the money right out of your checking account, so you…
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What bank has the best service?
Best banks, credit unions and neobanks: Best overall, best for customer service: U.S. Bank. Best overall, best for cash-back rewards: Upgrade. Best overall, best for ATM availability: Charles Schwab. Best overall, best for overdraft options: Ally Bank. Best overall, best for rates: Alliant Credit Union. Who is the number 1…
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How much is property tax in Illinois?
Residential property owners in Illinois paid 2.05% of the full value of their property in 2020, while those in New Jersey paid 2.21%. How much are house taxes in Illinois? The state of Illinois has the second-highest property taxes in the country. The statewide average effective tax rate is 2.16%,…
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What is a tax advantage savings account?
The term “tax-advantaged” refers to any type of investment, financial account, or savings plan that is either exempt from taxation, tax-deferred, or that offers other types of tax benefits. Examples of tax-advantaged investments are municipal bonds, partnerships, UITs, and annuities. What are two benefits of a tax advantage account? Withdraw…
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When was Eharmony founded?
When did eHarmony com start? 2000 Launched in 2000 by Neil Clark Warren and his son-in-law, Greg Forgatch, eHarmony was different from most dating sites: Rather than allow members to pore through hundreds of profiles, it paired them based on a lengthy compatibility quiz. And, initially, the site only offered…
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How old is Jeff Immelt?
When did Jeff Immelt become CEO of GE? Sept. 10, 2001 Jeff Immelt’s first day as CEO at General Electric was on Sept. 10, 2001. The next day, the terrorist attacks on the World Trade Center and the Pentagon shook the world, the financial markets, and GE’s business. Who replaced…
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When should I hire a security guard?
A well-trained security guard can protect your home effectively if you have a wide-spread property or are away from your home most of the time. They are also effective when there is a prevalent threat to the house or its residents. Why do you need a security guard? In large…
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Why do we have natural monopolies?
A natural monopoly is a type of monopoly that exists typically due to the high start-up costs or powerful economies of scale of conducting a business in a specific industry which can result in significant barriers to entry for potential competitors. Why do natural monopolies exist? In essence natural monopolies…
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How is risk based capital calculated for insurance companies?
The RBC requirement is a statutory minimum level of capital that is based on two factors: 1) an insurance company’s size; and 2) the inherent riskiness of its financial assets and operations. That is, the company must hold capital in proportion to its risk. How do you calculate total risk…
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What are unregistered shares?
Unregistered shares are any form of company stock that does not have an effective registration statement on file with the SEC. What are examples of unregistered securities? Examples include: large capitalization public companies offering investment grade securities to institutional investors worldwide, companies offering investment grade notes to a small group…
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Is economic inequality increasing or decreasing?
Income inequality in the U.S has increased since 1980 and is greater than in peer countries. Income inequality may be measured in a number of ways, but no matter the measure, economic inequality in the U.S. is seen to be on the rise. Is income inequality with a country increasing…
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What did Carol Gilligan propose?
Gilligan proposed that women come to prioritize an “ethics of careethics of careThe ethics of care (alternatively care ethics or EoC) is a normative ethical theory that holds that moral action centers on interpersonal relationships and care or benevolence as a virtue. What is the main focus of Gilligan’s theory?…
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What does it mean to petition to probate will in solemn form?
The Petition to Probate Will in Solemn Form asks the Court to review the Will and determine if the Will is valid, to determine if all of the appropriate parties received notice, and to issue an Order and Letters Testamentary which allow the Executor to administer the deceased’s estate. How…
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How do I file a lien in Los Angeles County?
If you would like to record the mechanics lien yourself, you can do so at the following Los Angeles County Recorder’s Offices: Norwalk- 12400 Imperial Hwy., Norwalk, CA 90650. Lancaster – 44509 16th St. West, Suite 101, Lancaster, CA 93534. LAX / Courthouse – 11701 S. La Cienega Blvd., 6th.…
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How do I use my Voyager Fleet Card?
1 If the gas station has readers located at the pump, you may use your magnetic stripe or EMV Voyager Fleet Card at the pump. If there are no pump card readers, see the attendant inside to process your transaction. 2 Swipe or insert your card at the pump card…
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What does pts mean in banking?
With a Pre-Authorized Transfer Service (PTS) you can automatically transfer funds to your savings account on a schedule that works best for you (daily, weekly or monthly). What does PTS stand for? Post-traumatic Stress PTS is a common, normal, and often adaptive response to experiencing a traumatic or stressful event.…
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What does the Truth in Lending Act require?
The Truth in Lending Act (TILA) protects you against inaccurate and unfair credit billing and credit card practices. It requires lenders to provide you with loan cost information so that you can comparison shop for certain types of loans. What does the Truth in Lending Act Regulation Z requires? The…
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How many standard deviations from the mean is unusual?
two standard deviationstwo standard deviations away from the mean is considered “unusual” data. How many standard deviations from the mean is normal? The empirical rule, also referred to as the three-sigma rule or 68-95-99.7 rule, is a statistical rule which states that for a normal distribution, almost all observed data…