Dale Crutchfield's checking account had a balance of $1,100.65 at the beginning of the day. He used his debit card to pay the drycleaner $45.68. He also used his debit card to pay $1,345 for a new sofa and table. To cover the purchases, Dale transferred $500 to his checking account from his savings using his bank's ATM. What was the balance of his checking account at the end of the day?


$209.97

Business

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Briefly explain Maslow’s hierarchy of needs.

What will be an ideal response?

Business

Which of the following represents the proper order of financial statement preparation?

a. Statement of cash flows, balance sheet, income statement, statement of retained earnings b. Statement of retained earnings, income statement, statement of cash flows, balance sheet c. Balance sheet, statement of cash flows, statement of retained earnings, income statement d. Income statement, statement of retained earnings, balance sheet, statement of cash flows

Business

The trade term "________" is used when the seller fulfills his obligations to deliver when the goods have been placed alongside the vessel on the quay or in lighters at the named port of shipment

A. free alongside B. free on board C. free carrier D. common carrier

Business

Tu-thumbs buys a used paint sprayer from the local paint store. The sprayer had a large sign on it which said "AS IS." The dealer made no promises or statements concerning the performance of the paint sprayer. When Tu-thumbs attempts to spray paint his house, the trigger on the sprayer sticks in the "on" position and before Tu-thumbs can pull the electrical cord to cut the power, paint is sprayed

all over his prize Borzoi dog that is scheduled to be shown in a dog show the next day. Tu-thumbs sues the dealership. Who wins? a. Dealer wins; there were no express warranties and all implied warranties have been successfully disclaimed. b. Tu-thumbs wins; he can recover on the basis of express warranties. c. Tu-thumbs wins; he can recover on the basis of the implied warranty of merchantability because the word "merchantability" was not used in the disclaimer. d. Dealer wins; even though there were implied warranties, the damage to the dog could not have been foreseen.

Business