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oksano4ka [1.4K]
2 years ago
10

From the bank reconciliation no entry was recorded for a debit memo for a new check fee expense. this would cause:________

Business
1 answer:
SOVA2 [1]2 years ago
4 0

Answer: expenses to be understated

Explanation:

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Margot and Steve owned several rental properties at the time of their divorce. The divorce decree gave ownership to Margot in re
artcher [175]

The best course of action is to ask Steve to generate quit-claim deeds on the properties. Even though the divorce decree grants ownership to Margot, she can't convey the properties until Steve either produces quit claim deeds OR agrees to convey the properties with her.

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7 0
2 years ago
The law of increasing opportunity costs:_______a. refutes the principle of comparative advantage. b. applies to land-intensive c
Vladimir79 [104]

Answer:

The correct answer is option c.

Explanation:

The law of increasing oportunity costs means that as we go on substituting production of one good for another the opportunity cost of sacrificing the alternative will go on increasing. That is whythe prodcution possibilty curve is concave and bowed outward.

Because of increasing opportunity costs, there is a limit to specialization of antions in production of a commodity. As they go on producing the goods they specialize in, the opportunity cost of giving up the alternative goes on increasing.

5 0
3 years ago
Why is infrastructure a public good
Zepler [3.9K]

Answer:

This is because many goods and services have some or none of the characteristics that define public goods but may offer significant additional benefits beyond their private return  brainliest plz!

6 0
3 years ago
"A corporation has annual sales of​ $18 million, total assets of​ $4 million, a debt ratio of​ 40%, depreciation expense of​ $20
oee [108]

Answer:

$2.4 million

Explanation:

The total assets of the firm are funded by both debt and equity,hence, the total assets is the same as total equity plus total debt based on the accounting equation formula below:

total assets=equity+debt

tota assets=$4 million

equity=unknown

debt can be  derived using the debt ratio as shown thus:

debt ratio=debt/total assets

debt ratio=40%

debt=unknown

total assets=$4 million

40%=debt/$ 4 million

debt=40%*$4 million

debt=$1.6 million

$4 million=equity+$1.6 million

equity=$4 million-$1.6 million

equity =$2.4 million

6 0
2 years ago
The risk-free rate is 3%. MCD currently prices at $25. The Delta of a 1-year at-the-money European call on MCD is 0.5. John has
erica [24]

Answer:

Short 1.5 shares

Explanation:

Given data :

Risk free rate = 3%

current price ( market price ) = $25

Delta of  1-year at money European call on MCD = 0.5

<u>Determine how many shares of MCD John should either Long or short to achieve a delta-neutral </u>

use the relation below

4 * 0.5  + 1 ( 0.5 - 1 )  + x = 0

x ( number of shares ) =  - [ 4 * 0.5  + 1 ( 0.5 - 1 ) ]

                                     = - 1.5 shares

negative ( - ) means MCD should short 1.5 shares

5 0
2 years ago
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