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2 years ago

What is the mathematical formula that you would use to describe the financial activity on a bank statement?.

1 answer:

4 0

Ending Balance = Previous Balance + Deposits - Withdrawals is the mathematical formula that you would use to describe the financial activity on a bank statement.

In the Given Formula, the Previous Balance is the amount of money that you had in your bank account on the first date of the bank statement.

The term "Deposits" will include all the money that was deposited into your bank account. The term "Withdrawal" will include all the money that was taken out or withdrawn from your bank account.

At the end of the bank statement, the ending balance is shown which will include the previous balance and the difference between deposits and withdrawals.

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Bethesda Water has an issue of preferred stock outstanding with a coupon rate of 4.20 percent that sells for $90.86 per share. I

natali 33 [55]

Answer:

4.62%

Explanation:

Bethesda had an issue with preferred stock outstanding with a coupon rate of 4.20 %

It is sold at $90.86 per share

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3 years ago

Sharon would make an adjustment entry to __________ to record the $500 her company received from a customer to perform future se

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Answer:

the ending balance of the unearned revenue is $3,225

Explanation:

The computation of the ending balance is shown below:

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= $500 + $2,725

= $3,225

Therefore the ending balance of the unearned revenue is $3,225

The above formula should be applied

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3 years ago

Natalie walks by a bakery, and her first response to the aroma coming from the store is a desire to eat something sweet and deli

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4 years ago

Acton Corporation, which applies manufacturing overhead on the basis of machine-hours, has provided the following data for its m

algol [13]

Answer:

option (b) $69,768

Explanation:

Data provided in question:

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Estimated machine-hours = 1,800

Actual manufacturing overhead = $68,700

Actual machine-hours = 1,710

now,

The predetermined overhead rate = $\frac{\textup{Estimated manufacturing overhead}}{\textup{Estimated machine-hours}}$

The predetermined overhead rate = $\frac{\textup{73,440}}{\textup{1,800}}$

The predetermined overhead rate = $40.8 per hour

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the correct answer is option (b) $69,768

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4 years ago

What are some of the ways in which the government is involved in the economy? what are the advantages and disadvantages of gover

ArbitrLikvidat [17]

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3 years ago