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2 years ago

What is the change due if a $5 bill is tendered for a charge of $4.21?

Business

1 answer:

never [62]2 years ago

3 0

What is the change due if a $5 bill is tendered for a charge of $4.21?

A.0.79

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Tootsie Roll Industries is engaged in the manufacture and sale of candy. Major products include Tootsie Roll, Tootsie Roll Pops,

kolezko [41]

Answer:

Matching the financial statement items to financial statement categories:

Financial Statement Items Financial statement

a. Notes payable to banks Liability (L)

b. General and administrative Expense (E)

c. Accounts payable Liability (L)

d. Dividends payable Liability (L)

e. Retained earnings Shareholders' equity (SE

f. Cash and cash equivalents Asset (A)

g. Accounts receivable Asset (A)

h. Provision for income taxes[1] Expense (E)

i. Cost of goods sold Expense (E)

3 0

2 years ago

Quince Holman Corporation reports: Cash provided by operating activities $250,000 Cash used by investing activities 110,000 Cash

mash [69]

Answer:

Holman's ending cash balance is $350,000.

Explanation:

The Ending Cash Balance can be obtained by Preparing a Cash Flow Statement as follows :

<u>Quince Holman Corporation </u>

<u>Cash Flow Statement</u>

Net Cash from Operating Activities $250,000

Net Cash from Investing Activities ($110,000)

Net Cash from Financing Activities $140,000

Movement during the Year $280,000

Cash and Cash Equivalents at the Beginning of the year $70,000

Cash and Cash Equivalents at the End of the year $350,000

Conclusion :

Holman's ending cash balance is $350,000.

5 0

3 years ago

Mildred and Robert are the only buyers in the market for DVDs. Mildred buys 5 DVDs when the price of a DVD is $6.00 , 4 DVDs w

Nookie1986 [14]

Answer:

increases as the price falls

Explanation:

A. increases as the price rises

B .at $8.00 a DVD is 8 DVDs a month

C. at $6 a DVD is less than the quantity demanded at $8.00 a DVD

D. increases as the price falls

E .at $6.00 a DVD is 4 DVDs a month

According to the law of demand, the higher the price, the lower the quantity demanded and the lower the price, the higher the quantity demanded.

As price decreases, quantity demanded increases

8 0

2 years ago

The risk-free rate is 2.3 percent and the market expected return is 12 percent. What is the expected return of a stock that has

andrew-mc [135]

Answer:

The expected return = 10.739.

Explanation:

Given risk-free rate of return = 2.3 per cent

Market expected return = 12 percent

The value of beta = 0.87

Use the below formula to find the expected return.

The expected return = Risk free rate of return + Beta × (Market expected return - risk free rate of return)

The expected return = 2.3 + 0.87 (12 – 2.3)

The expected return = 10.739

7 0

2 years ago

Why might complaints of age discrimination grow when the economy is slow? companies work very hard to retain their best talent i

siniylev [52]

Companies may try to lower their labor costs by laying off higher paid workers.

Typically the higher paid workers will be professionals who have worked their way up over time and tend to be older, while younger workers fresh out of school and looking for their first jobs will be more willing to take lower salaries.

5 0

2 years ago