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2 years ago

Rainey Company's true cash balance at October 31 is $5,710. The following information is available for the bank reconciliation:

Business

1 answer:

photoshop1234 [79]2 years ago

3 0

Answer:

$5,400

Explanation:

We are given the cash balance per books and we are told to determine the cash balance per bank. The following formula is used to calculate the cash balance per book:

cash balance per books = cash balance per bank + notes receivable collected by bank - bank service charge - NSF check

$5,710 = cash balance per bank + $1,000 - $90 - $600

cash balance per bank = $5,710 + $90 + $600 - $1,000 = $5,400

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In the above situation, the potential costs that may be derived will be,

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Therefore, the options B, C and D holds true and states regarding the significance of potential costs.

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Answer:

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Laramie Labs uses a risk-adjustment when evaluating projects of different risk. Its overall (composite) WACC is 10%, which refle

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Laramie Labs uses a risk-adjustment when evaluating projects of different risk. Its overall (composite) WACC is 10%, which reflects the cost of capital for its average asset. Its assets vary widely in risk, and Laramie evaluates low-risk projects with a WACC of 8%, average-risk projects at 10%, and high-risk projects at 12%. The company is considering the following projects:

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C High 11%

D Low 9%

E Low 6%

Required:

Which set of projects would maximize shareholder wealth?

A and B.
A, B, and C.
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