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Fed [463]
3 years ago
5

At july 31, planter company has this bank information: cash balance per bank $7,291, outstanding checks $762, deposits in transi

t $1,350, and a bank service charge $40. determine the adjusted cash balance per bank at july 31.
Business
1 answer:
Cloud [144]3 years ago
8 0
To solve:
Adjusted cash balance = (Cash balance + deposits in transit) - outstanding checks
Cash balance = $7,291
Deposits in transit = $1,350
Outstanding checks = $762

Adjusted cash balance = ($7,291 + $1,350) - $762
Adjusted cash balance = $8,641 - $762
Adjusted cash balance = $7,879
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Fisher Inc. wants to bring radical change to the current skills that exist in the organization, so they are going to employ ____
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2 years ago
Suppose that prices in the United States rise relative to prices in France. We expect that (on the foreign exchange market) the
mixer [17]

Answer:

Decrease , Increase

Explanation:

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4 0
3 years ago
The risk-free rate of return is 2% and the expected return on the market portfolio is 8%. Oklahoma Oilco has a beta of 2.0 and a
solmaris [256]

Answer:

The multiple choices are as follows:

18.6%

14.0%

22.8%

25.0%

The second option is the correct answer,14%

Explanation:

The capital asset pricing asset model formula for computing a firm's cost of equity according to Miller and Modgiliani is given below:

Ke=Rf+Beta*(Mr-Rf)

Rf is the risk free of 2% which is the return expected from zero risk investment such as government treasury bills.

Beta is how risky an investment in a company is compared to similar businesses operating in similar business sector of the company given as 2.0

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3 years ago
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<span>this assumption is false. Liquidity of money refers to the ease with which the owner of an asset can convert it into cash. it is easier to convert common stocks into cash rather than attempt to raise cash from sale or mortgage of real estate assets.</span>
4 0
3 years ago
Read 2 more answers
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