0+625=625-275=350+350=700+200=900
hope this helps
Answer:
$13,400
Explanation:
The movement in cash balance over a period is as a result of receipts and disbursements over the period. This may be expressed mathematically as
Opening balance + receipts - disbursements = closing balance
If the company wants to maintain a desired closing balance, the amount to be borrowed would form part of the receipts
$19,200 + receipts - $190,400 = $31,200
Receipts = $190,400 + $31,200 - $19,200
= $202,400
Given Budgeted cash receipts total $189,000 then amount to be borrowed
= $202,400 - $189,000
= $13,400
On January 8th the account was charged $30.00 for an overdraft fee because It was time to pay the monthly account maintenance charge.
<h3>Why bank charges an overdraft fee?</h3>
When a bank's customer don't have enough money to cover a purchase made using a debit card or a cheque, then the bank will charge the overdraft fee. Rather of denying a charge, the bank will pay it and charge a fee.
In the given case, because it was time to pay the monthly account maintenance charge, the account was charged $30.00 for an overdraft fee on January 8th.
Therefore, bank charged overdraft fee as the date of payment comes.
Learn more about the overdraft fee, refer to:
brainly.com/question/1739416
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Answer:
<u><em>Ethical decisions when dealing with businesses and institutions.</em></u>
It is important in many aspects:
1. Judicial aspects: If you take unethical decision, you have to be responsible for the risk of future audits that might discover your unethical behavior and would have to afront charges.
2. Reputational Aspects: In the long run much of your trust is at stake as you might become a felon and would have to work really hard to change that view of yourself within a community.
3. Personal well being: At the end is very important to have peace of mind.
Answer:
The correct answer is option b.
Explanation:
John owns hot dog stands that sell hot dogs in New York City. He employs vendors to sell hot dogs at these stands.
A decrease in the price of hot dogs will reduce the revenue and profits earned by John. So John will hire fewer workers for his stands to reduce costs.
This will cause John's demand for hot dog vendors to decline.
