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3 years ago

Match the items with the actions necessary to reconcile the bank statement.

Business

2 answers:

Leokris [45]3 years ago

8 0

1. interest credited in bank account -- add to personal

2. fee charged by bank for returned check -- deduct from personal

3. checks issued but not deposited -- deduct from bank

4. deposits yet to be credited -- add to bank

BlackZzzverrR [31]3 years ago

7 0

Answer:

The correct answers are:

1. interest credited in bank account -- add to personal

2. fee charged by bank for returned check -- deduct from personal

3. checks issued but not deposited -- deduct from bank

4. deposits yet to be credited -- add to bank

Explanation:

As they are a credit to the holder, i.e. they add to his bank account, this item is added, i.e. it is added to him by the amount of interest credited.

As the bank is an intermediary payment institution, it adds to its policies the collection of commissions for returned checks, as well as charges you commissions for account maintenance.

When we issue checks and these are not deposited, it often happens that we in our accounting have a lower amount than the bank statement, therefore we have to deduct those values from the statement, as they will surely be deposited later.

When a bank deposit is made this late a time to be accounted in the bank statement, therefore, until this happens we have to add it up as it is a matter of time for it to reflect

Have a nice day!

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Answer:

d. both countries, as whole, will be better off.

Explanation:

When countries leverage on their comparative advantages, they will be better off. In this instance as US has comparative advantage in producing airplanes, it will be more cost effective for them to produce and export to Japan.

So also Japan will find it cheaper to produce televisions and export to the US. Both contries reduce cost by producing goods they have comparative advantage in.

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3 years ago

In the short run a) a firm does not have sufficient time to change any of the resources it uses. b) a firm does not have suffici

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Answer:

c) a firm does not have sufficient time to change the level of use some of its inputs.

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The definition of short-run in economics is not a term to be used for a specific certain period of time but it means that the period of time is too short that the firms cannot change the level they are using of some of their inputs or costs. It means they do have fixed costs they cannot change. For example, all machinery installed, a yearly rent paid, electricity or others that the firm cannot change unless there is sufficient time. In a short period of time, it will have those costs anyway. The firm cannot change the level of that input. And it is short run of at least one input. It may be many. But it is not necessary to have all inputs unchanged to consider that period of time as short-run.

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3 years ago

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Answer:

The correct answer is 35%.

Explanation:

According to the scenario, the computation of the given data are as follows:

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3 years ago

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3 years ago

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Answer:

$291.56

Explanation:

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PV (of D5 onwards) = 280.7519

Next, sum up the PVs to find the maximum price of this stock;

= 2.9825 + 2.7470 + 2.5301 + 2.5523 + 280.7519

= 291.564

Therefore, an investor should pay $291.56

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