Answer:
$79,039
Explanation:
A Bank Reconciliation Statement is used to determine the true cash balance
<u>Bank Reconciliation Statement as as June 30 </u>
Balance as per Bank Statement $81,500
Add Outstanding Lodgments $3,150
Less Unpresented Checks ($5,611)
Balance as per Cash Book $79,039
Therefore, the true cash balance as of June 30 is $79,039
Answer:
Regardless of whether you are looking through the microeconomics microscope or the macroeconomics telescope, the fundamental subject material of the interconnected economy does not change.
Explanation:
Yes, regardless of whether we are looking through the microeconomics microscope or the macroeconomics telescope, the fundamental subject material of the interconnected economy does not change. Because there is very strong interlink between the elements of an economy and there are interlinked quite perfectly as well. As we have two main parts of an economy which are organisations and households, which have coordination in three different types of markets which are goods and services, labor and financial market. Organisations sell their products to the households. Money taken from household is taken by firms. Organisation needs to have people in order to make their products so the money flows to the labor market simultaneously as well. Organisations put their savings and profits whit the financial institutions and in this way money flows and all of these factors are interlinked with one another.
Answer:
C. This firm is one of a handful of cement manufacturers in a small country. There are barriers to entry due to the necessity of controlling specific resources to make cement.
Explanation:
An oligopoly is defined as a market situation where a few businesses exist in a given market, with none of them having ability to keep others from having significant influence.
A monopoly is when only one supplier exists in a market, a duopoly is when there are 2 suppliers, while an oligopoly is when number of supplier is more than 2.
But the number must be small enough that the actions by one firm significantly affects others.
When a firm is one of a handful of cement manufacturers in a small country, and there are barriers to entry due to the necessity of controlling specific resources to make cement. It is an oligopoly
The correct answer is choice A.
The definition of a rivalrous product is when the consumption of a good or service prevents the simultaneous consumption by another consumer, or reduces the the quantity available for consumption by other consumers. Choice A - your consumption of the product reduces the quantity available for others to consume meets this definition.
Adam has a mortgage balance of $125,000. It's worth $340,000 right now. Adam owns a house worth $215,000.
<h3>What is a mortgage balance? </h3>
A mortgage balance is the total amount payable at any point in the mortgage's term and is made up of the principle balance plus any accumulated interest. The equity in a home is determined using the mortgage balance. The equity in a home is calculated by deducting the mortgage balance from the home's market value. When refinancing, selling your house, or applying for a home equity loan, the first step is typically determining your mortgage balance. To verify your balance and determine the amount of equity you have in your property, the lender will need a copy of your most recent mortgage statement.
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