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Akimi4 [234]
3 years ago
6

Club A offers membership for a fee of $ 23 plus a monthly fee of $ 29. Club B offers membership for a fee of $ 27 plus a monthly

fee of $ 27. After how many months will the total cost of each health club be the​ same? What will be the total cost for each​ club?
Business
1 answer:
vaieri [72.5K]3 years ago
8 0

Answer:

The total cost will be the same after 0.5 months.

The total cost for each club will be $40.5.

Explanation:

let x be the number of months

let y be the total cost

For club A: y = $23x + $29

For club B: y = $27x + $27

the total cost will be equal after:

$23x + $29 = $27x + $27

$27 - $23 = $29 - $27

         $4x = $2

x = 0.5 months

Therefore, the total cost will be the same after 0.5 months.

the total cost will be = $23(0.5) + $29 = $40.5

Therefore, the total cost for each club will be $40.5.

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The following information is available to reconcile Branch Company’s book balance of cash with its bank statement cash balance a
Rasek [7]

Answer:

<u>Bank Reconciliation Statement as of July 31, 2017</u>

Balance at Bank as per cash book (up to date)     $35,480

Add Unpresented Cheques :            

No. 3031                                                                      $1,570

No. 3065                                                                        $561

No. 3069                                                                     $2,338

Less Lodgements not yet credited                          ($10,132)

Balance as per Bank Statement                               $29,817

Explanation:

Step 1 Bring the Cash Book (Bank Balance ) up to date

Debit :

Balance as at July 31                                             $25,699

Note Payable                                                           $9,000

Evan Shaw                                                                   $805

Totals                                                                      $35,504

Credit:

Check No. 3056 Understated                                     $10

Bank service charge                                                     $14

Balance (Up to date)                                             $35,480

Totals                                                                      $35,504

Step 2 Prepare a  bank reconciliation for this company

<u>Bank Reconciliation Statement as of July 31, 2017</u>

Balance at Bank as per cash book (up to date)     $35,480

Add Unpresented Cheques :            

No. 3031                                                                      $1,570

No. 3065                                                                        $561

No. 3069                                                                     $2,338

Less Lodgements not yet credited                          ($10,132)

Balance as per Bank Statement                               $29,817

4 0
3 years ago
If a firm has a cash cycle of 30 days and an operating cycle of 64 days, what is its average payment period
elixir [45]

Answer: 34 days

Explanation:

The average payment period is a measure that is used to show the time the firm takes on average to pay its creditors.

The formula is:

Cash cycle = Operating cycle - Average payment period

30 = 64 - APP

APP + 30 = 64

APP = 64 - 30

APP = 34 days

5 0
3 years ago
Though the profits accrue to the local capitalists, a system of nationally controlled production still depends on __________.
Alex787 [66]
Foreign markets. because the cycle still depends on it
3 0
3 years ago
The 151 member governments of the World Bank are expected to increase the bank's funding by $75 billion, though some United Stat
Sonja [21]

Answer:

The correct option is option C from the below options.

Explanation:

As the question was not complete, the complete question is found online and is attached here with.

Also the options are not given which are as below:

(A) an obstacle to Congressional passage being the concern

(B) a concern as an obstacle to Congressional passage

(C) as an obstacle to Congressional passage the concern

(D) the concern, an obstacle to Congressional passage,

(E) as an obstacle for Congress to pass it the concern

Option A is incorrect as it is not an obstacle.

Option B is incorrect as it is not a concern to an obstacle

Option C is correct as the issue is acting as an obstacle.

Option D is incorrect as the two phrases are not being related.

Option E is incorrect as the concern and obstacle are not correlated.

6 0
3 years ago
Which factor places this nation in the transitioning<br> category?
lys-0071 [83]

Answer: B. It is shifting from a planned to a free-market economy.

Explanation:

5 0
3 years ago
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