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3 years ago

What are cashiers checks required for

Business

1 answer:

ziro4ka [17]3 years ago

5 0

Cashiers are required for handling cash and scanning an object a customer buys.

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Which of the following statements is true?

marissa [1.9K]

Answer: B) A)

Explanation:

This kind of method, direct write-off method is referring to your question and it is considering a method that is used for recognizing bad debts expenses that are coming from credit sales of someone's account. With this method there is no account that is considering allowance and receivable that is found on someones's account is written-off directly to expense when there is uncollectible account expense.

One of the greatest advantages is simplicity because those companies who are doing this method have to make only two transactions.

5 0

3 years ago

Read 2 more answers

Skysong, Inc. reports the following for the month of June. Units Unit Cost Total Cost June 1 Inventory 250 $5 $ 1,250 12 Purchas

ziro4ka [17]

Answer:

Weighted average unit cost = $8.78

Explanation:

<em>The weighted average method of inventory determines the average cost per unit of inventory each time a new batch is received. or every new batch received the average cost per unit is re-computed by dividing the total value of stock by the outstanding number of units.</em>

The explanation is completed using calculation below:

Total value of stock = (250× $5) + (500×$9) + (375 × 11) = $9,875

Total units of stock = 250 + 500 + 375 = 1,125 units

Weighted average unit cost = Total value of stock / total units of stock

= $9875 / 1125 units = $8.78

Weighted average unit cost = $8.78

5 0

3 years ago

The study of how people choose to use scarce resources to satisfy their wants and needs

NeTakaya

Answer:

Economics

Explanation:

Economics is the study of the activities that individuals and society undertake to satisfy their unlimited wants using scarce resources. Economics involves analysis of the production of goods and services, their distribution and consumption in a country. It involves the study of how individuals, firms, and the government allocates scarce resources to meet the need of society.

Economics is categorized in microeconomics and macroeconomics. Microeconomics concentrates on the key economic indicators such as demand, supply, and income and how they affect an individual, firm, or product. Macroeconomics studies the economic conditions in a country as a whole. It is concerned with issues such as inflation, Unemployment rate, and GDP

5 0

3 years ago

he Wood Valley Dairy makes cheese to supply to stores in its area. The dairy can make 485 pounds of cheese per day (358 days per

Kaylis [27]

Answer :

Minimum total annual cost = $3,321.26

Explanation :

The computation of the minimum total annual cost is shown below:

As per the data given in the question,

Annual demand (D) = 67 × 358 days = 23,986

Setup cost (C) = $290

Production rate (R) = 358 days × 485 = 173,630

Holding cost(H) = $0.92

Economic production quantity(Q) = sqrt((2 × D × C) ÷ H × (1-(D ÷ R)))

= sqrt(((2 × 23,986 × $290) ÷ $0.92 × (1 -(23,986 ÷ 173,630)))

= 4,188.7

= 4,189

Minimum total annual cost is

= (Q ÷ 2) × (1 - D ÷ R) × H + (D ÷ Q) × C

=4,189 ÷ 2 × (1 - (23,986 ÷ 173,630) × $0.92+ (23,986 ÷ 4,189) × 290

= $3,321.26

6 0

3 years ago

Cole Company’s stock currently sells for $20 per share. It just paid dividends of $1.00 per share. The dividend is expected to g

Komok [63]

Answer:

The required rate of return is 11.3%

Explanation:

Required rate of return(ke) = $D_{0}$ x (1+g) / $P_{0}$ + g

= 1 x (1 + 0.06) / 20 + 0.06

= 1 x 0.053 / 20 + 0.06

= 0.113

= 11.3%

3 0

3 years ago