Either way, there will be an overdraft. the beginning balance is $20 add to it $50 and the total balance is $70. When the two checks totaling $75 are posted to the account, The account will be in the negative whether the checks post before or after the deposit. Before the deposit, the account will be overdrafted $55 if the checks post after the deposit, there will be an overdraft of $5. So, the answer to both questions is yes.
The two career pathways that imogene is best suited for is: National Security and Governance.
<h3>What is National Security and Governance?</h3>
National Security and Governance can be defined as the ability of a person to help and defend their citizenry or others and to as well protect their citizenry.
Based on the scenario given Imogene should go choose National Security and Governance as her career as this will enable her to achieve her goal and to as well make her dream to come to pass.
Therefore The two career pathways that imogene is best suited for is: National Security and Governance.
Learn more about National Security and Governance here:brainly.com/question/25375059
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Answer:
(a) Bank Reconciliation statement:
Bank's cash balance:
= Per bank statement + Deposits outstanding - Checks outstanding
= $22,346 + $1,725 - $1,300
= $22,771
Therefore, bank balance per reconciliation is $22,771.
Company's cash balance:
= Per general ledger - service fees
= $22,810 - $39
= $22,771
Therefore, company balance per reconciliation is $22,771.
(b) Journal entry to adjust balance for cash is as follows:
Bank service charge expense A/c Dr. $39
To Cash A/c $39
(To record bank service charge)
Answer:
The options for this question are the following:
a. Star
b. Cash Cow
c. Question Mark
d. Dog
e. None of these
The correct answer is b. Cash Cow
.
Explanation:
The cash cow is a metaphor for a cash cow that produces milk throughout its life and requires little maintenance. A cash cow is an example of a cash cow, since after the initial capital outlay has been paid, the cow continues to produce milk for many years. These cash generators can also use their money to repurchase shares in the market or pay dividends to shareholders.
A cash cow is a company or business unit in a mature, slow-growing industry. Milk cows have a large market share and require little investment. For example, Apple (NASDAQ: AAPL) is considered a cash cow because it has established a well-defined niche in wireless gadgets. The different Apple product lines generate cash for other business lines at the beginning of their life cycle. On the contrary, a star is a company or business unit that operates in a high-growth industry. Question marks are the problematic son of the BCG shared growth matrix. They operate in high-growth markets and require capital to grow, but the probability of success is unknown. Dogs do not require much cash, but due to age, they tend to absorb large portions of capital.
Answer: Difference = $185,948.5 - $147,285. = $38,663.5
Explanation:
To calculate the future value, you have to use the formula
fv = PA (1 + r/100)ⁿ
where
FV = future value
PA = Present Amount
r = rate
n = number of years
calculating for the future value if you earn a percent of 7.5 =
fv = 5,000 (1 + 0.075) ⁵⁰
fv = 5,000 ( 1.075)⁵⁰
fv = 5,000 (37.1897)
fv = 185,948.5
calculating the Fv when the rate is 7%
fv = 5,000 (1 + 0.070) ⁵⁰
fv = 5,000 ( 1.070)⁵⁰
fv = 5,000 (29.4570)
fv = 147,285
Then find the difference between the Fv when the rate is 7.5 and when the rate is 7
Therefore difference = $185,948.5 - $147,285. = $38,663.5
