Answer:
$4,083
Explanation:
Preparation of the Adjusted Cash Balance per Books on May 31
Adjusted Cash Balance per Books on May 31
Cash Balance per Books on May 31 $3,457
Add Notes Receivable and Interest Collected by Bank $853
Less Bank Charge for Check Printing ($47)
Less NSF Check ($180)
Adjusted Cash Balance per Books on May 31 $4,083
Therefore the Adjusted Cash Balance per Books on May 31 will be $4,083
Idk never heard of this before
Answer:
a. involve a high degree of trust and confidence.
Explanation:
A fiduciary relationship exist when an individual places responsibilities on the other party, to help him carry out duties or act for the benefit of the party. It is otherwise called a confidential relationship and it requires special trust, confidence and reliance.
When a country can produce a product more cheaply than its trading partners, it is known as: <span>comparative advantage
For example, United States often imported exotic fruits from Brazil. Since Brazil is a tropical country, the cost in producing exotic fruits will be significantly lower compared to growing it in the United States. Therefore, we can say that brazil has a comparative advantage in this product compared to united states.</span>
Answer:
2.64%
Explanation:
A = P(1 + r)^n
A = $12,000
P = $10,000
n = 7 years
12,000 = 10,000(1 + r)^7
(1 + r)^7 = 12,000/10,000 = 1.2
(1 + r)^7 = 1.2
1 + r = (1.2)^1/7
I + r = 1.0264
r = 1.0264 - 1 = 0.0264
r = 0.0264 × 100 = 2.64%
