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2 years ago

Bank customers should reconcile their records frequently with to prevent their checks from .

1 answer:

3 0

Bank customers should reconcile their records frequently with bank statements to prevent their checks from bouncing. They should frequently check the record of their balance in the account and the transactions being made to make sure that th checks they issue will still be valid.

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A flower shop acquired 80 new customers last year. Costs in the marketing and sales areas were the following:

Anna11 [10]

Answer:

$1,215 per customer

Explanation:

Add all costs:

Marketing Costs = $1,200

Sales Costs = $9,000

Salaries = $87,000

Total = $97,200

$97,200 divided by 80 new customers = $1,215 per customer

6 0

1 year ago

What is the present value of the following set of cash flows discounted at 10 per year?

Olegator [25]

The present value of the following set of cash flows discounted at 10 per year $104.18

<h3>What are the 3 kinds of cash flows?</h3>

There are three cash flow types that organizations should track and analyze to resolve the liquidity and solvency of the business: cash flow from operating movements, cash flow from investing activities, and cash flow from financing activities. All three are included on a company's cash flow statement.

<h3>What are cash flows illustrations?</h3>

Cash and cash matches include currency, petty cash, bank accounts, and other highly liquid, short-term assets. Examples of cash matches include saleable paper, Treasury bills, and short-term state bonds with adulthood of three months or less.

To learn more about cash flow, refer

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3 0

1 year ago

Scarcity is a condition that is everywhere and always, since it is based upon two assumptions that reflect permanent universal c

mart [117]

Answer:

The world has limited productive resources

More output satisfies More wants

3 0

2 years ago

An office telephone system cost $32,000.00 with an estimated residual value of $2,000.00. The system has an estimated useful lif

Amanda [17]

Sum of the year's digits is 5 + 4 + 3 + 2 +1 = 15 years.
Depreciation base: 32,000 - 2,000 = 30,000
The depreciation applied in any year is the depreciation base times (number of years remaining divided by 15). The first year has the highest depreciation, and the fifth year has the lowest.
Depreciation:
1st Year: Dep Base x 5/15
2nd Year: Dep Base x 4/15
3rd Year: Dep Base x 3/15
4th Year: Dep Base x 2/15 = 30,000 x 2/15 = 4,000
5th Year: Dep Base x 1/15

Answer is $4,000

6 0

2 years ago

According to the capital asset pricing model, the expected return on a security is: Group of answer choices positively and linea

Delicious77 [7]

Answer:

e. the expected return on a security is positively and linearly related to the security's beta.

Explanation:

As per CAPM: Expected return (ER) = Rf + \beta (Rm - Rf)

Lets assume risk free return (Rf) as 5%, \beta as 2 and expected market return (Rm) as 10%

then, ER = 5% + 2 (10% - 5%) = 15%

However if lets assume all the other factors remain the same and \beta increases to 3

then, ER = 5% + 3 (10% - 5%) = 20%

Similarly if \beta reduces to 1

then, ER = 5% + 1 (10% - 5%) = 10%

So higher the \beta higher is the risk and hence higher the expected return. Hence expected return on a security is positvely and linearly related to the security's beta

5 0

2 years ago

Bank customers should reconcile their records frequently with ________ to prevent their checks from ________.

Bank customers should reconcile their records frequently with to prevent their checks from .