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user100 [1]
3 years ago
5

The price co.'s books showed a cash balance of 3,420.00 at the end of September. A comparison of the September 30 bank statement

to the company's check register revealed the following
Business
1 answer:
SVEN [57.7K]3 years ago
4 0
If these are the missing details:
<span>checks in the amount of $516.88 were still outstanding,
a deposit for $453.13 had not been credited,
monthly service charges were $16.00,
and a check in the amount of $104.65 had been returned NSF.
What was the reconciled cash balance of Price Co.?
</span>
Ending book balance:  $ 3,420.00
Add back: O/S check:       516.88     This has not yet been encashed or deposited by bearer
Deduct: deposit               (453.13)   This has not yet been credited in the bank
Deduct: monthly svc         (16.00)   Deducted by the bank not in the books
Deduct: check deposit <u>   (104.65) </u>  NSF recorded by the bank. This is still collectible from maker
Reconciled cash bal.    3,363.10

NSF stands for no sufficient funds. If the company receives the check and deposits it to their account, it will be recorded as collected and earned. So the cash balance will be increased by 104.65. However, because the check is NSF, it means that the check is not good and the receivable has not been paid. Thus, the company has to deduct the amount from their books and collect from the customer the amount they deduct. 

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Edwin is the HR manager at a customer care unit with approximately 1,000 employees. He wants to statistically analyze the servic
Gre4nikov [31]

Full Question:

Edwin is the HR manager at a customer care unit with approximately 1,000 employees. He wants to statistically analyze the service data to make the recruitment process more effective by identifying desirable and undesirable qualities of employees. Edwin observes a high positive correlation between the employees' ability to adapt and the turnaround time. However, he decides to avoid using this criterion when recruiting employees. Which of the following, if true, would MOST strengthen this decision to avoid the criterion

A) The statistical significance of the correlation was found to be sixty percent.

B) Another trait, honesty, had a higher correlation coefficient than employees' ability to adapt.

C) The sample size used by Edwin was significantly larger than what was required.

D) Multiple regressions were observed among the variables used for the analysis.

Answer:

The correct answer here is A)

Explanation:

The key to decision making using statistical research is <em>Statistical Significance.  </em>This means that a statistically significant observation is probably true. In this case, the statistical significance of his findings is 60%.

Cheers!

7 0
3 years ago
A government worker surveys a number of households and comes up with the following information: there were a total of 90 people
viktelen [127]

Answer:

27%

Explanation:

Number of Persons in the Household = 90

<u>Neither Employed Nor Unemployed</u>

  • Children Under 16 =10
  • Disabled = 5
  • Retired =10
  • Stay at Home Parents = 5
  • Full Time Students over the age of 16= 5

Total =35

<u>Unemployed</u>

  • 10 people had no job but were looking for jobs
  • 5 people who wanted a job but were not looking for a job.
  • Total =15

<u>Employed</u>

  • 35 people had full-time jobs
  • 5 had part-time jobs

Total =35+5=40

Total Labour Force = Unemployed +Employed = 40+15 =55

Unemployment Rate = (Unemployed People / Total Labor) x 100

=15/55 X 100

=27%

According to the information in the survey, the unemployment rate is: 27%

6 0
3 years ago
What is meant by taking the stand? Choose all that apply.
amm1812
I think it’s 3 and 4 as the answer.
8 0
3 years ago
Read 2 more answers
The management team at electronics galaxy is evaluating whether or not to have sales staff wear uniforms on the showroom floor.
Delicious77 [7]

Answer:

b. Uniforms can help customers identify members of the sales staff

Explanation:

When evaluating whether or not to have sales staff wear uniforms on the showroom floor. What the electronics galaxy should consider about wearing uniforms is that "Uniforms can help customers identify members of the sales staff."

As customers come in to buy their products, they can quickly know the sales staff, and approach them to describe the type of. the product they came for and eventually buy the product if satisfied.

6 0
3 years ago
I'm 16, and i'm trying to job shadow a cop in Indianapolis, Indiana. And I don't have much any idea on how to start, any though?
Angelina_Jolie [31]
Start with a resume and if you have any previous jobs should be listed to your interviewer (things such as lawn mowing or babysitting counts). If here is a department of labor in your area then you should contact them and they will help you find a job ( It's part of their job to help people find a job anyways).
6 0
3 years ago
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