Answer:
a. $4,160.
Explanation:
The bank reconciliation is one done between the balance per the books and balance per the bank statement. This is usually as a result of transactions known as reconciling items.
These are items that have either been recognized in books but yet to be recorded by the bank or vice versa, transactions recorded wrongly by one of the parties etc.
The adjusted cash book balance is one that contains the necessary adjustments to transactions captured in the bank statement but yet to be recorded in the books.
The adjusting items are
- Notes receivable and interest collected by bank 850
- Bank charge for check printing 20
- NSF check 170
Hence the adjusted cash balance
= $3500 + $850 - $20 - $170
= $4,160
Answer:
Land = 65100.001
Building = 238699.999
Equipment = 86799.99
Explanation:
Total Asset Fair Value = Land + Building + Equipment
Total Asset Fair Value = $74,400+$272,800+$99,200
Total Asset Fair Value = $446400
Recorder Amount
Land = $74,400/$446400 * $390,600
Land = 65100.001
Building = $272,800/$446400 * $390,600
Building = 238699.999
Equipment = $99,200/$446400 * $390,600
Equipment = 86799.99
Answer:
a. Equity alliance
Explanation:
Equity alliance -
It is the process , in which one of the company take the equity stake of the other company and vice versa , is referred to as equity alliance .
Due to this , the company becomes shareholder and stakeholder of each other .
The share acquired is the minor one , so that the company still have the power of decision making .
Hence , same case is shown in the question ,where the Moon Star Products Inc.buys the 40 % of the stock of Gold Logistics .
Answer:
d. percentage change in the quantity demanded of one good divided by the percentage change in the price of another good.
Explanation:
Price-demand elasticity measures the demand sensitivity of a good when a change in the price of another good occurs. For example, what happens to the demand for bread when the price of butter varies? This depends on the cross elasticity of demand since these goods tend to be complementary.
The price elasticity of cross demand between two goods is easily calculated by a formula where the numerator is the change in the quantity of a good and the denominator is the percentage change in the price of the complementary good.
If the calculation of elasticity is greater than 1, it means that the amount demanded for bread is sensitive (elastic) to the price of butter and tends to vary sharply. If the result is between 0 and 1, the demand is inelastic, that is, the amount of bread demanded will not change considerably when the price of butter varies. If the calculation is equal to 1, then the demand for bread varies perfectly with the price of butter.
Answer:
The answer is: D) a,b, and c
Explanation:
Significant financial interest (SFI) is anything of monetary value, whether that value can be determined or not, that belongs to: an investigator, the investigator's spouse, or any dependent children.
When an investigator receives funding from the NIH it must complete a Declaration Form including all the SFI acquired or discovered in the past year.
Even if the stock worth only $1, it still has monetary value. The same for the $4000 paid to him for consulting work and the royalties worth $10,000.
