1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
zhenek [66]
4 years ago
15

Bess wrote four checks last month, and these were the only transactions for her checking account. According to her check registe

r, her balance is $869.96, but the bank statement she just received says her balance is $1054.13. If the four checks were for $175.17, $175.53, $175.35, $184.34, the check for which amount has not yet cleared?
Business
2 answers:
GenaCL600 [577]4 years ago
5 0

Answer:

The correct anwser is $184.17 JUST DID IT ON APEX this is the right answer

Explanation:

Wittaler [7]4 years ago
3 0

Answer: $184.34 

Bess issued four  checks with amounts $175.17, $175.53, $175.35,and $184.34. With the total amount she issued, she expected her balance based on her cash register to be $869.96, but as per bank statement, her balance is $1054.13.

To get the amount of check which is not cleared yet, we have to deduct the balance in the cash check register from that of the bank statement:

$1054.13-$869.96 =184.17

$184.34 is the best answer because it is the last he wrote and the discrepancy of 0.17 may be due to some bank charges Bess had not recorded.

You might be interested in
You manage a portfolio worth $13.8 million, currently all invested in equities, and believe that the market is on the verge of a
antiseptic1488 [7]

Answer:

1. According to the given data, he should be short the index contracts. In the event of stock value falling, he gets future profits to offset the loss from the falling price of the equity

2. You should enter into 42 contracts

3. You should enter into 21 contracts

Explanation:

1. According to the given data, he should be short the index contracts. In the event of stock value falling, he gets future profits to offset the loss from the falling price of the equity.

2. To calculate how many contracts should you enter, first we need to calculate the number of contracts required to hedge the portofolio as follows:

number of contracts required to hedge the portofolio as follows=$250×1,286

number of contracts required to hedge the portofolio as follows=$321,500

Therefore, number of contracts to hedge= portfolio worth/Each contract worth

number of contracts to hedge=$13.800.000/$321,500

number of contracts to hedge=42

You should enter into 42 contracts

3. If you decide to reduce portfolio beta to 0.5 the index futures contracts should you enter into is calculated as follows:

number of contracts to hedge= (portfolio worth/Each contract worth)×beta

number of contracts to hedge=($13.800.000/$321,500)×0.5

number of contracts to hedge=21

You should enter into 21 contracts

5 0
3 years ago
Presented below is information related to Bobby Engram Company.
Natasha_Volkova [10]

Answer:

A. $ 98,210

B1. Cost to retail percentage 60%

B2. Cost to retail percentage 65.73 %

B3. Cost to retail percentage 58 %

B4. Cost to retail percentage 63.33 %

Explanation:

A. Computation for the ending inventory at retail

Inventory at Retail

Beginning Inventory $ 100,000

Purchase ( Net ) $ 200,000

Net Markup $ 10345

Less Net Markdown ($26,135)

Less Sales Revenue ($ 186,000)

Ending Inventory $ 98,210

Therefore the ending inventory at retail will be $ 98,210

B1) Computation for a cost-to-retail percentage

Excluding both markups and markdowns.

Cost to Retail Percentage

Excluding both Markup and Markdown

Cost Retail

Beginning Inventory $ 58,000 $ 100,000

Purchase (Net) $ 122,000 $ 200,000

Total $ 180,000 $ 300,000

Cost to retail percentage = $180,000/$300,000 Cost to retail percentage = 60%

B2. Computation for a cost-to-retail percentage Excluding Markups but Including Markdown

Cost Retail

Beginning Inventory $ 58,000 $ 100,000

Purchase (Net) $ 122,000 $ 200,000

Less Mark down ($ 26,135)

Total $ 180,000 $273,865

Cost to retail percentage= $180,000 /$ 273,865*100

Cost to retail percentage= 65.73 %

B3. Computation for a cost-to-retail percentage Excluding Markdowns but including Markups

Cost Retail

Beginning Inventory $ 58,000 $ 100,000

Purchase Net $ 122,000 $ 200,000

Add Net Markups $ 10,345

Total $180,000 $ 310,345

Cost to retail percentage = $180,000 / $ 310,345*100

Cost to retail percentage = 58 %

B4. Computation for a cost-to-retail percentage Including both Markups and Markdown

Cost Retail

Beginning Inventory $58,000 $100,000

Purchase Net $ 122,000 $ 200,000

Net Markups $ 10,345

Less Net Mardown ($26,135)

Total $ 180,000 $ 284,210

Cost to retail percentage = $ 180,000/ $ 284,210 × 100

Cost to retail percentage = 63.33 %

Therefore the cost-to-retail percentage are:

B1. Cost to retail percentage 60%

B2. Cost to retail percentage 65.73 %

B3. Cost to retail percentage 58 %

B4. Cost to retail percentage 63.33 %

8 0
3 years ago
Which one of these statements is correct? Multiple Choice All allocated costs should be included in the initial cost of a projec
VashaNatasha [74]

Answer:

Option D Costs incurred prior to deciding whether or not to produce a new product are sunk costs.

Explanation:

Option A The allocated costs might include fixed costs and are not relevant, so must not be included in the project appraisal.

Option B Sunk costs are not relevants costs and must not be included in the cost of the project. So this statement is also incorrect.

Option C Synergy occurs due to increase in the revenue and decrease in costs due to parenting strategy of the parent company.

The reason is that it is the definition of the sunk cost and is correctly stated in the option D. So the option D is correct here.

4 0
3 years ago
Which of the following is not a proven strategy for reducing thinking errors in the workplace?A. Use of evidence and information
aksik [14]

Answer: Management memos and policies.

Explanation:

Management memos and policies sometimes may seem unfair or tedious to the employees when they may not actually be that way in reality, which is a form of thinking error.

Thinking error is a wrong pattern of interpreting things/events by an individual which in most cases turns out not to be true.

To avoid thinking errors information and motives should be passed across in a more clearer manner.

7 0
3 years ago
1. Rank the following assets from the lowest level to the highest level of
Korolek [52]

Answer:

Explanation:

Of transaction cost

b. a share of a highly diversified mutual fund, which can be quickly sold

c. a share of the family business, which can be sold only if you find a buyer and all other family members agree to the sale

a. a bank deposit with a guaranteed interest rate

RISK

c. a share of the family business, which can be sold only if you find a buyer and all other family members agree to the sale

b. a share of a highly diversified mutual fund, which can be quickly sold

a. a bank deposit with a guaranteed interest rate

LIQUIDITY

a. a bank deposit with a guaranteed interest rate

b. a share of a highly diversified mutual fund, which can be quickly sold

c. a share of the family business, which can be sold only if you find a buyer and all other family members agree to the sale

7 0
3 years ago
Other questions:
  • What is the purpose of total quality management, defined as the principle that every member of staff must be committed to mainta
    15·1 answer
  • Dinero bank offers you a five-year loan for $58,000 at an annual interest rate of 6.25 percent. what will your annual loan payme
    9·1 answer
  • The country of Cedarland does not trade with any other country. Its GDP is $17 billion. Its government purchases $5 billion wort
    6·1 answer
  • Use the following information to answer the question: Cost of car: $26,000 Residual value: $6,000 Life: 5 years Using the given
    13·1 answer
  • Barbara allows her comprehensive major medical plan to lapse. If her policy is reinstated on March 20th and she contracts mononu
    7·1 answer
  • Theo Chocolate's early strategy to have a competitive advantage over other chocolate manufacturers involved: a.manufacturing mai
    11·1 answer
  • A proximity sensor attached to the tip of an endoscope could reduce risks during eye surgery by alerting surgeons to the locatio
    8·1 answer
  • 2. What are mortgage brokers?
    13·1 answer
  • Which of the following would provide you with information about the health of the U.S. economy: *
    14·1 answer
  • With ______, an organization can parcel out the entire complex work effort to be performed by specialists, which results in grea
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!