Answer:
$5,275
Explanation:
Bank Reconciliation Statement
Balance as per Cash Book $4,600
Add check error $105
Add unpresented checks $830
Less Lodgments not yet credited ($260)
Balance as per Bank Statement $5,275
therefore,
The adjusted Cash book balance is $5,275
Answer:
a stock crash
Explanation:
Speculation refers to trading high risk securities in an attempt to earn higher than normal returns. Speculators use stock market fluctuations to purchase and sell risky securities, and when it is aired with buying on the margin the risk increases by the margin amount. Speculators profit from abrupt changes in security prices, and sometimes will artificially increase the price of securities (i.e. a stock market bubble).
Consumer confidence is vital for an economy's health and when it falls, the first place that takes notice of it is the stock market. A decrease in consumer confidence means less private consumption which inevitably results in an economic recession.
When both factors meet, over speculation and a decrease in consumer confidence, the result is the bursting of the stock market bubble and a sharp decrease in prices.
Answer:
8%
Explanation:
The formula to compute the cost of common equity under the DCF method is shown below:
= Current year dividend ÷ price + Growth rate
where,
Current year dividend is $2
Price is $40
And, the growth rate is 3%
Now put these values to the above formula
So, the cost of equity would equal to
= $2 ÷ $40 + 3%
= 0.05+ 0.03
= 8%
Answer:
elementary business process level
Explanation:
Elementary Business Processes can be defined as a task carried out by one person, one place at a time, which is done in reaction to a business event, that could be of quantifiable business value with data being left in a steady state
It represents the smallest level of process decomposition from a business viewpoint. It could be manual, automated, or both. Like I explained earlier, it is Carried out by one person or process, at one location and one time.
Answer: The correct procedure is to “debit cash over and short for $43”.
