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
Zanzabum
3 years ago
13

Ariana'a bank statement shows a closing balance of $125.18. There are no outstanding checks or deposits. Her checkbook shows a b

alance of $127.93. What might account for the different balances?
A.Interest earned in the amount of $2.75

B.Transposing of numbers

C.ATM fee in the amount of $2.75

D.Deposit of $2.75
Business
2 answers:
arlik [135]3 years ago
7 0

The answer is ATM fee in the amount of $2.75 or C.





HOPE THIS HELPS YOU

Tcecarenko [31]3 years ago
4 0

C is the correct answer (apex)

You might be interested in
Jones Manufacturing sells a part to Lear Corporation.Lear puts this part into a radio,which Lear then sells to Ford.From Ford's
AleksandrR [38]

Answer:

d)Tier 2

Explanation:

from the question we are informed about jones Manufacturing sells a part to Lear Corporation.Lear puts this part into a radio,which Lear then sells to Ford.From Ford's point of view, in this case Jones Manufacturing is tier 2. Tier 2 capital can be regarded as second layer of capital which serve as a required reserves of a bankIt contains revaluation reserves as well as hybrid capital instruments

3 0
2 years ago
A construction firm needs to hire a construction superintendent, whose primary responsibilities involve organizing, supervising,
mamaluj [8]

Answer:

c. content validation

Explanation:

In this scenario it seems that the construction firm is using content validation by placing the applicant in the room and asking her to point out the 10 common and expensive errors. Content Validation is a method that is used in order to make sure that a test is correctly measuring the information for which it is intended.

3 0
3 years ago
A series of monthly cash flows is deposited into an account that earns 12% nominal interest compounded monthly. Each monthly dep
nirvana33 [79]

Answer:

The amount left in the account after last withdrawal is $61,945

Explanation:

The first monthly deposit occurred on June 1, 2008 and the last monthly deposit will be on January 1, 2015 = 80 deposit

Monthly deposit = 2,100

Interest rate = 12% / 1% per month

Firstly, we calculate the future worth of the monthly deposit

FW = A(F/A, i, n)

A = 2,100, i = 1%, n= 80

FW = $2100*[(1+0.01)^80 - 1 / 0.01]

FW = $2100*[2.216715 - 1 / 0.01]

FW = $2100*(121.671)

FW = $255,509.10

We calculate the effective interest rate

i(effective) = (1 + i nominal monthly interest rate)^n - 1

i `%, n = 3(no of months in quarter)

i (effective) = (1+0.01)^3 - 1

i (effective) = (1.01)^3 - 1

i (effective) = 1.030301 - 1

i (effective) = 0.030301

i (effective) = 3.0301%

The effective quarterly interest rate is 3.0301%

We calculate the future worth of the quarterly drawings

FW = A[(1+i)^n - 1 / i]

A = 5,000(drawing), i = 3.0301%, n = 26(number of drawings)

FW = 5,000*[(1+0.030301)^26 - 1 / 0.030301]

FW = 5,000*[2.17303717 - 1 / 0.030301]

FW = 5,000*(38.71282)

FW = $193,564.10

The future worth of the quarterly withdrawal is $193,564.10

We calculate the amount left in the account after last withdrawal

Amount left in account = FW(monthly deposits) - FW(quarterly drawings)

Amount left in account = $255,509.10 - $193,564.10

Amount left in account = $61,945

Thus, the amount left in the account after last withdrawal is $61,945

6 0
2 years ago
Yang Corporation starts a foreign subsidiary on January 1 by investing 25,000 rand. Yang owns all of the shares of the subsidiar
Lisa [10]

Answer:

$3,000 credit

Explanation:

Given the followin currency exchange rates for 1 rand are as follows:

January 1 $0.25 = 1 rand

Average for the year 0.28 = 1

December 31 0.31 = 1

Net income conversion Investment using January 1 rate = 50,000 rand × $0.25 = $12,500

Net income conversion Investment using December 31 rate = 50,000 rand × $0.31 = $15,500

Credit (Debit) = $15,500 - $12,500 =$3,000

Therefore, the translation adjustment that Yang will report at the end of the current year is $3,000 credit since the difference is positive.

4 0
3 years ago
Jack Hammer Company completed the following transactions. The annual accounting period ends December 31. Apr. 30 Received $816,0
irina [24]

Answer:

Effects on Accounting Equation: Assets = Liabilities + Equity

April 30 - Assets (Cash at bank) are increased and Liabilities (Notes Payable) are increased with $814,000.

June 30 - Assets (Inventory) are increased and Liabilities (Accounts Payable) are increased with $93,000.

July 15 - Assets (Cash) are decreased and Liabilities (Accounts Payable) are decreased with $93,000.

August 31 - Assets (Cash) are increased and Liabilities (Deferred Revenue) are increased by $33,000 for security service received in advance.

Dec 31 - Liabilities (Wages Unpaid) are increased and Equity (Retained Earnings) is decreased by $58,000 for unpaid wages.

Dec 31 - Liabilities (Interests Accrued) are increased and Equity (Retained Earnings) is decreased by $32,640 for accrued interests for 8 months.

Dec 31 - Liabilities (Deferred Revenue) are reduced and Equity (Retained Earnings) is increased by $22,000 for 4/6 months security service revenue received in advance and now adjusted based on the accruals concept.

Explanation:

Effect on Debt-to-Assets Ratio:

a) no change as assets and liabilities are increased by the same amount.

b) no change as assets and liabilities are increased by the same amount.

c) no change as assets and liabilities are decreased by the same amount.

d) no change as assets and liabilities are increased by the same amount.

e) debt-to-asset ratio is increased with unpaid wages.

f) debt-to-asset ratio is increased with accrued interests at 6% of $816,000 x 8/12 = $32,640.  The note was collected on April 30 with 8 months to year-end.

g) debt-to-asset ratio is decreased with the adjustment of security service received for 4 months out of 6 months based on the accruals concept.

4 0
3 years ago
Other questions:
  • Market research should be conducted:
    11·1 answer
  • In which career would you typically oversee the creation of materials that communicate a favorable public image of your employer
    11·1 answer
  • If left to the private market, the amount of fire protection provided in a city would be ________ than it is now, and free rider
    13·1 answer
  • Wanda is faced with an ethical dilemma. She knows her supervisor, the CFO, wants to accelerate the recoding of revenue to an ear
    8·1 answer
  • Which of the following is an example of licensing?a- An Indian automobile manufacturing company buys engines from a Japanese man
    13·1 answer
  • In most high-tech industries, the fixed costs of developing a product are very _____, and the costs of producing one extra unit
    12·1 answer
  • What design flaw on this ballot could potentially cause confusion for voters? the ballot appears fine as it is, without any pote
    6·2 answers
  • Question 5 of 10
    7·1 answer
  • The following are hibiscus company cost of making and selling an item:
    15·1 answer
  • Hi! I need help with this
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!