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wariber [46]
3 years ago
15

Lori's Company has the following​ items: cash in a checking​ account, $ 9 comma 000$9,000​; cash in a savings​ account, $ 7 comm

a 000$7,000​; highminus−grade government securities due in one month​ (purchased last​ month), $ 3 comma 576$3,576​; accounts​ receivable, $3,000. How much should appear as Cash and Cash Equivalents on the balance​ sheet?
Business
1 answer:
Brut [27]3 years ago
6 0

Answer:

$15,576 should appear as Cash and Cash Equivalents on the balance​ sheet

Explanation:

Cash and Cash Equivalents

= Cash in a checking account + Cash in saving account + High-grade government securities

= $5,000 + $7,000 + $3,576

= $15,576

Therefore, $15,576 should appear as Cash and Cash Equivalents on the balance​ sheet

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EFG Company experienced a reduced demand for its products during a recession. EFG managers were considering laying off some work
Yuliya22 [10]

Answer:

A) experience rating.

Explanation:

In Insurance, An experience rating is a rating method used by the insurance company to calculate workers' compensation insurance and to determine the amount of loss that an insured party experiences compared to the amount of loss that similar insured parties experienced.

EFG Company's managers could use it to calculate their experience modification factor i.e premiums up or down.

7 0
3 years ago
In August, one of the processing departments at Tsuzuki Corporation had beginning work in process inventory of $24,000 and endin
Ipatiy [6.2K]

Answer:

b. $307,000

Explanation:

Costs to be accounted in cost reconciliation report = Opening balance of work in process + Cost of production added during the month

= $24,000 + $283,000

= $307,000

Cost reconciliation report shows what costs need to be accounted for in a month and the manner in which they are actually accounted for.

It is a step in preparation of production report which shows how beginning work in process inventory and the costs which are added to production during the period are recorded.

Hence in cost reconciliation report pertaining to the month of Aug, opening work in process and costs added to production during the month are recorded.

3 0
3 years ago
Japanese telecom NTT DoCoMo Inc. and Chinese Internet search operator Baidu Inc. established an alliance to distribute games and
Mumz [18]

Answer:

Non equity Strategic Alliance

Explanation:

It would have been an equity strategic alliance if one company had bought shares in the other company, but that is not the case in the scenario

A Non Strategic Alliance is one where both companies agree contractually to combine their capabilities and/or resources together for the purpose of achieving a common goal, which describes the situation in the scenario.

4 0
3 years ago
Read 2 more answers
Suzie generally prepares the majority of meals for her family. Even though she always prepares meals that are high in nutrients,
Romashka-Z-Leto [24]

The correct question should be:

Suzie generally prepares the majority of meals for her family. Even though she always prepares meals that are high in nutrients, she tends to make the same meals repeatedly. Which characteristics of a healthful diet is missing from Suzie's meal planning

Answer: Variety.

Explanation:

Suzie's meals lack variety although they are highly nutritional. Variety simply means to have different options or the absence of monotony. Suzie needs to create more types of meals rather than stick to a single pattern of meal.

7 0
3 years ago
The MOST accurate way to establish reserves is to divide the cost of each item and piece of equipment by its expected useful lif
N76 [4]

Answer:

True

Explanation:

Reserve are the amount kept aside to replace the existing building or component over a period of time due to wear and tear. It is also know as reserve for replacement in real estate industry, it is considered as asset for the project. Replacement reserve does not include funds which are require for repairing and maintenance. Fund can be reserved by calculating cost of each item and equipment divided by its useful life in years.

3 0
3 years ago
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