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Fantom [35]
3 years ago
7

In preparing its June 30, 2013 bank reconciliation, a company has available the following information: Balance per bank statemen

t, June 30 $27,650 Deposit in transit, June 30 3,900 Return of customer's check not sufficient funds 600 Outstanding checks as of June 20 2,750 Bank service charges for June 175 As of June 30, the company's adjusted cash balance is:
Business
1 answer:
vladimir1956 [14]3 years ago
4 0

Answer:

$28,800

Explanation:

The computation is shown below:

Adjusted cash balance = Balance per bank statement, June 30 + Deposit in transit, June 30  - Outstanding checks as of June 20

= $27,650 + $3,900 - $2,750

= $28,800

Simply we added the deposits and deducted the outstanding checks to the balance as per bank statement

All other information which is given is not relevant. Hence, ignored it

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Peng Company is considering an investment expected to generate an average net income after taxes of $1,950 for three years. The
Bogdan [553]

Answer:

NPV =$(36,602.61)

Explanation:

<em>The Net present value (NPV) is the difference between the Present value (PV) of cash inflows and the PV of cash outflows. A positive NPV implies a good and profitable investment project and a negative figure implies the opposite.  </em>

NPV = PV of cash inflows - PV of cash outflows  

<em>PV of cash inflow= A × (1- (1+r)^(-n)/r</em>

A- net cash inflow  1,950, r- discount rate- 15%, n- number of years- 3

PV of cash inflows =  1,950 × ((1- (1.15)^(-3))/0.15

                               = 4,452.28

<em>PV of scrap value = F ×(1+r)^(-n)</em>

F- Scrap value - 6000, r- discount rate = 15% n- number of years- 3

PV of scrap value = 6,000 ×(1.15)^(-3)=3,945.09

NPV = 4,452.28  + 3,945.097 - 45,000

      = (36,602.61)

NPV =$(36,602.61)

8 0
3 years ago
Which of the following promotion tools involves building up a good corporate image and handling unfavorable stories and events?
CaHeK987 [17]

Answer:

Public relation

Explanation:

Public relation is assumed to be one of the most efficient tool for making good healthy relation in market. it is practical tool that work firmly and efficiently with cost effective way to promote the business to the next level.

public relation make awareness among the potential customer in a short time period effectively.

8 0
3 years ago
Melanie graduated from the College of Business at the University of Arizona. What type of higher education Institution did she a
Rom4ik [11]
She attended a university
8 0
2 years ago
If manufacturing overhead has been underallocated during the period, then which of the following is true?(a) the jobs produced d
Alecsey [184]

Answer:

The correct answer is B: the jobs produced during the period have been under-costed

Explanation:

Giving the following information:

If manufacturing overhead has been under-allocated during the period, then which of the following is true?

(a) the jobs produced during the period have been over-costed

(b) the jobs produced during the period have been under-costed

(c) the jobs produced during the period have been costed correctly

(d) none of the above

When manufacturing overhead has been under-allocated means that the actual costs incurred where superior that the estimated cost for the period.

7 0
3 years ago
Benefit corporations differ from traditional corporations in three main ways. The main purpose is to benefit the ___ , so direct
larisa86 [58]

The correct answers are, Public, Environment, Derivative Suit, Benefit Report.

Explanation:

Any corporation which is established to benefit people, society and the environment, is called as the Benefit corporation.

The main purpose is to benefit the Public, so the directors must consider the impacts of their decisions on society and the Environment. Shareholders have an additional right to private action called a Derivative Suit, that allow them to sue the corporation for failure to pursue the purpose. Finally, benefit corporations must issue an annual Benefit Report on its performance and include a third party standard of assessment.

Learn more about Benefit Corporations at:

brainly.com/question/13648699

#LearnWithBrainly

3 0
3 years ago
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