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nikitadnepr [17]
3 years ago
9

The Snow Hut has analyzed the carrying and shortage costs associated with its cash holdings and determined that the firm should

ideally maintain a cash balance of $3,600. This $3,600 represents which one of the following to the firm?
A.target cash balance
B. concentration balance
C. available balance
D. selected cash amount
E. compensating balance
Business
1 answer:
LekaFEV [45]3 years ago
6 0
I believe the answer E
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Rhone-Poulenc is an international French company that produces and markets a variety of chemicals and pharmaceuticals. Due to th
fomenos

Answer:

core competency

Explanation:

Core competency -

It refers to as the characteristics of the business or company in order to stand out from rest in the competitive market , is referred to as the core competency  .

It consists of innovative skills , resources , technology , manpower , which makes a particular company far more better than rest of the companies .

Hence , from the given scenario of the question ,

The correct answer is core competency  .

6 0
3 years ago
Which of the following is excluded from calculations of GDP?
Vinil7 [7]

Answer: All of the above.

Explanation: None of the listed options would be included when calculating the gross domestic product of a country. This is so because gross domestic product only calculates the total value of commodities/services produced by a country during a fixed time frame.

8 0
3 years ago
Open a general journal for the City of Monroe Community Foundation Trust Fund and record the following transactions for the year
ICE Princess25 [194]

Answer:

The beginning part of the question is found below:

The City of Monroe Scholarship Foundation private-purpose trust fund had the following account balances on January 1, 2017:

                                                     Debits                                  Credits

Cash                                             $49,500

Accrued Interest Receivable       $7,500

Investments in Corporate Bonds $750,000

Net Assets Held in Trust                                                      $807,000

Totals                                            $ 807,000                       $ 807,000

Find below the necessary journal entries in the explanation section:

Explanation:

The interest received =6%*$750,000*6/12=$22,500

Dr Cash            $22,500

Cr Interest income(balance)       $15,000          

Cr Accrued interest receivable   $7,500

Additional funds of $205,500 received:

Dr Cash                  $205,500

Cr donation income                $205,500

the investment of $200,000 in corporation stock

Dr investment in corporation stocks  $200,000

Cr Cash                                                                  $200,000

receipt of half of the year annual interest on bonds(as calculated above at $22,500)

Dr cash    $22,500

Cr Interest income   $22,500

cash is debited when there is an inflow and credited in case of outflows

The investment account is debited because it is an asset

8 0
3 years ago
The date a cash dividend becomes a binding legal obligation to a corporation is theA. payment date.B. record date.C. earnings da
Usimov [2.4K]

Answer:

D. declaration date.

Explanation:

The dividend payment becomes legal obligation, when  it has been declared by Directors and approved by  shareholders in annual general meeting of the company.

The date on which the upcoming dividend payment is announced and declared by the board directors of the company is known as declaration date.

Therefore, the answer is D. declaration date.

3 0
3 years ago
Which of the following is a service fee? an amount of money a bank charges?
aalyn [17]

Answer:an amount of money a bank charges for the use of an account.

Explanation:

When someone charges you money for them to do something it is called a service fee

7 0
2 years ago
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