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Andre45 [30]
3 years ago
7

Holding all else constant, when a bank receives the funds for a deposited check Question 3 options: A) bank liabilities decrease

by the amount of the check. B) bank reserves increase by the amount of required reserves. C) bank assets increase by the amount of the check. D) cash items in the process of collection fall by the amount of the check.
Business
1 answer:
blagie [28]3 years ago
6 0

Answer:

D) cash items in the process of collection fall by the amount of the check.

Explanation:

Cash Items in the process of collection are all the item which is due and are in collection process. When a fund for a deposited check is received it is transferred to the depositor's account and in process collection are reduced the balance of account holder is increased. So, the appropriate answer is D) cash items in the process of collection fall by the amount of the check.

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Two online magazine companies reported the following in their financial statements: BetterWorth Outdoor Fun 2018 2017 2018 2017
Rudik [331]

Answer:

BetterWorth and Outdoor Fun ROE and P/E Ratio Analysis:

1-a) Computation of 2018 ROE for each company.

ROE = Return on Equity.  It is a percentage of the net income over equity.  It is best to use the average equity, if given two balance sheets.  See explanation for further clarification.

Average Equity = Two balance sheets' equity divided by 2.

BetterWorth's Average Equity = (597,186 + 522,814) / 2 = 560,000

Outdoor Fun's Average Equity = (457,151 + 477,049) / 2 = 467,100

BetterWorth's 2018 ROE = 111,000 / 560,000 x 100 = 19.82%

Outdoor Fun's 2018 ROE = 92,420 / 467,100 x 100 = 19.79%

1-b) BetterWorth's appears to be generating greater returns on stockholders' equity in 2018.  It generated 19.82% as against Outdoor Fun's 19.79%, especially with the use of average equity.

2-a) Computation of 2018 P/E Ratio for each company:

P/E Ratio = Price/Earnings Ratio.  It is expressed as the market price per share divided by earnings per share.

BetterWorth's 2018 P/E Ratio = 54.90 : 3.4 = 16.15 : 1

Outdoor Fun's 2018 P/E Ratio = 33.05 : 2.30 = 14.37 : 1

2-b) Investors appear to value BetterWorth more than Outdoor Fun.  This is because investors are ready to pay 16.15 times more for each unit of the earnings of BetterWorth.  For Outdoor Fun, investors are only willing to pay 14.37 times more for each unit of its earnings.

Explanation:

A) ROE = Return on Equity.  It is expressed as a percentage of net income over average equity.  In the above calculations, we used the average equity.  The reason is this: average equity smoothens the mismatch between the income statement and the balance sheet.

But, what does ROE measure?  It measures a company's management effectiveness in using assets to make profits for shareholders.

Had we used the 2018 equity, Outdoor Fun would have appeared to have performed relatively better than BetterWorth over ROE.

B) P/E ratio relates a company's share price to its earnings.  The P/E ratio shows that the company's stock is overvalued or undervalued.  It depicts investors' confidence or lack of it in the company's ability to produce more or less earnings.  Without earnings expectation, investors cannot price a company's stock highly.  It is therefore a stock valuation tool widely used by financial analysts and investors.

6 0
3 years ago
Scenario 1: Richman Investments provides high-end smartphones to 250 of their 3000 employees. The value of each smartphone is $1
atroni [7]

Answer:

will be 500

Explanation:

7 0
3 years ago
Matthew decides to buy expensive designer jeans. Less expensive jeans are available, but the added cost of the designer brand is
kicyunya [14]

Matthew decides to buy expensive designer jeans. Less expensive jeans are available, but the added cost of the designer brand is worth it to Matthew most likely because His preference is for designer labels, since the assertions made by the other manufacturers, which claim that designer trousers are less expensive, are illogical. This is further explained below.

<h3>What is the cost?</h3>

Generally, payment is required before it can be obtained or completed.

In conclusion, Affluent designer jeans are Matthew's choice. There are cheaper jeans out there, but Matthew most certainly prefers designer labels since the arguments of the other manufacturers, who say that designer pants are less costly, are irrational.

Read more about cost

brainly.com/question/15135554

#SPJ1

5 0
2 years ago
Montana Mining Co. (MMC) paid $200 million for the right to explore and extract rare metals from land owned by the state of Mont
algol [13]

Answer:

The beginning of the extraction activities is 14.7 million.

Explanation:

Please find the detailed answer as follows:

Present Value of Cash Flows Expected From the Project/Asset Retirement Obligation at the Beginning = (.60*10 + .40*30)*PVIF(7%,3 Years) = (.60*10 + .40*30)*.81630 = 14.7 million .

8 0
3 years ago
Determining the true cash balance, starting with the unadjusted book balance
Law Incorporation [45]

Answer:

True Cash Balance $7,688

Explanation:

The computation of the true cash balance is shown below:

Unadjusted Cash Balance as of May 31 $7,176

Add: Interest Earned   $14

Note Collected by Bank $600

Less: NSF check ($67)

Less Bank charges ($35)

True Cash Balance $7,688

Hence, the true cash balance is $7,688 and the same is to be considered

3 0
3 years ago
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