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Arlecino [84]
3 years ago
7

Pacioli Company developed the following reconciling information in preparing its September bank reconciliation: Cash balance per

bank, 9/30 $12,000 Note receivable collected by bank 6,000 Outstanding checks 9,000 Deposits in transit 4,500 Bank service charge 75 NSF check 1,200 Determine the cash balance per books (before adjustments) for Pacioli Company. a. $8,775. b. $16,500. c. $2,775. d. $12,000.
Business
1 answer:
Fudgin [204]3 years ago
7 0

Answer:

c. $2,775

Explanation:

The computation of cash balance per books (before adjustments) is shown below:-

Balance per book = Balance per Bank - Notes Receivable collected by bank - Deposits in transit + Bank service charges + NSF

= $12,000 - $6,000 - $4,500 + $75 + $1,200

= $2,775

Therefore for computing the balance per book we simply applied the above formula.

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Josh purchased 100 shares of XOM for $76.63 per share at the beginning of 2007. He received dividends per share of $1.37 (2007),
never [62]

Answer:

The IRR is 4.08%

Explanation:

In calculating the internal rate of return in excel,the cash outflow of $76.63 is shown in year 0 with a negative sign to indicate that it is the initial investment on the share, followed by dividends in received in later years shown as positive figures ,however in the fifth the dividend received and the cash received from disposing of the share were added together to show total cash inflow in the last year.

The computation of IRR is shown below

IRR for the share purchase  

 

Years Cash flow

0 -76.63

1 1.37

2 1.55

3 1.66

4 1.74

5 86.61  

IRR 4.08%

Find attached for detailed computation.

Download xlsx
4 0
3 years ago
Which if the following is not form of mass communication
leva [86]

Answer:

out of given option, job interview is not  the form of job interview.

Explanation:

out of given option, job interview is not  the form of job interview.

Mass communication is a method of sharing information with large parts of population via media

we know that mas communication is the communication which include mass either in the form listener or speaker.

if we take rest three option we will find that all three types are include mass.

5 0
3 years ago
Read 2 more answers
Business studies December axam papers​
Fudgin [204]

Answer:

really in December

Explanation:

thx for info

5 0
3 years ago
8. Which of the following countries is the most extreme example of a centrally-planned economy?
larisa [96]

Answer:

North Korea

Explanation:

I hope this helps

6 0
3 years ago
ou own a portfolio that has $2,700 invested in Stock A and $3,800 invested in Stock B. Assume the expected returns on these stoc
Butoxors [25]

Answer:

the  expected return on the portfolio is 15.50%

Explanation:

The computation of the expected return on the portfolio is shown below:

Total investment is

= $2,700 + $3,800

= $6,500

Now  

Expected return of portfolio is

= ($2,700 ÷ $6,500) × 12 + ($3,800 ÷ $6,500) × 18

= 4.98% + 10.52%

= 15.50%

Hence, the  expected return on the portfolio is 15.50%

5 0
3 years ago
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