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Liono4ka [1.6K]
3 years ago
12

Robert Cassidy wants to deposit the following into his savings account: 28 one-dollar bills, 4 five-dollar bills, 16 quarters, 1

2 dimes, 40 pennies, a check for $136.50, and a check for $354.22. He wants fifty dollars in cash. What is the total deposit?
Business
1 answer:
Mars2501 [29]3 years ago
3 0

494.32$

20+28+4+1.2+0.4+136.5+354.22=544.32

544.32-50=494.32

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Sunland Company began operations in July 2019. At the end of the month, the company prepares monthly financial statements. It ha
DIA [1.3K]

Answer:

July 31, 2019

Dr Salaries and Wages Expense $1,800

Cr Salaries and Wages Payable $1,800

Dr Interest Expense 320

Cr Interested Payable 320

Dr Accounts Receivable $2,600

Cr Service Revenue $2,600

Explanation:

Preparation of the adjusting entries needed at July 31, 2019

July 31, 2019

Dr Salaries and Wages Expense $1,800

Cr Salaries and Wages Payable $1,800

Dr Interest Expense 320

Cr Interested Payable 320

[$32,000*12%-($32,000*12%*11/12)]

Dr Accounts Receivable $2,600

Cr Service Revenue $2,600

5 0
2 years ago
To apply the dividend discount model to a particular stock, you need to estimate the ___
marshall27 [118]

To apply the dividend discount model to a particular stock, you need to estimate the Sum of Present Value of Dividends and present Value of Stock Sale Price. This dividend discount model or DDM model price is the stock's intrinsic value.

The dividend discount model is a quantitative method used for predicting the price of a company's stock based on the theory that its present-day price is worth the sum of all of its future dividend payments when discounted back to their present value.

If the value obtained from the dividend discount model is higher than the current trading price of shares, then the stock is undervalued and qualifies for a buy, and vice versa.

To learn more about dividend discount model here

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7 0
1 year ago
Given the position of the 3D printer in the growth stage of its lifeâ cycle, which of the following OMâ Strategy/Issues should t
kherson [118]

Answer: cost cutting

Explanation:

3D printing technology is a from of technological innovation which people not many people know about and is less understood by the people and therefore few people might see reason to buy it.

The increase in the competitors offering the product and a price reduction can actually help the product from from the introduction to the growth stage of its life cycle.

The makers of the 3D printers should be more conceened with enhancing distribution, increasing capacity, forecasting and product and process reliability. They should be less concerned about cost-cutting as there are bigger issues to solve.

8 0
2 years ago
I am writing to respond to a problem I am becoming increasingly aware of. I cannot help but notice the growing lack of motivatio
daser333 [38]

Answer:

The motivation of a person depends on himself. The best way to keep your self motivated is to set goals and then monitor your performance against them.

Explanation:

Many people find it difficult to concentrate on studies. They are distracted by the social media and other gaming activities but one should think carefully that all these social media and games do not ruin your future. If a person does not study today he will not be able to achieve and secure a good job later in future leading to lifetime regrets.

3 0
2 years ago
Assume that the reserve ratio is 20 percent and banks in the system are loaning out all their excess reserve. If people collecti
Ivahew [28]

Answer: Decrease by $40 million .

Explanation: If the reserve ratio is 20 percent and banks in the system are loaning out all their excess reserve. When people collectively cash out $10 billion from their checking accounts, then the lending ability of the banking system will decrease by $40 million .

The reserve requirement is the amount of funds a bank must have on hand each night. It is a percent of the bank's deposits. The nation's central bank sets the percentage rate. In the United States, the Federal Reserve Board of Governors controls the reserve requirement for member banks. The bank can hold the reserve either as cash in its vault or as a deposit at its local Federal Reserve bank. The reserve requirement applies to commercial banks, savings banks, savings and loan associations, and credit unions. It also pertains to U.S. branches and agencies of foreign banks, Edge Act corporations, and agreement corporations. Typically, the ideal loan-to-deposit ratio is 80% to 90%. A loan-to-deposit ratio of 100% means a bank loaned one dollar to customers for every dollar received in deposits it received. In order to lend out more, a bank must secure new deposits by attracting more customers. Without deposits, there would be no loans, or in other words, deposits create loans. ... If the reserve requirement is 10% (i.e., 0.1) then the multiplier is 10, meaning banks are able to lend out 10 times more than their reserves.

6 0
3 years ago
Read 2 more answers
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