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3 years ago

Determining the true cash balance, starting with the unadjusted book balance

Business

1 answer:

Law Incorporation [45]3 years ago

3 0

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

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Which combination of changes would increase the glomerular filtration rate (gfr the most?

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Increase in systemic blood pressure, what mechanism would increase GFR?

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3 years ago

High-Low Method

frozen [14]

Answer:

Requirement 1

High Point = March

Low Point = January

Requirement 2

Variable rate for tanning $0.41 per tanning appointment

Fixed cost per month $1,457

Requirement 3

Total Cost = $1,457 + $0.41 × Activity Level

Requirement 4

Total predicted cost for September $ 2,482

Total fixed cost for September $1,457

Total predicted variable cost for September $1,025

Explanation:

Requirement 1

High Point = March

Low Point = January

Requirement 2

Variable Cost = Difference in Overhead Cost (High - Low)/ Difference in Activity (High - Low)

= $2,810 - $1,744 / 3,300 - 700

= $1,066/ 2,600

= $0.41

Fixed Cost Component = Total Overhead Cost - Variable Cost × Selected Activity.

Lets Select, January 700 $1,744

Fixed Cost Component = Total Overhead Cost - Variable Cost × Selected Activity.

= $1,744 - $0.41 × 700

= $1,457

Requirement 3

Cost formula for tanning services

Total Cost = Fixed Cost + Variable Cost

thus,

Total Cost = $1,457 + $0.41 × Activity Level

Requirement 4

Total Cost = $1,457 + $0.41 × Activity Level

= $1,457 + $0.41 × 2,500

= $ 2,482

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2 years ago

A person who is on property with the consent of the landowner and who brings an economic benefit to the landowner, such as a tic

timama [110]

Answer:

A business invitee

Explanation:

A business invitee is any person or group of people who enters another person's commercial property to do business. A business invitee's purpose is to engage in a commercial transaction with property or landowner. The landowner is liable to any injuries or harm suffered by a business invitee due to dangerous conditions on the property.

Commercial property or premises refers to land or building designated for business transactions such as a retail store or a restaurant. In law, customers are business invitees. The assumption is that customers enter commercial premises to do business with the business owner.

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2 years ago

Rules that prevent the creation and behavior of are called antitrust laws.

iVinArrow [24]

To prevent monopolies. The law was also created to make competition in the market place.

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3 years ago

Read 2 more answers

Pam sees that the price of bananas has risen in the grocery store. All else equal, she decides to buy more tangerines than she n

Katyanochek1 [597]

Answer:

Option (c) is correct.

Explanation:

Given information states that bananas and tangerines are substitute goods. We know that the cross price elasticity of substitute goods is positive which means that there is a positive relationship between the price of one good and the quantity demanded for substitute good.

Therefore, in our case as the price of bananas increases and all the other factors remains constant then as a result the quantity demanded for tangerines increases.

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3 years ago