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lozanna [386]
3 years ago
8

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 is not an area of significant difference between manufacturing and service operations?a) forecasting demand b) uniformity
ioda

Answer:

Letter a is correct.<u> Forecasting demand.</u>

Explanation:

The correct alternative is forecasting demand, because it is only possible to predict future demand for the manufacture of some good, according to the statistical data of the service provided, so this is an area between manufacturing and related services.

Demand forecasting is a process of finding statistical and economic data that assists in future organizational control, such as sales and cash flow planning, inventory and purchasing control, production planning and others.

By analyzing the past scenario it is possible to predict variables that will impact the future of the business, so for the forecast to be carried out effectively, some steps must be considered:

  • Data collection and analysis ;
  • Objective identification of the applied model ;
  • Forecasting techniques;
  • Monitoring .

Demand forecasting technique, when well planned and executed, guarantees several strategic and competitive benefits for the company, besides being an essential instrument in the decision making process.

7 0
3 years ago
Which of the following outcomes of providing accounting information is an attempt to identify individual securities that are mis
velikii [3]

Answer:

The correct answer is: b. Fundamental analysis.

Explanation:

Fundamental analysis can be understood as a commonly used method that aid to evaluate and analyze the intrinsic value of a specific asset and the evaluation of its evolution and modification of said value across time.

<u>It is a thorough review of all the available financial information while being aware of the effects that external events and influences have on particular asset value. </u>

In conclusion, to the question Which of the following outcomes of providing accounting information is an attempt to identify individual securities that are mispriced by reviewing all available financial information? The correct answer is: b. Fundamental Analysis.

5 0
4 years ago
Symon's Suppers Co. has announced that it will pay a dividend of $4.39 per share one year from today. Additionally, the company
zavuch27 [327]

Answer:

The current share price is $60.97

Explanation:

The values given are

Symon's super corporation is expected to pay a dividend of $4.39

The company expects to increase its dividend by 4.2percent every year

The required return on the company's stock is 11.4 percent

Therefore, the current share price is

= 4.39/( 11.4/100 + 4.2/100 )

= 4.39/( 0.114 - 0.042)

= 4.39/(0.072)

= 60.97

Thus, the current share price is $60.97

8 0
3 years ago
Which of the following fees would likely be the highest? A. Overdraft fee B. Account transfer fee C. Monthly service fee D. ATM
belka [17]
The answer to this question is: overdraft fee
Overdraft fee is a fee that charged by the Banks everytime you make a transaction through your account.
Unlike any other option above, overdraft fee could happen more than once a day depending on how the owner use it, so it will be most likely to be the highest
5 0
3 years ago
Read 2 more answers
The iPod is a very popular item among people of all ages. The demand is continuing to grow. The iPod's introductory price was ar
Zina [86]

Answer:

E. Skimming Pricing.

Explanation:

This method or strategy is mainly used in marketing strategy for a new market entry especially because of its uniqueness and also when the value of the commodity to be sold is of a very high qualities and importance.

It is also seen as a product pricing strategy by which a firm charges the highest initial price that customers will pay and then lowers it over time. As the demand of the first customers is satisfied and competition enters the market, the firm lowers the price to attract another, more price sensitive segment of the population. The skimming strategy gets its name from "skimming" successive layers of cream, or customer segments, as prices are lowered over time.

7 0
4 years ago
Read 2 more answers
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