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Slav-nsk [51]
3 years ago
14

An imprest petty cash fund of​ $600 was established for minor disbursements. At the end of the​ month, the fund included petty c

ash tickets for the purchase of​ $200 in​ supplies, $73 for​ meals, $82 for​ fuel, and​ $67 for taxi fare. How much cash should be left in the​ fund?
A.
​$1022
B.
​$600
C.
​$178
D.
​$245
Business
1 answer:
Yuliya22 [10]3 years ago
5 0

Answer:

C. $ 178

Explanation:

The total minor disbursements from the petty cash fund need to be aggregated.

Purchase of supplies                                            $ 200

Meal expenses                                                     $    73

Fuel expenses                                                      $    82

Taxi fare                                                                 <u>$   67</u>

Total disbursements                                            $ 422

Petty cash fund                                                      $ 600

Cash left in hand = Value of petty cash fund - Disbursements

$ 600 - $ 422 = $ 178                  

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Answer:

Context, content and culture are:

O Three dimensions of evaluating corporate gifts.

Explanation:

Corporate gifts may turn out to be regarded as bribery if they are meant to induce the other party to alter their behaviors.  This is why in evaluating corporate gifts, the criteria have always included the context (the circumstances in which the gifts are given), the content (how much is given), and the culture (the accepted general practice in a particular industry, locality, or region).  Generally, corporate gifts are given either as means of showing appreciation, creating positive first impression, or returning some favors.

8 0
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A review of Munchen Corporation's financial statements reveals the following information: cost of goods sold: $100,000; decrease
drek231 [11]

Answer:

The Cash paid to suppliers was $85,000

Explanation:

Data provided in the question:

Cost of goods sold = $100,000

Decrease in inventory = $5,000

Increase in accounts payable = $10,000

Now,

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The Cash paid to suppliers was $85,000

8 0
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Tasty Subs acquired a delivery truck on October 1, 2021, for $22,500. The company estimates a residual value of $2,700 and a six
mixer [17]

Answer: Depreciation expense for 2021 = $825

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Depreciation expense for 2022 (  From January  to December)

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6 0
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The u.s. dollar exchange rate increased from ​$0.960.96 canadian in june 2011june 2011 to ​$1.031.03 canadian in june 2012june 2
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Given that <span>the U.S. dollar exchange rate increased from $0.96 Canadian in June 2011 to ​$1.03 Canadian in June 2012​, and it decreased from 81 Japanese Yen in June 2011 to 78 Japanese Yen in June 2012.

Between June 2011 and June 2012​, the U.S. dollar​ appreciated against the Canadian dollar.

Between June 2011 and June 2012​, the U.S. dollar​ depreciated against the Japanese Yen.</span>
8 0
3 years ago
GHB Corp. is a manufacturer of consumer goods. It intends to sell its products in Vietnam as it is looking to enter into Asian m
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Answer:

A) Indirect exporting

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An indirect exporting strategy refers to selling to an intermediary business. The intermediary business is responsible for selling and distributing the product in their domestic market.

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