Answer:
The statement is: False.
Explanation:
Business is one of the fields that require paperwork and reports to be transmitted seriously because of the type of information handled. <em>Inflation rates, the annual Gross Domestic Product (GDP) </em>or <em>a country's economic policy</em> are typical topics dealt in this field. For that reason, business writers <em>must be formal</em> without being afraid of using technical terminology where necessary.
Answer:
You pay taxes upfront
the maximum contribution is low
Explanation:
UTP quiz
Answer:
34.04%
Explanation:
Data provided :
Total sales of the Springfield Club = $ 920,000
The net operating income of the company = $ 34,040
The average operating assets of the company = $ 100,000
now,
The return on investment will be calculated as:
Return on investment (ROI)= 
on substituting the values, we get
ROI = 
or
ROI = 34.04%
Answer:
Explanation: More than the 4Ps or simply social media, Boundaryless Marketing refers to what marketing should always be about: connecting with customers, understanding fina… ... Assistant Director, Global Brand, Marketing and Communications
Answer:
The correct cash balance that should be reported in Mooner Sooner's balance sheet at the end of the year is $5,800.
Explanation:
For adjusting the bank statement balance do not consider note collected by the bank, service fee and NSF check returned. Note collected by the banks are already recorded in the bank passbook, so there is no adjustments are needed in the bank statement. Service charge is deducted by the bank, so service charge also recorded in bank passbook; hence no adjustments are required in the bank statement balance. In the case of NSF check returned no adjustments are needed in the bank statement balance.
correct bank balance = Bank balance + Deposits outstanding - Checks outstanding
= $9,000 + $4,600 - $7,800
= $5,800
MAKE SURE YOU AVOID THIS:
For calculating correct cash balance only checks outstanding and deposits outstanding are adjusted with bank balance. For getting correct cash balances add deposit outstanding to the balance as per the bank and minus outstanding checks. Deposit in transit amount must be added to the bank side of the bank reconciliation statement and outstanding check must be deducted from the bank side of the bank reconciliation statement. Here, bank balance is $9,000, checks outstanding are $7,800 and deposits outstanding is $4,600, hence correct cash balance is $5,800.
Therefore, The correct cash balance that should be reported in Mooner Sooner's balance sheet at the end of the year is $5,800.
