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ludmilkaskok [199]
3 years ago
14

Short term interest rates show the cost of borrowing money for how long?

Business
2 answers:
soldier1979 [14.2K]3 years ago
8 0
They show for a few days or months
IgorC [24]3 years ago
8 0
Short term deals with days and weeks, maybe months
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Northern Trail Outfitters (NTO) has created a new onboarding series for customers who have purchased its fitness tracker. Custom
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Answer:

The correct answer is A

Explanation:

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So, NTO, who established the onboarding series which involves the personalized recommendations of the customer but lacks somewhere, therefore, best practice for achieving in the current situation is recommending personally to the customer.

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3 years ago
The manager is responsible for training you about food safety in your job duties which includes
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3 years ago
The current asset section of the Excalibur Tire Company’s balance sheet consists of cash, marketable securities, accounts receiv
Kobotan [32]

Answer:

Current Assets = $2,210,000

Shareholders Equity = $1,000,000

Non-Current Assets = $690,000

Long-term Liabilities = $1,050,000

Explanation:

Current Assets

Current Ratio is Current Assets divided by Current Liabilities.

Acid Test Ratio is Current assets less inventory divided by Current Liabilities.

Equating the two we have,

Current Assets / Liabilities - (Current Assets - Inventory) / Current Liabilities = 2.60 - 1.60

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850,000/Current Liabilities = 1

Current Liabilities = $850,000

With Current Liability known, Current Assets can be calculated using the Current Ratio.

2.60 = Current Assets / Current Liabilities

2.60 = Current Assets / 850,000

Current Assets = $2,210,000

Shareholders Equity

Debt to Equity Ratio of 1.9 is given.

Formula for Debt to Equity ratio is,

= Total Liabilities / Shareholders Equity

Total Assets which is given can be calculated as,

Total Liabilities + Shareholders Equity = Total Assets

Total Liabilities + Shareholders Equity = 2,900,000

Denote Shareholders Equity as s,

Shareholders Equity being denominator means that it goes into Liabilities 1.9 times (Debt to Equity Ratio)

Therefore,

1.9s + s = 2,900,000

2.9s = 2,900,000

s = $1,000,000

Shareholders Equity = $1,000,000

Non-Current Assets

Non - Current Assets = Total Assets - Current Assets

= 2,900,000 - 2,210,000

= $690,000

Long-term Liabilities

Liabilities and Equity fund the company assets.

Total Assets = Shareholders Equity + Current Liabilities + Long-term Liabilities

Long Term Liabilities = Total Assets - Shareholders Equity - Current Liabilities

= 2,900,000 - 1,000,000 - 850,000

= $1,050,000

Long-term Liabilities = $1,050,000

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The cash account for Stone Systems at July 31, 20Y5, indicated a balance of $17,750. The bank statement indicated a balance of $
butalik [34]

Answer:

Refer explanation and attachment

Explanation:

The goal of a reconciliation statement is to ascertain the differences between the banks records and the depositor’s records and make accounting changes as deemed appropriate. There is a general flow that is used to make the correcting entries:

1. The process flow starts with the bank’s ending cash balance

2. Add any deposits made by the company to the bank that are in transit

3. Deduct any cheques that are uncleared by the bank

4. Add or deduct any other differences available as necessary

5. In the company bank records, once again start with the ending balance

6. Add interests earned

7. Deduct any bank service fees, penalties and NSF (Non-Sufficient Funds) cheques.

8. Add or deduct any other differences available as necessary

At the end of this process, it is likely that both accounts would be equal and tally

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