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3 years ago

What form of payment displays the customer's routing number and account number?

1 answer:

8 0

The answer is D. Checks. At the bottom of checks you have the banks routing number along with the persons account number.

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Clabber Company has bonds outstanding with a par value of $119,000 and a carrying value of $108,700. If the company calls these

Vladimir79 [104]

Answer:

option (b) $4,200 gain

Explanation:

Data provided in the question:

Par value of outstanding bonds = $119,000

Carrying value of the bonds = $108,700

Price at which bond is called = $104,500

Now,

Gain on the retirement is calculated using the relation as;

Gain on retirement

= Carrying value of Bonds - Price at which bond is called

= $108,700 - $104,500

= $4,200

Since, the result is positive, therefore a gain will be recognized

Hence, correct answer is option (b) $4,200 gain

6 0

3 years ago

14. Lassiter Industries has annual sales of $220,000 with 10,000 shares of stock outstanding. The firm has a profit margin of 7.

kakasveta [241]

Answer:

Price earning ratio is 16

Explanation:

Profit Margin = (Net profit / Net Sales) x 100

7.5% = Net profit / $220,000

Net Profit = $220,000 x 7.5%

Net Profit = $16,500

Earning Per share = $16,500/ 10,000 = $1.65 per share

Price-sales ratio = Market value / Sales value

1.20 = Market value / 220,000

1.20 x 220,000 = Share price

Share price = 264,000 / 10,000 =

Share price = 26.40

Price Earning Ratio = 26.40 / 1.65 = 16

8 0

3 years ago

Will Jones, Pharoah is a small CPA firm that focuses primarily on preparing tax returns for small businesses. The company pays a

Reika [66]

Answer:

Total cost for 316 returns $3,962

Total cost for 408 returns $4,974

Total cost for 524 returns $6,250

Explanation:

The total cost incurred by Pharoah with the Mega Tax software is given by the fixed cost of $486, referring to the annual fees, added to the cost per tax return of $11 multiplied by the volume of returns filed (n):

$C= \$486+(\$11*n)$

i. if 316 returns are filed? (n = 316)

$C= \$486+(\$11*316)\\C=\$3,962$

ii. If 408 returns are filed? (n = 408)

$C= \$486+(\$11*408)\\C=\$4,974$

iii. If 524 returns are filed? (n = 524)

$C= \$486+(\$11*524)\\C=\$6,250$

Total cost for 316 returns $3,962

Total cost for 408 returns $4,974

Total cost for 524 returns $6,250

6 0

3 years ago

What is the state of education today with respect to technology use by teachers?

vitfil [10]

Technology has been very useful for the education. Teachers have found ways in order for technology to be more beneficial rather than detrimental to students. The use of televisions for certain classes allows the students to properly visualize the topics. Also, social media have been grounds for teachers to share their materials to the students and students to their co-students.

8 0

3 years ago

Roberta is a customer service representative at a car rental company. Read the passage. Which actions might lead to increased cu

pochemuha

Answer:

Training

Explanation:

Learning within a workgroup is the only way to improve performance. An outstanding representative as Roberta needs to transfer her skills to the rest of the team. One strategy to accomplish that is naming her as responsible for on-board training for the new teamates.

Another strategy is to use surveys after the calls to know what are the opinions of clients regarding services. It allows to identify improvement opportunities.

3 0

3 years ago