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4 years ago

If a company has three bank accounts for processing payments, what is the minimum number of ledgers it needs?

1 answer:

6 0

A Company needs three ledgers if it has three bank accounts for processing payments. Three ledgers need for each of the bank accounts.

This three ledger provide more efficient and effective in maintaining each of the accounts and the payment process related to the account. This method will make the bank reconciliation process easier too.

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E-Gadgets is a chain of electronics stores that specializes in devices and gadgets incorporating cutting-edge technologies. The

IgorLugansk [536]

Answer:

The correct option is C) place utility

Explanation:

Place utility is the utility which is created for a product by making that product available to near by locations of the customers so that they can easily get access to those products. Same strategy is being applied in the question by E-gadgets , who are making their stores available to such locations , where their customers ( upper middle class and wealthy neighborhoods) can get access to the products easily( less than 15 minutes in the given case).

5 0

3 years ago

How many moles of CaCl2 will be produced from 1.4 moles of HCl reacting with calcium hydroxide

professor190 [17]

Answer:

0.70 moles will be produced

Explanation:

step 1: start with mol HCl, go to mol CaCl2 then do the same for mol Ca(OH)2

step 2: determine limited reagent

step 3: check answer

EQUATION: 2 HCl + Ca(OH)2 → CaCl2 + 2 H2O

Calculation:

(1.4 mol HCl) x (1 mol CaCl2 / 2 mol HCl)

= 0.70 mol CaCl2

7 0

3 years ago

Gallon Corporation had $24,000 of raw materials on hand on April 1. During the month, the Corporation purchased an additional $5

mylen [45]

Answer:

$62,000

Explanation:

Total materials - indirect materials

=62,000- 2000= $62,000

5 0

4 years ago

Read 2 more answers

Suppose that when the price of a good falls from $12 to $9, the quantity demanded of that good rises from 310 units to 350 units

Snowcat [4.5K]

Answer:

The approximate price elasticity of demand between these two prices is

- 0.42

Explanation:

In this question ,we use the formula of price elasticity of demand which is shown below:

Price elasticity of demand = Percentage change in quantity demanded ÷ Percentage change in price

where,

Percentage change in quantity demanded is calculated by

= New Quantity - Old quantity ÷ New Quantity + Old quantity

= 350 - 310 ÷ 350 + 310

= 40 ÷ 660

= 0.06060

Percentage change in price is calculated by

= New price - Old price ÷ New price + Old price

= 9 - 12 ÷ 9 + 12

= - 3 ÷ 21

= - 0.14285

Now put these values over the above formula

So, the answer is = 0.06060 ÷ - 0.14285 = - 0.42

Hence, the approximate price elasticity of demand between these two prices is - 0.42

3 0

4 years ago

Trade credit and discounts are important strategies used by firms in the daily operations of their business. Calculate the cost

Olegator [25]

Answer:

When a discount is given as 2/12, Net 32, it means that the customer is allowed a 2% discount if they pay off their purchase in 12 days. If they don't, they would have to pay off the full amount in 32 days.

The Cost of a firm's credit is calculated by the formula:

= Discount %/ ( 100% - Discount %) * (360/Allowed payment days - Discount days)

a. 2 / 12, Net 32

= (2%/ (100 - 2% )) * (360 / (32 - 12))

= 36.73%

b) 3/15, Net 36

= (3%/ (100 - 3% )) * (360 / (36 - 15))

= 53.02%

c) 2.5/18, Net 35

= (2.5%/ (100 - 2.5% )) * (360 / (35 - 18))

= 54.30%

d) 2.25/20, Net 38

= (2.25%/ (100 - 2.25% )) * (360 / (38 - 20))

= 46.04%

5 0

3 years ago