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inysia [295]
3 years ago
13

What is the mathematical formula that you would use to describe a financial activity on a bank statement? Explain your response

to your option of choice, included.
a. Ending Balance = Previous Balance + Deposits + Withdrawals
b. Ending Balance = Previous Balance - Deposits + Withdrawals
c. Ending Balance = Previous Balance + Deposits - Withdrawals
d. Ending Balance = Previous Balance - Deposits - Withdrawals​
Business
1 answer:
VMariaS [17]3 years ago
4 0

Answer:

c. Ending Balance = Previous Balance + Deposits - Withdrawals

Explanation:

Deposits are every cash transaction that increase your bank balance, and withdrawals are expenses that decrease your bank balance. Hence the closing / ending balance any day would be the difference of deposits and withdrawals, with opening balance in summation.

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The Lotus Point Condo Project will contain both homes and apartments. The site can accommodateup to 10,000 dwelling units. The p
Pavel [41]

Answer:

2,500 apartment and 7,500 house building the marina complex. This will provide the maximum yield.

Explanation:

Apartment Inflow PV 48,000

Home Inflow PV 46,000

Cost (for any) 40,000

Apartment NPV 48,000 - 40,000 = 8,000

Home NPV 46,000 - 40,000 = 6,000

As the house yield a lower profit it be better to keep the relationship at 1:3

As going above will decrease the profit

being 10,000 and a ratio of 1:3

we get that 10,000 x 1/4  = 2,500 apartment

and 10,000 x 3/4= 7,500 house

<em><u>total profit:</u></em>

2,500 x 8,000 + 7,500 x 6,000 - 1,200,000 = 5,300,000

If we build the swimming-tennis complex then we would build only apartment as they provide the max profit and there is no house quantity requirement:

<em><u>total profit</u></em>

10,000 x 8,000 - 2,800,000 = 5,200,000

The marina complex option yield the best result

6 0
3 years ago
Eckert Company is involved in producing and selling high-end golf equipment. The company has recently been involved in developin
zloy xaker [14]

Answer:

The target cost for one LittleLaser is $68

Explanation:

For computing the target cost, first we have to compute the profit per laser guns which is shown below:

Profit per gun = (Investment × ROI) ÷ (Number of laser guns sold)

                       = ($7,828,000 × 25%) ÷ (103,000 laser guns)

                       = ($1,957,000) ÷ (103,000 laser guns)

                       = $19

And, the cost price charged is $87

So, the target cost for one Little laser would be

= $87 - $19

= $68

3 0
3 years ago
Hal currently works as the fry guy at Burger Haven but is thinking of quitting his job to attend college full time next semester
Mkey [24]

Answer:

Option (d) is correct.

Explanation:

The opportunity cost refers to the cost of selecting some other alternative over other. It is the value of activity or the satisfaction obtained from the good foregone to choose other alternative.

In our case, if Hal decided to go to college then he have to left his job where he earned some money income.

Therefore, the opportunity cost of attending college is the money income that Hal lose as he could have earned that income.

6 0
3 years ago
A __________ is an effort or strategy to achieve a goal or a solution to a problem that is not readily apparent. A. Concept B. S
Andrej [43]

A concept serves as an effort or strategy to achieve a goal or a solution to a problem that is not readily apparent.

What is a concept?

Concepts can be regarded as abstract ideas. they do serves as the fundamental building blocks in which principle lies on.

  • It should be noted that it play important role in all aspects of cognition.

Therefore, concept is needed for thoughts and beliefs

Learn more at:

brainly.com/question/13162939

8 0
3 years ago
Read 2 more answers
The amount paid for stock is the most a shareholder can lose in the corporate form of ownership.
tiny-mole [99]

This statement is true. The amount the shareholder has paid for the stock he owns is the amount of potential loss he can incur as a result of being an owner in a corporation. The creditor of the company cannot run to the personal properties of each shareholder. This condition makes the corporation differ from partnership.

4 0
4 years ago
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