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True [87]
3 years ago
5

In calculating the daily balance, cash advances are

Business
2 answers:
Marizza181 [45]3 years ago
8 0
A. Sometimes adding in.
Alex73 [517]3 years ago
5 0

Answer:

B. Always added in

Explanation:

While calculating the daily advance, the cash advances are always added because there is a security that the company would receive the cash in a specified period of time. Plus, it does not create any liability.  

And, since advance cash is received which result in an increase in cash balance so it would be added in the daily balance computation part

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What is a secured loan
Anon25 [30]
" A secured loan is, a loan in which borrower pledges some asset as calateral for the loan, which them becomes a secured dept owned to the creditor who gives the loan."
8 0
3 years ago
Read 2 more answers
As the manager of a golf resort, you want to increase the number of tee times sold by 10%. Your staff economist (and junior cadd
Alex73 [517]

Answer:

The price of tee-time should be reduced by 6.67%.

Explanation:

The price elasticity of demand for tee times is –1.5.  

The manager wants to increase the number of tee times sold by 10%.  

The price elasticity of demand shows the change in quantity demanded due to a change in the price level. It is the ratio of the percentage change in quantity demanded and percentage change in price.  

Price elasticity = \frac{\% \Delta Q}{\% \Delta P}

- 1.5 = \frac{10 \%}{\% \Delta P}

\% \Delta P = \frac{10}{- 1.5}

\% \Delta P = - 6.67 \%

7 0
3 years ago
A sales firm regularly enrolls some of its employees in a six-month marketing course with a leading university. At the end of th
Firlakuza [10]

Answer:

Externship

Explanation:

Externship refers to an agreement between the employer and university wherein the university imparts skills required by the employer from employees which relate to a particular job designation.

Externship enables the employees to gain a short term practical knowledge which is related to their job position. Externship, unlike internship is for a shorter duration and during such a course the volunteered employees supervise the learning process of the externs.

Such a concept is also referred to as Job shadowing.

7 0
3 years ago
Read the thesis statement from a historical essay. Determine which type of claim the author is making (claim of fact, definition
mafiozo [28]

Answer:

im not 100% but think this is right

Explanation:

the author is making a claim of fact, because he is claiming that  provides no economic benefits.  im not sure about the second part

5 0
2 years ago
Kate also wishes to pay dividends on both her common shares and the preferred stock. She is a little confused between cash and s
11111nata11111 [884]

Find the answers in the explanation below

Explanation:

Cash dividend: Cash dividend is dividend that is paid in cash to shareholders in the event that the company or firm does not need the money for any kind of operation. This means that the company is giving economic value to its shareholders. This transfer of economic value to shareholder means that the shares price of the company will drop. An example is a company having a share dividend of 5%. That means that the price of the company shares will fall by 5%.

Stock dividend: Stock dividend unlike cash dividend is increase stock dividend as well as help stockholders to avoid tax. This subsequently does not increase the value of the company. For example, if stock dividend of a company is 5% and as much as 1 million shares, when stock dividends are declared the stockholder gets extra of 50,000 shares. The stock holder can either keep the shares or sell it to create his own

Cheers

5 0
3 years ago
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