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Aleonysh [2.5K]
3 years ago
12

Mia Wong's checking account had a balance of $3,100.55 on July 1. After looking at her bank statement, she noticed an NSF for $6

0.50, a service charge of $12.55, and a note collected for $600. There was one deposit in transit for $400 and no checks outstanding. What is the reconciled checkbook balance?
Business
1 answer:
MaRussiya [10]3 years ago
4 0
Given:
Checking account balance:  3,100.55
Add: note collected                      600
deduct:
NSF                      60.50
service charge: 12.55           <u>    (73.05)</u>
reconciled checkbook bal.    3,627.50

The deposit in transit for 400 was already included in the 3,100.55 balance. That is why it is not included in the reconciliation.
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Nonamiya [84]

Answer:

$105,075

Explanation:

The computation of the operating income is shown below:

Sales (4 × 69,500)                                              $278,000

Less:Variable costs (0.95 × 69,500 + 5% × 278,000)  $79,925

Contribution margin                                                     $198,075

Less: fixed cost (13,000 + 80,000)                      $93,000

Net operating income                                                 $105,075

We simply deduct the variable cost and the fixed cost from the sales to arrive at the net operating income

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3 years ago
The loanable funds thoery of interest shows that interest rates on loans are determineds by?
lyudmila [28]

The loanable fund's theory of interest shows that interest rates on loans are determined by supply and demand for funds available for lending because higher rates will be due to higher demand for lending while higher supply can reduce lending.

Loanable funds encompass family savings and/or bank loans. because funding in new capital items is regularly made with a loanable price range, the demand and supply of capital are often mentioned in phrases of the demand and delivery of loanable funds.

The delivery of loanable finances is based on financial savings. The demand for loanable budgets is primarily based on borrowing. The interaction between the supply of financial savings and the call for loans determines the actual hobby price and how much is loaned out.

The loanable budget market illustrates the interaction of borrowers and savers in the economic system. it is a version of a marketplace model, however, what is being “bought” and “offered” is cash that has been saved. debtors call for a loanable price range and savers supply loanable finances.

Learn more about  Loanable funds here:

brainly.com/question/13636725

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3 0
2 years ago
In a homogeneous-good Cornet model where each of the n firms has a constant marginal cost m and the market demand curve is p = a
Jlenok [28]

Answer:

Q=nq=\frac{n}{n+1}\frac{a-c}{b}

if n=1 (monopoly) we have Q^M=\frac{1}{2}\frac{a-c}{b}

if n goes to infinity (approaching competitive level), we get the competition quantity that would be Q^c=\frac{a-c}{b}

Explanation:

In the case of a homogeneous-good Cournot model we have that firm i will solve the following profit maximizing problem

Max_{q_i} \,\, \Pi_i=(a-b(\sum_{i=1}^n q_i)-m)q_i

from the FPC we have that

a-b\sum_{i=1}^n q_i -m -b q_i=0

q_i=\frac{a-b \sum_{i=2}^n q_i-m}{2b}

since all firms are homogeneous this means that q_i=q \forall i

then q=\frac{a-b (n-1) q-m}{2b}=\frac{a-m}{(n+1)b}

the industry output is then

Q=nq=\frac{n}{n+1}\frac{a-c}{b}

if n=1 (monopoly) we have Q^M=\frac{1}{2}\frac{a-c}{b}

if n goes to infinity (approaching competitive level), we get the competition quantity that would be Q^c=\frac{a-c}{b}

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3 years ago
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REY [17]

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The personal selling is also known as the interaction form of selling the products to the user.

The personal selling is one of the most expensive promotion tool as it is hardly used for advertising the products. It mainly involve spreading the information regarding the specific organization products and the services.

Therefore, Option (B) is correct.

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If a buyer's willingness to pay for a new Honda is $30,000 and she is able to actually buy it for $28,000, her consumer surplus
dalvyx [7]

Answer:

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Therefore consumer surplus is $2,000

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