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spin [16.1K]
3 years ago
9

The Cash T-account of Rainbow, Inc. has a beginning balance of $52,000. During the year, $244,000 was debited and $241,000 was c

redited to the account. What is the ending balance of cash?
Business
1 answer:
morpeh [17]3 years ago
5 0

Answer:

Ending balance will be equal to $55000

Explanation:

We have given beginning balance = $52000

Debited amount = $244000

And credited amount = $241000

We have to find the ending balance of cash

Ending balance is given by

Ending balance = beginning balance + credit amount - credited amount

So ending balance =52000+244000-241000=55000

So ending balance will be equal to $55000

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3 years ago
In the United States, ________ laws prohibit collusion between rivals. a. competitive arbitration
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As a revenue cycle auditor, explain how you will monitor compliance, denials, resubmitted claims, appeals for denied claims, and
goldfiish [28.3K]

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2 years ago
Fama’s Llamas has a weighted average cost of capital of 10.9 percent. The company’s cost of equity is 12 percent, and its pretax
mojhsa [17]

Answer:

0.2

Explanation:

The weighted average cost of capital (WACC) is calculated as below:

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r_E: cost of equity;

t: tax rate

Rearrange above formula a bit, we get:

WACC = (D/A) x r_D x (1-t) + (1 - D/A) x r_E

Putting all the numbers together, we have:

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3 years ago
The executives for New Haus LLC set the retail objective for the company. These objectives are broken down in order to create th
yaroslaw [1]

Answer:

Top-down planning

Explanation:

Top-down planning  -

It refers to the method planning , where the goals are bifurcated and placed according to the hierarchy from top to bottom , is referred to as top - down planning .

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The correct answer is Top-down planning .

4 0
3 years ago
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