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masha68 [24]
3 years ago
9

Brangelina Adoption Agency’s general ledger shows a cash balance of $4,593. The balance of cash in the March-end bank statement

is $7,345. A review of the bank statement reveals the following information: checks outstanding of $2,803, bank service fees of $85, and interest earned of $34. Calculate the correct balance of cash at the end of March.
Business
1 answer:
aliya0001 [1]3 years ago
5 0

Answer:

$4.542

Explanation:

Bank services fees must be included in  balance, as well as  interest earned, but checks outstanding no, because they arent paid yet.

So the correct calculation is:

$ 4.593 - $85 + $34 =  $4.542

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The managing activity of organizing
lukranit [14]

Answer:

A). determines groups and assigns work activities

Explanation:

Organizing is the function of management that allows development of an organizational structure and allocate the work activities to ensure the completion of objectives.

The managing activity of organizing determines the groups suitable for the objective and the assign task or work on the basis of skills and other parameters to the groups.

Hence, the correct answer is "A)".

4 0
2 years ago
When is a bond's par value generally repaid?
mote1985 [20]
At maturity.........................
7 0
3 years ago
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Which approach suggests that a manager believes that employees should be involved in both defining problems and in designing the
morpeh [17]

According to McGregor's Theory Y method, a manager might think that workers ought to be involved in both problem-solving and problem-definition.

One of the theories that has a significant impact on both management and employees is McGregor's theory. Additionally, McGregor's descriptions of two different theories, namely Theory X and Theory Y, are further explained below along with each theory's central tenets.

According to Theory Y, a manager's positive perception of their team problem-solving members will increase employee motivation. Managers erroneously McGregor's Theory Y believe that a decentralized approach that strengthens teamwork, collaboration, and trust can address employee demotivation.

Contrary to Theory X, this theory holds that managers do not believe that  problem-solving control motivates workers. The team members must be motivated by McGregor's Theory Y meeting their needs for social interaction, self-actualization, and self-esteem.

Learn more about McGregor's Theory Y  here

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6 0
1 year ago
The current spot exchange rate is $1.55/€ and the three-month forward rate is $1.50/€. You enter into a short position on €1,000
Ugo [173]

Answer:

A. Lost $100

Explanation:

Short position refers to a trading technique which involves selling the currency for it to buy later and make a profit.

To calculate the loss if you don't have a forward contract:

Your loss will be

= €1,000 x ($1.50/€ - $1.60/€)

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7 0
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A system that keeps only a fraction of funds on hand and lends out the remainder
GarryVolchara [31]
Fractional reserve banking
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