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NeTakaya
2 years ago
14

At August 31, Kingbird, Inc. has a cash balance per books of $8,320 and the following additional data from the bank statement: c

harge for printing Kingbird, Inc. checks $50 and interest earned on checking account balance $46. In addition, Kingbird, Inc. has outstanding checks of $880. Determine the adjusted cash balance per books at August 31.
Business
1 answer:
german2 years ago
3 0

Answer:

$8,316

Explanation:

The computation of adjusted cash balance per books at August 31 is shown below:-

Adjusted cash balance per books at August 31 = Cash balance per books + Interest earned - Charge for printing Kingbird, Inc. checks

= $8,320 + $46 - $50

= $8,316

Therefore for computing the Adjusted cash balance per books at August 31 we simply applied the above formula and we have not considered the outstanding checks as it is not relevant.

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Tcecarenko [31]

The one that gives a higher flow rate is: 10 customers over 2 hours. The flow rate is 5 customers per hour.

Flow rate is defined as the number of flow units that pass through the business process per unit time.

The flow unit can be money, customers, products, parts, services, etc.

Example of flow rate is number of customers serviced per hour, number of parts produced per minute, etc.

From the definition, the flow rate can be expressed as:

             Flow rate = number of flow unit / time interval

There are 2 scenarios in the given problem.

  • Scenario 1:

Flow unit = 10 customers

Time interval = 2 hours

Hence, the flow rate in scenario 1 = 10/2 = 5 customers per hour

  • Scenario 2:

Flow unit = 10 customers

Time interval = 3 hours

Hence, the flow rate in scenario 2 = 10/3 = 3.33 customers per hour

By comparing the above scenarios, the one that gives higher flow rate is scenario 1, 10 customers over 2 hours.

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1 year ago
When investors give computer instructions to sell automatically to avoid potential losses if their stock price dips to a certain
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When investors give computer instructions to sell automatically to avoid potential losses if their stock price dips to a certain point, it is called program trading.

<h3>What is program trading?</h3>

Program trading is what create space or time for multiple trades to occur simultaneously.

It is an automated process that gives instructions to computers to sell when price of a stock goes down to prevent loss.

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Minden Company introduced a new product last year for which it is trying to find an optimal selling price. Marketing studies sug
wlad13 [49]

Answer:

The present yearly net operating income or loss is  - $90,000

Explanation:

The computation of present yearly net operating income or loss is shown below:

Net income / Net loss = Sales - Variable cost - Fixed cost

The sales - variable cost is equal to contribution

Than, Contribution - fixed cost = net income

where,

Sales = Present Sales volume × Selling price

         = 15,000 × $70

         = $1,050,000

Variable cost = Present volume × Variable cost per unit

                     = 15,000 × $40

                     = $600,000

And, fixed cost = $540,000

So, net income / loss = $1,050,000 - $600,000 - $540,000

                                   = - $90,000

Hence, the amount shows negative which means the company has suffered a loss of $90,000

Thus, the present yearly net operating loss is  - $90,000

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_____ is defined as the relationship between benefits and the sacrifice necessary to obtain those benefits.
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