Answer:
Explanation: from the above question, the total of cash and cash equivalent to be recorded in the balance sheet includes all cash balances in the bank and cash balance in the petty cash account.
From the above question, the cash and cash equivalent balance as at April 30 is $1,000 plus all bank balances as at that date.
Answer:
Option A
Explanation:
A Novation is a form of contract in which the original contract is substituted by a replacement contract where by the new party agrees to accept all the debts to be paid as a part of the original contract.
In other way the original contracting party give all the rights and obligations to the new party
Hence, Option A is correct
Capacity is constrained when demand exceeds supply and the flow rate is equal to process capacity. The capacity constraint<span> is a factor that prevents a business from achieving more output. </span><span>
If capacity is constrained, we should raise the staffing level to lower capacity.</span>
To determine the standard deviation of the number of people who suffer from insomnia, you need to use the following formula:
= sqr of npq
= √10,200 people in the community x 0.6 people who suffer from insomnia x 0.91 = ?
= √10,200 x 0.6 x 0.91 = <span>√55.143 = 7.43
= 7.43</span>
Answer: c. They would do better charging $15 than $10.
Explanation:
It is given that Max and Maddy total cost of car parking remains the same, that is it does not matter whether they have seven or five cars parked on their lawn. So, since total cost is constant, Max and Maddy's decision would depend on total revenue.
Total revenue from charging, $10 is $70,
Total revenue from charging $15 is $75.
Since, total cost is constant, Max and Maddy will choose to charge $15 since it is giving them $5 more.
