Do you have to make payments on federal student loans while you’re in school?

On October 31, 2021, Damon Company’s general ledger shows a checking account balance of $8,415. The company’s cash receipts for

Slav-nsk [51]

Answer:$14,425

Explanation:

Adjusted cash balance:

Balance as per cashbook: $8,415

Add note receivable: $5,600

Add interest earned: $620

Less bank service fees: ($210)

Adjusted cash balance: $14,425

Bank Reconciliation statement:

Adjusted cash balance: $14,425

Add outstanding checks($72,485-$71,090): $1,395

Less uncredited checks($74,440-$71,325): ($3,115)

Less Bank Error: ($540)

Balance as per bank statement: $12,165

7 0

3 years ago

Green Corporation reported pretax book income of $1,000,000. During the current year, the net reserve for warranties increased b

Dmitry_Shevchenko [17]

Answer:

Green's cash tax rate is 19.425%

Explanation:

The cash tax rate is the taxes payable divided by pretax book income. Green's taxable income is $925,000 ($1,000,000 + $50,000- $100,000 - $25,000). Taxes payable on taxable income is $194,250. The cash tax rate is 19.425% {$194,250/$1,000,000}.

6 0

3 years ago

On January 1, Applied Technologies Corporation (ATC) issued $550,000 in bonds that mature in 10 years. The bonds have a stated i

AVprozaik [17]

Answer:

$550,000

Explanation:

Data provided in the question

Issued amount = $550,000

Time period = 10 years

Stated interest rate = 12%

Market interest rate = 12%

Based on above information, as we can see that the stated interest rate is equal to market interest rate i.e 12% which reflects that it issued at par i.e face value

So in this case, the amount received at issuance is equal to the issued amount i.e $550,000

3 0

2 years ago

Laurel, the manager of a software company, assumes that the male employees in her organization are more creative and innovative

ehidna [41]

Answer:

<em>Stereotyping</em>

Explanation:

Stereotyping means making an assumption, which might not be true about an individual or a group of people by another person or group. Stereotyping occurs when the individual fails to do in-depth research about the person he/she is making assumptions about. Stereotyping can be neutral positive or negative.

<em>Laurel is just making assumptions about her male employees been more creative than their female counterpart creativity. Laurel doesn't have fact to back this up, therefore laurel is stereotyping female employees in her organization.</em>

5 0

3 years ago

Suppose that Greece and Switzerland both produce oil and shoes. Greece's opportunity cost of producing a pair of shoes is 4 barr

Iteru [2.4K]

Answer:8 barrels of oils per pair of shoe

Explanation:Greece and swizerland will need an average price by which they can both gain from trade.To ascertain the average price is by adding the 4 barrels of oil which Greece can forfeit and the 10 barrels of oil which Switzerland could also forfeit if it were into producing shoes.10+ 4 = 14/2 which almost 8 barrels to be given in exchange in other ensure a fair trade between both trading partners.

8 0

3 years ago