Answer:
the ending cash balance is $330,300
Explanation:
The computation of the ending cash balance is shown below:
Ending cash balance = Opening cash balance + Profit
= $270,000 + (9% × $670,000)
= $270,000 + $60,300
= $330,300
We simply added the opening cash balance and the profit so that the ending cash balance could come
Hence, the ending cash balance is $330,300
Answer:
The statement is: False.
Explanation:
Managers must <em>make decisions based on facts and support data</em> -such as the accounting books of the company- since those sources provide <em>objective information</em> on what is happening in regards to the organization. Even if they might be allowed to follow their instinct in taking risky investment decisions, a <em>study </em>must be made before taking a step forward to analyze what the best output could be.
Thus, guessings and personal points of view are not enough for managers to conduct business.
knowing how to work with heavy machinery
The things which Jamie Lee <em>might expect</em> as far as reliability and a warranty on the used car is:
- No factory fault
- Low mileage
- Accident free, etc.
<h3>What is a certified pre-owned vehicle?</h3>
This refers to a fairly used car which has been certified by factory standards that has been accident free and has very low mileage and is expected to work without much problems.
With this in mind, we can see that because Jamie Lee has decided to purchase a pre-owned vehicle, the things which she would expect in terms of reliability and warranty is that it should give her little to no problems
Read more about pre-owned vehicle here:
brainly.com/question/2450677