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Serjik [45]
3 years ago
14

In the normal operation of business, you receive a check from a customer and deposit it into your checking account. With your ba

nk statement you are advised that this check for $775 is "NSF." The bank also informs you that due to the amount of activity on your business account the monthly service charge is $75. During a bank reconciliation, you will
Business
1 answer:
Basile [38]3 years ago
5 0

Answer:

B. Subtract both values from balance according to books.

Explanation:

There is an option below the question ask for details

The NSF and service charges are recorded in the bank statement and to balance it should be recorded in books as well. So these two items would be deducted from the books so the book balance will be got reduced

As bank reconciliation means the balance of bank and the balance of cash should be equal and balanced

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In 2019, Alliant Corporation acquired Centerpoint Inc. for $548 million, of which $98 million was allocated to goodwill. At the
ohaa [14]

Answer:

$48 million

Explanation:

In this scenario, we compare the values between book value including goodwill and the fair value of machinery, the difference would be the loss on impairment of the asset

In mathematically,  

= Book value including goodwill - fair value  

= $450 million - $402 million

= $48 million

All other information which is given is not relevant. Hence, ignored it

6 0
3 years ago
To prevent problems, companies that enlist customers as co-producers must do all of the following except _____ .
UkoKoshka [18]

Answer:

If I were to guess it would be D sorry if its wrong

5 0
2 years ago
Crane Company on January 1, 2018, granted stock options for 63000 shares of its $10 par value common stock to its key employees.
attashe74 [19]

The amount of compensation expense Crane should record for 2017 under the fair value method is $207000

<u>Solution:</u>

From the given,

Stock options for 63000 shares

$10 par value common stock

$25 per share and the option price was $20

Total compensation expense = $627000

On calculating we get,

\Rightarrow\frac{627000}{3}= \$207,000

We can conclude that there is $207,000 decrease. Therefore, the correct answer is option c.

3 0
3 years ago
One of the three chief sources for dissatisfaction in the workplace is
kicyunya [14]
The lack of opportunity ti be one's boss
5 0
3 years ago
A company pursuing vertical integration can gain market power over its competitors through all of the following EXCEPT: a. avoid
Helen [10]

Answer:

B. Improved adjustment to technological changes.

Explanation:

Vertical Integration: It is a strategy to gain competitive advantage by taking complete control over a few stages of production or distribution. The company implements vertical integration to reduce the cost of production, reduce dependence on others, improve the quality of the product, etc.

In the given case, the company pursuing vertical integration can gain market power over its competitors through improved quality, reduction in cost, and reduction in operation cost, however, it does not improve adjustment to technological changes.

3 0
3 years ago
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