Bank balance and check book balance should always be the same but in case if there is some differences, it might be possible that certain amount is not recorded or missed either by bank or check book balance, hence the books should be reconciled.
The reconcile statement above should be:
Balance as per bank statement:
Add: Deposits in transit:
Less: Outstanding checks recorded in check book and not recorded in bank book.
Reconcile balance in the books of bank.
The image attached shows the reconciliation .
Balance as per cash book:
Less: Service charge deducted by bank but not recorded in check book
Add: Interest earned not recorded in check book
Reconcile Balance as per cash book.
The image is attached.
<span>1 candy cost 1
2 candies cost 1+.50=1.50 ( here D is not an integer, hence we cannot buy 2 candies . so we can reject all cases where D is non Integer)
3 candies cost 1.50 +1 =2.50
4 candies cost 2.50+.50= 3
5 candies cost 3+1= 4
6 candies cost 4+.50= 4.50
7 candies cost 4.50+1=5.50
8 candies cost 5.50.+.50= 6
9 candies cost 6+1= 7
.....
13 candies cost =10
(i) D is prime
D=3 and N=4 (N is even)
D=7 N=9 (N is odd )
not sufficient
(ii) D is not Divisible by 3
D=1 N=1
D=4 N =5
D=7 N=9
D=10 N=13
so we see if D is not divisible 3 then N is always odd.</span>
Answer:
The Net Present Value is - $20324
Explanation:
We can use our financial calculator to work out the NPV using the cashflows from the different periods and using the discount rate given. Which is 18%.
We have 11 periods. Starting off with CF 0. ( CF = cashflow ) We will work in Thousands to make it easier to read and compute. $ ' 000
CF 0 Machine Investment (750) Working Capital Investment (25) Total=(775)
CF 1 160 inflow
CF 2 160 inflow
CF 3 160 inflow
CF 4 160 inflow
CF 5 160 inflow
CF 6 160 inflow
CF 7 160 inflow
CF 8 160 inflow
CF 9 160 inflow
CF 10 160 inflow
CF 11 160 inflow. 35 salvage value from machine. Working capital 25. Total Cashlow = 220
We now use our financial calculator and input these amounts into the calculator.
We start of by entering the data and hitting ENT and do so for every Cash flow. At the end we press 2nd function CFI on our calculator. We then enter the discount rate of 18%. and press down button to get to NPV and then press COMP.
We get an answer of -20,32400407
We now need to put the amount into thousands. Thus = -20324,004
rounded to the nearest dollar we get - $ 20324
Answer:
$150,000×20,000=3.000.000.000
Explanation:
3.000.000.000÷10=300.000.000 years
Emma's taxable property value should be $600,000 since her taxes will be based on the assessment not the appraisal and also because she gets the $50,000 tax reduction so therefore to reiterate she will be taxed on only the $600,000.
