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Jet001 [13]
2 years ago
9

At the beginning of the day, a company has a cash balance of $11,450 and no float. During the day, the company wrote three check

s for $640, $975, and $1,340. The company also deposited checks for $1,205 and $1,880. What is the company's disbursement float?
Business
1 answer:
Naily [24]2 years ago
8 0

Answer:

$2955

Explanation:

company's disbursement float is basically the money that the company has written check for but not yet paid from the bank account. In this case it is $640,$975,$1340 and their sum = $2955

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he auditors have some uncertainties, but these uncertainties are not so material that they cannot form an opinion on the fairnes
ddd [48]

Answer:

D. The auditors cannot form an opinion on the fairness of presentation of the financial statements as a whole.

Explanation:

The issue of a disclaimer of opinion normally represent that the auditor could not able to form the opinion on the fairness of the financial statements that shows the financial position and the condition of the company.

He is not able to give his opinion for the company financial statements

So, the last option would be correct

And, the rest of the options would be incorrect

6 0
3 years ago
The supply of aged cheddar cheese is inelastic, and the supply of bread is elastic. Both goods are considered to be normal goods
Kryger [21]

Answer:

D) a decrease in both the aged cheddar cheese and bread markets.

Explanation:

A 10% income tax increase will shift the aggregate demand curve to the left, reducing total demand. This should affect both necessities and luxury goods.

In this case, the demand curve for both aged cheddar cheese and bread will shift to the left, reducing the total quantity demanded at every price level. This will result in a lower equilibrium price for both goods.

3 0
3 years ago
what circumstances could impact a business ability to share their profits with non profit organizations​
Juli2301 [7.4K]

A non- profit organisation cannot gain profit from the business.

Explanation:

In case of non profit organisation the main aim is to help with health care as well as education. Non- profit organisation is important because it helps in building healthy communities and it also helps in maintaining mobility and stability.They help in strengthening communities as well as non profit leader acted as people's voice.

The circumstances that impact a business ability to share their profits with non profit organisations are the non profit organisation acts as a pulse for the community, non profit organisation helps to develop corporate culture, the volunteers grow as organisation grows.

8 0
3 years ago
Assume Joe Harry sells his 25% interest in Joe's S Corp., Inc. to Tyrone on January 29. Using the specific identification alloca
WARRIOR [948]

Answer:

The $29,000 is the income which does harry report

Explanation:

Special identification allocation method: Under this method, the allocation is done on the basis of days, weeks, etc to know how much inventory is left on the particular date.

First we have to calculate the income of one day so that we can easily compute for the 29 days. The calculation is shown below.

One day income = Total income ÷ Number of days in a year

                            = $1,460,000 ÷ 365 days

                            = $4,000

Now,the income is

= one day income × 29 days × rate if interest

= $4,000 × 29 × 25%

= $29,000

Thus, the $29,000 is the income which does harry report

4 0
3 years ago
In a republic, elected officials create
s2008m [1.1K]
They make laws to regulate the economy. Hope this helps :)
6 0
3 years ago
Read 2 more answers
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