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Leni [432]
3 years ago
14

A company has the following loan activity—Additional loan from bank: $19,000; Ending cash

Business
1 answer:
Bingel [31]3 years ago
3 0

Answer:

Preliminary cash balance =  - $13,400.

Explanation:

We know,

Cash at hand = Preliminary cash balance + Additional borrowings from bank.

Given,

Cash at hand = $5,600

Additional borrowings from bank = $19,000

Putting the values into the formula, we can get

Cash at hand = Preliminary cash balance + Additional borrowings from bank

Or, $5,600 = Preliminary cash balance + $19,000

Or, $5,600 - $19,000 = Preliminary cash balance

Or, Preliminary cash balance =  - $13,400.

Therefore, the company had no cash at the beginning; rather, they had to use other people's money.

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Answer: Sample selection bias

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Bias is an inclination towards or a prejudice against one or more parties or factors in an experiment or a Research.

SAMPLE SELECTION BIAS IS ONE OF THE MAIN CAUSES OF POOR OR WRONG OUTCOMES DURING A RESEARCH OR AN EXPERIMENT.

3 0
3 years ago
In an economy where heating oil is the primary source of heat for most households, new supplies of natural gas, a substitute for
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Answer:

Price Decreases & Quantity Decreases

Explanation:

As a result of the discovery of an alternative which is cheaper, consumers increase demand for natural gas. The demand for heating oil would fall. This would lead to a fall in price and quantity.

I hope my answer helps you

8 0
3 years ago
If omar company applies overhead to jobs on the basis of direct labor hours and job 3 took 120 hours, how much overhead should b
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3 years ago
4) All of the following are true of known liabilities except:A) Include accounts payable, notes payable, and payroll.B) Are obli
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Answer: E) May depend on some future event occurring. It is not a characteristic of known liabilities.

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Known liabilities <u>are definitely determinable and measurable.</u>

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3 0
3 years ago
Northrup-Grumman Corporation is expected to pay $1.25 per share for its next dividend. If shares are trading at $27.22 and analy
hammer [34]

Answer:

the  return on common shares is 6.99%

Explanation:

The computation of the return on common shares is shown below:

= Dividend ÷ Stock price + growth rate

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hence, the  return on common shares is 6.99%

We simply applied the above formula so that the correct value could come

And, the same is to be considered

3 0
2 years ago
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