Answer:
D. $8,250
Explanation:
Calculation for how How much is the correct cash balance at the end of the month
Using this formula
Correct cash balance= Bank balance - Outstanding checks + Deposits in transit (}+ Bank error
Let plug in the formula
Correct cash balance =$8,000 - $500 +$1,000 + $250
Correct cash balance=$8,250
Therefore the correct cash balance at the end of the month will be $8,250
Answer:
An employee earns $6,250 per month working for an employer. The FICA tax rate for Social Security is 6.2% and the FICA tax rate for Medicare is 1.45%. The current FUTA tax rate is 0.8%, and the SUTA tax rate is 5.4%. Both unemployment taxes are applied to the first $7,000 of an employee's pay.
Explanation:
Answer: This can be explained as follows.
Explanation: A particular ratio can demonstrate the position of a company. For evaluating the position and position of a company the analyst should first compare the company with the industry average. The comparison with industry will imply whether company is in a surviving position or not.
Industry average may not give suitable results therefore comparison with core competitors should also be done.
A company having current ratio of 2.67 shows that such company have a sound financial condition as they have more than double of current ratios for paying their current liabilities .
Answer:
Occurs when a company issues bonds with a contract rate less than the market rate.
Explanation:
As we know that
The premium on bond payable arise when the company issued the amount more than the face value amount this result in high interest rate as compared with the market interest rate
While on the other hand, the discount on note payable arise when the issued amount is less than the face value that results in low interest rate as compared with the market interest rate
Hence, the first option is correct
Cheap labor and raw materials.
Margin generally occur when there is a capacity to produce more with cheap labor and enough raw material for the production.
In comparison to the developing countries, the capital investments flow from high wage core countries to low wage periphery regions. Wage employment is far less than the daily wage earners.
Labor changes occur in both the kind of wage rate and employment. Shifts take in case both high to low and low to high variations to maintain stability both between the production procedure, employment and labor ratio . All depends on the situation of the economy in a country.
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