Answer:
This likely mean that a small business will have a harder time getting what they need for there business
Explanation:
Because if retail prices go up the smaller business might not have enough money to buy certain things then need or want
Answer:
$178
Explanation:
Given that,
Firm's projected next year quarterly sales:
Quarter 1 = $960
Quarter 2 = $890
Quarter 3 = $980
Quarter 4 = $1,050
Beginning accounts receivables = $212
Collection period = 18 days
Collection in current quarter:
= (90 - Receivable period) ÷ 90
= (90 - 18) ÷ 90
= 0.80
Accounts receivable at the end of current quarter:
= 1 - Collection in current quarter
= 1 - 0.80
= 0.20
Accounts receivable at the end of quarter 2:
= Accounts receivable at the end of current quarter × Sales in quarter 2
= 0.20 × $890
= $178
Answer:
the reconciliated bank statement will be for 2,679.45
Explanation:
bank balance 3,481.55
deposit in transit 12.90
outstanding checks (815)
adjusted bank 2,679.45
account balance 2,715.83
services change 1.02
fees (37,40)
adjusted account 2679,45
Answer:
AHHHHHHHHHH Thats alot of hard questions
Explanation:
