The adjusted balance of Jessica for the month of October is $ 1033.76. In this method, monthly payment is deducted from the unlock balance, and purchase is not included in the balance.
<h3>What is the adjusted balance method?</h3>
With the adjusted balance method, the credit card company starts with the balance from the end of the last payment cycle and withdraws any payments made, and adds any credits sent to the account during the current cycle.
In the given information, to calculate the adjusted balance we will deduct the payments made from the beginning balance and ignore the purchases made for the month:
Hence, The correct answer is Option B.
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Answer:
Net cash flow from operating activities
$1,599,000
Explanation:
Pharoah Company
Cash flow from operating activities :
Net income $1,300,000
Net Cash flow from operating activities:
Add depreciation $208,000
Add accounts receivable decreased $455,000
Less accounts payable decreased ($364,000)
Net cash flow from operating activities $1,599,000
If there is a withdrawal of cash from a bank which does not go below the required reserves, the withdrawal will not change money supply but will reduce bank checkable deposits.
<h3>What does withdrawing from a bank do?</h3>
If one withdraws money from a bank, it will reduce the bank's checkable deposits as these are made of cash that was deposited by entities.
As regards total money supply however, these withdrawals will only have an impact if the withdrawal causes bank reserves to fall below the required reserves.
Find out more on required reserves at brainly.com/question/10684321.
Answer:
Therefore the required time period is 3 years.
Explanation:
To calculate the number of period we are using the following formula of future value
Future value = 
is cash flow at period 0= $ 35,00
r = rate of interest = 8.00% = 0.08
n= number of periods = ?
Future value = $44,089.92
Substituting the values in the formula
Therefore the required time period is 3 years.
The ability to meet short-term obligations and efficiently generate revenues is called Liquidity and efficiency.
When a financial asset or security may be quickly and easily converted into cash without depreciating in value, this is referred to as having liquidity.
In other words, the degree to which an asset may be swiftly purchased or sold on the market at a price representing its underlying value is referred to as liquidity. Due to its ease and speed of conversion into other assets, cash is regarded as the most liquid asset.
Business efficiency is the amount of output a firm or organization can create given the time, money, and resources available. In other words, a company's efficiency refers to how well it can turn resources like labor, capital, and raw materials into services and goods that generate income.
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