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Margarita [4]
3 years ago
11

The following information is available for Juno Company for the month ending June​ 30, 2019. ​* Balance as per the bank statemen

t is $ 11 comma 500. ​* Balance as per books is $ 10 comma 200. ​* Check​ #506 for $ 1 comma 400 and check​ #510 for $ 700 were not shown on the June​ 30, bank statement. ​* A deposit in transit of $ 2 comma 815 had not been received by the bank when the bank statement was generated. ​* A bank debit memo indicated an NSF check for $ 100 written by Jane Smith to Juno Company on June 13. ​* A bank credit memo indicated a note collected by the bank of $ 2 comma 100 and interest revenue of $ 50 on June 20. ​* The bank statement indicated service charges of $ 35. What is the adjusted book​ balance?
Business
1 answer:
attashe74 [19]3 years ago
3 0

Answer:

$12,215

Explanation:

The computation of the adjusted book balance is shown below:  

Balance as per books = $10,200

Add: Note collected by bank $2,100

Add; Interest revenue $50

Less:

Service charges -$35

NSF check - $100

Adjusted book balance = $12,215

We simply added and deducted the items so that the adjusted book balance could arrive

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In a make-or-buy decision, a. the company must choose between expanding or dropping a product line. b. the company must choose b
Travka [436]

Answer:

Correct option is (c)

Explanation:

Make-or-buy decision is a form of strategy to analyse if a product must be manufactured internally or sourced from outside suppliers.

Cost and benefits related to the product being produced internally or outsourced is studied and compared before arriving at a decision. If cost of producing and storing goods are less as compared to the cost incurred in outsourcing, then decision to make will be taken and vice-versa.

So, make-or-buy decision involves considering relevance of purchase price of goods sourced externally.

6 0
3 years ago
Longley Trucking is issuing a 20-year bond with a $2,000 face value tomorrow. The issue is to pay an 8% coupon rate, because tha
Katen [24]

Answer:

Longly will receive $1,817.43 from selling the bond.

Explanation:

As the coupon rate is 8%; we have annual coupon payment = 2,000 x 8% = $160.

The price of the bond Longly will receive is equal to the present value of 20 annual coupon payment plus the present value of $2,000 face value repayment in 20 years time; with the two streams of cash flow discounting at the market rate at the date of issuing 9%; which is calculated as:

[ ( 160/9%) x [ 1 - 1.09^(-20) ] ] + ( 2,000 / 1.09^20 ) = $1,817.43.

So, the answer is $1,817.43.

7 0
3 years ago
Type the correct answer in the box. Spell all words correctly.
frosja888 [35]

Answer:

After-sales service

Explanation:

After-sales service are all the efforts of a business to keep its clients happy and satisfied with the products they have purchased. It is providing care to customers after they have made purchases from the business. After-sale service help in retaining and building loyal customers.

Some of the techniques used in after-sales service include

  • Keeping in touch with customers after purchases
  • Responding to customer queries either on call, emails, or customer visit
  • Offering technical supports when a customer is facing challenges like in the scenario described above
3 0
2 years ago
Read 2 more answers
The general willingness of consumers to purchase a product at various prices is __________.
Wittaler [7]
Demand.

If you found this especially helpful, I'd appreciate if you'd vote me Brainliest for your answer. I want to be able to assist more users one-on-one, as well as to move up in rank! :)
4 0
2 years ago
You are a self-employed profit-maximizing consultant specializing in monopolies. Five firms are currently seeking your advice, a
djverab [1.8K]

Answer:

The answer is option A) The short run recommendation for a monopolistic firm is to remain at the current output level

Explanation:

In the short run, monopolistic firms could record losses but still continue to run in anticipation of a sustainable profit in the long run.

A self-employed profit-maximizing consultant specializing in monopolies understands that the short run losses experienced in a monopoly is also an advantage in that it reduces the participation of more players in the same industry/ market segment.

The best recommendation would be to remain at the current output level during the short run to cut losses, sustain patronage and then develop a long term strategy that will guarantee profitability in the long run.

6 0
3 years ago
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