Answer:
B. IT'S SHOWN AS A DEBIT MEMO
Explanation:
A bank creates a debit memo when it charges a company a fee on its bank statement, thereby reducing the balance in the company's checking account. Thus, if a bank account has a balance of $1,000 and the bank charges a service fee of $50 with a debit memo, the account then has a remaining balance of $950. Examples of charges that can cause debit memorandums are bank service charges, bounced (not sufficient funds) check fees, charges for the printing of check stock, and rental fees for the use of remote deposit capture scanners and software
Answer:
Create the following lists. There are ten names and five lists of test scores. The correspondence between the names and the test scores are determined by positions. For example, the test scores for Cindy are 67, 92, 67, 43, 78. Drop the lowest of the five test scores for each student and average the rest and determine the letter grade for that student. Make sure your printout is the same as mine with the same column widths
lowest of the five scores is 43
dropping the lowest, the we have= 67, 92, 67 and 78
Average the rest= 67+92+67+78/4
Average= 76
The grade is A irrespective of the grading point used
Explanation:
Answer:
Josefina is not maximizing her profits since she is making a loss of $0.25.
Explanation:
The marginal revenue is the total amount of revenue received from selling an additional unit of product while the marginal cost is the total cost incurred for producing an additional unit of product. The marginal cost and revenue can be compared to determine if producing and selling an additional unit is profitable or will cause a loss.
The profit/loss can be expressed as;
P/L=R-C
where;
P=profit
L=loss
R=total marginal revenue
C=total marginal cost
In our case;
P/L=unknown
R=marginal revenue per unit×number of units=1.50×1=$1.50
C=marginal cost per unit×number of units=$1.75×1=$1.75
replacing;
P/L=1.50-1.75=-$0.25
Since the marginal cost is greater than the marginal revenue, we can conclude that Josefina is making a loss of $0.25
Answer:
Explanation:
Data provided in the question:
Cost of chair P = $60
Cost of chair Q = $90
Number of chair P ordered = p
Number of chair Q ordered = q
Now,
Total number of chairs ordered
= Number of chair P ordered + Number of chair Q ordered
= p + q
Total cost of chairs ordered = $60p + $90q
Therefore,
Average cost of a chair
= [Total cost of chairs ordered ] ÷ [Total number of chairs ordered]
=
