In my last job, I led complex negotiations that dealt with the cost, size, and/or scope of the deal. True or false

The cash records of Crane Company show the following. For July:

ad-work [718]

Answer:

A. $3,560

B. $3,430

C. $4,120

D. $3,730

Explanation:

A. Calculation for the deposits in transit at July 31

July 1 Deposit in transit=$18,550 - ($15,720 - $730)

July 1 Deposit in transit=$18,550-$14,990

July 1 Deposit in transit= $3,560

Therefore the deposits in transit at July 31 were $3,560

B. Calculation for the outstanding checks at July 31

July 31 Outstanding checks=$18,540 - ($16,020 - $910)

July 31 Outstanding checks=$18,540-$15,110

July 31 Outstanding checks= $3,430

Therefore the outstanding checks at July 31 were $3,430

C. Calculation for the deposits in transit at August 31

August 31 Deposits in transit=$27,280 - $26,010 + $2,850

August 31 Deposits in transit= $4,120

Therefore the deposits in transit at August 31 were $4,120

D. Calculation for the outstanding checks at August 31

August 31 Outstanding checks=$24,460 - $23,110 + $2,380

August 31 Outstanding checks= $3,730

Therefore the outstanding checks at August 31 were $3,730

6 0

3 years ago

Why is international trade important to most countries?

Firdavs [7]

The answer to your question is D

6 0

3 years ago

Read 2 more answers

A company has 800 bonds outstanding with a par value of $1,000 and priced at 95% of par. It also has 40,000 shares of common sto

alisha [4.7K]

Answer:

Bonds = 24%

Shares = 76%

Explanation:

The weight of each of the finance sources is the proportion that their market value bears to the total market value.

This is computed as follows:

$

Market value of bonds= 95%× 1,000× 800= 760,000

Market value of shares = 60× 40,000= 2,400,000

Total market value 3,160,000

Bonds = 760,000/3,160,000× 100= 24%

Shares = 2400000/3,160,000× 100= 76%

7 0

3 years ago

Kevin conducted a study on whether the length of the line at a local Starbucks affected how well the customers enjoyed their cof

Sergeeva-Olga [200]

His study had a high level of replicability.

Replicability is, in psychology and other experiments, the ability for the study to consistently produce the same results when conducted multiple times with the exact same procedure. If Kevin was able to conduct his experiment and Malcolm was also able to follow the same procedure and find the same results, then his study is highly replicable.

3 0

3 years ago

Slapshot Company makes ice hockey sticks and sold 1,890 sticks during the month of June at a total cost of $378,000. Each stick

Grace [21]

Answer:

Slapshot Company

Income statement for the month of June

Sales ( 1,890 x $360) $680,400

Less Costs of Sales ($378,000)

Gross Profit $302,400

Selling Costs :

Commissions $68,040

Other Selling Expense $64,700

Administrative Expense $53,800 ($186,540)

Net Income $115,860

Explanation:

The Income statement shows the Profit earned during the reporting period. This is determined as Gross Profit (Sales - Cost of Sales) minus the Operating Expenses.

6 0

3 years ago