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MAVERICK [17]
3 years ago
13

The balance of Chiaki's average balance checking account at the beginning of the last cycle was $100, and the only transaction f

or the cycle was a check that Chiaki wrote for $20, which cleared exactly halfway through the cycle. On what amount did Chiaki's checking account pay interest last cycle?
Business
2 answers:
e-lub [12.9K]3 years ago
4 0
<span>She had $100 for the first half through the cycle.

</span><span>Chiaki wrote a cheque for $20.
</span>
Now she had $80 for the second half through the cycle.

Therefore:

Amount = (1/2) × 100 + (1/2) × 80 

Amount = 50 + 40 

Amount = $90
Ne4ueva [31]3 years ago
3 0
The correct answer is $90
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Following up on bad news in writing is important to _________. a. promote good relations b. formally confirm follow-up procedure
Tanzania [10]

Answer:

a. promote good relations

b. formally confirm follow-up procedures

c. establish a record of the incident

Explanation:

If we follow up with the bad news in written form so it is important for promoting the goods relations with the clients or customers, confirming the follow-up procedures with respect to clients or customers, plus it also develops the record of the incident but it does not important to achieve for all of the purposes

Therefore the correct option is a, b and c but not d

5 0
2 years ago
QUESTION 1 When several alternative investment proposals of the same amount are being considered, the one with the largest net p
Yuri [45]

Answer:

The answer is option B) If the alternative proposals involve different amounts of investment, it is useful to prepare a relative ranking of the proposals by using a present value index.

Explanation:

Present Value Index is a used to measure the feasibility and efficiency of investment options.  It is the ratio of the Net Present Value of a project to the initial option required for it.

When several alternative investment proposals of the same amount are being considered, the one with the largest net present value is the most desirable.

However, If the alternative proposals involve different amounts of investment, it is useful to prepare a relative ranking of the proposals by using a present value Index.

3 0
3 years ago
What are the four main distinctions between universities and liberal arts colleges?
AnnZ [28]

Answer:

according to what i  had read

Explanation:

What is the difference between liberal arts college and a university?

The main difference between liberal arts college majors and university majors is that liberal arts schools generally offer one expansive area of study, whereas at universities, the same major may be broken into two or more degree tracks. ... They can major in mathematics and still end up in an engineering career.

A liberal arts college or liberal arts institution of higher education is a college with an emphasis on undergraduate study in the liberal arts and sciences. ... Most liberal arts colleges outside the United States follow this model.College vs. University

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8 0
2 years ago
The margin of safety is the amount that sales can drop before the company incurs a loss.
torisob [31]

a.true

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read the question aloud and it will make sense.

4 0
2 years ago
Jeffreys Company reports depreciation expense of $40,000 for Year 2. Also, equipment costing $240,000 was sold for a $10,000 los
Daniel [21]

Answer:

Computation of cash received from the sale of the equipment:

D. $58,000.

Explanation:

Computation:

Sale of Equipment Account

Equipment account   $240,000

less acc. depreciation  172,000

Net book value           $68,000

less loss on sale            10,000

Cash received            $58,000

Equipment Account

Year 1 balance         $750,000

Year 2 balance           510,000

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Accumulated Depreciation:

Year 1 balance         $500,000

Year 2 balance          328,000

Sale of equipment   $172,000

b) The sale of the equipment caused a loss of $10,000.  The net book value of the equipment is $68,000.  This implies that it was sold for $58,000 ($68,000 - $10,000).  So, the cash received from the sale is $58,000.

7 0
3 years ago
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