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mezya [45]
3 years ago
6

Thompson Company’s ending cash balance is $950, before adjusting items. The only adjusting items were: $25 service charge NSF ch

eck for $200. $300 deposit is in transit outstanding checks total $450. What was Thompson Company’s unadjusted bank balance on the bank statement?
Business
1 answer:
user100 [1]3 years ago
4 0

Answer:

What was Thompson Company’s unadjusted bank balance on the bank statement?

Bank Balance 1275

Explanation:

Ending cash balance 950

 

Service charge -25

NSF Check 200

Deposit is in transit -300

Oustandings checks 450

 

Bank Balance 1275

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iogann1982 [59]

Answer:

The correct answers are letters "A", "D", and "E": Use a business letter format; Send a separate letter to each interviewer; Mention something you liked about the interview.

Explanation:

A <em>job interview </em>does not end after leaving the prospective company where you could work. Most organizations decide to choose one applicant over another if they contact their interviewers after the interview. For that purpose, that last contact must be a <em>formal letter stating what your impressions are of the company and why you are still interested in obtaining the job position</em>. Besides, if there was more than one interviewer, <em>a unique letter should be addressed to each of interviewer</em>.

3 0
3 years ago
A corporate bond has a face value of $1,000 and a coupon rate of 9.5%. The bond matures in 12 years and has a current market pri
joja [24]

Answer:

5.71%

Explanation:

The after tax cost of debt=pretax cost of debt*(1-t)

where t is the tax rate of 35% or 0.35

pretax cost of debt=yield to maturity

The yield to maturity can be determined using rate formula in excel as below:

=rate(nper,pmt,-pv,fv)

nper is the number of coupon interest payable by the bonds i.e 12 coupons in 12 years

pmt is the annual coupon=$1000*9.5%=$95

pv is the current market price-flotation cost=$1,100-$48=$1052

fv is the face value of $1000

=rate(12,95,-1052,1000)=8.78%

After tax cost of debt=8.78% *(1-0.35)=5.71%

6 0
3 years ago
Jim is in market Forbes a car that will last hombre 10 years and has saved up some money for the purpose of a car. What's the be
Rudik [331]
Ok this question is poping up a lot and I need to know if there are any options to choose from.
3 0
3 years ago
Newton, Inc. just paid an annual dividend of $0.95. Their dividends are expected to increase by 4% annually. Newton Company stoc
Eduardwww [97]

Answer:

The required rate of return is 12.2%

Explanation:

Dividend growth model is used to calculate the price of the stock based on the dividend, its growth and required rate of return.

Formula to calculate the price

Price = Dividend / ( Required rate of return - Growth rate )

P = D / ( r - g)

P = $11.54

D = $0.95

g = 4%

Now placing the given values in the formula

$11.54 = $0.95 / ( r - 4% )

r - 4% = $0.95 / $11.54

r - 4% = 8.2%

r = 8.2% + 4%

r = 12.2%

8 0
4 years ago
Leaper Corporation uses an activity-based costing system with the following three activity cost pools: Activity Cost Pool Total
NNADVOKAT [17]

Answer:

Order processing= $930 per order

Explanation:

<u>First, we need to calculate the estimated costs for order processing:</u>

Order processing cost= (380,000*0.3) + (150,000*0.45) + (170,000*0.3)

Order processing cost=$232,500

<u>Now, we can calculate the activity rate:</u>

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Order processing= 232,500 / 250

Order processing= $930 per order

8 0
3 years ago
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