A check for which a maker's bank account has inadequate money to pay the check is known as _______

According to the article by Hutchinson, Farris and Anders (2007), cash-to-cash analysis is difficult because financial data and

Margarita [4]

Answer:

False

Explanation:

"Cash-to-cash Analysis and Management" by Hutchinson, Farris and Anders talks about the availability of the financial data and computer technology in assisting a business when it comes to determining its cash-to-cash position (C2C), as well as the benchmarks needed for comparison.

Cash-to-cash analysis was difficult in the past, however, it is easier nowadays. The supply chain is even examined at a broader view than before. C2C efficiency is possible by utilizing the readily available financial date and computer technology. So, this makes the statement above as "false."

So, this explains the answer.

6 0

2 years ago

The sales for January, February, and March are $150,000, $180,000 and $220,000, respectively. For any particular month of sa

Gekata [30.6K]

Answer:

Total cash= $193,000

Explanation:

Giving the following information:

Estimated sales ($):

January= $150,000

February= $180,000

March= $220,000

40% in cash from that same month of sales

50% in cash from the previous month's sales

10% in cash from the sales from two months ago

Cash collection March:

From March= 220,000*0.4= 88,000

From February= 180,000*0.5= 90,000

From January= 150,000*0.1= 15,000

Total cash= $193,000

3 0

2 years ago

If a firm has a required rate of return equal to the ROE, Group of answer choices the firm can increase market price and P/E by

mario62 [17]

Answer:

the amount of earnings retained by the firm does not affect market price or the P/E

Explanation:

A rate of return refers to the net gain or loss of an investment over a particular time period which is typically a year. It is expressed as a percentage of the investment's initial cost.

The rate of return is referred to as the annual return if the time period is typically a year.

If a firm has a required rate of return equal to the ROE, the amount of earnings retained by the firm does not affect market price or the P/E

8 0

3 years ago

Hitzu Co. sold a copier (that costs $7,500) for $15,000 cash with a two-year parts warranty to a customer on August 16 of Year 1

worty [1.4K]

Answer:

1.Warranty expense

$ 750

2.Estimated warranty liability

$ 750

3. Warranty Expense $ 0

4.

Estimated warranty liability

$ 626

5. Hitzu Co. Journal entries

Aug 16

Dr Cash 15,000

Cr Sales 15,000

Aug 16

Dr Cost of goods sold 7500

Cr Merchandise inventory 7500

Dec 31

Dr Warranty expense 750

Cr Estimated Warranty liability 750

Dec 31

Dr Estimated warranty liability 124

Cr Repair part inventory 124

Explanation:

1.

Warranty expense 5% of dollar sales

= 5% × $15,000 = $750.

2.

The December 31, 2017, balance of the liability equals the expense because no repairs are provided in 2017. Therefore, the ending balance of the Estimated Warranty Liability account is $750.

3.

The company should report no additional warranty expense in 2018 for this copier.

4.

The December 31, 2018, balance of the Estimated Warranty Liability account equals the 2016 beginning balance minus the costs incurred in 2018to repair the copier:

Beginning 2016 balance $ 750

Less parts cost (124)

Ending 2018 balance $626

4 0

2 years ago

A stock with a beta of 0.8 has an expected rate of return of 12%. If the market return this year turns out to be 5 percentage po

Sunny_sXe [5.5K]

Answer:

The correct answer is: The expected rate of return for the stock would be around 7%.

Explanation:

The Beta coefficient is a numeral measure that portraits the volatility of a stock compared to the overall market performance. If a stock's beta is closed to the numerical value one (1) it implies it is highly correlated to the price movement of the overall market.

In that case, if a stock's beta is 0.8 it implies it follows the market price movements. If the stock expected rate return is 12% but the market return turns out to be 5% points below expectations, it means the stock's return would end up being around 7%.

8 0

2 years ago

A check for which a​ maker's bank account has inadequate money to pay the check is known as​ ________.

A check for which a maker's bank account has inadequate money to pay the check is known as ________.