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3 years ago

Prepare a bank reconciliation as of October 31 from the following information:

Business

1 answer:

kakasveta [241]3 years ago

3 0

Answer:

Bank Reconciliation Statement as of October 31

Particulars Amount Particulars Amount

Balance as per bank $350 Balance as per books $806

Add: Late deposit $433 Less: Returned checks $80

Less: Outstanding check $66 Less: Error recordings $9

($24+$42) ($65-$56)

Reconciled Balance $717 Reconciled Balance $717

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You are the production head and you decide to introduce a new product in your production line. Market survey reveals that price

Ne4ueva [31]

Answer:

the following table shows the profits generated by each output quantity, assuming selling price is Rs40. Since marginal costs of production are lower than selling price, the more you sell, the higher your profit. Profit is maximized at 1,000 units = Rs35,960

Explanation:

output variable costs fixed costs total revenue profits

0 00 620 0 (620)

100 280 620 4,000 3,100

200 480 620 8,000 6,900

300 640 620 12,000 10,740

400 820 620 16,000 14,560

500 1,040 620 20,000 18,340

600 1,300 620 24,000 22,080

700 1,620 620 28,000 25,760

800 2,020 620 32,000 29,360

900 2,620 620 36,000 32,760

1000 3,420 620 40,000 35,960

8 0

3 years ago

Suppose Nick would like to invest $10,000 of his savings.

sammy [17]

Answer:

1. Suppose TouchTech, a hand-held computing firm, is selling stocks to raise money for a new lab—a practice known as___project__ finance. Buying a share of TouchTech stock would give Nick____equity interest in____ the firm. In the event that TouchTech runs into financial difficulty, _____bonds_____will be paid first.

2. Correct statements:

a. Expectations of a recession that will reduce economy-wide corporate profits will likely cause the value of Nick's shares to decline.

c. An increase in the perceived profitability of TouchTech will likely cause the value of Nick's shares to rise.

d. Alternatively, Nick could invest by purchasing bonds issued by the government of Japan.

3. Assuming that everything else is equal, a bond issued by a government that is engaged in a civil war most likely pays a ___higher__ interest rate than a bond issued by the government of Japan.

Explanation:

When Nick purchases stock in the private company, he invests in the equity of the company. Project finance can be done through equity financing or debt financing. Equity financing gives Nick an equity interest in the TouchTech and a share in the decision-making of the business, whereas debt financing pays a fixed amount of interest periodically without a share in the decision-making of the company.

5 0

2 years ago

A client wishes to update their legacy system even though there have been no

maksim [4K]

If the client has not suffered any attacks, why is it still necessary to update their system because only businesses with older systems are targeted by attackers.

<h3>Why is it important to have a new security system?</h3>

Updates to systems, accounts, systems, and applications aren't just requested when there's a security breach on the system; in the case of apps or programs, the addition of new features and bug patches may prompt a developer update.

Thus, option A is correct.

For more details about important to have a new security system, click here:

brainly.com/question/22278398

#SPJ1

4 0

1 year ago

Who sells dragon scales? Ya know like the ones ya put on chainmail. I need to know like soon.

Phoenix [80]

So, after some research, I found something called ScaleMail. You can just do a google search for it and buy it off of Etsy or Amazon. It seems like pretty quality stuff. I'd love to see what you're gonna make with it!

4 0

2 years ago

Larry Ellison starts a company that manufactures high-end custom leather bags. He hires two employees. Each employee only begins

Degger [83]

Answer:

12.55 days

Explanation:

Provided information

Number of employees 2

Average production time=1.8 days

Standard deviation=2.7 days

Inter-arrival time= 1 day

Coefficient of variation= 1 day

Standard deviation of inter-arrival time= 1 day

The coefficient of variations

Inter-arrival coefficient of variation

$C_{vi}=\frac {\sigma}{T}$ where $\sigma$ is standard deviation of inter-arrival time, T is inter-arrival time and $C_v$ is coefficient of variation of inter-arrival time

$C_{vi}=\frac {1 day}{1 day}=1$

Production time coefficient of variation

$C_{vp}=\frac {2.7}{1.8}=1.5$

Total utilization time

$U=\frac {T}{n*T_i}$ where T is the time of production, n is number of employees, U is utilization, $T_i$ is inter-arrival time

$U=\frac {1.8}{2*1}=0.9$

Therefore, utilization time by 2 employees is 0.9

Expected average waiting time

$T_e=(\frac {T}{n*T_i})*0.5(C_{vi}^{2}+C_{vp}^{2})*(\frac{U^{\sqrt{2(n+1)}-1}}{1-U})$

Where $T_e$ is expected average waiting time and the other symbols as already defined

Substituting 1.5 for $C_{vp}$ , 1 for $C_{vi}$ , 0.9 for U, 2 for n, 1 for $T_i$ and 1.8 for T

$T_e=(\frac {1.8}{2*1})*0.5(1^{2}+1.5^{2})*(\frac{0.9^{\sqrt{2(2+1)}-1}}{1-0.9})$

$T_e=0.9*1.625*8.583709=12.55367 days$ and rounding off to 2 decimal places we obtain 12.55 days

Therefore, expected duration between order received and beginning of production is approximately 12.55 days

7 0

2 years ago