Answer:
The syndicate member earns $20.
Explanation:
When bonds are sold directly to the public, the syndicate member earns the total takedown. Total takedown refers to the selling concession plus the additional takedown $22.00 + $20.00 = $42.00.
In this question, it indicated that a selling group was used to find customers. This means that the syndicate member will not earn the total takedown because he has given up his selling concession of $22.00 to the selling group member, leaving the syndicate member to earn only the additional takedown of $20.
Answer:
The change in checking deposit is equal to $22,727.27.
Explanation:
An amount of $2,500 is deposited in a checking account.
The required reserve ratio is 0.11 or 11%.
A part of this deposit will go to the required reserve and the rest will be added in the checking deposit of the bank.
The change in the checking deposits will be
=
amount deposited
= 
= $22,727.27
Everything but the twizlers I don’t like them lol sorry -
A comparison of the subsidiary accounts to the schedules of accounts payable will help the accountant to <u>A. prove the accounts payable accounts at the end of a period.</u>
<h3>What is a Subsidiary Account?</h3>
A subsidiary account tracks the information of certain transactions in detail. Some of the most important subsidiary accounts include accounts receivable and accounts payable.
Thus, by comparing the subsidiary accounts to the schedules of accounts payable, an accountant proves the existence and completeness of the accounts payable balance at the end of a period.
Learn more about subsidiary accounts here: brainly.com/question/4656883
Answer:
Catering's 2008 EBIT is $11.47 million
Explanation:
Operating cash flow = EBIT + Depreciation – Taxes
Also the same as EBIT = Operating cash flow - Depreciation + Taxes
When Operating cash flow = Free cash flows + Investment in operating capital
OCF =
$8.14 million + $2.14 m
illion
Operating cash flow = 10.28 million
EBIT = Operating cash flow - Depreciation + Taxes
EBIT = 10.28 million - 0.95 million + 2.1
4 million
EBIT = $11.47 million
Catering's 2008 EBIT is $11.47 million