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anygoal [31]
3 years ago
15

Jill Gracie's current checkbook balance is $8,900.15. She opened up the bank statement and saw the bank's balance at $7,000.10.

After reviewing her records with the bank statement, she discovered a deposit on July 1 not recorded on the statement for $9,821.55. A check written for $7,986.05 had not been returned by the bank. This month the company earned interest of $33.10. The bank charged the company $48.10 for printing new checks. Jill also discovered that a check written for $49.55 was not recorded in the check stubs. The reconciled balance is:
Business
1 answer:
Mrrafil [7]3 years ago
7 0

Answer:

The reconciled balance is:

Explanation:

Cash  8900,15

 

Books  

Cash receipts pending on bank  -9821,55

Checks written                           7986,05

Checks written not recorded       -49,55

 

Banks  

Bank service fee                                   -48,1

Interest earned                                    33,1

 

Bank conciliation                               7000,1

Bank account                                      7000,1

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The four Ps make up the marketing mix, which is the __________ set of decisions or activities that the firm uses to respond to t
Alexeev081 [22]

Answer:

clear and effective strategy comprising

Explanation:

The four Ps make up the marketing mix ,which are product, price, promotion, and place. These four components help determine a clear and effective strategy to bring a product to market. Each element is crucial in its own right and needs to be given due focus .

The product is either a tangible good or an intangible service that is seem to meet a specific customer need or demand. All products follow a logical product life cycle and it is vital for marketers to understand and plan for the various stages and their unique challenges .

Price covers the actual amount the end user is expected to pay for a product. How a product is priced will directly affect how it sells. This is linked to what the perceived value of the product is to the customer rather than an objective costing of the product on offer. If a product is priced higher or lower than its perceived value, then it will not sell. This is why it is imperative to understand how a customer sees what you are selling.

The marketing communication strategies and techniques all fall under the promotion heading. These may include advertising, sales promotions, special offers and public relations.

The place or placement deals with how the product will be provided to the customer. Distribution is a key element of placement. The placement strategy will help assess what channel is the most suited to a product.

5 0
3 years ago
DFB, Inc.,expects earnings this year of $5 per share, and it plans to pay a $3 dividend to
Kisachek [45]

Answer:

a) Growth rate of earnings

using the sustainable growth rate formula which is the maximum growth rate that a company can sustain without external financing:

Growth rate = ROE * (1 - retention rate)

= 15% * (1 - 40%)

= 15% * 60%

= 9%  

(Retention rate = 2/5 * 100 = 40%)

b) Price of equity using dividend growth model:

P₀ = D₀ (1 + g) / (re – g)

D₀ = the current dividend (whether just paid or just about to be paid)  = $3

g = the expected dividend future growth rate  = from A above (9%)

re = the cost of equity = 12%

= 3 (1 + 0.09) / (0.12 - 0.09)

= $109

c) Price of equity

P₀ = D₀ (1 + g) / (re – g)

= 4 (1 + 0.09) / (0.12 - 0.09)

= $145.33

Explanation:

At the estimated growth rate of 9%, should DFB increase the dividend payout, the price of equity would amount to $145.33 which is higher than the previous price of $109, so DFB is advised to raise its dividend

8 0
4 years ago
What is marketing? Help pls
aleksandrvk [35]
The activity, set of institutions, and processes for creating, communicating, delivering, and exchanging offerings that have value for customers, clients, partners, and society at large
4 0
4 years ago
A corporate bond backed only by a company's promise to pay is called a
uysha [10]
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5 0
3 years ago
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slega [8]

Answer:

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Having small studio apartment to live is need but buying expensive villa is want.

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Shopping from grocery stores is need, shopping from malls is want.

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Explanation:

These is difference between human needs and wants. A person may want so many luxuries in life but actually he can survive without buying it. Needs are the things without which survival of a person is risk.

4 0
3 years ago
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