All categories

3 years ago

(List in the correct order)

Business

1 answer:

oksano4ka [1.4K]3 years ago

4 0

Answer:

The correct order is as follows :

1. check for the final amount; it should be equal in the personal account register and the bank statement.

2. cross check all entries like deposits not credited and checks not presented for payment and adjust accordingly.

3. check off all the payments made in his personal account register and the bank statement.

4. check for bank charges and adjust the personal account register accordingly.

5. flag any suspicious looking charges or entries

Explanation:

A comparison of balances and entries in personal account register and the bank statement should be made accordingly during the reconciliation.

You might be interested in

Mateo wants to buy a new guitar and amp that will cost about $2,500. He works part time at a cafe and brings home around $500 pe

Phoenix [80]

The part of Mateo's goal that is missing in regards to buying the guitar in two months is the amount that is saved towards the goal.

<h3>What detail is missing?</h3>

The scenario painted talks about the amount that Mateo earns per week which is $500. Earning this amount, he should be able to purchase the guitar in 5 weeks if he devotes it all to the guitar.

He however says he can only buy the guitar in two months which means that the entire amount is not going towards the guitar. The missing detail is the amount that is saved every week.

Find out more on saving at brainly.com/question/341992.

7 0

3 years ago

Treasury bills and Treasury notes are an investment security issued by the U.S. government. A Treasury bill matures within one y

mel-nik [20]

Answer:

<u>I would rollover.</u>

Explanation:

It is expected an increase in the interest rate in the near future. It is better to <u>wait for the purchase of a long-term note because</u>, once the interest rises, the <u>price of the TS at 9 years will decrease</u> to match the new yield.

While doing a rollover we can make the cash work at 5% and start yielding at 7% in six month. Once the expectation of higher interest rate vanish, I can consider moving to a long Treasury Bill, which most probably will have a lower cost than today.

5 0

4 years ago

Julie is looking to sell her flower shop. She should hire a(n) _____ to help her find a buyer and negotiate the sale.

Alchen [17]

Answer:

B is the answer for the question

8 0

3 years ago

Young Company budgets sales of $112,900,000, fixed costs of $25,000,000, and variable costs of $66,611,000. What is the contribu

quester [9]

Answer:

a. The contribution margin ratio will be 41%

b. The income from operations will be $12,420,000.

Explanation:

a. The sales are given at $112,900,000.

The fixed costs are $25,000,000.

The variable costs are $66,611,000.

The contribution margin will be

=Sales-variable costs

=$(112,900,000-66,611,000)

=$46,289,000

The contribution margin ratio will be

=(Contribution margin/sales)*100

=($46,289,000/ $112,900,000)*100

=41%

b. Now, if the contribution margin ratio is 40%.

The sales are given at $34,800,000.

The fixed costs are $1,500,000.

Income from operations or operating profit will be

=(sales*contribution margin ratio)-fixed cost

=$(34,800,000*0.4)-$1,500,000

=$12,420,000

7 0

4 years ago

Product life cycle is defined as

dezoksy [38]

Answer:

The correct answer is option d.

Explanation:

The product life cycle can be defined as a concept in marketing that describes the stages a product goes through in the marketplace. It is used by management and marketing professionals to decide when to increase advertising, reduce prices, expand to new markets, or redesign packaging.

This concept can be broken down into four stages:

Introduction
Growth
Maturity
Decline

8 0

4 years ago