1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
fiasKO [112]
4 years ago
11

In the month of November Sunland Company wrote checks in the amount of $53300. In December, checks in the amount of $72910 were

written. In November, $48776 of these checks were presented to the bank for payment, and $62686 in December. What is the amount of outstanding checks at the end of December?
Business
1 answer:
topjm [15]4 years ago
7 0

Answer:

outstanding checks at the end of December = $14,748

Explanation:

Checks Written

November $53300

December  <u>$72910</u>

                  <u>126,210</u>

Checks Presented

November    $48776

December   <u>$62686</u>

                    <u>1111,462</u>

<u />

<u />

<u>126,210</u>  -  <u>1111,462 = 14,748</u>

You might be interested in
A company's retained earnings at the beginning of the year is $1 million. It paid $100,000 in dividends, had $250,000 in net inc
mixer [17]

Answer: <em>$1,160,000</em>

Explanation:

Given:

Retained earnings (beginning) = $1 million

Dividend paid = $100,000

Net income = $250,000

Goodwill increased by = $10,000

Therefore, we'll compute Retained earnings (end of the year) as:

Retained earnings (end of the year) = Retained earnings (beginning) + Net income + Increase in Goodwill - Dividend paid

Retained earnings (end of the year) =  $1,000,000 + $250,000 + $10,000 - $100,000

Retained earnings (end of the year) = $1,160,000

6 0
3 years ago
Phillip​ Witt, president of Witt Input​ Devices, wishes to create a portfolio of local suppliers for his new line of keyboards.
kirill115 [55]

Answer:

Based on the EMV value, the best choice is to use Two suppliers

Explanation:

Is necessary to consider different amount of suppliers and evaluate the cost. We will choose the number of suppliers which offers a lower cost.

  • EMV1 = cost of shutdown*super event risk + cost of shutdown*unique event risk + cost of managing supplier = 480000*.02 + 480000*0.05+16000 = 9600 + 24000 + 16000 = $ 49600

  • EMV2 = cost of shutdown*super event risk + cost of shutdown*unique event risk of each supplier*unique event risk of each supplier + cost of managing 2 suppliers = 480000*.02 + 480000*0.05*.05+16000*2 = 9600 + 1200 + 16000*2 = $ 42800

  • EMV3 = cost of shutdown*super event risk + cost of managing 3 suppliers = 480000*.02 + 480000*0.05*.05+16000*2 = 9600 + 16000*3 = $ 57600

Based on the EMV value, the best choice is to use Two suppliers

6 0
3 years ago
The ACE Equity Fund has an expected return E[r] of 11.830% and the ZQR Bond Fund has an expected return E[r] of 6.690%. A portfo
Mashcka [7]

Answer:

The answer is "6.8442%".

Explanation:

The expected portfolio return is the total average portfolio return for all stocks

ACE fund weight (wA) =3%

ACE fund (ErA) expected return= 11.830%

Bond fund ZQR weight (wB) = 97%.

The ACE fund (ErB) expected return = 6.690%

Expected portfolio return = (wA \times ErA)+(wB \times  ErB)

                                          =(3\% \times 11.830 \% )+(97 \% \times 6.690\%)\\\\= 0.03 \times 0.1183 +0.97 \times 0.0669 \\\\=0.003549+ 0.064893\\\\=0.068442\\\\=6.8442 \%

 

5 0
3 years ago
Which customers help in the profitability and growth of an organization?
IrinaVladis [17]
The customers that help the profitability and growth of an organization are those that purchase products consistently. You must sell a product to have a profit. Those customers who are serious about their health and purchase products to improve their health help companies remain profitable. When you use up a product, you have to buy more. This is repeat business and helps the company maintain profitability.
3 0
3 years ago
A new business owner is speaking with her marketing director about the possibility of creating a marketing plan for the business
Digiron [165]

Answer:

Businesses whether large or small are set up to make profits by satisfying customers' needs and a marketing plan helps achieve this goal.

Creating a marketing plan should therefore not depend on the size or age of the business.

Explanation:

Every business, whether large or small, has marketing goals and needs a marketing plan to help determine how it will use its available resources to best reach its customers.

With a marketing plan, a business can <em>identify its target market and competitors, determine how it wants to position its products to compete, and set marketing goals</em> that can be monitored and achieved.

Generally, <u>a marketing plan helps a business reduce costs and increase sales, thereby increasing profits. This is a major goal of organizations, whether large or small</u>.

4 0
3 years ago
Other questions:
  • Which government agency is in charge of regulating the sale of stocks and bonds? A. The Securities and Exchange Commission B. Th
    9·1 answer
  • if the federal Reserve buys 40000 in treasury bonds from a bank at 6% interest what is the immediate effect on the money supply
    15·2 answers
  • Danika, a board member for a medium-sized corporation, faces an ethical dilemma. She is unsure whether the board should fire sen
    7·1 answer
  • Neptune Corporation owns 70 percent of Pluto Company's stock. On July 1, 20X4, Neptune sold a piece of equipment to Pluto for $5
    15·1 answer
  • What is the main purpose of monetary policies?
    7·2 answers
  • Which of the following is not included in the typical pattern of behavior for a poverty-stricken person?
    15·1 answer
  • Roger's car battery dies while he is on his way to an important meeting. which step is roger at in the consumer buying process
    11·1 answer
  • What are the three effects that bias the measurement of CPI
    9·1 answer
  • Determine the future value if $5,000 is invested in each of the following situations: 7 percent for seven years
    7·1 answer
  • A massage therapist is part of what career area?
    15·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!