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MaRussiya [10]
3 years ago
14

Refer to the information given below:

Business
1 answer:
lozanna [386]3 years ago
4 0

Answer and Explanation:

The preparation of the bank reconcillation statement is shown below:

<u>Balance per banks    $9,812          Balance per books      $9,345</u>

Add:                                                  Add  

Deposit in transit  $1,244                Interest                        $110

Less:                                                 Less:

Outstanding checks -$1,906          Bank charges              -$38

                                                        Error correction            -$267

                                                       ($622 - $355)

Reconciled balance   $9,150           Reconciled balance    $9,150

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Assume that a parent company acquired 80% of the outstanding voting common stock of a subsidiary on January 1, 2012. On the acqu
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consolidation financial statements are for the parent and the subsidiary for the year =$ 1682,875

Explanation:

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3 years ago
Explain precisely why ‘Opportunity Cost’ is always a RELATIVE concept and is never to be construed in ABSOLUTE terms. In additio
telo118 [61]

Answer:

Opportunity costs are defined as the additional costs or benefits lost from choosing one activity or investment over another alternative. It is a relative concept because you cannot be 100% sure that the other investments or activities would have yielded a specific gain.

For example, when you calculate the economic cost of starting your own business, you consider your current salary as an opportunity cost. But what happens if you get fired (or the company closes), your opportunity cost would have been $0? Or how can you exactly measure your future salaries? Maybe in a couple of years you get promoted to manager, or maybe not?

The same applies to economies, since the opportunity cost of producing certain tradable goods is not always fixed, it might decrease or increase due to productivity or efficiency changes. But in order to calculate or determine we must include the most probable option.

In microeconomics, a strictly convex production possibilities frontier function must include a combination of both goods. In strict convexity, the second derivative f''(x) ˃ 0, so the PFF curve cannot be straight, it must have a slope.

When we calculate the opportunity costs of PPF, we usually try to determine which product has the lowest opportunity cost, but that is not an interior solution because both goods are not being produced (the curve is not strictly convex). On a strictly convex curve, as you approach the extremes the opportunity cost of producing one good is high, but on the center the opportunity cost is much lower.

3 0
4 years ago
_____ lets programmers create Web pages that will update asynchronously while the rest of the Web page continues to be displayed
Misha Larkins [42]

Answer:

AJAX

Explanation:

Ajax programming (Asynchronous JavaScript and XML)

Ajax is a technology that allows HTTP queries asynchronously against the server. Under this definition, which may not be too clear for some people with little experience in the web environment, we find one of the most common tools on sites, which have allowed web applications to evolve to be as complex as we know them today.

In other words, Ajax allows access to existing data on the server without reloading the page completely. These queries against the server are made through Javascript and the data is processed using this same language, allowing the content of the page to be updated exactly where necessary.

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3 years ago
A stock index spot price is $1,287. the zero coupon interest rate is 3.8%. what is the potential arbitrage profit if the 6-month
jek_recluse [69]

The potential profit if the future contract on the index for the stock is priced at $1350 will be $39.45.

<h3>What is potential profit?</h3>

The ability or the capacity of an individual or a group to potentially earn higher amount of monies in the future trading transactions during a given financial period, is known as potential profit.

The computation of potential profit will be such that the return at the rate of 3.8% would have a given a maximum return of $48.9 annually($24.45 in 6 months); however, the index after 6 months is priced at $1350.

Potential Profit= 91350-1335+24.450 = $39.45

Hence, the potential profit is as computed above.

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6 0
2 years ago
2. The case says that Kayem Foods is not meeting its profit targets. Why is it difficult for this firm to make money in this mar
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Companies often set target for themselves.  The reasons why it is difficult for this firm to make money is that;

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  • Losses encountered via the issue of  Private Label
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Kayem Foods is a very popular brand. It is known to be a 4th generation family owned business. It has it headquartered in Chelsea, MA.

It is commonly known in the world to be the biggest processed meat company that is found in New England.  They are based on natural casing, fully cooked and fresh sausage etc.

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