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
MaRussiya [10]
2 years ago
14

Refer to the information given below:

Business
1 answer:
lozanna [386]2 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

You might be interested in
Vitafluid, a health drink, is available at all supermarkets. After research, the marketing team of the branddiscovered that 90 p
Vsevolod [243]
In this scenario, the teenage group can be referred to as a minority.

The majority of people who like the drink are no teenagers. The majority of drinkers are 30-40.

5 0
3 years ago
Rory is the CFO of McIlroy Golf Designs Inc. MGDI earned $13 million last year and maintains a 30% dividend payout ratio. The co
BaLLatris [955]

Answer:

<u>Price per share of MGDI's stock is $78</u>

Explanation:

Earnings per share=Total earnings/Shares of common stock outstanding

=(13/2)=$6.5

PE ratio=Stock price/Earnings per share

Stock price=$6.5*12

=$78.

5 0
3 years ago
A local business woman noticed that after she had paid all the costs of conducting her business that year a substantial amount o
otez555 [7]
That she had a successful year and paid a profit.
5 0
3 years ago
Read 2 more answers
Stone Foods produces the majority of its cheese products in its U.S. based dairy division at a total outlay cost of $6.00 per un
lubasha [3.4K]

Answer:

Stone Foods produces the majority of its cheese products in its U.S. based dairy division at a total outlay cost of $6.00 per unit. A large portion of the finished product is sold to Division B where it is packaged and sold overseas under a different label. The tax rate in Division B's country is higher than the U.S. tax rate. Assume the company desires to minimize the overall tax impact of the transfer (i) what type of relative pre-tax income should each division desire to achieve as a result of the transfer and (ii) what type of transfer price would accomplish your answer to (i).  

Dairy Division Income Division B Income Transfer Price .

Option  "D"  is the correct answer -  High Low High.

Explanation:

Since in Division B, the tax rate is higher than the tax rate in US-based dairy division. Therefore to minimize the impact of the overall tax, transfer price from dairy division should be high to Division B so that the dairy division income would be higher. and the income of Division B would be lower.

Hence option  "D" is the correct answer.

3 0
3 years ago
SoCal Movie Company produces movies at a studio in Southern California. The risk manager decided to identify the range of potent
SVEN [57.7K]

Answer:

Scenario analysis

Explanation:

Scenario analysis is defined as the process of analysing future occurences by choosing present alternatives. It shows different future possibilities of an event, and not just one.

It is a for of projection analysis.

For example the manager's analysis is: if a severe earthquake occurred while the company was filming a movie, there could be deaths and injuries, destruction of movie sets, delays in production, costs associated with filming at an alternative location, and loss of reputation and good will.

7 0
3 years ago
Other questions:
  • Peachtree company borrows $30,000 from the local bank at 7% interest. the term of the note is five years and the annual payments
    5·1 answer
  • Does walmart have wheelchairs for customers to use
    6·1 answer
  • Kirsten is trying to decide where to go for her well earned vacation. She would like to camp, but if the weather is bad, she wil
    14·1 answer
  • Write a brief story about a young person shopping at a local mall that incorporates all benefits of marketing ?
    7·1 answer
  • Which of the following statements is correct? a. A security's beta measures its diversifiable (firm-specific) risk relative to t
    14·1 answer
  • What keys to success did the leaders describe
    7·1 answer
  • Officials argue that the government needs to reduce the national debt. Which actions are most likely to accomplish this goal?
    11·2 answers
  • 1) Suppose you wish to retire 35 years from today. You determined that you will need $250,000 per year after you retire, with th
    11·1 answer
  • Suppose you get for free one of following two securities: (a) an annuity that pays $10,000 at the end of each of the next 6 year
    5·1 answer
  • Southfield Company reached an agreement with its bank to transfer a piece of land with a historical cost of $500,000 and a fair
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!