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kozerog [31]
3 years ago
14

Refer to the following distribution:

Business
1 answer:
SOVA2 [1]3 years ago
8 0

Answer:

0.04

Explanation:

Number of books = 2 + 5 + 7 + 20 + 16

Number of books = 50

Specific occurrences in $25 to $35 class = 2

Total items = 50

Relative frequency = Specific occurrences / Total items

Relative frequency = 2/50

Relative frequency = 0.04

So, the relative class frequency for the $25 up to $35 class is 0.04.

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Assume that the seller owes $80,000 on a loan for the land. After receiving the $298,000 cash in (a), the seller pays the $80,00
geniusboy [140]

Answer:

1.   - $   80,000

2.  -  $  80,000

3.  -   $     0      -   No effect

Explanation:

1. Assets  

 - <em>80,000</em>  ( pay loan ) -  decrease

2. Liabilities

 - 80,000 ( loan from <em>+</em><em> 80,000 </em> to  <em>0</em> ) - decrease

3. Stockholders Equity: no change, as there was not result ( profit/loss ) nor    shareholder contribution/withdrawal

 

5 0
3 years ago
What are the advantages of virtual meetings?
myrzilka [38]

Answer:

Virtual meetings are becoming more and more common nowadays. They can be used for meetings with colleagues, staffs or partners and even for training, presentation. Here are several advantages of virtual meetings, explaining why it becomes so common.

First, they are cost effective compared with the physical one. Virtual meeting requires each participants only computer or another mobile device - which that almost every one owns with internet connection. Meanwhile, the physical one requires travelling which takes time and money, place to hold the meetings.

Secondly, it is convenient and allow the participants from different places. The technological development with internet connection facilitate the virtual meeting even when the members are geographically distant from each other.

Furthermore, there are several minor benefits such as they help share information in real time, contribute to environmental protection, etc.

7 0
3 years ago
Danner Company expects to have a cash balance of $58,050 on January 1, 2017. Relevant monthly budget data for the first 2 months
Alina [70]

Answer:

                                                                             January                  February

Beginning Cash Balance                                     58,050                  35,475

Add: Receipts

Collections from Customers                               109,650                 193,500

Sale of Marketable Securities                              <u>15,480</u>                 <u>       0      </u>

Total Receipts                                                   <u>   125,130    </u>             <u>  193,500</u>

Total Available Cash                                            183,180                  228,975

Less: Disbursements

Direct Materials                                                  64,500                      96,750

Direct Labour                                                      38,700                       58,050

Manufacturing Overhead                                  25,155                        30,315

Selling and Administrative                                 19,350                        25,800

Total Disbursements                                       <u>  147,705       </u>             <u>   210,915</u>

Cash Balance                                                     35,475                        18,060

Financing

Add: Borrowings                                                   0                                  7,740

Less: Repayments                                          <u>       0           </u>                    <u>      0    </u>

Ending Cash Balance                                        35,475                         25,800

The company wants to maintain a minimum monthly cash balance of $25,800 so in February they will have to borrow;

= 25,800 - 18,060

= $7,740

8 0
4 years ago
Cash is difficult to protect because it is easy to transfer and its ownership difficult to prove. These statements are?.
Arte-miy333 [17]

The following are some causes for a bank balance to differ from a company's balance: Deposits in transit, Charges for printing checks and bank services, Accounting mistakes at the business.

<h3>What are financial statement audits mostly focused on?</h3>
  • In a financial statement audit, the auditor is able to determine with a reasonable degree of assurance whether there are no major misstatements in the financial statements.
  • Cash can easily stolen or misplaced. As a result, it's critical to put internal controls in place to protect these assets and ensure that only authorized individuals have access to them.
  • A fundamental internal control process is to deposit all cash receipts in the bank as soon as possible. Cash receipts are frequently deposited by businesses each day.
  • The following are some causes for a bank balance to differ from a company's balance: Deposits in transit, Charges for printing checks and bank services, Accounting mistakes at the business.  

To learn more about Accounting mistakes at the business refer to:

brainly.com/question/25671660

#SPJ4

4 0
1 year ago
Teton Trails manufactures backpacks for adventurers. The backpacks come in two types: Daytripper, and Excursion. Teton anticipat
nikklg [1K]

Answer:

The production level of Daytripper will be 2010 backpacks and the production level of Excursion will be 1185 backpacks. Thus, option C is the correct answer.

Explanation:

The production volume in July can be calculated by adding the production for July and the closing inventory in July and deducting the opening inventory in July from it.

Production level = Closing Inventory + Production - Opening Inventory

Daytripper = (2200 * 0.05) + 2000 - (2000 * 0.05)

Daytripper = 2010

Excursion = (900 * 0.05) + 1200 - (1200 * 0.05)

Excursion = 1185

3 0
3 years ago
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