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
Alexus [3.1K]
3 years ago
9

Why is cash book both journal and ledger​

Business
1 answer:
sergey [27]3 years ago
3 0

Answer:

Explanation:

Cash Book plays dual role.as a boor of original entry (or primary entry) as well as a ledger. It is a subsidiary book because all cash transactions are, first recorded in the cash book and then from cash book posted to various accounts in the ledger.

You might be interested in
Gilmore, Inc., just paid a dividend of $3.15 per share on its stock. The dividends are expected to grow at a constant rate of 6
egoroff_w [7]

Answer:

$66.78

Explanation:

Dividend Valuation method is used to value the stock price of a company based on the dividend paid, its growth rate and rate of return. The price is calculated by calculating present value of future dividend payment.

Value of Share = Dividend / (Rate of return - Growth rate)

P0 = D0 ( 1 + g ) / ( r - g )

where

P0 = Value of stock at time 0 / today = ?

D0 = Dividend paid at time 0 / current = $3.15

g = growth rate = 6%

r = rate of return = 11%

Placing all these values in the formula

P0 = $3.15 ( 1 + 6% ) / ( 11% - 6% )

P0 = $3.339 / 5%

P0 = $66.78

4 0
4 years ago
Read 2 more answers
Suppose that the investment demand curve in a certain economy is such that investment declines by $130 billion for every 1 perce
AlekseyPX

Answer:

50 billion

Explanation:

Investment declines by $130 billion for every 1 percentage point increase in the real interest rate.

Decline in Investment because of higher real interest rate:

= 2 × 100

= $200 billion

Increase in Investment because of higher expected rate of return:

= 1 × 150

= 150 billion

Total decline in investment:

= -200 + 150

= 50 billion

Therefore, 50 billion of investment will be crowding out.

8 0
3 years ago
During the past recession, Taylor Tool Company created a __________ organization, when it restructured and eliminated several mi
Studentka2010 [4]

Answer:

Flat organization

Explanation:

Flat organization is the organization or business which is structured with the few or no levels of the management among the staff level employees and the management.

Under this kind of the organization, supervision of the employees is less when promoting the involvement of the employees  in the process of decision making.

Under this scenario, the company established a flat organization as eliminate the middle management.

6 0
3 years ago
When Coca-Cola saw the growth of the bottled water category, they launched Dasani, its brand of bottled water. Which brand devel
kolbaska11 [484]

Answer: New brand.

Explanation:

The Coca-Cola company launched it's new brand of bottled water into the market. A brand is a name given to a particular product/service by which it can easily be identified.The Disani water is a new brand introduced into the market by which the Coca-Cola water products would be identified.

3 0
3 years ago
It is anticipated that the worldwide shortage of highly skilled, college-educated workers will increase significantly by 2020, a
Charra [1.4K]

Answer:

A

Explanation:

As by 2020 college educated and skilled workers will be short, so companies instead of hiring more skilled workers are relocating their already hired experts and transferring some of their tedious lower skilled tasks to other workers thus reducing their cost of hiring more experts.

By redefining these __high value__ knowledge jobs, they address ___skill__ shortages and _____lower___ costs while enhancing job satisfaction.

3 0
3 years ago
Other questions:
  • Which of the following types of berries are generally cooked before eating?
    13·2 answers
  • Subordinated debentures Group of answer choices are the safest form of corporate bonds. are financial assets held in trust by a
    7·1 answer
  • Leslie's Unique Clothing Stores offers a common stock that pays an annual dividend of $3.10 a share. The company has promised to
    10·1 answer
  • Commercially valuable fish may face extinction even though fish are a renewable resource. true or false.
    15·2 answers
  • Sparks Corporation has a cash balance of $14,700 on April 1. The company must maintain a minimum cash balance of $12,000. During
    6·2 answers
  • Suppose the utility function for a firm manager is U = π + bQ, where Q is output, π is profit, and b is a positive constant. How
    12·1 answer
  • Explain why the bank has asked to see your business financial records?​
    7·1 answer
  • 16p²-4pq+25q² please I need help ​
    5·1 answer
  • 6. Using Delta Airlines as the case company, conduct the Generic Strategies Model analysis. Write your analysis in the textbox b
    5·1 answer
  • Directed to ultimate consumers, consumer-oriented sales promotions are sales tools used to support a company's __________ and __
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!