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Neko [114]
2 years ago
10

Al's Bakery has a checkbook balance of $1,650. A $700 deposit was made today and will be added to the available balance tomorrow

. There are two outstanding checks that total to $623 that should clear tomorrow. There are no other outstanding items. Which one of the following statements accurately reflects this situation?
a. The firm's current available balance is equal to $1,650 plus $700 minus $623.
b. The disbursement float is $1,650.
c. The firm's available balance is greater than its book balance.
d. The firm's collection float exceeds its disbursement float.
e. The firm has a net disbursement float.
Business
1 answer:
Pepsi [2]2 years ago
5 0

Answer: D. The firm's collection float exceeds its disbursement float

Explanation:

Based on the information given in the question, the collection float will be $700. This refers to the check that hasn't been credited yet to AI's Bakery account.

Then, the disbursement float is $623. Therefore, we can infer that the collection float is more than the disbursement float.

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The strategy that explains the methods that a division or an organization will use to compete against its rivals in the industry
hammer [34]

Answer:

The strategy that explains the methods that a division or an organization will use to compete against its rivals in the industry is a business-level strategy

Explanation:

The business-level strategy focused on increasing the value of the business to the customer while keep trying to increase profit. We can divide the strategy into 4 main types based on the source of competitive advantage and the business scope.  

When the business source of competitive advantage is cost, the business will trying to have the cheapest price compared to other competitors. Another option of the competitive advantage is the differentiation of the product, making different products than your competitor.

The scope will also be divided into two types. Broad scope is when the business target a wide range of the market. Narrow scope is when focusing at niche market.

7 0
3 years ago
Last year all refuse collected by Shelbyville city services was incinerated. This incineration generated a large quantity of res
Alex17521 [72]

Answer:

The correct option is D

Explanation:

Cutting the number of truckloads of refuse in half must reduce the amount of residual ash by half of last year's level. However, if the removal of the recycled refuse does not proportionately reduce the amount of ash, this will not happen.

So, the answer D states a requirement for the collection program to achieve its aim.

4 0
3 years ago
Read 2 more answers
A bank initially has $190 million in assets and $150 million in liabilities. the banks net worth (capital) is _____________ mill
ElenaW [278]
Hi there

We know that the formula of the balance sheet is
Assets=liabilities+capital
So we want to find the amount of capital the formula is
Capital=assets-liabilities

The first answer is
Capital=190million−150million=40million...answer

The second answer
if the bank’s assets increase by 10% and its liabilities do not change
The amount of assets is
190+190×0.1=209million
And the amount of capital is
Capital=209−150=59million

capital increases by
59-40=19million. ..answer

Good luck!
8 0
2 years ago
true or false: Quality function deployment (QFD) allows people to see how aspects of their products and services relate to custo
Marta_Voda [28]

Answer:

False

Explanation:

QFD is the process by which the opinions or wants of customers are used to create products that meets the needs f consumers

8 0
2 years ago
Airline Accessories has the following current assets: cash, $93 million; receivables, $85 million; inventory, $173 million; and
prohojiy [21]

Answer:

See below

Explanation:

1. The current ratio is the sum of current assets divided by current liabilities. It used to measure the ability of the airlines accessories to meet its short term obligation due within a year

Current ratio = $93 million + $85 million + $9 million / $80 million + $26 million

Current ratio = $187 million / $106 million

Current ratio = 1.76:1

Current ratio = 1.76 times

2. Acid test ratio. This measure liquidity but with adjustment for risky current assets i.e Inventory

Acid test ratio = Current assets - Inventories / Current liabilities

Acid test ratio = ($187 million - $173 million) / $106 million

Acid test ratio = $14 million / $106 million

Acid test ratio = 0.13:1

Acid test ratio = 0.13 times

6 0
3 years ago
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