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Neko [114]
3 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]3 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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Since bond market values are expressed as a percentage of their bond value, a $1,000 bond that is being sold at 93 would be trad
Sophie [7]

Answer: $930

Explanation:

From the question, we are informed that bond market values are expressed as a percentage of their bond value and are further told that a $1,000 bond that is being sold at 93.

Therefore, the bond will be trading at:

= $1000 × 93%

= $1000 × 0.93

= $930

5 0
4 years ago
Which excerpt from a student essay maintains the most objective tone?
liubo4ka [24]

The correct answer is D. Henry shows his great respect for Elisa by choosing not to enter her  most sacred space -- her garden,​

Explanation:

An objective tone only describes facts or reality without showing the personal views of the speaker. Due to this, to keep an objective tone phrases such as "I believe", "I think" or "I feel" should be avoided. According to this, the excerpt that maintains the most objective tone is " Henry shows his great respect for Elisa by choosing not to enter her  most sacred space -- her garden,​" because, in this, the student avoided any expression that showed his/her personal perspective and only described the relationships of the characters.

6 0
3 years ago
Read 2 more answers
If there is an even number of data, how is the median found?
pishuonlain [190]

Answer:

the average of two middle numbers

Explanation:

the median is the number in the middle of an arranged from smallest to largest number of a set of numbers

when you have an even number of data there is no 1 number in the middle so you take the average of the 2 middle numbers

4 0
3 years ago
Your storage firm has been offered 100,000 in one year to store some goods for one year. Assume your costs are $95,000, payable
Alexandra [31]

Answer:

We should not take the contract

Explanation:

Net present value = Initial investment + Present value of cash inflows

Net present value = -95000 + 100000/1.08

Net present value = -2407.41

Thus, the contract should not be taken because the NPV is negative

8 0
3 years ago
The stock of ABD, Inc. has a beta a 1.5 and an expected return of 11.6 percent. The expected return on the market is 11 percent.
GaryK [48]

Answer:

im sorry

Explanation:

8 0
3 years ago
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