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
ycow [4]
3 years ago
12

Larry Bar opened a frame shop and completed these transactions: Larry started the shop by investing $40,700 cash and equipment v

alued at $18,700. Purchased $140 of office supplies on credit. Paid $1,900 cash for the receptionist's salary. Sold a custom frame service and collected $5,200 cash on the sale. Completed framing services and billed the client $270. What was the balance of the cash account after these transactions were posted
Business
1 answer:
IgorC [24]3 years ago
7 0

Answer:

$44,000

Explanation:

<u>Computation of Cash account balance </u>

Particulars                                        Amount

Initial investment of cash                $40,700

Add: Cash collected from sales     $5,200

Less: Salaries paid                          <u>$1,900</u>

Balance of cash account               <u>$44,000</u>

You might be interested in
After focusing for so long on total quality management, mobley industries found that while their product defects decreased by 18
goldenfox [79]
<span>To help bring down their cost, it is important for Mobley Industries to find what total quality management (TQM) activity brought down their product defects. If they can find what change brought down their defects, they may find the source of which increase their product costs. However, in often times decreasing defects if they have to do with adding extra labor, steps, or parts will increase the cost without allowing for change. If they can pinpoint where the increase is coming from though, they may be able to find a better more cost effective solution. </span>
4 0
4 years ago
Read 2 more answers
Holt Enterprises recently paid a dividend, D0, of $3.75. It expects to have nonconstant growth of 23% for 2 years followed by a
liq [111]

Answer:

a. How far away is the horizon date?

IV. The terminal, or horizon, date is the date when the growth rate becomes constant. This occurs at the end of Year 2.

b. What is the firm's horizon, or continuing, value? Round your answer to two decimal places. Do not round your intermediate calculations.

to determine the horizon value we can use the Gordon growth formula:

stock price = future dividend / (required rate of return - constant growth rate)

Div₀ = $3.75

Div₁ = $4.6125

Div₂ = $5.673375

Div₃ = $6.97825125

since the terminal value is calculated for year 2, we must use Div₃ in our calculations:

stock price = $6.97825125 / (9% - 6%) = $232.61

c. What is the firm's intrinsic value today, P0? Round your answer to two decimal places. Do not round your intermediate calculations.

we have to calculate the present value of:

P₀ = $4.6125/1.09 + $5.673375/1.09² + $232.608375/1.09² = $4.2317 + $4.7752 + $195.7818 = $204.7887 ≈ $204.79

4 0
4 years ago
Here, Jack is yelling at Samantha because she was late last week. Unfortunately, the whole office can hear. Now Samantha is not
uysha [10]

Answer:

<u>Human</u>

Explanation:

Human skills refer to the ability of an individual to establish successful interactions and relations with people around. Such skills take into consideration, the human element i.e human emotions and behavior.

Human skills are essential and rather say foremost and primary before any other required set of skills as these are required not just at workplace but form an essential part of routine life as well.

In the given case, Jack losing his cool and yelling at an employee without paying heed to the people he is surrounded with, the circumstances, his ways, relates to inhuman treatment wherein one is not bothered of another's feelings or emotions. This is a case of humiliation in public.

This is highly inconsiderate behavior.

4 0
3 years ago
What is a motive?
AnnZ [28]

A) a motive is a reason you do something. In business it'd be, for example, profit motive. Your motive is the amount in the profit

6 0
3 years ago
Read 2 more answers
One of Sanjay's work responsibilities is to check inspection stations periodically to monitor the quality of the products throug
Nikitich [7]

Answer:

This is an example of quality control

Explanation:

A production process usually involves the action of a variety of things that all perform specific functions towards a common goal, usually the production of a finished good or service. This therefor means that a type of management is needed to ensure that all these aspects are handled in such away that the set organizational needs are met. This can be broadly defined as management control. Management control involves the control and operation aspects of a production process to ensure that the organizational goals are met.

One aspect of management control that is very important in the production environment is quality control. Quality control involves the inspection of the production process and the products to determine the quality. The quality of the process and the products is usually measured against set organizational and production standards. This therefor means that if the process or the production quality falls below the standard, then the quality of the product can be said to be low while if the quality meet or surpass the standards then the quality is high.

Quality control helps companies identify areas that need to be improved, thus raising overall product value.

3 0
3 years ago
Other questions:
  • ​____ post ratings of products and services and contribute to and edit articles in wikis
    13·1 answer
  • Definitley marking the brainliest ASAP
    5·2 answers
  • Identify the financial statement​ (or statements) that each account would appear on. Use I for Income​ Statement, RE for Stateme
    13·1 answer
  • Exercise 18-14 Predicting sales and variable costs using contribution margin LO C2 Bloom Company management predicts that it wil
    5·1 answer
  • "A prospective customer has been solicited by a registered representative, and prior to opening an account, the customer wishes
    8·1 answer
  • The seaport town of New Monopoly has become extremely popular with shipping companies due to its superior location. The port has
    14·1 answer
  • An acquiring company issues 500,000 shares of $6 par value common stock to acquire 100% of the voting common stock of an investe
    15·1 answer
  • if beginning retained earnings balance is 1800 JD and total revenues is 9800 JD and total expenses 4600 JD and dividends 2100 JD
    8·2 answers
  • Sarbanes-Oxley Act was enacted to ensure the integrity of: SQL. public companies' financial statements. Entity-Relationship Diag
    15·1 answer
  • Merger and acquisitions cash,cash dividend or stockNorwegian Woods Revenues (Sales) 29.832.170,00 € Cash 4.633.600,00 € Cost 23.
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!