Answer:
$107,600
Explanation:
The cash balance on Lechwe' bank would be calculated as;
Cash balance = Corrected cash book balance + Outstanding cheques - Deposit in transit
Given that;
Corrected cash book balance = $93,000
Outstanding cheques = $45,200
Deposit in transit = $30,600
= $93,000 + $45,200 - $30,600
= $107,600
Therefore, the December 31 cash balance on Lechwe's bank statement is $107,600
Answer:
The correct answer is option C.
Explanation:
The phone call regarding the lottery here is most likely a fraud and scam to dupe elderly client.
The most appropriate action in this regard would be not to put a hold on sending the wire, and inform a trusted contact person, in this case, the client's daughter.
There is high chances that following client's instructions can lead to loss of $10,000.
Freezing account can cause inconvenience to the client.
So, the most appropriate action is option C.
Explanation:
the insurance policy is a contract (generally a standard form contract) between the insurer and the policyholder, which determines the claims which the insurer is legally required to pay.
Answer: the producer will charge a price that is more than $3.
Explanation:
Monopolistic competition is an industry characteristics whereby there are several firms that sell goods or services that can't be called perfect substitute but are identical.
Based on the above information, since marginal revenue and marginal cost equals $3, the producer will charge a price that is more than $3. This is necessary to cover up its cost.