Answer:
a. Cash for $180
Explanation:
The receipts from the petty cash fund indicate that the owner of the box made purchases adding up to $177. Therefore that money is no longer part of the fund. Since the fund holds $200 and currently only has $20 then to replenish the account the journal entry would need to include a credit to cash for $180 ... ($200-$20=$180)
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Answer:
$4.50
Explanation:
In order to make a profit from the futures contracts, it would be appropriate to take a long position in the June futures contract(buy) and take a short position in the December futures contract.
The investor would borrow $60 today which would necessitate paying back $60 plus a half-year in interest payment.
loan repayment=$60*(1+5%/2)=$ 61.50
In December, sell crude oil at $66 and repay the loan principal and interest
profit=$66-$61.50=$4.50
Answer:
I used an excel spreadsheet since there is not enough room here. I ordered the given data:
Fixed Variable Actual Total
Revenue $276 $33,130
Technician wages $8,300 $8,150
Mobile lab operating exp. $5,000 $34 $9,260
Office expenses $2,500 $3 $2,740
Advertising expenses $1,570 $1,640
Insurance $2,850 $2,850
Miscellaneous expenses $970 $2 $535
<h2>Spelling, punctuation, grammar, dealing with dates, logical flow of the content, maintaining the style throughout, etc. </h2>
Explanation:
Spelling:
The most important challenge that it has be considered seriously while proof reading. Misspelling of words may sometimes lead to false understanding of a sentence. If spellings are wrong it implies that the contents are not worthy.
Punctuation:
- Necessary to get proper meaning
- Makes document reader-friendly
Grammar:
- This is an highlight of the content
- Mandatory to follow good grammar
Logical flow:
- To understand the meaning
- To connect and understand the writer's point of view clearly
