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
valentinak56 [21]
3 years ago
11

Use the following to answer questions 5-8

Business
1 answer:
ratelena [41]3 years ago
7 0

Answer:

    Item                                                     Identification

5.  Bank deducted too much out of      Added to bank statement balance

    the checking account

6.  Bank charges for new checks         Subtracted from company cash

    ordered for the checking amount

    balance

7.  Interest earned on the checking     Added to company cash balance

    account  

8.  Checks written but have not            Subtracted from bank statement

     cleared the bank yet                        balance

9. Total sum of amount used to reconcile the bank balance = Deposit in transit - Outstanding checks = $126,000 - $147,500 = -$21,500

10. Total amount used to reconcile the company cash balance = Interest earned - NSF check - Service fee + Customer payment collected by bank = $32 - $119 - $20 + $6,250 = $6,143

11. Balance in company's cash account after reconciliation = Cash balance on Feb 28 + Total amount used to reconcile the company cash balance = $220,000 + $6,143 = $226,143

You might be interested in
Decide whether the law should be interpreted to forbid motorcycles, bicycles, children's pedal cars, and battery-powered remote-
PilotLPTM [1.2K]

Answer:

1 motorcycles should be forbidden

2 bicycles should not be forbidden

3 children's pedal cars, and battery-powered remote-control cars should not be forbidden from pathways

Explanation:

1. motorcycle: these emit gases into the air that are not fit for the environment. apart from causing pollution, they are a source of noise pollution and they could cause accidents in the parks. therefore they should be banned.

2. bicycles: bicycles are manually powered, they should not be banned in the park because they are not a source of noise pollution and neither do they pollute the environment. riding a bicycle should be encouraged as it is a good way of keeping the body fit

3. children's pedal cars, and battery-powered remote-control cars: they should not be restricted because a recreational park is the best place for children to use them. they do not bring about harms to the environment or to people.

3 0
4 years ago
Candle in the Wind is a store for people who enjoy and collect candles to decorate their homes. Last year, its net sales totaled
melisa1 [442]

Answer:

$15,700

Explanation:

The computation of the net profit after taxes is shown below:

Sales revenue                                    $125,000

Less: Cost of goods sold -                -$42,300

Gross profit                                         $82,700

Less: Operating expenses

One time part assistant       $52,000  

Administrative expenses     $400

Utilities expenses                 $900

Total operating expenses                 -$53,300

Net Profit before tax                          $29,400

Less: income tax expense                -$13,700

Net profit after tax                             $15,700

3 0
4 years ago
Welcome Inn Hotels is considering the construction of a new hotel for $90 million. The expected life of the hotel is 30 years, w
steposvetlana [31]

Answer:

a. Annual Net cash flows:

= Revenue - Expenses + Depreciation

= 26,000,000 - 15,000,000 + (90,000,000 / 30 years)

= 11,000,000 + 3,000,000

= $14,000,000

b. Net present value:

= Present value of cashflows - Investment cost

= (Annual cashflow * present value of an annuity, 14%, 30 periods) - Investment cost

= (14,000,000 * 7.003) - 90,000,000

= $8,042,000

c. Company should construct the hotel as it would bring a positive Net Present Value

Note: In "b" the cashflow was treated as an annuity because it is constant.

3 0
3 years ago
Studies of the effects of immigration into the United States from Mexico tend to find that the big winners are the migrants them
Cerrena [4.2K]

Answer: Please refer to the explanation section

Explanation:

the question is incomplete, example in problem 6 in not provided , how ever the question is clear enough with regards to what is required we will explain the effects of migration in the united states economy.

Many Sectors in the economy of the united states, have benefited and continue to benefit from the immigration into the united states from mexico. When Mexicans migrate to the United states different sector benefit because of the expanded skilled and semi skilled workforce. Hospitality sector, construction sector, Business sector benefits from the migration of Mexicans to the united states even the government does benefit because more workers more tax collected. however there are costs associated with immigration for mexico and united states with mexico loosing skilled labour.  The big winners in immigration are immigrants them selves.

Immigrants get access to quality services and their standard of living improves because of working and living in a developed country like The united states.

Immigration would increase rapidly if borders were open with no restrictions on immigration, an increased number of people migrating to the United State will end up creating more costs than benefits for the country. Unemployment rate will increase because there would more work than jobs available.

8 0
4 years ago
Loretta is a product manager at a popular printing company. Though none of her small business clients have requested to print on
earnstyle [38]

.... She attempts to influence her clients to switch to printing on the new materials. This is known as a proactive type of approach

This is further explained below.

<h3>What is a proactive type of approach?</h3>

Generally, Proactive actions prepare for the future. Proactivity is a desired attribute in an individual, team, or organization. Reactive methods wait for the future to happen before acting.

In conclusion, "Loretta is a product manager at a popular printing company. Though none of her small business clients have requested to print on recycled paper, Loretta decides to stock some recycled paper products anyway because she sees this as an opportunity to increase her company’s reputation for sustainability. She attempts to influence her clients to switch to printing on the new materials." is a proactive type of approach

Read more about the proactive type of approach

brainly.com/question/18762497

#SPJ1

6 0
2 years ago
Other questions:
  • An integrity-based approach _____. a. helps very little concerning where questionable practices are occurring and where possible
    15·1 answer
  • Burt, a mentally impaired person, is asked by carl to sign a piece of paper that carl says is an autograph book. in fact, the do
    15·1 answer
  • What are the determinants of demand and provide the definition and example of each.​
    10·1 answer
  • According to the definitions in the asbestos standard, a professional who is qualified by education, training, and experience to
    13·1 answer
  • Exercise 18-3 On May 1, 2017, Headland Inc. entered into a contract to deliver one of its specialty mowers to Kickapoo Landscapi
    5·1 answer
  • Joanna received $68,400 compensation from her employer, the value of her stock in ABC company appreciated by $8,600 during the y
    14·1 answer
  • Digital dashboards provide the decision makers with a quick overview of key performance indicators and other key operational sta
    11·1 answer
  • Nirav, Samantha, and Nev want to incorporate their small skateboard business. To do so, they must file legal documents with the
    15·1 answer
  • In insurance Dishonest tendencies that increase the probability of loss are what types of hazard?
    6·1 answer
  • Bailand Company purchased a building for $148,000 that had an estimated residual value of $8,000 and an estimated service life o
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!