What is 700 units at $6.80 value

The cash account for Norwegian Medical Co. at April 30 indicated a balance of $403,784. The bank statement indicated a balance o

agasfer [191]

Answer:

Explanation:

cash account balance $403,784

note collected by bank $50,630

Error in check ($8,244)

Bank service fees ($170)

reconciled cash account $446,000

bank account balance $468,460

outstanding checks ($73,870)

deposit in transit $51,230

error in charging check $180

reconciled bank account $446,000

Dr Cash 50,630

Cr Notes receivable 48,220

Cr Intertest revenue 2,410

Dr Accounts payable 8,244

Cr Cash 8,244

Dr Bank fees expense 170

Cr Cash 170

Cash balance = $446,000

5 0

3 years ago

The tragedy of the commons results when ___________. A. too many public goods are provided.B. common pool resources are overuse

Korvikt [17]

Answer:

The correct answers are:

1) "B": common pool resources are overused.

2) "C": overfishing in public waters.

Explanation:

1) The tragedy of the commons is a resource-based economic problem that takes place when given resources are overexploited without a clear renewable plan or government restrictions that avoid the extinction of those resources. Those resources are usually scarce.

2) Overfishing in public waters is a clear example of the tragedy of the commons. Certain types of fish are scarce. The situation worsens when there are no clear limits imposed on fishermen who tend to overexploit fishing for economic purposes. A real-life example of this is the collapse of the North Atlantic Cod fisheries on Canada's eastern coast.

3 0

3 years ago

After years of using a mass marketing strategy, Digital Print Shops has responded to new competition from national chain stores

Kisachek [45]

Answer:

The answer to this question is B. Niche marketing

Explanation:

Niche marketing involves identifying and exploiting a small segment of a larger market by developing products to suit it. identifying and exploiting a small segment of a larger market by developing products to suit it.

A niche market cater for the unique demands that aren't being addressed by mainstream providers. Organisations pursue niche markets as a way to build loyalty and revenue with a largely-overlooked audience.

We can therefore conclude from the explanation in the questions as regards the activities of Digital Print Shops that it using a Niche marketing strategy

Hence the answer is B. Niche marketing

4 0

3 years ago

Read 2 more answers

Suppose canada has a population of 30 million people, and labore force participation rate of 2/3. furthermoew, suppose the natur

Tatiana [17]

Inflation is 110

Explanation:

The consumer price index is the ratio of the basket prices of the current year to the basket price of the base year multipliers by 100, this helps us to determine inflation

now, cpi in second year = $5500 / 5000^{*} 100$

= 110

7 0

3 years ago

Read 2 more answers

suppose larry's lariats produces 25,000 lassos and sells each for $10. what is the company's total revenue?

zmey [24]

If Larry's Lariats produces 25,000 lassos and sells each for $10, then the company's total revenue is $250,000.

What is total revenue?
Revenue is the sum of money that a company makes by charging a certain price for its products or services. It is the starting point of an organization's income statement that establishes how much net income it generates after deducting costs, taxes, and interest. It is one of the most crucial line items for a business as a result. There are numerous perspectives on the same number, despite the fact that it may only be one. These different levels of insight are beneficial to investors, analysts, and businesses. Total revenue as well as marginal revenue are two of the most popular types of revenue.

To learn more about total revenue
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3 0

1 year ago