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Anika [276]
3 years ago
6

Explain the potential issues that can arise by not keeping a balanced checkbook.

Business
1 answer:
alexdok [17]3 years ago
4 0

Answer:

Explanation:

You might not catch bank errors.

You might make an error in calculating your bank balance which could cause you to overdraft.

You might not see valid charges made by the bank.

You might forget to list automatic drafts from your checking account.

You might not catch errors you make such as double postings, etc.

you might not post automatic deposits to customer accounts, causing errors in your subsidiary ledgers.

you could double pay a bill by accident, also causing errors in subsidiary ledgers.

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The IPO process involves several entities, such as the issuing company, institutional investors, brokers, lawyers, regulators, r
Masteriza [31]

Answer:

The IPO Process

One of the underwriters in the IPO deal described above is.

a. J.P. Morgan Securities Inc.

Explanation:

J.P. Morgan Securities Inc. and the following underwriters, Goldman Sachs & Co., Bear Stearns & Co. Inc., Credit Suisse First Corporation, and Lehman Brothers Inc. was involved in the Initial Public Offering (IPO) in 1999, where $3.6 billion was raised in the United States and Canada.  An underwriter is a financial specialist, working closely with the issuing houses to determine the initial offering price of the securities.  The underwriters usually buy the securities from the issuer and then sell them to investors using its distribution network.

5 0
3 years ago
Mountain Excursions issues a bond due in 10 years with a stated interest rate of 7% and a face value of $200,000. Interest payme
-Dominant- [34]

Answer:

 $186,409.7  

Explanation:

The computation of the issue price of the bond is shown below:

Cash flows               Amount  PVF         Present value

Semi annual Interest   $,7000 13.59033 $95.132.31  

Maturity value     $200,000 0.456387 $91,277.4  

Price of bonds                                   $186,409.7  

The number of years is 20

And, the rate of interest is 4%

And please refer to the present value factor table

7 0
4 years ago
Exercise 25-08 Pierre’s Hair Salon is considering opening a new location in French Lick, California. The cost of building a new
Bas_tet [7]

Answer: 14%

Explanation:

To calculate the Annual Rate of Return on such a project, you divide the Average net profit that the project is expected to make by the Average investment value.

This in effect compares future income to the investment in the project and so is a very useful tool in analysis.

Annual Rate of Return = Average Net Profit / Average Investment

Average Net Profit.

A new salon will normally generate annual revenues of $64,160, with annual expenses (including depreciation) of $40,500.

The net profit is revenue less expenses so,

= 64,160 - 40,500

= $23,660

Average Investment

The Average Investment is calculated by taking the average of the Initial Value of the project and it's ending value.

Initial value is $262,000 as that was the cost.

The Ending Value is the salvage value of $76,000.

= (262,000 + 76,000) / 2

= $169,000

The Annual Rate of Return is,

= 23,660 / 169,000

= 0.14

= <u>14%</u>

6 0
3 years ago
Laura is forecasting the time and cost of developing an intranet for a new customer. Her department has completed six such intra
madam [21]

Answer:

Learning curve

Explanation:

Reference is made to the time and cost with respect to the fact that the proposed system is about the same size as others. Learning curve theory teaches to identify cost and time in relation to specific jobs

3 0
3 years ago
amazon’s efforts to offer customers the option to return or purchase items in the physical world is a decision that most closely
gulaghasi [49]

Amazon’s efforts to offer customers the option to return or purchase items in the physical world is a decision that most closely aligns with <u>Physical Evidence</u>.

This is because the retail marketing mix has seven elements.

These elements are usually known as the 7 Ps, including product, price, promotion, place, people, process, and physical evidence.

It is expected that the <u>Physical Evidence</u> should give the customers the sense of making a purchase.

This could be anything from collecting a physical receipt or having the opportunity to return a defective product.

The Physical Evidence gives the customers an impression of the value of what they purchase goods.

Hence, in this case, it is concluded that the correct answer is <u>Physical Evidence</u>.

Learn more here: brainly.com/question/15850455

7 0
3 years ago
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