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3 years ago

The following information pertains to Lance Company.

Business

1 answer:

nalin [4]3 years ago

5 0

Answer and Explanation:

The preparation of the bank reconciliation statement is presented below:

Balance as per bank $8,732.00

Add: Deposit in transit $3,500.00

Less: Outstanding checks -$1,486.00

Adjusted bank balance $10,746.00

Balance as per books $8,768.00

Add: EFT received from customer $2,023.00

10791.00

Less: Service charges -$45.00

Adjusted book balance $10,746.00

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By improving the quality of goods and services produced, the ______ value of products and services is enhanced.

Viktor [21]

Answer:

functional.

Explanation:

The functional value can be perceived by the customer as a type of value that is related to the benefits and utility that a good or service will bring to satisfy his needs.

Therefore, improving the quality of the goods and services produced will increase their functional value.

Increasing the quality of goods and services may be a relevant competitive strategy for a company to achieve market advantages, since in the purchase decision process, the consumer will analyze the options on the market and choose the one that best satisfies their needs in relation to functional value of the product or service.

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3 years ago

You paid $10,000 for an investment that promises to pay $750 at the end of each of the next 5 years, then an additional lump sum

coldgirl [10]

Answer:

7.50%

Explanation:

The formula to solve this problem is stated below.

$p=\frac{A(1-(1+r)^{-n} }{r} + \frac{F}{(1+r)^{n} }$

where p = price paid = $10,000

A = annual coupon payment = $750

n = tenor = 5 years

F = face value paid at maturity = $10,000

r, the unknown = rate of return.

Using extrapolation, the value of r that resolves the problem = 7.5%. The is expected since the price of the bond is the same as face value. As such, the rate of return was the same as $\frac{A}{p}=\frac{750}{10,000}$ = 7.5%.

$10,000=\frac{750(1-(1.075)^{-5} }{0.075} + \frac{10,000}{(1.075)^{5} }$ .

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3 years ago

How many hours a week should a student plan to study for a three-credit course in a 15-week session?.

Paha777 [63]

Answer:

You should plan to study at least 2-3 hours a week for each credit. In other words, for each three-credit course, you would study 6-9 hours per week. When you compare this time with what you spend in class and studying outside of class, it is about the same.

Explanation:

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When your music teacher asks that you increase the decibels in a particular part of your performance, he is specifically request

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Loudness. Hope this helps.

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Luden [163]

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Introduce new or better products to existing markets. Continue development on your existing products, like your bestsellers, in order to renew your commitment to current customers to the best of your abilities. Through product development, you can expect to outperform competitors and keep your customers happy. Explore Partnership Opportunities

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2 years ago