Answer:
The answer is letter C.
Explanation:
The correct statement is If M and W merge, then the merged firm MW should have a WACC that is a simple average of M's and W's WACCs.
If a check correctly written and paid by the bank for $749 is incorrectly recorded in the company's books for $794, this error be treated on the bank reconciliation--- Subtract $45 from the book balance.
What is bank reconciliation?
Bank Reconciliation is an important process in accounting in which organizations match their bank statements with the transactions that are recorded in their general ledger. Preparing a bank reconciliation statement helps businesses to eliminate possible errors in transactions or bookkeeping
What is the journal entry for bank reconciliation?
The journal entries for the bank fees would debit Bank Service Charges and credit Cash. The journal entry for a customer's check that was returned due to insufficient funds will debit Accounts Receivable and will credit Cash.
Learn more about bank reconciliation :
brainly.com/question/15525383
#SPJ4
Answer:
If prices are cut by $0.2 then the operating income will increase by $91,200.
Explanation:
Current Gross Profit is :
Revenue [240,000 * $6] = $1,440,000
Cost of Sales = $1,416,000
Gross Profit = $24,000
If selling price is reduced to $5.80
Revenue $5.80 * [ 240,000 * 1.10 % ] = $1,531,200
Cost of Sales $1,416,000
Gross Profit = $115,200
Answer:
D.2, 3, 1.
Explanation:
The order of preparing the financial statement is described below:
1. Income statement
2. Statement of stockholder equity
3. Balance sheet
4. Cash flow statement
The income statement records all revenues generated and expenses incurred during a particular period.
The Statement of stockholder equity consists of common stock and the retained earning through which the ending balance could be computed.
The balance sheet reports the assets and liabilities of the company
And, the cash flow statement analyzes the cash inflow and cash outflow position of the company
Answer:
The correct word that fills the gap is: Irrelevant.
Explanation:
It is considered irrelevant since it is not the information the CEO is needing to assess the level of staff turnover. If the information corresponding to salary levels had been required to make adjustments, it would be relevant information.
Staff turnover is related to the level of exits and entries of new employees, and to calculate it requires only the relationship of income and expenses, not wages that must be evaluated by the human resources manager.
