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Delicious77 [7]
2 years ago
12

30 pts!! Easy please help!! I’ll mark brainliest!!!!

Business
1 answer:
cupoosta [38]2 years ago
4 0

I'm confused. I don't see mortgage 1?

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Easton Co. deposits all cash receipts on the day they are received and makes all cash payments by check. At the close of busines
Setler [38]

Answer:

$60,224

Explanation:

Calculation to determine what The adjusted cash balance should be:

Cash account debit balance+Check printing fee, not yet recorded

Let Plug in the formula

Adjusted cash balance=$60,209+$15

Adjusted cash balance=$60,224

Therefore The adjusted cash balance should be:$60,224

3 0
2 years ago
Using the income statement for Times Mirror and Glass Co., compute the following ratios:
Umnica [9.8K]

Answer:

(A) Interest coverage charge ratio= 6.21

(B) Fixed charge coverage = 2.84

(C) Profit margin ratio= 8.57%

(D) Total assets turnover= 1.55

(E) Return on assets= 13.26%

Explanation:

(A) The Interest coverage charge ratio can be calculated as follows= EBIT/Interest expense

= 45,300/7,300

= 6.21

(B) The fixed charge coverage can be calculated as follows

= income before fixed charge + interest/fixed charges + interest

= 45,300+13,300/7,300+13,300

= 58,600/20,600

= 2.84

(C) The profit margin ratio can be calculated as follows

= Net income/sales × 100

= 22,800/266,000 × 100

=0.0857 × 100

= 8.57%

(D) The total assets turnover can be calculated as follows

= Sales/total assets

= 266,000/172,000

= 1.55

(E) The return on assets can be calculated as follows

= Net income/Total assets × 100

= 22,800/172,000 × 100

= 0.13255×100

= 13.26%

8 0
3 years ago
If the actual unemployment rate is 7% and the cyclical unemployment rate is 2%, then the natural rate of unemployment is:
Luden [163]

Answer:

Hello Friend, I've done my personal research, and I apologize if the answer is incorrect.

The natural unemployment would be 5%.

Explanation:

The percentages of both kinds of employment statuses have an amount of what the natural rate of unemployment would be 5% which is the answer that is provided.

7 0
2 years ago
The amount of money you can charge to a credit card is called
uranmaximum [27]
It is called deposit.
8 0
3 years ago
Jill Gracie's current checkbook balance is $8,900.15. She opened up the bank statement and saw the bank's balance at $7,000.10.
Mrrafil [7]

Answer:

The reconciled balance is:

Explanation:

Cash  8900,15

 

Books  

Cash receipts pending on bank  -9821,55

Checks written                           7986,05

Checks written not recorded       -49,55

 

Banks  

Bank service fee                                   -48,1

Interest earned                                    33,1

 

Bank conciliation                               7000,1

Bank account                                      7000,1

7 0
2 years ago
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