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alukav5142 [94]
2 years ago
11

Why is it important to reconcile your bank statements?

Business
2 answers:
densk [106]2 years ago
5 0

Answer:

hen you reconcile your business bank account, you compare your internal financial records against the records provided to you by your bank. A monthly reconciliation helps you identify any unusual transactions that might be caused by fraud or accounting errors, and the practice can also help you spot inefficiencies.

Explanation:

MArishka [77]2 years ago
5 0

Answer:

When you reconcile your business bank account, you compare your internal financial records against the records provided to you by your bank. A monthly reconciliation helps you identify any unusual transactions that might be caused by fraud or accounting errors, and the practice can also help you spot inefficiencies.

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In recent years, foreign firms were reluctant to merge with or acquire American corporations.a. Trueb. False
dangina [55]

Answer:

b. False

Explanation:

Merging or acquiring American corporations by foreign firms helps them consolidating businesses or assets with a view to increasing productivity, maintaining a competitive edge, growing market share, or controlling supply and distribution networks. It gives them a reputation at the international stage as the United States has a dominant capitalist stand and merging with it ensures a promising future in the business market.

8 0
3 years ago
Your company is about to undertake a major investment project. The project will require an initial outlay of $100 million for fi
Tcecarenko [31]

Answer:

A) initial outlay = $150 million

Cash flow year 1 = [($30 - $25) x 0.6] + $25 = $28

Cash flow year 2 = [($30 - $25) x 0.6] + $25 = $28

Cash flow year 3 = [($30 - $25) x 0.6] + $25 = $28

Cash flow year 4 = [($30 - $25) x 0.6] + $25 + ($25 x 60%) + $50 = $93

B) Using a financial calculator, NPV = -$16.85 million

C) cash flow year 4 should increase by $24.667 million, meaning that the selling price must increase by $$24.667/0.6 = $41.11 million

minimum selling price $25 + $41.11 = $66.11 million

7 0
3 years ago
Dane works as a sales representative for the Better Butter Company. He is about to meet with his manager to review his progress
Tamiku [17]

Answer:

The answer is: B) management by objectives (MBO)

Explanation:

Management by objectives (MBO) is a strategic management model developed by Peter Drucker. Drucker's main principle stated that MBO was: to determine joint objectives and to provide feedback on the results.

According to this model, when employees participate in setting goals and action plans they will feel encouraged to participate and commit to the organization's goals. By jointly (employees + management) setting challenging but attainable objectives, employees felt empowered and motivated to fulfill those goals.

7 0
3 years ago
An unstable government is one that __________.
taurus [48]

Answer:

C

Explanation:

An unstable government is one that changes hand frequently.

<u>When something is said to be unstable, it means that thing keeps fluctuating from one situation, value, or condition to another. </u>

<em>An unstable government is one in which those at the elms of affairs keep changing at frequent intervals. With each new administrator comes new policies. Hence, there are inconsistencies in policy formulation.</em>

Correct option: C

5 0
3 years ago
Read 2 more answers
GINNY: I think itâs safe to say that, in general, the savings rate of households in todayâs economy is much lower than it really
zhuklara [117]

Answer:

Taxing polluters is one of the best ways to protect the environment

Explanation:

6 0
3 years ago
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