Answer: $18,460
Explanation:
Amounts that will go towards the cash account at the end of the year include all actual cash, undeposited checks, bank balances and short term investments.
The Total amount of cash to report will therefore be;
= Currency located at the company + Short-term investments that mature within three months + Balance in savings account + Checks received from customers but not yet deposited + Coins located at the company + Balance in checking account
= 1,050+ 1,950 + 8,500 + 650 + 110 + 6,200
= $18,460
The Three-Step Writing Process includes the following steps: Plan
, Write and Complete. This method helps business communicate on a business level. The 3-x-3 writing process help people create messages in less time because it is very simple and straightforward and easy to follow so that anyone could use it to compose a written material. As a result this process creates efficient communication that leads to increased productivity, faster problem solving and stronger decision-making.
<span>The reasoning behind it should be that the money must be allocated properly. Start up phase usually has little profit if any at all. A big project is more important than a new facility because a big project can help make it a big company that will easily build a new facility. That's why they invest in the project instead of the new building and they postpone it for a later period.</span>
Answer:
Hope it will be worth less
Explanation:
Exchange rate is the rate at which one countrie's currency can be exchanged for another. In international trade this is an important consideration because if one buys when the rate is low and sells at high rate he will be making a loss and vice versa.
In this case the exchange rate is $1 to 47 rupees. If the dollar grows stronger than the rupee it will cost more ruppes to buy a dollar, and so the solar panels will have to cost more to break even.
If the dollar grows weak against rupee less rupees will be required to buy the dollar, so the solar panels can be priced lower to break even. This will lead to more customers and bigger profit margin.