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nadezda [96]
3 years ago
13

The following data was identified by Raines Corp. in preparation of its bank reconciliation on October 31, 2017:

Business
1 answer:
Elena-2011 [213]3 years ago
3 0

Answer:

the  adjusted cash balance on October 31, 2017 is $29,600

Explanation:

The computation of the  adjusted cash balance on October 31, 2017 is shown below:

Bank statement balance $30,700

Add: Deposits in transit $3,100

Less; Outstanding checks $4,200

Adjusted cash balance on October 31, 2017 $29,600

hence,  the  adjusted cash balance on October 31, 2017 is $29,600

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You are a newsvendor selling San Pedro Times every morning. Before you get to work, you go to the printer and buy the day’s pape
Salsk061 [2.6K]

Answer:

Total number of copies that buy each morning is Q = 357.96

Explanation:

Given Data:

cost of per copy = $0.30

Buying cost for paper =$1.50

standard deviation = 57

mean = 285

service\ level = \frac{ profit}{profit + per\ copy\ cost}

service\ level = \frac{1.50-0.30}{(1.50-0.30 )+0.30}

service level = 0.80

z value for  80% is 1.28

Therefore total number of copies calculated as

Q = \sigma z + \mu

Q = 1.28\times 57 +285

Q = 357.96

8 0
3 years ago
If lucinda has only $18 to spend and the price of kewpie dolls and the price of beanie babies are both $6, how many of each woul
Step2247 [10]
<span>Lucinda could buy either 2 kewpie dolls and 1 beanie baby, or 1 beanie baby and 2 kewpie dolls at $6 a piece if she has $18. Rationally, Lucinda would want at least one of each toy. Whether she went with the first or second option the amount she would spend would be as follows: $6Ă—3 toys=$18.</span>
6 0
4 years ago
As referenced in the Left-to-Right Economic Spectrum of Faces in the Economy chapter, which of the following peeps is the furthe
Marta_Voda [28]

Answer:

The correct answer is letter "B": Nicolas Maduro of Venezuela.

Explanation:

The left-wing in politics is characterized by following pure communism, socialism, fascism, and anarchy ideas to rule a country. Even if the economy is regulated by the government under these societies promoting equal treatment moreover among the lowest economical stratus, human rights tend to be violated.  

Dictator Nicolas Maduro (born in 1962) took Venezuela's government after the decease of his predecessor Hugo Chavez (1954-2013). Under Maduro's mandate, Venezuela has an <em>inflation rate of 200,000% and the country's economy has contracted 35%</em>. Millions of Venezuelans have left the country because of the shortage of basic staples in the country and the lack of assistance to the masses' needs.

5 0
3 years ago
(a) suppose fiat recently entered into an agreement and plan of merger with case for $4.3 billion. prior to the merger, the mark
Kryger [21]

The herfindahl-hirschman index is calculated by summing the square of each company's market share.

In this case, the two firms separately would account for 628 of the herfindahl-hirschman index (12*12+22*22)

If the firms merge, they would account for 1,156 of the herfindahl-hirschman index (34*34)

This is an increase of 528 meaning the market is more concentrated.

3 0
3 years ago
f a taxpayer sells property for cash, the amount realized consists of the net proceeds from the sale. For each of the following,
Gala2k [10]

Answer:

a. The property is sold on credit.

<em>The amount realized is the cash received at the date of sale and the cash that will be received in future when the credit is settled.  </em>

 

b. A mortgage on the property is assumed by the buyer.

<em><u>The amount realized increases</u></em><em> because the seller will see their debt reduced and still receive cash from the buyer for the purchase of the property. </em>

 

c. A mortgage on the property is assumed by the seller.

<em><u>The amount realized decreases</u></em><em> because the realized amount will have to be net of the mortgage that the seller now has to pay. </em>  

d. The buyer acquires the property subject to a mortgage of the seller.

<em><u>Amount realized increases </u></em><em>as the buyer will become the one making mortgage payments instead of the seller which effectively means that the seller gets the realized value net of debt.  </em>

e. Stock that has a basis to the purchaser of $6,000 and a fair market value of $10,000 is received by the seller as part of the consideration.

<em><u>Realized value increases to $10,000</u></em><em> because that is the fair value of the stock when exchange for the property. </em>

5 0
3 years ago
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