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2 years ago

Is a market where securities are bought and sold

Business

1 answer:

pantera1 [17]2 years ago

5 0

A primary market is where securities are bought and sold.

You can buy and sell securities through brokerages, the issuing company, banks, or individual investors.

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Bonita Industries had the following bank reconciliation at March 31, 2020: Balance per bank statement, 3/31/20 $74600 Add: Depos

drek231 [11]

Answer:

$50,400

Explanation:

Cash Balance as per bank statement $62,900

[$69700+$25300-$20400+$87600-$99300]

Less: Outstanding checks at April 30, 2020 $12,500

Adjusted Cash balance per bank $50,400

So, the cash balance per books at April 30, 2020 is $50,400

5 0

3 years ago

You purchase an annuity due for $1,200. The annuity has 11 annual payments of 100 and a larger payment at the beginning of year

romanna [79]

Answer:

Give me brainliest pls! I neeed it to rank up jus pls do it!

Explanation:

8 0

2 years ago

Define a SMART goal for your own team

Yanka [14]

Answer:

<h3>To make sure your goals are clear and reachable, one should consider setting SMART goals (Specific, Measurable, Achievable, Relevant, and Timely</h3>

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2 years ago

Pro forma financial statements are the most comprehensive means of financial forecasting. projections of financial statements fo

nadezda [96]

Answer:

The correct answer is All of the options are true.

Explanation:

Proforma financial statements are projected statements. Generally, the data is forecast one year in advance, for example, in a transformation company the proforma status obtained based on the master budget is very complete, all projections are seen starting with the sales forecast and from this They make the other projections.

The Proforma Financial Statements are states that contain, in whole or in part, one or more assumptions or hypotheses in order to show what the financial situation or the results of the operations would be if they occurred.

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3 years ago

High-Low Method

frozen [14]

Answer:

Requirement 1

High Point = March

Low Point = January

Requirement 2

Variable rate for tanning $0.41 per tanning appointment

Fixed cost per month $1,457

Requirement 3

Total Cost = $1,457 + $0.41 × Activity Level

Requirement 4

Total predicted cost for September $ 2,482

Total fixed cost for September $1,457

Total predicted variable cost for September $1,025

Explanation:

Requirement 1

High Point = March

Low Point = January

Requirement 2

Variable Cost = Difference in Overhead Cost (High - Low)/ Difference in Activity (High - Low)

= $2,810 - $1,744 / 3,300 - 700

= $1,066/ 2,600

= $0.41

Fixed Cost Component = Total Overhead Cost - Variable Cost × Selected Activity.

Lets Select, January 700 $1,744

Fixed Cost Component = Total Overhead Cost - Variable Cost × Selected Activity.

= $1,744 - $0.41 × 700

= $1,457

Requirement 3

Cost formula for tanning services

Total Cost = Fixed Cost + Variable Cost

thus,

Total Cost = $1,457 + $0.41 × Activity Level

Requirement 4

Total Cost = $1,457 + $0.41 × Activity Level

= $1,457 + $0.41 × 2,500

= $ 2,482

6 0

2 years ago