Which reading style is suitable for reviewing material that you have previously read? close reading skimming scanning?

On March 31. 2019, Home Decorating Pavilion received a bank statement showing a balance of $9,810. The balance in the firm's che

NNADVOKAT [17]

Answer:

Both requirements 1 and 2 are the same, but I guess one refers to a bank reconciliation statement and the other one to a cash account reconciliation.

Bank account reconciliation:

bank balance $9,810

+ deposits in transit $2,935

- outstanding checks 358 and 359 ($2,225)

+ check deducted by mistake $590

reconciled bank account $11,110

Cash account reconciliation:

Cash account balance $10,276

+ note and interest collected $1,320

- bank fees ($31)

- NSF check Dane Jarls ($555)

+ error on check 341 $100

reconciled cash account $11,110

3 0

3 years ago

Southern Markets recently paid an annual dividend of $2.62 on its common stock. This dividend increases at an average rate of 3.

Tems11 [23]

Answer:

Dividend yield = 9.67%

Explanation:

Dividend growth rate = Average rate of increase in dividend = 3,8%

Next annual dividend = Annual dividend just paid * (100% + Dividend growth rate) = $2.62 * (100% + 3.8%) = $2.71956

Dividend yield = Next annual dividend / Current share selling price = $2.71956 / $28.12 = 0.0967, or 9.67%

5 0

3 years ago

In the rational choice decision process model, which of the following immediately follows the step where possible choices have b

nata0808 [166]

Answer:

Correct Answer:

b. Select the choice with the highest value.

Explanation:

In the rational choice decision process model, it is a series of process whereby steps are taking towards making a beneficial decision for a given business setup. In a situation where possible choices has been discovered, the next step would be to select the choice with the highest value which is going to be implemented.

3 0

3 years ago

Because of the wealth effect, a rising aggregate price level _____ the purchasing power of wealth and therefore _____ the aggreg

Tems11 [23]

Because of the wealth effect, a rising aggregate price level "reduces" the purchasing power of wealth and therefore "reduces" the aggregate quantity of output demanded.

<h3>What is wealth effect?</h3>

According to the wealth effect, a behavioural economic hypothesis, customers will spend more money even if their income stays the same.

The effect of wealth effect on aggregate demand is-

People will increase their consumption as their wealth rises. Thus, at lower price levels compared to higher price levels, the consumption component of aggregate demand will be stronger.
A person's desire for inexpensive fast food is likely to decline as their income rises, but their desire for more costly steak may increase.

To know more about the aggregate demand and aggregate supply, here

brainly.com/question/25749867

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6 0

3 years ago

Canada and the U.S. both produce wheat and computer software. Canada is said to have the comparative advantage in producing whea

timurjin [86]

Answer:

The correct answer is d. Canada requires fewer resources than the U.S. to produce a bushel of wheat.

Explanation:

A country (in this case Canada) has a comparative advantage over another country (in this case the United States) to produce a certain product (in this case wheat) if the production costs of that product (wheat) are less than from the other country, regardless of the opportunity cost of producing that other product in that country.

The comparative advantage is based on the fact that the country has developed greater efficiency in the use of resources or that it has greater ease of access to them due to better conditions of nature, greater technological development in the field in question, human capital more specialized in that economic field, etc.

The opportunity cost of producing a product or another in the same country does not affect a deterioration or increase of the comparative advantage developed to produce such a product.

6 0

4 years ago