1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
professor190 [17]
3 years ago
7

The cash records of Crane Company show the following. For July:

Business
1 answer:
ad-work [718]3 years ago
6 0

Answer:

A. $3,560

B. $3,430

C. $4,120

D. $3,730

Explanation:

A. Calculation for the deposits in transit at July 31

July 1 Deposit in transit=$18,550 - ($15,720 - $730)

July 1 Deposit in transit=$18,550-$14,990

July 1 Deposit in transit= $3,560

Therefore ​the deposits in transit at July 31 were $3,560

B. Calculation for the outstanding checks at July 31

July 31 Outstanding checks=$18,540 - ($16,020 - $910)

July 31 Outstanding checks=$18,540-$15,110

July 31 Outstanding checks= $3,430

Therefore the outstanding checks at July 31 were $3,430

C. Calculation for the deposits in transit at August 31

August 31 Deposits in transit=$27,280 - $26,010 + $2,850

August 31 Deposits in transit= $4,120

Therefore the deposits in transit at August 31 were $4,120

D. Calculation for the outstanding checks at August 31

August 31 Outstanding checks=$24,460 - $23,110 + $2,380

August 31 Outstanding checks= $3,730

Therefore the outstanding checks at August 31 were $3,730

You might be interested in
.If you employer gives you a raise that is equal to the inflation rate, then your real salary will have increased T/F
AysviL [449]

I would say the answer is True

7 0
3 years ago
you have 300,000 saved for retirement. your account earns 6% interest. How much will you put out each month
Marat540 [252]

$2727

What is compound interest?

Compound interest, also known as interest on principal and interest, is the adding of interest to the principal amount of a loan or deposit. It occurs when interest is reinvested, or added to the loaned capital rather than paid out, or when the borrower is required to pay it, so that interest is generated the next period on the principal amount plus any accumulated interest. In finance and economics, compound interest is common.

In contrast to simple interest, which does not compound since past interest is not added to the principal for the current period, compound interest allows interest to build over time. The interest per period multiplied by the number of periods in a year yields the simple annual interest rate.

Learn more about compound interest with the help of given link:-

brainly.com/question/18456266

#SPJ4

5 0
1 year ago
Which of the following tactics might public sector unions use to increase management's cost of disagreeing with the union positi
rjkz [21]

Answer:

D. All the above are legal tactics that the union can use to pressure management to accept the union's position on an issue.

Explanation:

Each and everyone one of the options mentioned above are tactics adopted by the union in pressuring management to accept their position on most of the issues which they have or are arguing about.

5 0
3 years ago
How does a company build its strategic management game plan to attract and please customers, compete successfully, conduct opera
klio [65]

Explanation:

It is necessary for companies to develop a strategic business plan, which contains the action plans necessary for an organization to achieve its objectives and goals.

The organization's strategic planning will comprise long-term objectives, including the company's guidelines, its mission, vision and values, the analysis of internal and external environments, and action plans, which will help the company to be well positioned, profitable and competitive in the market.

4 0
3 years ago
"if Washburn achieves the sales target of 2,000 units at the $349 retail price, what will its profit be?"
dybincka [34]

Answer: $370,000

Explanation:

Your question isn't complete as there were some further questions asked before getting to this question.

The profit from 2,000 units at $349 will be:

Profit = Total revenue – Total cost

Total revenue = (P x Q)

= $349 x 2000

= $698000

Total cost = [FC + (UVC x Q)]=

= [$38,000 + ($145 x 2,000)]

=$38000 + $290000

= $328000

Profit = Total revenue - Total cost

Profit = $698000 - $328000

Profit = $370000

5 0
2 years ago
Other questions:
  • Matt Shaw buys 100 shares of common stock for $8,000 in January. The value of the stock fluctuates in a narrow range (averaging
    12·1 answer
  • The aim of​ _____________ is to produce high customer equity​, the total combined customer lifetime values of all of the​ compan
    13·1 answer
  • Organizations use ________ to identify where their process expectations differ from sap capabilities. select one:
    15·1 answer
  • Stocks A and B have the following data. The market risk premium is 6.0% and the risk-free rate 6.4%. Assuming the stock market i
    8·1 answer
  • Assume that the company expects sales of each product to decline to 25,000 units next year with no change in unit selling price.
    11·1 answer
  • Tapestry Corporation will spend $1 million for special production equipment. Shipping and installation charges will amount to $1
    12·1 answer
  • ______________ recognizes that a company’s performance should be viewed not only in terms of its ability to generate economic pr
    8·1 answer
  • Williams Corp. is considering signing contracts that will obligate the firm to purchase 100000 Swiss Francs worth of computer eq
    15·1 answer
  • At Bargain Electronics, it costs $29 per unit ($16 variable and $13 fixed) to make an MP3 player that normally sells for $51. A
    8·1 answer
  • The price of labor is $1,000 per day, and the price of capital is $3,000 per day. To hire inputs in a cost-minimizing way, the f
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!