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
Pie
3 years ago
10

1. Describe three different types of cash receipts that a business may record. Also identify the

Business
1 answer:
mariarad [96]3 years ago
6 0

answer 1 in the attachment ✌️✌️✌️

You might be interested in
Assume that banks hold no excess reserves and that all currency is deposited into the banking system. If the required reserve ra
GrogVix [38]

Answer:

2.75 million

Explanation:

Required reserves is the percentage of deposits required of banks to keep as reserves by the central bank

Required reserves = reserve requirement x deposits

Increase in value of money supply as a result of the purchase is determined by the money multiplier

Money multiplier = 1 / reserve requirement

1/0.05 = 20

increase in money supply = amount of open market purchase / reserve requirement

55  / 20 = 2.75 million

3 0
2 years ago
From an economic perspective, when consumers leave a fast-food restaurant because the lines to be served are too long, they have
Vilka [71]

Answer:

a) Marginal cost of waiting is greater than the marginal benefit of being served

Explanation:

For an economic perspective, customer leave a fast food restaurant as they find the marginal cost of waiting is higher than the cost of marginal benefit of being served at restaurant.

Marginal cost: In economics, it is a cost that is incurred for an additional unit of benefit received out of certain action or activity.

Marginal benefit: It is a benefit received for an additional unit of cost incurred during the activity taken place.

Therefore, customer have done analysis on the benefit of waiting in a queue for getting served at restaurant, which he found that marginal cost is greater than the marginal benefit of being served.

4 0
2 years ago
Qs 3-2 computing accrual and cash income lo c1 in its first year of operations, roma co. earned $64,000 in revenues and received
zmey [24]

Answer:

$17,600 ; $29,000

Explanation:

The computation of the net income is shown below:

Based on Cash basis

= Received cash - Expenses incurred in cash - prepaid expenses

= $56,000 - $26,900 - $11,500

= $17,600

Based on Accrual basis

= Revenue earned - expenses incurred

= $64,000 - $35,000

= $29,000

The cash expenses incurred is

= $35,000 - $8,100

= $26,900

5 0
3 years ago
Eve's apples opened its business on january 1, 2018, and paid for two insurance policies effective that date. The liability poli
Effectus [21]

Answer:

Balance in Prepaid insurance as of December 31 is $18,750

Explanation:

<em>       </em>Computation of Prepaid Insurance

Insurance 1    ($34,200 * 6/18)       $11,400

Insurance 2   ($14,700 * 12/24)      <u>$7,350 </u>

Total Prepaid Insurance               <u>$18,750</u>

8 0
3 years ago
A Cajun trinity, used in many Louisiana Creole and Cajun dishes such as gumbo, contains
lubasha [3.4K]
B. Onion, celery, and bell pepper!
6 0
3 years ago
Other questions:
  • A homesteaded property is located in Pensacola, Florida, in Escambia County. The city tax rate is 8.8 mills, the county tax rate
    13·1 answer
  • When money is used to compare the relative price of a burrito and a taco, money is being used as a
    12·2 answers
  • In expectancy theory, valence is
    13·1 answer
  • During Year 5, Stout Inc. made a cash payment of $186,000 on dividends declared in Year 4 and paid $2,650,000 to retire $2,620,0
    6·1 answer
  • Terryville Corporation plans to sell 48,000 units of its single product in March. The company has 3,500 units in its March 1 fin
    5·1 answer
  • River corp's total assets at the end of last year were $480,000 and its net income was $32,750. what was its return on total ass
    6·1 answer
  • Obviously, the lifetime membership isn’t a good deal if you only remain a member for a couple of years, but if you remain a memb
    15·1 answer
  • Suppose the price of apples doubles to $3.00 between year 1 and year 2 but that nothing else in the economy changes Instructions
    11·1 answer
  • g If it is difficult to substitute for a good in the short run, but easy in the long run, then _____ . Group of answer choices t
    7·1 answer
  • The word local describes:
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!