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lakkis [162]
3 years ago
7

1

Business
1 answer:
Yuliya22 [10]3 years ago
4 0
I would think the answer is option b
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The following information is available for Trinkle Company for the month of June: The unadjusted balance per the bank statement
slava [35]

Answer:

$79,039

Explanation:

A Bank Reconciliation Statement is used to determine the true cash balance

<u>Bank Reconciliation Statement as as June 30 </u>

Balance as per Bank Statement               $81,500

Add Outstanding Lodgments                     $3,150

Less Unpresented Checks                         ($5,611)

Balance as per Cash Book                       $79,039

Therefore, the true cash balance as of June 30 is $79,039

3 0
3 years ago
Refer to Exhibit 4.1. What is the firm's total debt to total capital ratio? Do not round your intermediate calculations.
Evgen [1.6K]

The question is about the financial leverage ratio which is total debt to total capital.

The correct answer to the given question is D. 46.51%

<h3>Explanation</h3>

This ratio measures the financial leverage of a company. It assess how much asset of a company are financed by debt.

<h3>Formula</h3>

The formula to calculate total debt to total capital ratio is :

Total Debt [ Long term + Short Term] / Total Capital

If the total debt of the company is 29,060 and total capital is 62,481,

29,060 / 62,481 = 46.51%

The correct option is d. 46.51%

The exhibit 4.1 is found on quizlet website.

Learn more business at brainly.com/question/26254074

4 0
3 years ago
17.the key factor that determines whether the supply of a good will be elastic or inelastic is _____.
kati45 [8]
The answer to the question above is time. As time pass, it will show the effects of the supply and how it will be elastic or inelastic. Time will tell how the changes will happen because it shows the length of the effects will occur and when it will the changes take place. This will help the people evaluate the supply of goods as time takes place.
6 0
4 years ago
If profits are negative in a monopolistically competitive market, then: the industry will stop production. new firms will enter
Genrish500 [490]

Profits are negative in a monopolistically competitive market, the new firms will enter the market until economic profits are zero.

<h3>What is competitive market?</h3>

Competitive market is a market that involves many sellers and producer that are competing with one another.

They compete to provide goods and services

Therefore, profits are negative in a monopolistically competitive market new firms will enter the market until economic profits are zero.

Learn more on competitive market here,

brainly.com/question/25717627

7 0
3 years ago
What is an example of a network database?
zheka24 [161]
Third one.............................
4 0
4 years ago
Read 2 more answers
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