Answer:
Paying more cash to its creditors and stockholders than the amount it received from them (1)
Explanation:
Stockholders are the primary owners of the company who have invested their money in the company's shares i.e equity holders and expect a reasonable returns higher than their investment.
Creditors are money lenders like banks i.e debt holders who have given loan or bank overdraft to the company and expecting the company to pay back at an agreed date with interest.
A firm creates value by being able to invest money sourced from various investors into a viable project that guaranteed greater returns than the weighted average cost of capital.
Answer:
Freemiun
Explanation:
It is a price strategy that provides a good or service free of cost, however for the added features, facilities or digital (online) or physical (offline) goods that broaden the functions of the free version of software money (a premium) is billed.
Answer: I think it’s D The sales team is the voice of an organization, so there should be no scope for misinformation.
Explanation: They should be in constant communication so misinformation can be stopped.
Answer:
The correct answer is GDP
; Real GDP
; Avoids.
Explanation:
The main consequence of inflation is the loss of purchasing power, which means that less goods and services can be purchased with the same amount of money because their price has risen.
The main effects of inflation are as follows:
- Price increase that implies a loss of purchasing power.
- Great uncertainty is generated that causes a significant decrease in investment in the medium and long term.
- Speculative financial investments increase, which further destabilizes the situation.
- The population tends to hoard due to concerns that prices will continue to rise.
- Inflation is regressive, because its negative impact affects more those who have less economic resources because they do not have the elements that help to alleviate it.
- Those who have debts to pay benefit from those who have to collect them (which are logically damaged) because the amount to be repaid is the same while the money is worth less.
Answer:
Bank reconciliation for Candace Co. for May 31
Amount in $ Amount in $
Balance per Bank statement 2,936
Less;
Outstanding checks (465)
Add;
Deposits in transit 655
Bank charge 50
Erroneous check to supplier <u> 18</u> <u> 723</u>
Balance per cash account <u>3,194 </u>
Explanation:
The bank reconciliation is one done between the balance per the books and balance per the bank statement. This is usually as a result of transactions known as reconciling items.
These are items that have either been recognized in books but yet to be recorded by the bank or vice versa, transactions recorded wrongly by one of the parties etc.
The outstanding checks has been deducted from the cash book hence it will be deducted from the bank statement balance in the reconciliation statement.
The bank charges is yet to be recorded in the cash books as a deduction hence it will be added back to the bank statement balance in the reconciliation statement.
The bank deposit has been recorded as an inflow in the cash balance hence it will be added to the bank balance in the reconciliation statement.
The erroneous check amount difference
= $97 - $79
= $18
This will be added to the banks balance as it has been underdeducted in the cash balance in the reconciliation statement.