Havermill co. establishes a $420 petty cash fund on september 1. on september 30, the fund is replenished. the accumulated receipts on that date represent $90 for office supplies, $171 for merchandise inventory, and $39 for miscellaneous expenses. the fund has a balance of $120. on october 1, the accountant determines that the fund should be increased by $84. the journal entry to record the establishment of the fund on september 1 is:

 debit cash $420; credit petty cash $420

.  debit petty cash $420; credit accounts payable $420.

 debit miscellaneous expense $420; credit cash $420

.  debit petty cash $420; credit cash $420

.  debit cash $420; credit accounts payable $420.

If temper company, a manufacturer of mattresses, was considering moving its production facilities to china but decided against it because the additional costs of shipping the mattresses back to the u.s. would offset the cost savings associated with moving the production facilities, the increased costs associated with shipping would be an example ofanswers: learning-curve economies.diseconomies of scale.economies of scale.competitive advantages.

In order to be thoughtful about the implementation of security policies and controls, leaders must balance the need to reduce with the impact to the business operations. doing so could mean phasing security controls in over time or be as simple as aligning security implementation with the business’s training events.

Variable rate cd’s = $90 treasury bills = $150 discount loans = $20 treasury notes = $100 fixed rate cds = $160 money market deposit accts. = $140 savings deposits = $90 fed funds borrowing = $40 variable rate mortgage loans $140 demand deposits = $40 primary reserves = $50 fixed rate loans = $210 fed funds lending = $50 equity capital = $120 a. develop a balance sheet from the above data. be sure to divide your balance sheet into rate-sensitive assets and liabilities as we did in class and in the examples. b. perform a standard gap analysis and a duration analysis using the above data if you have a 1.15% decrease in interest rates and an average duration of assets of 5.4 years and an average duration of liabilities of 3.8 years. c. indicate if this bank will remain solvent after the valuation changes. if so, indicate the new level of equity capital after the valuation changes. if not, indicate the amount of the shortage in equity capital.