Business, 21.12.2019 06:31 explained1256
Jimmy company’s cash balance at the end of the month was $8,500. after comparing the company’s records with the monthly bank statement, carla’s accountant identified the following reconciling items: outstanding checks, $800; deposits in transit, $700; bank service charge, $30; nsf check, $500. what is the adjusted cash balance?
a) $6,600
b) $6,370
c) $7,970
d) the adjusted cash balance cannot be determined from this information.
Answers: 3
Business, 21.06.2019 17:10
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Business, 21.06.2019 19:30
Which of the following is an example of the use of fiscal policy by the u.s. government? a. congress makes it illegal for the police union to go on strike. b. the federal reserve bank lowers the interest rate on loans to corporations. c. the department of transportation increases spending on highway repairs. d. the supreme court rules that unions have the right to collective bargaining. 2b2t
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Kelso electric is debating between a leveraged and an unleveraged capital structure. the all equity capital structure would consist of 40,000 shares of stock. the debt and equity option would consist of 25,000 shares of stock plus $280,000 of debt with an interest rate of 7 percent. what is the break-even level of earnings before interest and taxes between these two options?
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Business, 22.06.2019 15:30
Brenda wants a new car that will be dependable transportation and look good. she wants to satisfy both functional and psychological needs. true or false
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Jimmy company’s cash balance at the end of the month was $8,500. after comparing the company’s recor...
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