Clayborn Company deposits all cash receipts on the day they are received and makes all cash payments by check. At the close of business on May 31, its Cash account shows a debit balance of $29,025. Clayborn's May bank statement shows a $25,400 balance in the bank. Determine the adjusted cash balance using the following information: Deposit in transit $ 8,800 Outstanding checks $ 7,000 Bank service fees, not yet recorded by company $ 145 A NSF check from a customer, not yet recorded by the company $ 1,680 The adjusted cash balance should be:

If the ceo of a large, diversified, firm were filling out a fitness report on a division manager (i.e., "grading" the manager), which of the following situations would be likely to cause the manager to receive a better grade? in all cases, assume that other things are held constant.a. the division's basic earning power ratio is above the average of other firms in its industry.b. the division's total assets turnover ratio is below the average for other firms in its industry.c. the division's debt ratio is above the average for other firms in the industry.d. the division's inventory turnover is 6, whereas the average for its competitors is 8.e. the division's dso (days' sales outstanding) is 40, whereas the average for its competitors is 30.