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shutvik [7]
1 year ago
15

Easton Co. deposits all cash receipts on the day they are received and makes all cash payments by check. At the close of busines

s on June 30, its Cash account shows a debit balance of $72,709. Easton's June bank statement shows $68,349 on deposit in the bank. Determine the adjusted cash balance using the following information: Deposit in transit $7,550 Outstanding checks $3,175 Check printing fee, not yet recorded by company $40 Interest earned on account, not yet recorded by the company $55 The adjusted cash balance should be _________
Business
1 answer:
jek_recluse [69]1 year ago
3 0

Answer:

Easton Co.'s adjusted book balance June 30 =  $72,724

Explanation:

Bank balance June 30:  $68,349        Book balance June 30:  $72,709

Deposit in transit:              $7,550        Interest earned:                     $55

<u>Outstanding checks:        ($3,175) </u>       <u>Check printing fees:            ($40)  </u>

Adjusted bank balance: $72,724       Adjusted book balance:  $72,724

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A company opting to boost its sales of branded footwear by offering buyers 500 models/styles to choose from should consider redu
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D. investing in production improvement option B at those production facility locations producing 500 models.

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Ron was vacationing in​ France, when his camera was stolen. As he walked into a camera​ store, Ron noticed that camera prices we
Mnenie [13.5K]

Answer:

130.43 euros

Explanation:

Since Ron willing to Pay is $150

Now we have to convert $150 in euros

As we know that

exchange rate × willing to pay in euro = Willing to pay in Dollar

i.e.

willing to pay in euro = Willing to pay in Dollar ÷ Exchange rate

= 150 ÷ 1.15

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Hence, the ron be paying in euros is 130.43

The same would be relevant

5 0
1 year ago
A cell phone company has launched a new cell phone with advanced features. Which promotional strategy would be the best for the
ludmilkaskok [199]

Answer:

C. Place advertisements on social media

Explanation:

The promotional strategy that would be best suited for a new cell phone with advanced features is advertisment on social media because it is meant for targeted audience.

Although radio advertisement covers a wider range of audience, social media advertisement will be the best for the above scenario because it covers targeted audience and also perspective buyers would like to see sample of those features which will not be possible in radio advertisement.

There are various social media platforms like Instagrams, linkedln etc where these products can be advertised and the advanced features seen by targeted audience before placing an order.

6 0
1 year ago
Read 2 more answers
From the set $\{1, 2, 3, \dots, 20\},$ ten numbers are chosen at random, forming a subset. Let $M$ be the largest element among
Marysya12 [62]

The largest element can be as small as 10, which happens when the subset is {1, 2, ..., 10}.  The probability of choosing this subset is (1/2)^10 = 1/1024.  (Every element from 1 to 10 can either be in the subset, or not.)

The largest element can also be 11.  All the numbers in the subset must be from 1 to 10, and we must choose 1 to leave out, so the probability that the largest element is 11 is C(10,1)*1/1024.

The largest element can also be 12.  All the numbers in the subset must be from 1 to 11, and we must choose 2 to leave out, so the probability that the largest element is 12 is C(11,2)*1/1024.

We can do the other cases similarly:

Largest element is 13 -> C(12,3)*1/1024

Largest element is 14 -> C(13,4)*1/1024

Largest element is 15 -> C(14,5)*1/1024

Largest element is 16 -> C(15,6)*1/1024

Largest element is 17 -> C(16,7)*1/1024

Largest element is 18 -> C(17,8)*1/1024

Largest element is 19 -> C(18,9)*1/1024

Largest element is 20 -> C(19,10)*1/1024

Adding these up, we get (1 + C(10,1) + C(11,2) + ... + C(19,10))*1/1024.  Since 1 = C(9,0), we also get (C(9,0) + C(10,1) + C(11,2) + ... + C(19,10))*1/1024.

By the Hockey Stick Identity, C(9,0) + C(10,1) + C(11,2) + ... + C(19,10) = C(20,10), so the expected value of the largest element is 1/11*C(20,10)*1/1024 = 4199/256.

6 0
1 year ago
Keegan, a distribution specialist, has been looking for ways to improve the flow of parts and materials from his company's wareh
bezimeni [28]

Answer:

The correct answer is letter "A": True.

Explanation:

Inbound logistics refers to goods entering a company being shipped, processed and delivered. Inbound logistics is concerned with the relationship between companies and their suppliers. Inbound logistics is related to all inner processes a firm carries on to manufacture a product until it leaves the company for retail.

3 0
1 year ago
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