Answer:
a. $4,160.
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 adjusted cash book balance is one that contains the necessary adjustments to transactions captured in the bank statement but yet to be recorded in the books.
The adjusting items are
- Notes receivable and interest collected by bank 850
- Bank charge for check printing 20
- NSF check 170
Hence the adjusted cash balance
= $3500 + $850 - $20 - $170
= $4,160
Answer:
d. They coordinate dosely with suppliers and service providers to reduce customer wait times.
Explanation:
Companies that use agile style of operations focus on incremental delivery of service, continual planning, team collaboration, and continuous learning.
This gives the company the ability of responding quickly to market changes by coordinating closely with suppliers and service providers to reduce customer wait times.
Clothes Unlimited is an example of an agile company that integrates agility into their supply chains. The company employs regular small-batch deliveries to all of its stores twice a week and uses real-time data to assess customer preferences
Answer: b. Permissible if the Notary Signing Agent has the breakdown of the fees
Choices are:
“A. prohibited under all circumstances, regardless of the Notary Signing Agent’s level of expertise”
“B. permissible if the Notary Signing Agent has the breakdown of the fees”
“C. recommended in order to convince the borrower he or she is getting a fairly priced best loan”
“D. encouraged in order to provide superior customer service to the borrower”
The notary is allowed to explain the fees that make up the Annual Percentage Rate (APR) of a borrower’s loan but he is not allowed to comment on its source, its accuracy, or his opinion of the information.
Answer:
D. especially large and sustained government borrowing
Explanation:
When a government spends more than it collects in taxes, it runs a budget deficit. When the government starts borrowing large sums too much, it can substantially facilitate the reduction in the financial capital available to private sector firms, as well as lead to trade uncertainties and even financial crises.
We know that expected return is 16%. The standard deviation is 20%. And in addition, the risk-free rate is 4%. Denote with x: expected return, "Y": the risk-free rate and sigma: standard deviation. The reward-to-volatility ratio is(x-y) / (sigma) = (16-4) / 20 = .6
