Your social media promotion can either narrowly target 50,000 users with an estimated click rate of 10% or broadly

In the process of reconciling its bank statement for January, Maxi's Clothing's accountant compiles the following information:

CaHeK987 [17]

Answer:

(D) $4,055

Explanation:

To find the adjusted book balance, we need the ending balance of the cash book:

Book balance $4,725

Less: bank service charges (25)

Less: EFT (380)

Less: NSF check returned by bank (265)

Adjusted book balance $4,055

Since bank service had been deducted from the bank, Maxis clothing had to deduct the same amount. When bank deducts any money, generally it notifies through text message or sometimes does not notify directly. Therefore, It had to be deducted from the cash book.

Maxi's accounts receivable paid him a check and the firm immediately added the amount to the cash book. When the accountant went for depositing the check, there were not sufficient fund (NSF). Therefore, the amount did not add to the bank balance. Hence, the firm had to deduct it again.

Through Electronic Fund Transfer (EFT), a payment had been made by the bank for Maxi clothing. Since the expense did not deduct from the cash book, the amount had to deduct it to get the adjusted book value.

7 0

2 years ago

At the local banking institution the branch manager doubles as the IT "go-to" by handling printer setups, resettingLAN passwords

andrezito [222]

Answer: d. The FTC’s Red Flags Rule

Explanation:

The Federal Trade Commission has a Red Flags Rules that requires that financial institutions like Banks should implement a program that is capable of flagging instances of suspicious activity that could point to identity theft in the covered accounts that it holds.

This bank's customers are seeing some suspicious activity in their checking accounts which could point to a case of identity theft. The Red Flags rule could therefore be the most relevant rule to the manager's discovery.

3 0

2 years ago

During the month of May, direct labor cost totaled $13,230 and direct labor cost was 45% of prime cost. If total manufacturing c

Mama L [17]

Answer:

$38,970= allocated overhead

Explanation:

Giving the following information:

direct labor cost totaled $13,230

direct labor cost was 45% of prime cost.

The total manufacturing costs in May were $81,600.

The prime cost is calculated summing the direct material and direct labor cost.

First, we need to calculate the direct material cost:

Direct material= (13,230*100)/45= 29,400

Prime costs= 29,400 + 13,230= 42,630

Now, we can calculate the allocated overhead:

total manufacturing costs= direct materials + direct labor + allocated manufacturing overhead

81,600= 42,630 + allocated overhead

38,970= allocated overhead

8 0

2 years ago

Cost of money Four fundamental factors affect the cost of money: (1) the return that borrowers expect to earn on their investmen

notka56 [123]

Answer:

b. 1 and 3.

Explanation:

The investors are of two types either they are risk averse or risk seekers. Risk averse are those who are not willing to take risks for their investments. They accept lower returns but they are not ready to take more risks than their appetite. Risk seekers are those who demand more risk for more returns. The risks level is so high that even their whole investments can go away but they take this risk to achieve high extra ordinary returns.

8 0

2 years ago

In the context of Camp Bow Wow, which of the following is likely to be affected and shaped by founder Heidi Ganahl's inspiration

marishachu [46]

Answer:

c.Internal environment

Explanation:

internal environment refers to the culture, members, events and factors within an organization that has the ability to influence the decisions of the organization.

Organizational Culture is affected by the influence of the founder leader

4 0

2 years ago