Hey there!
Beginning: $4,200
Deposit in transit: not counted for ACB
Check printing charge: -$20
Note collected by bank of whiz: -$1,600
4,200 - 20 - 1,600 = 2,580
Adjusted cash balance = $2,580
Hope this helps!
Answer:
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Explanation:
The <em>expected return</em> is the weighted average of the expected returns in each scenario by its respective probability.
The <em>distribution of the holding period returns </em>(HPR) under three different scenarios is:
State of the economy Scenario #(s) Probability, p(s) HPR
HPR Boom 1 0.336 28.40%
Normal growth 2 0.414 7.90%
Recession 3 0.25 18.90%
The calculations are:
The correct answer is A) alignment.
After spending months finalizing a marketing plan, the lead marketing manager presents it to the entire company. It soon becomes clear that the budget given in the plan is far lower than the marketing team had determined it would need. This mistake is likely a result of a lack of alignment.
This means that the marketing manager did not respect the parameters originally indicated. His numbers did not align with the necessities of the plan, which means that he did not take into consideration some important factors that at the end, affected the end result of the budget.
Answer:
$225,000
Explanation:
Data provided in the question:
Note payable = 10%, $3,000,000
Payment amount = $1,000,000
Now,
Since the first payment is made in the month of October
Therefore,
Duration from October 2018 to October 2019 = 9 months = 
years
Therefore,
Interest payable for 2019 will be = $3,000,000 × 0.10 ×
= $225,000
Answer: The profits would be shared equally
Explanation: This is because
Since there was no agreement stating how profits would be divided,then the applicable state Limited Liability Company statute will rule. Most LLC statutes states that if members do not specify how profits are to be divided, they will be divided equally. As long as no operating agreement or LLC statute addressed the particular issue, the partnership law applys which also indicates that profits should be divided equally among the owners of a firm unless it was specified otherwise.
