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xz_007 [3.2K]
2 years ago
6

According to the Portland Business Journal, Jim Houser, a Portland auto specialist, landed a key Small Business Administration a

ppointment. Help Jim reconcile Remington’s Auto Clinic’s checkbook and bank balance according to the following: bank statement balance, $18,835; checkbook balance, $22,385,105; interest earned, $4,020; deposits in transit, $100,740 and $22,376,200; ATM card fees, $450; outstanding checks—No. 10189, $56,710; No. 10192, $15,365; No. 10193, $22,650; and No. 10194, $12,375.
Business
1 answer:
mario62 [17]2 years ago
7 0

Answer:

reconciliate balance $ 22,388,675‬

Explanation:

bank statement:                18,835

deposits in transit           100,740

                                 22,376,200

outstanding check

  10189                            (56,710)

  10192                            (15,365)

  10193                           (22,650)

  10194                            (12,375)

Adjusted balance:  22,388,675‬

checkbook balance: 22,385,105

      interest earned           4,020

      ATM card fees              (450)

  Adjusted balance:  22,388,675

Notes: For each statement we adjust for the unknown information.

The bank is unaware of the outstanding check and the deposit in transit.  So we adjust for these concepts.

The company has no knowledge of the ffes and interest earned until receiving the bank statement so we must adjust for that amount.

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You expect KT Industries (KTI) will have earnings per share of $3 this year and expect that they will pay out $1.50 of these ear
EastWind [94]

Answer:

Growth rate  = 7.50%

Explanation:

Given:

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Find:

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Computation:

Growth rate  = Return on investment*Retention ratio

Growth rate  = 15% x 50%

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5 0
2 years ago
The operating cost for a pulverized coal cyclone furnace is expected to be $80,000 per year. The steam produced will be needed f
pishuonlain [190]

Answer:

$101,104

Explanation:

Calculation for the equivalent annual worth

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Using financial calculator (A/P,10%,5) will give us (0.26380)

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5 0
2 years ago
15 pts-- multiple choice!
kodGreya [7K]
I’m pretty sure the answer is the 3rd one
3 0
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Gwendolyn Hunt was driving while intoxicated when she hit and killed Felicia Meyers, a seven- year-old, in a school crosswalk. G
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<span>A major difference between juvenile and adult courts is that juvenile courts are more likely to consider extenuating circumstances (emotional, mental, situational, etc.). Frequently, young people will only be moved to adult courts if their crime was particularly heinous, a history of rehabilitation services have not improved the situation, the young person needs a significant about of intervention, or simply that the juvenile is nearly an adult. Though there is evidence of some past intervention on Gwendolyn's behalf, we have no evidence that the crime was planned. Though she was breaking the law and one could say that the possibility of an accident was a logical conclusion, there is (based on this) no evidence that she went out with the intention of hurting or killing someone. Also, given that she is still a minor and at an age when her reasoning abilities are not fully formed, she honestly may not have been able to make that connection. So, no, she should not be tried as an adult. However, she should serve actual time in a center, receiving rehabilitative services and completing community service in order to balance out some of the horror she has brought into the world through the death of a child.</span>
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2 years ago
Which of the following statements is true of agglomeration? Agglomeration creates a demand that forces a skilled labor force to
Dvinal [7]

Answer:

The correct answer is letter "C": Agglomeration advantages stem from knowledge spillover from one firm to another.

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In Business, Agglomeration refers to the cluster of companies in one common physical area. Agglomeration is divided into two categories: <em>urbanization economies </em>and<em> localization economies</em>. Urbanization economies refer to businesses sharing the same physical area even if they are dedicated to providing different goods or services.

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7 0
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