Answer:
a.$37,560
Explanation:
Cash balance $40,000 at month end = Cash balance $52,000 at beginning + cash receipts in June of $532,160 - cash disbursements of $581,720 + New borrowing
⇔ $40,000 = $2,440 + new borrowing
⇔ New borrowing = $40,000 - $2,440 = $37,560
If Skot wishes to maintain a cash balance of $40,000, Skot have to borrow $37,560 if it started the month with a cash balance of $52,000
That statement is True
Internal Compliance is carried out to ensure that all process are done according to regulated rules and standard
Poor internal compliance could indicate that certain process is not carried out according to standard, which could damage the trust of internal customers
Answer:
- The gross pay of Kenny is $750.
- The gross pay of Charles is $525.
- The gross pay of Laurie is $855.
- The gross pay of Hylis is $480.
Explanation:
As the data of the employers is not given here, a similar question is found , for which the data is attached herewith.
Now the minimum wage per week for $8 an hour is given as
Minimum Wage=40*$8=$240.
The gross pay of Kenny with 50 new customers is given as
So the gross pay of Kenny is $750.
The gross pay of Charles with 35 new customers is given as
So the gross pay of Charles is $525.
The gross pay of Laurie with 52 new customers is given as
So the gross pay of Laurie is $780.
The gross pay of Hylis with 32 new customers is given as
So the gross pay of Hylis is $480.
As Laurie has the highest number of new customers, so she will receive a bonus of $75.
So the gross pay of Laurie is $780+$75=$855.
So the gross pays are given as
- The gross pay of Kenny is $750.
- The gross pay of Charles is $525.
- The gross pay of Laurie is $855.
- The gross pay of Hylis is $480.
Answer:
Borrowed amount = $5417
Explanation:
Discount note = 4%
This means that Kaylee has 100 - 4 = 96% of the borrowed amount at hand
Cash at hand = $5,200
Let the borrowed amount = X
Cash at hand = 96% of X
5200 = (96/100) * X
X = (5200 * 100)/96
X = $5417
Borrowed amount = $5417
Answer:
Earnings Per share = $0.83
Diluted Earnings per share = $0.71
Explanation:
Basic Earnings per share is how much each common stock share earns in profits and Diluted Earnings includes the options and bonds in its calculations for outstanding shares
formulas
Earnings Per share = (net income - Preferred stock dividends)/ outstanding number of shares
= $150/180
= $0.83
Diluted Earnings per share = (net income - Preferred stock dividends)/ outstanding number of shares
= $150/210
= $0.71
Outstanding number of shares in millions
opening 200
minus treasury stock - 24
issued stock 4
Basic outstanding shares = 180 shares
plus share Options 30
Diluted shares 210
