Answer:
Current yield = 0.07910 or 7.910% rounded off to 7.91%
Explanation:
A current yield is the annual income provided by an investment - be it equity or debt providing dividend or interest respectively - as a percentage of its current price. Thus, the formula to calculate the current yield is,
Current Yield = Dividend or Interest / Current Price of the investment or security
We assume that the face or par value of the bond is $1000. Then the coupon payment made by the bond will be 1000 * 8.8% = $88
The current price of the bond will be = 1000 * 111.25% = $1112.5
Current Yield = 88 / 1112.5
Current yield = 0.07910 or 7.910% rounded off to 7.91%
Jammer Company uses a weighted average perpetual inventory system that reports the following August 2 purchase 19 units at $16 per unit August 18 purchase 21 units at $15 per unit August 29 sale 38 units August 31 purchase 24 units at $19 per unit what was the per-unit value of ending inventory on August 31
Answer:
$23.19
Explanation:
The the weighted average perpetual inventory system recalculates a new unit cost whenever a new purchase is made. This unit cost is used to value cost of sales and inventory balance.
Unit Cost = Total Cost of units available for sale ÷ Total units available for sale
August 18
Unit Cost = [(19 units x $16) + (21 units x $15)] ÷ 40 units
= $15.475
August 31
Unit Cost = [(2 units x $15.475 ) + (24 units x $19)] ÷ 21 units
= $23.1880 or $23.19
therefore,
The per-unit value of ending inventory on August 31 is $23.19.
What is the purpose of professional communication?
Answer:
By mastering professional communication, the potential for misunderstandings occurring can be minimised. When you work in a team, you need to be able to regularly communicate with others. You need to listen to other people's ideas, whilst being able to clearly and effectively communicate your own.
Purposes:
The five purposes for communication are to inform, imagine, influence, meet social expectations and express feelings.
The purpose of professional communication is to convey information and ideas effectively and appropriately in a business or work setting, with the goal of achieving specific objectives and building positive relationships. It involves clear and concise expression, active listening, and the use of appropriate language and tone.
What is the professional communication?Professional communication is the exchange of information and ideas in a business or work setting, typically between colleagues, clients, customers, or other stakeholders.
It involves using appropriate language, tone, and nonverbal cues to convey messages effectively and achieve specific goals, such as building relationships, solving problems, making decisions, or completing tasks.
Professional communication can take many forms, including oral presentations, written reports, emails, memos, video conferences, and more, and it is an essential skill for success in many careers and industries.
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How does a production possibility chart assist in outlining opportunity cost?
1.lt compares profit potential of one product to another.
2.It compares production cost of one product to another.
3.It compares production numbers of one product to another.
4.lt compares consumer demand of one product to another.
"The Four Ps and Three Cs form the basis of a simple model for TQM to take organizations successfully into the twenty-first century". Explain your understanding about statements with examples in a business
Answer:
Total quality management is a strategic ideal of all organizations today, operating in a highly competitive and globalized environment, where quality is an essential attribute for a company's good positioning and success in the active market.
Marketing and quality management tools, such as the four Ps and the three Cs will help companies to implement TQM in a simple and cheap way, through their own characteristics and analysis of their market. Using as an example a logistics company, the 4 ps of marketing and the 3 cs will help the company to improve its internal environment and consequently increase confidence in the external environment, because by improving communication, especially the organizational culture is strengthened, the strategies are more innovative and there is more staff capacity to set realistic goals and targets that can be achieved, by aligning organizational values with those of the potential audience, increasing quality, reducing waste, improving technology, reducing cost, etc.
3. Three years ago, a company issued a 10-year bond with a $1,000 face value and a 5 percent coupon rate of interest. Interest is paid semiannually. This bond’s current market price is $800. If the bond can be called in two years for a redemption price of $1,010, what is the bond’s yield to call?
If the bond can be called in two years for a redemption price of $1,010, then bond's yield to call will be 0.1713.
Elaborating:
Yield to Call YTC = (Coupon Payment + (Call Price - Market Value)/Number of Years to call)/((Call Price + Market Value)/2)
Face Value = $1000
Coupon Payment = 5% of $1000 = $50
Call Price = $1010
Market Value = $800
Number of Years to Call = 2
Hence, YTC = (50 + (1010 - 800)/2)/((1010 + 800)/2) = 0.1713 or 17.13%
What is the cost of redemption?Cost of redemption. The price at which the shares of a mutual fund are purchased back by the fund. Typically, the net asset value per share at the time of redemption is the redemption price. Also known as the "bid," "call," or "sell price"
What are the requirements to be redeemed?All outstanding shares must be redeemed; Only profits that would have been available for dividends or the proceeds of a new issue of shares made specifically for redemption can be used for redemption.
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Alfred E. Old and Beulah A. Crane, each age 42, married on September 7,2017. Alfred and Beulah will file a joint return for 2019. Alfred's Social Security number is 111-11-1109. Beulah's Social Security number is 123-45-6780, and she adopted "Old" as her married name. They live at 211 Brickstone Drive, Atlanta, GA 30304. Alfred was divorce from Sarah Old in March 2016. Under the divorce agreement, Alfred is to pay Sarah $1,250 per month for the next 10 years or until Sarah's death, whichever occurs first. Alfred pays Sarah $15,000 in 2019. In addition, in January 2019, Alfred pays Sarah $50,000, which is designated as being for her share of the marital property. Also, Alfred is responsible for all prior years' income taxes. Sarah's Social Security number is 123-45-6788. Alfred's salary for 2019 is $150,000. He is an executive working for Cherry.Inc. (Federal I.D. No. 98-7654321). As part of his compensation package, Cherry provides him with group term life insurance equal to twice his annual salary. His employer withheld $24,900 for Federal income taxes and $8,000 for state income taxes. The proper amounts were withheld for FICA taxes. Beulah recently graduated from law school and is employed by Legal Aid Society.Inc. (Federal I.D. No. 11-1111111), as a public defender. She receives salary of $42,000 in 2019. Her employer withheld $7,500 for Federal income taxes and $2,400 for state income taxes. The proper amounts were withheld for FICA taxes. Alfred and Beulah had interest income of $500. They received $1,900 refund on their 2018 state income taxes. They claimed the standard deduction on their 2018 Federal income tax return. Alfred and Beulah pay $4,500 interest and $1,450 property taxes on their personal residence in 2019. Their charitable contributions total $2,400 (all to their church). They paid sales taxes of $1,400, for which they maintain the receipts. Alfred and Beulah have never owned or used any virtual currency, and they do not want to contribute to the Presidential Election Campaign. Compute the Old's net tax payable (or refund due) for 2019. Suggested software: ProConnect Tax Online
To compute the Olds' net tax payable (or refund due) for 2019, we need to gather all the relevant information and calculate their taxable income, apply the appropriate tax rates, deductions, and credits. Since the tax calculation involves various factors and tax laws, it would be best to use tax software such as ProConnect Tax Online or consult with a tax professional. The software will streamline the process and ensure accurate calculations based on the specific tax laws and regulations applicable to the Olds' situation.
Robyn was a lawyer for the Department of State who has been disbarred for ethical lapses including dishonesty and interfering with investigations.
After losing his license to practice law, he was fired from the State Department. What MOST likely must Robyn do now?
A. Appeal his case to the American Bar Association.
B. Find a new career outside the legal profession.
C. Wait a year and reapply for his license.
D. Take his case to an appeals court.
The most likely thing for Robyn to do is B. Find a new career outside the legal profession.
Why does Robyn need to leave the legal profession ?Since he has lost his license to practice law, he would not be able to continue working as a lawyer or in any other legal capacity. In addition, his firing from the State Department would likely make it difficult for him to find employment in a related government agency.
Therefore, the most realistic option for Robyn would be to seek employment in a different field or industry. Appealing his case to the American Bar Association or taking his case to an appeals court would likely not be fruitful options, as his disbarment and firing from the State Department suggest that his ethical lapses were significant and serious.
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What is a list of a business employees and how they are to be compensation
Answer:
1. Base pay package
A base pay package is a standard amount of money an employee receives in exchange for working a set number of hours (typically 40 hours per week). Employees who receive a base pay package are paid an hourly wage or a salary. Although most employees work for base pay, whether they are salaried or hourly employees depends on their role. "An employee working on a project or with defined tasks will usually prefer a base salary package," Jeremy Jarry, CEO of stock-option consultancy B3GIN, told business.com. "Hourly-type packages are often for entry-level positions or low-paying jobs."
2. Commission package
A commission package is compensation given based on employee performance. Some commission packages include a low base-pay salary and high commissions, whereas others offer only commissions. A commission package incentivizes employees to perform well, since their paycheck is tied to their performance. "Often, these compensation packages are given to individuals working in sales," Jarry said. "They will receive a percentage on the turnover they generate or a flat dollar amount if they hit a sales target."
3. Equity package
Equity packages are typically offered to employees in leadership positions or for hard-to-recruit profiles. However, Jarry said giving every employee access to stock options can create a culture of sharing and inclusion, as well as align the interests of investors, founders, and employees. "Equity will vary by organization and may be used as a larger component if cash is tight (e.g., at a startup) and as a method to incentivize employee retention," Roy said.
4. Benefits package
includes additional perks that workers receive on top of their base wages. There are a few employee benefits you are legally required to offer, including family and medical leave, health insurance (for companies with 50 or more full-time employees), FICA (Social Security, Medicare, and federal insurance contributions), unemployment insurance, and workers compensation
5. Bonuses
Bonuses are often tied to the performance of the employee, their team or the company. Although you can offer bonuses to employees of any level, many employers give bonuses to employees in leadership roles.
I really hope this helps :)
Help help help businesses please
Answer:
fiat
Explanation:
What other information do i need to help me make a career decision?
Answer:
How to make a decision
Here are some steps you can take to help you make a decision that involves your career:
Identify and investigate the decision.
Set aside time to think.
Consider your options.
Remember your values.
Ask for a different perspective.
Evaluate your plan.
Explanation:
Nghệ thuật quản trị các Doanh nghiệp vừa và nhỏ ở Việt Nam hiện nay?
Answer:
Please write properly.
Wally's Walleyes wants to introduce a new product that has a start-up cost of $7,800. The product has a 2-year life and will provide cash flows of $4,500 in Year 1 and $4,300 in Year 2. The required rate of return is 15 percent. Should the product be introduced? Why or why not?
The calculated NPV is negative, indicating that the present value of expected cash flows does not exceed the start-up cost of the project. In other words, the project is expected to generate a net loss.
To determine whether Wally's Walleyes should introduce the new product, we can calculate the net present value (NPV) of the project. The NPV measures the present value of expected cash flows, taking into account the required rate of return.
To calculate the NPV, we need to discount the cash flows using the required rate of return (15 percent). The formula for calculating NPV is:
NPV = Cash Flow Year 1 / (1 + Required Rate of Return)^1 + Cash Flow Year 2 / (1 + Required Rate of Return)^2 - Start-up Cost
\(NPV = $4,500 / (1 + 0.15)^1 + $4,300 / (1 + 0.15)^2 - $7,800\)
\(NPV = $4,500 / 1.15 + $4,300 / (1.15)^2 - $7,800\)
NPV = $3,913.04 + $3,537.41 - $7,800
NPV = -$350.55
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Which is a popular blog searching engineer
A popular blog searching engineer is Philipp Lenssen's.
This is further explained below.
What is Philipp Lenssen's?Generally, Philipp has been the proprietor of Go/ogle Blogoscoped at blogoscoped.com since 2003.
This website is a daily news source that was established in Malaysia and covers everything having to do with Go/ogle, including Gm/ail, online search, Goo/gle Docs, usability concerns, You/Tube, and everything else. In addition, a book titled 55 Ways to Have Fun with Go/ogle was written as a result of the blog.
In conclusion, Phillip Lenssen created a diagnostic exam by drawing on his previous experience with Goo/gleblogoscope. The purpose of the quiz is to determine the likelihood that other bloggers would link to your blog post.
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Calculate the price rises from $17 a dozen to $23 a dozen, the elasticity of supply is
How would implementing the cost-volume-profit analysis benefit a company? As a manager, which income statement format do you find more useful - the traditional financial accounting method or the contribution margin method? Why?
It provides insights into the relationship between sales volume, costs, and profitability, helping managers make informed decisions about pricing, production levels, and cost management.
CVP analysis allows managers to determine the breakeven point, the level of sales needed to cover all costs, and to assess the impact of changes in sales volume, costs, or prices on the company's profitability. This analysis can guide strategic planning, budgeting, and resource allocation.
As a manager, I find the contribution margin method of income statement format more useful than the traditional financial accounting method. The contribution margin method separates costs into fixed and variable components, allowing for a clearer understanding of how changes in sales volume affect profitability.
It highlights the contribution margin ratio, which indicates the proportion of each sales dollar available to cover fixed costs and contribute to profits.
This format enables managers to analyze cost behavior, identify cost-saving opportunities, and evaluate the financial impact of different sales scenarios. It provides a more focused view of the underlying profitability drivers and aids in decision-making related to pricing, product mix, and cost control.
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Suppose that the production function is y= 9k^0.5 N^0.5. With this production function, the marginal product of labor is MPN= 4.5K^0.5 N^-0.5. The capital stock is K= 25. The labor supply curve is NS= 100[(1-t)w]^2, where w is the real wage rate, t is the tax rate on labor income, and hence (1-t)w is the after-tax real wage rate.c.Suppose that a minimum wage of w=2 is imposed. If the tax rate on labor income, t, equals zero, what are the resulting values of employment and the real wage? Does the introduction of the minimum wage increase the total income of workers, taken as a group?
The resulting values for employment and the real wage are 70.3125 and $1.5811 per hour, respectively.
The introduction of the minimum wage does not increase the total income of workers taken as a group.
How to determine employment and real wageTo find the resulting values of employment and real wage, determine where the labor supply curve intersects the labor demand curve.
MPN =
\(4.5K^0.5 N^-0.5 = (9K N)^0.5 / (2KN)^0.5 = (9/2)^0.5 (K/N)^0.5 = w/P
\)
where P is the price of output, which we can assume is equal to 1.
This equation can be rearranged to solve for N:
N =
\((9/2) (K/w)^2\)
Plugging in K = 25 and w = 2, we get:
N =
\((9/2) (25/2^2) = 70.3125\)
To find the real wage, we can plug this value of N into the labor supply curve:
NS =
\(100[(1-t)w]^2 = 100(1-0)(2)^2\)
= 400
Since labor supply exceeds labor demand, the real wage will be bid down to the equilibrium level.
\((9/2)^0.5 (K/N)^0.5 = w/P
(9/2)^0.5 (25/N)^0.5 = 1/2
N = (9/2) (25/2^2) = 70.3125
w = 2(70.3125/100)^0.5 = 1.5811\)
The equilibrium real wage is $1.5811 per hour.
To determine whether the introduction of the minimum wage increases the total income of workers,
Total income before minimum wage = wN = 1.5811 x 70.3125 = $111.31
After the minimum wage of $2 is imposed, the real wage is fixed at $2, and the level of employment is determined by the intersection of the labor supply and demand curves at this wage:
N =
\((9/2) (25/2^2) / (2)^2 = 35.15625\)
Total income after minimum wage = wN = 2 x 35.15625 = $70.31
Since the total income of workers decreases from $111.31 to $70.31 after the minimum wage is imposed, the introduction of the minimum wage does not increase the total income of workers taken as a group.
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Tahani is explaining to her mother why transferable skills are important in career planning. What is the BEST way to explain transferable skills?
The best way to explain transferable skill is Transferable skills, or portable skills, are all the skills that you take with you from one job to another. The ability to clearly communicate ideas to others, solve unexpected problems, or work well in a team are all examples of transferable skills.
Transferable skills, also known as portable skills, are any skills that you can take from one job to another. Transferable skills include the ability to clearly communicate ideas to others, solve unexpected problems, and work well in a team.
While technical skills enable you to complete specific technical tasks, such as coding in Python or creating wireframes for UX design, transferable skills ensure that you do your job well. As a result, employers highly value transferable skills: after all, a programmer who can work well in a team is likely more valuable than a programmer who cannot code well with others.
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Prepare a comparative income statement for any company extracting their P&L statement for the years 2020-21 & 2021-22. Analyse the incline and decline in the different elements in the P&L Statement and provide detailed insights.
Answer:
this is my own answer
Explanation:
hi
How to Prepare a Comparative Income Statement?
Step 1: Specify absolute figures of items like goods sold, net sales, selling expenses, etc., relating to the accounting period under consideration for analysis.
Step 2: Calculate the absolute change in the items mentioned in the income statement.
Outsourcing can give short term
Short-term outsourcing is available and may provide you quick fixes and immediate resolutions, you have to see outsourcing as a business partnership that can last beyond a decade. Quick fixes, after all, are incapable of producing long-term rewards.
A company function or any particular business activity may be outsourced to specialist organizations. The corporation often outsources the non-core functions like sanitization, security, home, pantry, etc. The business and the agency enter into a legal contract.
The necessary personnel are then provided to the firm by the agency. The agency bills the business for their services and reimburses them by paying their workers' salaries. Outsourcing is on the rise as a result of global competition. Companies may enhance their profitability and improve the quality of their products by concentrating on their core competencies with the aid of outsourcing.
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Industry standards suggest that 7% of new vehicles require warranty service within the first year. Jones Nissan in Sumter, South Carolina, sold 9 Nissans yesterday. (Round your mean answer to 2 decimal places and the other answers to 4 decimal places.)
a. What is the probability that none of these vehicles requires warranty service?
b. What is the probability exactly one of these vehicles requires warranty service?
c. Determine the probability that exactly two of these vehicles require warranty service.
d. Compute the mean and standard deviation of this probability distribution.
The standard deviation is 0.749 and the probability distribution's mean is 0.63.
What is Standard Deviation?A set of data values' variation or dispersion from their mean (average) is measured by their standard deviation. It tells how far apart the individual data points are from the data set's mean value. To put it another way, it is a measure of how different the data are from the mean. A standard deviation that is smaller indicates that the data points are closer to the mean, while a standard deviation that is larger indicates that the data points are further from the mean. It is calculated by taking the square root of the variance, and it is frequently used in statistical analysis.
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Q: Is there an emergency dentist available in Wednesbury?
Yes, there is an emergency dentist available in Wednesbury.
Where is Wednesbury?Wednesbury is a town located in the West Midlands county of England, United Kingdom. It is situated approximately 9 miles east of Wolverhampton and 4 miles northwest of Birmingham.
Wednesbury is part of the metropolitan borough of Sandwell and is surrounded by other towns such as Walsall, West Bromwich, and Tipton.
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Which of the following is particularly pertinent in evaluating whether an industry presents a sufficiently attractive business opportunity? Group of answer choices Whether the market leaders enjoy competitive advantages and how hard it is to develop a strongly differentiated product Constructing a strategic group map and assessing the attractiveness of the competitive position of each strategic group An assessment of which firms in the industry have the best and worst competitive strategies, whether the number of strategic groups in the industry is increasing or decreasing, and whether economies of scale and experience curve effects are a key success factor Whether there are more than 5 key success factors and more than 5 barriers to entry The industry's growth potential, whether competition appears destined to become stronger or weaker, and whether the industry's overall profit prospects are above average, average, or below average
Answer:
Which of the following is particularly pertinent in evaluating whether an industry presents a sufficiently attractive business opportunity? Group of answer choices Whether the market leaders enjoy competitive advantages and how hard it is to develop a strongly differentiated product Constructing a strategic group map and assessing the attractiveness of the competitive position of each strategic group An assessment of which firms in the industry have the best and worst competitive strategies, whether the number of strategic groups in the industry is increasing or decreasing, and whether economies of scale and experience curve effects are a key success factor Whether there are more than 5 key success factors and more than 5 barriers to entry The industry's growth potential, whether competition appears destined to become stronger or weaker, and whether the industry's overall profit prospects are above average, average, or below average
Explanation:
During the staff meeting, the performance of BJ is discussed. BJ works hard but received a poor customer rating, and the manager is told to “figure it out” or fire BJ. Which of the following would be the best approach to try to improve BJ’s performance?
Answer:
BJ
Explanation:
Hi is the hard worker
so, he is the best
Providing him with 360-degree feedback from customers, co-workers and managers to give him insight into how his behavior is perceived will help improve his performance.
What is a 360-degree feedback?A 360-degree feedback refers to a process that allows employees to receive feedback from the people who work around them.
In conclusion, the feedback will let him know how to improve on his work performance.
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he financial statements of Denison Furniture Company include the following items: 2019 2018 Cash $53,500 $53,000 Short-term Investments 29,000 15,000 Net Accounts Receivable 92,000 105,000 Merchandise Inventory 162,000 142,000 Total Assets 532,000 551,000 Total Current Liabilities 235,000 215,000 Long-term Note Payable 62,000 60,000 What is the 2019 cash ratio? (Round your answer to two decimal places)
Answer:
The cash ratio is calculated by dividing cash and short-term investments by current liabilities.
Cash ratio for 2019 = (53,500 + 29,000) / 235,000 = 0.39
Rounding to two decimal places, the 2019 cash ratio is 0.39.
Explanation:
At the end of 2016, Sheridan Company has accounts receivable of $665,400 and an allowance for doubtful accounts of $23,480. On January 24, 2017, it is learned that the company’s receivable from Madonna Inc. is not collectible and therefore management authorizes a write-off of $4,415.
(a) Prepare the journal entry to record the write-off. (Credit account titles are automatically indented when amount is entered. Do not indent manually.)
(b) What is the cash realizable value of the accounts receivable before the write-off and after the write-off?
a) Journal entry of write off :
Date account titles and explanation debit credit
Allowance for doubtful accounts 4415
Account receivable 4415
(To record amount write off)
b) Calculate cash realizable value :
Before write off After write off
Account receivable 665400 (665400-4415)=660985
Less: Allowance for doubtful accounts (23480) (23480-4415) = (19065)
Cash realizable value 641920 641920
What is Cash realizable value?
The amount of cash left over after deducting the uncollectible amount from an account receivable is known as the cash realisable value. The balance of accounts receivable and the allowance for doubtful accounts on a company's balance sheet are combined to yield this net amount.
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This is a conversation between a boss and an employee "The boss said I want you to bring the file to my table"
1. Assess the effectiveness of this communication?
Answer:
This communication is effective in conveying the message that the boss wants the employee to bring the file to their table. It is clear and direct, and leaves no room for confusion or misinterpretation.
b. What amount did Lowe's pay in cash to its suppliers during fiscal year ended February 2019?
Using the T-accounts, the amount Lowe paid in cash to its suppliers during the fiscal year ended February 2019 was B. $29,101 million.
How the amount of payment is determined:From the T-accounts for Merchandise Inventory and Accounts Payable, we can determine the amount paid.
After posting the purchases for the period into the two accounts, the difference between the debit and credit sides of the Accounts Payable gives the amount paid to suppliers.
Merchandise InventoriesAccount Titles Debit Credit
Beginning balance $5,911
Accounts Payable 29,238
Cost of goods sold $28,443
Ending balance $6,706
Accounts PayableAccount Titles Debit Credit
Beginning balance $2,695
Merchandise 29,238
Cash payment $29,101
Ending balance $2,832
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Question Completion with Answer Options:During a recent fiscal year, Lowe's purchased merchandise inventory at a cost of $29,238 ($ millions). Assume that all purchases were made on account and that accounts payable is only used for inventory purchases. The following T-accounts reflect information contained in the company's balance sheets in millions.
What amount did Lowe's pay in cash to its suppliers during the fiscal-year?
Merchandise InventoriesBeginning balance $5,911
Ending balance $6,706
Accounts PayableBeginning balance $2,695
Ending balance $2,832
A. $29,238 million
B. $29,101 million
C. $137 million
D. $2,832 million
Which of the outcomes in are most appealing to you? Are you more attracted to extrinsic outcomes or intrinsic outcomes?
Extrinsic outcomes are external rewards such as money, status, or recognition that come from achieving a goal. These outcomes are appealing to some individuals because they provide tangible benefits and can be easily measured by others.
On the other hand, intrinsic outcomes are internal rewards such as personal satisfaction, a sense of accomplishment, or personal growth that come from achieving a goal. These outcomes are appealing to some individuals because they provide a deeper sense of fulfillment and can be more meaningful in the long-term.
Ultimately, whether someone is more attracted to extrinsic or intrinsic outcomes depends on their personal values and goals. Some people may prioritize external rewards and seek to maximize their income or social status, while others may prioritize personal growth and seek to achieve goals that align with their passions and values.
It is important to strike a balance between both types of outcomes and to find a sense of purpose and satisfaction in the goals that we pursue.
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Sandra Lansbury Company deposits all receipts and makes all payments by check. The following information is available from the
cash records.
June 30 Bank Reconciliation
Balance per bank
$29,400
Add: Deposits in transit
6,468
Deduct: Outstanding checks (8,400)
Balance per books
$27,468
Month of July Results
Balance July 31
July deposits
July checks
July note collect (not included in July deposits)
July bank service charge
July NST check from a customer, returned by the bank (recorded by bank as a charge)
Per Bank
$36,330
18,900
16,800
6,300
63
1,407
Per Books
$38,850
24,402
13.020
Type here to search
Bi
A
9
Answer:
Sandra Lansbury Company
Bank Reconciliation
Balance per bank statement, July 31 $36,330
Add: Deposits in transit $11,970 ($6,468+$24,402-$18,900)
Less: Outstanding checks ($4,620) ($8,400-$16,800+$13,020)
Correct cash balance, July 31 $43,680
Balance per books, July 31 $38,850
Add: Collection of note $6,300
Less: Bank service charge $63
Less: NSF check 335 $1,407
Corrected cash balance, July 31 $43,680
Which of the following actions would be the best way to identify one's areas of stregth? a) visit a career fair
b) write a resume
c) consult the occupational outlook handbook
d) take a self-assessment test
Answer:
d) Take a self-assessment test.
Explanation:
To determine what one's strengths are, there is no one better than oneself to know them. This is because, an individual knows himself best, more than anyone else.
So, in order to identify the areas of interest of a person, that person can take a self-assessment test that will help him/ her see what are the strengths, the qualities that he possesses, etc. This self-assessment test will help figure out the pros and cons of that person and help determine the strengths he possesses.
Thus, the correct answer is option d.