at april 30 marigold ocmpany has the following bank information cash balance per bank 2240 outstanding checks 393 deposits in transit 288. What is Kessler's adjusted cash balance on April 30?

Answers

Answer 1

When there is credit balance in the cash account, a company can record a negative cash position on its balance sheet.

What do deposits in banks mean?

Customers who want to maintain a particular amount of cash in a bank for a specific duration of time can use bank deposits, a sort of savings product. Regardless on the amount and for how long the customer decides to deposit, the banking company will provide the client with the necessary interest as recompense.

How is a deposit account classified?

A customer can make deposits and withdraw funds from a deposit account, which is a bank account kept by a financial institution. Savings accounts, current accounts, or any of the other types of accounts listed below can be deposit accounts.

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Related Questions

The following transactions took place in Boeing Business.
01.03.2021 - Purchase of goods costing Rs. 150000 from Airbus
company on credit.
05.03.2021 - Return of goods costing Rs. 30000 to Airbus
20.03.2021 - Sale of goods costing Rs. 100000 for Rs. 160000 on
credit
29.03.2021 - Payment of sales commission of Rs. 10000
02.04.2021 – Settlement of the full amount due to Airbus
What is the accounting equation which shows the net impact of the
above transactions in Boeing business as at 31.03.2021?
Assets
Liabilities
+
Equity

Answers

Answer:

1) Dr: Goods/Inventory (Asset increase) 150000

Cr: Payable (Liability increase) 150000

2) Dr: Payable (Liability decrease) 30000

Cr: Goods (Asset decrease) 30000

3) Dr: Payable (Liability decrease) 30000

Cr: Goods (Asset decrease) 30000

4) Dr: Receivables (Asset increase) 160000

Cr: Goods (Asset Decrease) 100000

Cr: Profit and loss (Equity increase) 60000

5) Dr: Commission Expense (Equity decrease) 10000

Cr: Cash (Asset Decrease) 10000

6) Dr: Payable (Liability decrease) 120000

Cr: Cash (Asset Decrease) 120000


4. What would be the best pricing strategy for a deli opening in a competitive business
district where the lunchtime rush is the bulk of the business? Explain your answer

Answers

Answer:

During the times of opening, the business can offer lucrative and attractive discounts and deals such as buy one get one free deals or opening offers or different deals and discounts to gain competitive business advantage.

Explanation:

The following is selected information from Whispering Winds Corp. for the fiscal year ending October 31, 2022. Cash received from customers $276000 Revenue recognized 404800 Cash paid for expenses 156400 Cash paid for computers on November 1, 2021 that will be used for 3 years 44160 Expenses incurred including any depreciation 198720 Proceeds from a bank loan, part of which was used to pay for the computers 92000 Based on the accrual basis of accounting, what is Whispering's net income for the year ending October 31, 2022?

Answers

Answer:

$206,080

Explanation:

Calculation for the net income for the year ending October 31, 2022

Using this formula

Net income =Revenue recognized -Expenses incurred

Let plug in the formula

Net income =404,800-198,720

Net income =$206,080

Therefore the the net income for the year ending October 31, 2022 will be $206,080

Data collected from selected major metropolitan areas in the eastern United States show that 5% of individuals living within the city limits move to the suburbs during a one-year period, while 2% of individuals living in the suburbs move to the city during a one-year period.

Prepare the matrix of transition probabilities.

Answers

People that work in the science lab and work on stuff

Scientific management were more concerned with the problems at the.........a. operational b.High level​

Answers

Answer:

The correct option is a. operational level​.

Explanation:

Scientific management is a management theory that examines and combines workflows. Its fundamental goal is to increase economic efficiency, particularly worker productivity at thee operational level.

Operational level is a level at which operational activities of a business are carried out. Operational activities are company functions that are directly tied to supply of goods and/or services to the market. Basic business activities include producing, distributing, marketing, and selling a product or service.

Therefore, the correct option is a. operational level​. That is, scientific management were more concerned with the problems at the operational level​.

why do we have a graduated income tax? in your own words. ​

Answers

I think it because the higher salary you get the higher tax you pay ,it the fairest system because it lessens the burden of the poor,it makes it easy for they ones who are unfortunate but it also encourages them to work harder

Explanation:

above

1-You're the Advisor Now: Your friend is adequately insured, but isn\'t sure what to do next. What do you
recommend? *

a. Start investing your ESI (Early Debt Repayment. Savings, Investing) money in a retirement account.

b. Start paying off all your high-interest debt immediately.

c. Build up a small emergency fund, say $1,000, in your checking account.

Answers

The focus should be on building a strong financial foundation. Therefore, it is recommended to build up a small emergency fund of $1,000 in their checking account. An emergency fund provides a financial safety net in case of unexpected expenses or emergencies, which can help them avoid debt or having to dip into other investments. Once they have an emergency fund, they can focus on paying off high-interest debt and investing in a retirement account for long-term financial planning. However, it is crucial to have a solid financial foundation before making any other financial decisions.

What would you recommend for someone that is adequately insured

I would recommend that they focus on building a strong financial foundation before making any further financial decisions. Specifically, I would recommend that they build up a small emergency fund, say $1,000, in their checking account.

An emergency fund is important because it provides a financial safety net in case of unexpected expenses or emergencies. It can help your friend avoid going into debt or having to dip into other investments in case of an emergency. Once they have built up their emergency fund, they can then focus on paying off any high-interest debt and investing in a retirement account.

Paying off high-interest debt is important because it can save your friend money in the long run and improve their financial standing. Investing in a retirement account is also important for long-term financial planning and can help your friend build wealth over time. However, having a solid financial foundation, including an emergency fund, is crucial before making any other financial decisions.

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You are a concerned constituent, and you want to help your House Representatives member or Senator draft a bill that would help the federal government raise revenue. Where should you submit the bill?

only to your Senator
either to your Congressional District Representative or Senator
directly to the President for his signature
only to your Representative

Answers

Answer:

the president

Explanation:

because the already did the own work so now the president has tk veto or pass

Question 3 of 10
What is an advertising campaign?
A. A method of finding customers according to particular
characteristics
B. A set of games customers receive for free when they buy certain
products
C. An electronic device that enables customers to interact with an
advertisement
D. A series of product-related activities designed to get the attention
of customers

Answers

An advertising campaign is a series of product-related activities designed to get the attention of customers. Option D

What is an advertising campaign?

An advertising campaign is a series of product-related activities designed to get the attention of customers. It involves the creation and dissemination of advertising messages through various channels such as TV, radio, print, online and social media, with the goal of promoting a product, service or brand to a specific target audience.

The campaign typically has a specific objective and a set budget and may run for a defined period of time.

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On January 1, 2022, Ayayai Corporation issued $1,820,000 face value, 6%, 10- year bonds at $1,692,171. This price resulted in an effective-interest rate of 7% on the bonds. Ayayai uses the effective-interest method to amortize bond premium or discount. The bonds pay annual interest January 1.
Prepare the journal entries to record the following transactions. (Round answers to 0 decimal places, e.g. 125. Credit account titles are automatically indented when amount is entered. Do not indent manually.)1. The issuance of the bonds on January 1, 2022.2. Accrual of interest and amortization of thepremium on December 31, 2022.3. The payment of interest on January 1, 2023.4. Accrual of interest and amortization of thepremium on December 31, 2023.

Answers

Answer:

$1,820,000 million in bonds issued January 1, 2022

coupon rate 6%

maturity = 10 years x 2  = 20 periods

market interest rate = 7%

1) January 1, 2022, bonds issued at a discount

Dr Cash 1,692,171

Dr Discount on bonds payable 127,829

   Cr Bonds payable 1,820,000

2) December 31, 2022, accrued interests on bonds payable

Dr Interest expense 118,452

   Cr Interest payable 109,200

   Cr Discount on bonds payable 9,252

amortization of bond discount = ($1,692,171 x 7%) - $109,200  = $9,252

3) January 1, 2023, first coupon payment

Dr Interest payable 109,200

  Cr Cash 109,200

4) December 31, 2023, accrued interests on bonds payable

Dr Interest expense 119,100

   Cr Interest payable 109,200

   Cr Discount on bonds payable 9,900

amortization of bond discount = ($1,701,423 x 7%) - $109,200  = $9,900

You have discovered that one of you closest friends at work has stolen a large sum of money from the company. Would you do nothing? Go directly to an executive to report the incident before talking about it with the offender? Confront the individual before taking action? Make contact with the individual with the goal of persuading that person to return the money?

Answers

Answer:I would recommend confronting the individual before taking any action. It is important to first discuss the issue with the offender to understand the situation and whether it was intentional and deliberate. If the offender is uncooperative or unwilling to return the money, then the next step would be to go directly to an executive to report the incident.

Explanation:

John expects to get a raise equal to the increase in the CPI. The CPI has gone from 160 to 164. If John’s salary last year was $50,000, what salary does he expect to earn this year?

Answers

If the CPI increases from 160 to 164 and John expects a raise equal to the rise in the CPI, John's salary this year should be $51,250.

What is the CPI?

The CPI means the Consumer Price Index.  It is an inflation measure that considers average consumer goods and services prices.

The CPI is used to measure inflation in the United States.

For instance, if John's salary last year was $50,000 and the CPI then was 160, now that the CPI has increased to 164, naturally, John's salary should not remain at $50,000.  Otherwise, he would be earning less in real terms.

Instead, John's salary should increase to $51,250 to reflect the increase in consumer prices.

Detailed Calculations:

CPI last year = 160

CpI this year = 164

John's salary the previous year was $50,000

John's salary this year should be $51,250 ($50,000 x 164/160)

Thus, with the increased CPI, John's salary should be $51,250 this year.

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Find the x-intercept of
9x + 8y = 9

Answers

Answer: X-intercept is (1,0)

Explanation:

What is revising?

please help ur gurl out

Answers

Revising is the process of reviewing and changing a piece of writing to improve its overall clarity, coherence, and effectiveness. This can include making changes to the structure, organization, tone, word choice, and grammar of a piece of writing. The goal of revising is to ensure that the message of the writing is clear, concise, and effective in communicating the intended meaning to the reader.

GPD is measured over how many months?

Answers

Answer:

GDP is a measure - or an attempt to measure - all the activity of companies, governments and individuals in a country. In the UK, new GDP figures are produced every month, but the quarterly figures - covering three months at a time - are the most widely watched.

Explanation:

if it helped uh please mark me a brainliest :)

Answer:

Usually a year or a quarter.

Explanation:

GDP is typically measured over a time frame of one year. However, it is also common to express GDP on a quarterly basis, dividing the year into four quarters. Therefore, GDP can be measured over both a year and its respective quarters.

A borrower is looking for an ARM loan and wants to pay Interest Only for a set amount of time. Which ARM would you recommend for the borrower?

Answers

the only one I have to go to the only one I have to go to the only one I have to go to the only one I have to go to the only one I have to go to the only one I have to go to the only one I have to go

if the inventory turnover ratio cast co is 5x and its gross profits and sales are $270 million and $1,200 million respectivelly then the inventory account for cast is
a.$180 million
b.$182 million
c.$186 million
d.$196 million

if the inventory turnover ratio cast co is 5x and its gross profits and sales are $270 million and $1,200

Answers

Answer:

c.$186 million

Explanation:

Calculation to determine what the inventory account for cast is

Using this formula

Inventory account for cast =Sales - Gross profit/Inventory turnover ratio cast

Where,

Sales=$1,200 million

Gross profit=$270 million

Inventory turnover ratio cast =5x

Let x be the inventory account for cast

Let plug in the formula

5x=$1,200 million-$270 million

5x=$930 million

x=$930 million/5

x=$186 million

Therefore the inventory account for cast is $186 million

if the most likely reason customers will purchase a company's product is its many useful attributes, what advertising focus would likely be more effecitve

Answers

Answer:

If the most likely reason customers will purchase a company's product is its many useful attributes, an advertising focus that highlights the product's features and benefits would likely be more effective.

Explanation:

If the most likely reason customers will purchase a company's product is its many useful attributes, an advertising focus that highlights the product's features and benefits would likely be more effective. This approach involves emphasizing the specific attributes and benefits of the product, such as its quality, functionality, durability, convenience, and other useful characteristics. By highlighting these features, the advertising can appeal to the customer's desire for a product that meets their needs and provides practical benefits. Additionally, providing specific details and comparisons of the product's attributes with those of competitors can help to differentiate the product and increase its appeal to potential customers.

explain the concept of delegation of authority​

Answers

Explanation:

Delegation of authority is a process that enables a person to assign a task to others. As a manager or leader, you're expected to perform several tasks and meet multiple deadlines. To ensure that you achieve your objectives on time, you delegate responsibility to your team members

Answer:

In order to meet the targets, the manager should delegate authority. Delegation of Authority means division of authority and powers downwards to the subordinate. Delegation is about entrusting someone else to do parts of your job. Delegation of authority can be defined as subdivision and sub-allocation of powers to the subordinates in order.

Explanation:

At peak times, your restaurant serves 50 meals per hour that require a grill. Two meals can be on the grill at once and the average meal requires 6 minutes on the grill. How many grills do you need? ANSWER 3

Answers

Answer:3 grills

Explanation: Each grill can cook 20 meals in an hour so 3 grills is needed, the restaurant could cook 60 meals in one hour

Which of the following applies to a marketing intermediary located in michigan who buys brand name toothpaste from 20 different manufacturers consolidates offerings and then needs the various brands of 500 supermarkets in Georgia?

Answers

Answer:

hey how are you have u eaten today <33333333

A company had issued 10,000 bonds which had a par value of $50 and currently sold at $60. The company is expected to pay 10% interest for the next 5 years. In addition to this the preferred stock of the company is issued at $150 which a promised dividend of 8 per share. The common stock holders will receive $2 per share and this will grow T 8% for the first 3 years, 6% for the other 3 years and it will grow at 5% for indefinite period. Assume the tax rate is 35%. The capital structure of the company is composed of 600,000 common stock, 200,000 preferred stock and 100,000 is debt.
A) Find the cost of capital for each sources A) Find the weighted average cost of capital​

Answers

To calculate the cost of capital for each source, we'll consider the cost of debt, cost of preferred stock, and cost of common stock.

1. Cost of Debt:

The cost of debt is the interest rate the company pays on its debt. In this case, the company has issued bonds with a par value of $50, currently selling at $60, and a coupon rate of 10% for 5 years.

Cost of Debt = (Interest Expense / (Bonds Market Value - Bond Discount)) * (1 - Tax Rate)

Interest Expense = Bonds Market Value * Coupon Rate

Bonds Market Value = Number of Bonds * Bond Selling Price

Number of Bonds = 10,000

Bond Selling Price = $60

Coupon Rate = 10%

Tax Rate = 35%

Interest Expense = $60 * 10,000 * 10% = $60,000

Bonds Market Value = 10,000 * $60 = $600,000

Bond Discount = Par Value - Bond Selling Price = $50 - $60 = -$10 (Negative value because the bond is selling at a premium)

Cost of Debt = ($60,000 / ($600,000 - (-$10))) * (1 - 0.35) = $6,000 / $600,010 * 0.65 = 0.064997 (approximately 6.50%)

2. Cost of Preferred Stock:

The cost of preferred stock is the dividend rate the company pays on its preferred stock. In this case, the preferred stock is issued at $150 with a promised dividend of $8 per share.

Cost of Preferred Stock = Dividend / Preferred Stock Price

Dividend = $8

Preferred Stock Price = $150

Cost of Preferred Stock = $8 / $150 = 0.053333 (approximately 5.33%)

3. Cost of Common Stock:

The cost of common stock is calculated using the dividend growth model. The dividend is expected to grow at different rates for different periods.

First 3 years: Dividend Growth Rate = 8%

Next 3 years: Dividend Growth Rate = 6%

Indefinite period: Dividend Growth Rate = 5%

Cost of Common Stock = Dividend / Current Stock Price + Growth Rate

Dividend = $2

Current Stock Price = Market Price

Growth Rate = Dividend Growth Rate

Cost of Common Stock = $2 / Market Price + Growth Rate

Weighted Average Cost of Capital (WACC):

The weighted average cost of capital is the weighted average of the costs of each source of capital, considering their respective proportions in the capital structure.

WACC = (Weight of Debt * Cost of Debt) + (Weight of Preferred Stock * Cost of Preferred Stock) + (Weight of Common Stock * Cost of Common Stock)

Weight of Debt = Debt / Total Capital

Weight of Preferred Stock = Preferred Stock / Total Capital

Weight of Common Stock = Common Stock / Total Capital

Debt = $100,000

Preferred Stock = $200,000

Common Stock = $600,000

Total Capital = Debt + Preferred Stock + Common Stock = $100,000 + $200,000 + $600,000 = $900,000

Weight of Debt = $100,000 / $900,000 = 0.111111 (approximately 11.11%)

Weight of Preferred Stock = $200,000 / $900,000 = 0.222222 (approximately 22.22%)

Weight of Common Stock = $600,000 / $900,000 = 0.666667 (approximately 66.67%)

WACC = (0.111111 * 6.50%) + (0.222222 * 5.

The cost of capital for each source can be calculated by determining the cost of debt, cost of preferred stock, and cost of common equity. The cost of debt is 8.33%, the cost of preferred stock is 5.33%, and the cost of common equity is 14.77%.

To find the cost of capital for each source, we will calculate the cost of debt, cost of preferred stock, and cost of common equity.

The cost of debt can be calculated using the formula: Cost of Debt = (Annual Interest Payment / Bond Price) x 100%. In this case, the bond price is $60 and the annual interest payment is 10% of the bond's par value of $50, so the cost of debt is (0.10 * $50 / $60) x 100% = 8.33%.

The cost of preferred stock can be calculated using the formula: Cost of Preferred Stock = Dividend / Stock Price. In this case, the dividend is $8 per share and the stock price is $150, so the cost of preferred stock is $8 / $150 = 5.33%.

The cost of common equity can be calculated using the Dividend Discount Model (DDM) formula: Cost of Common Equity = Dividend / Current Stock Price + Growth Rate. The growth rate for the first 3 years is 8%, for the following 3 years is 6%, and for an indefinite period is 5%. The dividend for common stock is $2 per share. The current stock price can be calculated using the market value of the common stock ($2 * 600,000 = $1,200,000) divided by the number of shares (600,000), which equals $2 per share. The cost of common equity is $2 / $2 + 0.08 + 0.06 + 0.05 = 14.77%.

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Data mining would be most helpful to a manager that wants to

Answers

Data mining would be most helpful to a manager that wants to discover unexpected relationships among the data stored by his/her organization.

Businesses employ the technique of data mining to transform unstructured data into information that is useful. Organization may learn more about their consumers to create more profitable campaigns, boost sales, and save expenses by utilizing software to explore for patterns in massive quantities of data. The efficient gathering, storage, and processing of data are essential for data mining.

Based on user requests, data mining tools examine correlations and patterns in data. An organization may employ data mining software to produce information classifications, for instance. As an example, consider a restaurant that wishes to utilize data mining to figure out when to run specific specials. It examines the data it has gathered and establishes classifications according to the frequency of client visits and the items they purchase.

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Which of the outcomes in are most appealing to you? Are you more attracted to extrinsic outcomes or intrinsic outcomes?

Answers

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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Innovate ways where you can prove the law of action-reaction.

Answers

The ways where you as a person can prove the law of action-reaction are:

When a player pushes the ball forward with force while holding it, the ball pushes back on the player's hand.Student tugs on desk, which tugs back on student (This is how you can "pull" yourself forward.)

How can the law of action and reaction be proven?

When a person pushes against a wall (action force), the wall pushes back with an equal and opposing force (reaction force). The Space Shuttle lifts (there is no slingshot involved!) because the hot gases push out hot gases (action force) and exert a force on the Space Shuttle engines (reaction force).

Therefore, it can also be shown through Swimming. With  the use of the hands, a forward-swimming individual forces the water to move backward. A response force is created as a result of the action force that the individual is exerting.

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Effective first time managers volunteer for special projects.
O True
O False

Answers

Answer:

I believe False

Explanation:

Why? Because not everyone has the same skill, fast learning/thinking, it is there own decision.(I think Im saying another answer as to yours)

Current research suggests that a. investors can get more diversification with shares of domestic, large-cap stocks. b. investors can get more diversification with shares of domestic, small-cap stocks. c. investors can get more diversification with shares of foreign, large-cap stocks. d. investors can get more diversification with shares of foreign, small-cap stocks.

Answers

Answer:

d.) investors can get more diversification with shares of foreign, small-cap stocks.

Explanation:

Diversification could be regarded as one of the ways used in balancing of risk as well as reward in ones investment portfolio. It is been reffered to as practice involving spreading ones investments around , then ones exposure to any one type of asset will be limited. This is a way to reduce the volatility of ones portfolio over time.

More diversification can be gotten by

Small-cap stocks which are regarded as public companies with a market capitalizations that ranges from $300 million up to $2 billion. It should be noted that Current research suggests that investors can get more diversification with shares of foreign, small-cap stocks.

At which event must special care be taken when prepping food for your guest

Answers

Answer: Im not sure I fully understand what is being asked, but when prepairing food for guests, special care must be taken when prepairing raw meats. Sanitation is vital when it comes to mixing raw meats and veggies.

Explanation:

The event at which special care should be taken when preparing food for the guests is at every event when guests must eat food.

What are special occasions?

Special occasions are used to mark important events in the life of the hosts and guests.  Food is always prepared and offered at such special events.

The different tastes and preferences of guests must be considered, especially with regard to the use of spices and seasonings.

At every event, where guests are expected to participate in the prepared food, utmost care must be taken to ensure:

A sanitized environmentNecessary precautions for food safetyA dignified dining experience.

Thus, the event where special care must be taken when preparing the food for the guests is every event where guests are expected to eat some food.

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is the money you receive from work that you do and from
money that you invest.

Answers

Yes and now that you have money that you invested with your time you get to chose where it gose to.

Answer:

Money received for work is/are _____.

taxes

wages

mean salary

expenses

i think its wages

what is Economics in simple terms​

Answers

Answer:

The New York Stock Exchange in New York City, USA. Economics is the social science which studies economic activity: how people make choices to get what they want. It has been defined as "the study of scarcity and choice" and is basically about the choices people make.

Explanation:

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