On August 31, 2024, the general ledger of Knifepoint Cutlery shows a balance for cash of $7,914. Cash receipts yet to be deposited into the checking account total $3,325. The company's balance of cash

Answers

Answer 1

On August 31, 2024, the general ledger of Knifepoint Cutlery shows a balance for cash of $7,914.

The company's balance of cash on August 31, 2024, is $11,239.

To determine the company's balance of cash, we need to add the cash receipts yet to be deposited to the current balance of cash.

The current balance of cash: $7,914

Cash receipts yet to be deposited: $3,325

Adding these amounts together:

$7,914 + $3,325 = $11,239

Therefore, the company's balance of cash on August 31, 2024, is $11,239.

The balance of cash refers to the amount of money a company or individual has in their cash accounts at a given point in time. Cash is considered a current asset on the balance sheet and is often one of the most liquid assets, representing actual currency, coins, and funds held in bank accounts that can be readily used for transactions.

The balance of cash is typically determined by adding up the cash on hand, such as petty cash or cash registers, and the cash held in bank accounts. Bank accounts may include checking accounts, savings accounts, or money market accounts.

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Related Questions

Under which decision-making condition is the decision maker unaware of all the alternatives and the risks and consequences associated with each alternative?
a. Probability
b. Risk
c. Certainty
d. Rationality
e. Uncertainty

Answers

Under the decision-making condition is the decision-maker unaware of all the alternatives and the risks and consequences associated with each alternative in the situation of Uncertainty.

What is the meaning of Decision making?Decision making is the cognitive method of determining the best course of action from a number of options. Every choice has a consequence or a trade-off. Decision-making is the cognitive process of selecting a preferred option from among multiple options (Wikipedia).What is the meaning of Uncertainty?Uncertainty is the idea of the absence of certainty. This notion refers to situations where the current state of knowledge is such that (even with the assistance of technology) the future consequences of an action, policy or event cannot be predicted with precision. (Wikipedia)Therefore, the answer to this question is option (e) Uncertainty.

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what is subsistence farming​

Answers

the practice of growing crops and raising livestock sufficient only for one's own use, without any surplus for trade.

Best luck with your studying

Who’s the intended audience in news articles

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Newspaper readers have typically been more educated, wealthy, and older than non-newspaper audiences.

Who is a research's primary target audience?

The people who read your work are referred to as the "audience." A term paper or thesis, for example, may be produced for a professor or committee of professors. More frequently, a paper is produced for peers in your field, for others who pursue similar academic interests.

Who are the media's intended consumers or target audiences?

A group of people who you've identified and wish to appeal to is what we refer to as a social networking target audience. Based on factors like age, occupation, income level, degree of education, geography, or behavior, for example. your target market for social media

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T F Credit reports are issued monthly, so you know how much money topay toward your credit card bill.

Answers

Answer:

False

Explanation:

A financial statement can be defined as a document used for the formal communication or disclosure of financial information and statements to present and potential users such as investors and creditors. These includes balance sheet, statement of retained earnings and income statement.

Generally, financial statements are issued to recipients on a monthly basis.

A credit report can be defined as a financial document that comprises of detailed information about a person's credit history or activities with respect to borrowed money (loans). It is usually prepared by a credit bureau.

A credit score can be defined as a numerical expression between 300 - 850 that represents an individual's financial history and credit worthiness. Therefore, a credit score determines the ability of a borrower to obtain a loan from a lender.

This ultimately implies that, the higher your credit score, the higher and better it is to obtain a loan from a potential lender.

In conclusion, credit reports are issued to a customer on request and at any given time, so he or she knows how much money to pay toward your credit card bill.

A bookstore costs $90 a day to keep open, and spends $12 for each book it sells. The store charges $18 for each book it sells. If n represents the number of books sold, which equation represents the cost function for this bookstore?
O A. C = 90n + 15
O B. C = 12n + 90
O C. C = 18n + 90
O D. C = 90n + 12​

Answers

Answer:

The correct answer is B just got it right on ape

Explanation:

One subject of study for macroeconomics is?

Answers

One subject of study for macroeconomics is the aggregate behavior of the entire economy, including factors such as inflation, unemployment, economic growth, and the overall level of output and income.

Macroeconomics is a branch of economics that focuses on the behavior and performance of the economy as a whole. It examines the economy at a broader level and analyzes various aggregate variables and phenomena that impact the overall functioning of the economy. Some key subjects of study in macroeconomics include:

Economic growth: Macroeconomics studies the factors that contribute to long-term economic growth, such as investment, technological progress, and productivity.

Business cycles: Macroeconomics analyzes fluctuations in economic activity over time, known as business cycles, which involve periods of expansion and contraction in the economy.

Inflation: Macroeconomics examines the causes and consequences of inflation, which is the sustained increase in the general price level of goods and services over time.

Unemployment: Macroeconomics investigates the causes and implications of unemployment, including its impact on individuals, society, and the overall economy.

Monetary and fiscal policy: Macroeconomics explores the role of government policies, such as monetary policy conducted by central banks and fiscal policy implemented by governments, in influencing the economy.

International trade and finance: Macroeconomics analyzes the interactions between different countries' economies, including trade flows, exchange rates, and international financial markets.

Macroeconomics focuses on studying the aggregate behavior of the economy, including factors such as economic growth, business cycles, inflation, unemployment, and the impact of government policies. By examining these key subjects, macroeconomics provides insights into the overall performance and functioning of the economy, helping policymakers and economists understand and address important economic issues.

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Question 7 of 10
What is the purpose of a checkbook register?
A. To make sure that your expenses don't exceed your income
B. To keep track of the amount of money in your checking account
C. To prevent other people from using your checkbook
D. To prevent the bank from charging you an annual fee for your
account

Answers

To keep track of the money in ur checking acc

The purpose of the Checkbook register is to keep track of the amount of money in your checking account. Thus, option B is appropriate.

A checkbook is made up of several checks which can be used for paying bills, making purchases, and other financial transactions. With the rise of online banking and commerce, fewer individuals are using paper checkbooks because additional individuals are making purchases as well as paying bills online.

A bank checkbook comprises paper instruments called "cheques" that may be used for transactions in money by the owner of a savings account. These checks are printed in advance containing the account details for the account holder.

Thus, option B is correct.

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Lightskins or Darkskins


Or Other ?

Answers

Answer:

any kind of boy

Explanation:

I have no type

Can someone please help me with this!!!!

Can someone please help me with this!!!!

Answers

Answer:

Eh easy aall you have to do is pay 4,305 dolllars

Explanation:

What are the 4 types of investments?

Answers

There are 4 essential funding types or asset instructions that traders can pick from: shares, property, cash, and stuck hobby.

Essential Types of Investments are -

Growth investments - These are more  suitable for long term investors that are willing and ready to endure market high points and low points.Shares - Shares are viewed as a development venture as they can assist with developing the worth of your unique speculation over the medium to long haul.Property - Property is likewise viewed as a development speculation on the grounds that the cost of houses and different properties can rise considerably over a medium to long haul period.Defensive investments - These are more centered around reliably creating pay, instead of development, and are viewed as lower risk than development speculations.Cash - Cash ventures incorporate regular ledgers, exorbitant premium bank accounts and term stores.Fixed interest - The most popular sort of fixed interest investments are securities, which are basically when legislatures or organizations get cash from financial backers and pay them a pace of revenue consequently.

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The amount of additional satisfaction obtained from consumption of an additional unit of a good or service is _______.

Answers

The amount of additional satisfaction obtained from consumption of an additional unit of a good or service is "Marginal Utility".

What is marginal utility?

The additional pleasure a consumer has from owning one extra unit of an item or service is known as marginal utility. Economists utilise the idea of marginal utility to estimate the quantity of a good that consumers will buy.

Some key features of marginal utility are-

The additional satisfaction a consumer experiences from owning one extra unit of an item or service is known as marginal utility.When the overall utility is increased by the consumption of the an additional item, positive marginal utility occurs. On the other side, negative marginal utility arises when the overall utility is reduced by the consumption of one extra unit.Economists utilise the idea of marginal utility to estimate the quantity of a good that consumers will buy.Progressive taxation are frequently defended using the law of decreasing marginal utility.Negative, zero, or positive marginal utility are all possible.

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The manufacturer sells the article for a fixed price of $2.00. He guarantees to refund the purchase money to any customer who finds the weight of his article to be less than 8.25 oz. His cost of production is related to the weight of the article by the relation x/15 0.35. Find the expected profit per article.

Answers

The expected profit per article for this manufacturer is $1.10.

Data and Calculations:

Fixed selling price per unit = $2.00

Weight = 8.25 oz

Cost of production = x/15 + 0.35

where x = weight

Total cost of production = 8.25/15 + 0.35

= 0.55 + 0.35

= $0.90

Profit per unit = $1.10 ($2.00 - $0.90)

Thus, the expected profit per article is $1.10.

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Suppose the economy is suffering from high rates of inflation. What kind of fiscal policy should be adopted and what are the options for implementing that policy? Briefly explain, in word, the effects of this policy on Aggregate Demand (AD) and equilibrium GDP.

Answers

If the economy is suffering from high rates of inflation, contractionary fiscal policy should be adopted. This involves decreasing government spending and/or increasing taxes to reduce the amount of money circulating in the economy.

One option for implementing contractionary fiscal policy is to decrease government spending on public goods and services such as infrastructure projects, education, and healthcare. Another option is to increase taxes on individuals and businesses to decrease their disposable income and limit their spending.

The effect of contractionary fiscal policy on Aggregate Demand (AD) is to shift the AD curve leftward, as less money is available for spending. This decrease in spending will cause a decrease in equilibrium GDP, as businesses will produce less output to match the reduced demand.While contractionary fiscal policy can help to reduce inflation, it can also have negative effects on economic growth and employment in the short term. Thus, policymakers must carefully balance the benefits of reducing inflation with the potential costs of decreased economic activity.

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When signing a lease for a retail space, it's important to make sure the lease has a _______ clause, which releases the tenant from the lease if sales don't reach an agreed-upon amount. A.tenancy B.bail-out C.co-tenancy D.bankruptcy

Answers

Answer:

Option B (bail-out) is the correct approach.

Explanation:

For something like a variable annuity, a clause states that even though the investment on either the annuity happens to fall underneath a specified amount, the insured person will make additional withdrawal effects through loss.It eliminates the owner from those in the contract unless the transactions do not exceed a sum negotiated upon.

Some other available choices do not apply to the types of situations in question. So that the argument presented above should be appropriate.

Answer:

The answer is most definitely B.bail-out : )

Explanation:

Especially for retail space, be sure your lease includes a bail-out clause, which lets you out of the lease if your sales don’t reach an agreed-on amount, and a co-tenancy clause so you can break the lease if an anchor store closes or moves. If you have to do a lot of work to get the space ready for occupancy, consider negotiating a construction allowance—generally $10 to $25 per square foot—to help offset the costs.

This is a method of evaluation in a credit bureau that assigns points based on several factors to compute credit
scores for consumers.

Answers

Answer:

point system

Explanation:

Is it better for bondholders when the yield to maturity increases or​ decreases? Bondholders are better off when the yield to​ maturity:

Answers

The yield to maturity (YTM) of a bond refers to the total return expected by bondholders if they hold the bond until it matures. It takes into account the bond's current market price, its coupon rate, and the time remaining until maturity.


When the yield to maturity increases, bondholders are generally worse off. This is because a higher YTM means that the bond's price has decreased in the market. If bondholders decide to sell their bonds before maturity, they would receive a lower price than what they initially paid. Additionally, a higher YTM indicates that the bond's interest payments are relatively less attractive compared to other investments available in the market.

On the other hand, when the yield to maturity decreases, bondholders are generally better off. A lower YTM means that the bond's price has increased in the market. If bondholders were to sell their bonds before maturity, they would receive a higher price than what they initially paid. Furthermore, a lower YTM indicates that the bond's interest payments are relatively more attractive compared to other investments available in the market.

In conclusion, bondholders are better off when the yield to maturity decreases because it results in an increase in the bond's market price and makes the bond's interest payments relatively more attractive.

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the stockholders' equity section on the december 31 balance sheet of chemfast corporation reported the following amounts: contributed capital preferred stock (par $20; authorized 10,000 shares, ? issued, of which 1,000 shares are held as treasury stock) $ 112,000 additional paid-in capital, preferred 16,520 common stock (no-par; authorized 20,000 shares, issued and outstanding 6,400 shares) 665,600 retained earnings 34,000 treasury stock, 1,000 preferred shares at cost (9,700) assume that no shares of treasury stock have been sold in the past.

Answers

1)The number of shares of preferred stock issued

$102,000/ $20 = 5100 shares

2. The number of shares of preferred stock outstanding

No. of issued shares - No. in treasury stock = 5100 - 1000 = 4100 shares

3. The average issue price of the preferred stock

($102,000 + $13,770)/5100 = $22.70 per share

4. The average issue price of the common stock

$584,100/5900 = $99 per share

5. The treasury stock transaction decreased stockholders' equity by

$9450

6. The treasury stock cost

$9450/1000 = $9.45 per share

7. Total stockholders' equity

= preferred stock + Additional Paid-in Capital, preferred + common stock + retained earnings - Treasury Stock

= 102000+13770+584100+29000-9450

=719,420

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If the economy is above long-run equilibrium output, what will happen in the long run if SRAS adjusts

Answers

Answer:

Prices rise and output decreases.

HELP TAKING TEST!! Suppose you are a treatment specialist and desire additional training and certification. What would the best avenue for you to
obtain this?
O counselor certification
O specialist certification
O therapist certification
O crisis certification

Answers

The answer is crisis certification

Why is divorce a major reason people file for bankruptcy ?

Answers

If a prenup is signed before marriage some could lose all their money. Also whichever one of divorcees get custody over a child will have to pay a fixed amount of child support every month which could also contribute to money loss.

carefully specified objectives should have all of the following characteristics except _______.

Answers

With the exception of having ambiguous end dates, correctly chosen objectives should contain all of the following criteria.

What makes something unspecific?

The Latin verb specificare, which meaning "to mention especially," is where the word specify, the basis of unspecified, originates. Unspecified refers to something that is not specifically mentioned. The prefix un denotes "not," therefore. Get your favorite fruit if you're going to the supermarket to buy an unnamed fruit.

What are some instances of travel that is not specified?

Imagine being pulled aside for a security check at the airport, then being led into a back room, hooded, and driven away. without any knowledge of your destination. You'll then be placed in a cramped cell where you can hear the cries coming from the other captives.

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In negative self talk, filtering is when a person _______. a. Focuses only on their problems, ignoring their successes b. Blames themselves for every problem, whether it was their fault or not c. Believes that every situation will end badly d. See themselves as a failure for not living up to impossible standards

Answers

Answer:

In negative self talk, filtering is when a person Focuses only on their problems, ignoring their successes

Explanation:

In negative self talk, filtering is when a person is being negative filtering positive stuff and turning it to something negative instead.

For example if someone passes a test but instead of being proud they feel as if they could have tried harder or gotten a higher grade, that person is filtering their success into negative things.

Hope this helps, Have a great day! :D

In negative self-talk, filtering is when a person focuses only on their problems, ignoring their successes. Thus, option A is the correct option.

What is negative self-talk?

When your inner voice is too critical and negative, it is said to be engaging in negative self-talk. It is gloomy and emphasizes the negative. Your self-esteem is damaged, and you are prevented from realizing your potential. It might give you the impression that you will fail even before you begin. Repetitive negative self-talk frequently doesn't correspond to reality.

Rumination, which is repeated with intrusive unpleasant thoughts, might result from it. You will experience negative thoughts about yourself most of the time. This might get you down, and it can be difficult to get back up once you're down. People with anxiety or depression frequently exhibit negative self-talk. It might be overwhelming and impossible to escape from the incessant negative talk.

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ch 2: which of the following terms is the most encompassing? a. value chain b. transformation process c. general management process d. operating system

Answers

B: "Transformation process" is the most encompassing term.

The transformation process refers to the entire set of activities that organizations undertake to transform inputs into finished goods or services. This process includes all the stages of a value chain, such as procurement of raw materials, manufacturing, marketing and sales, and delivery to customers.

It also encompasses the general management processes that oversee the entire transformation process, including planning, organizing, staffing, leading, and controlling. The operating system refers to the specific systems and processes that support the day-to-day operations of an organization. The transformation process is therefore more encompassing as it encompasses all of these other terms.

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what amount of total liabilities does apple report for each of the fiscal years ended (a) september 29, 2018, and (b) september 30, 2017?

Answers

The answer is Apple reports liabilities of $257,063,000,000 during  September 29, 2018, and September 30, 2017.

What do you mean by liabilities?

Liability typically denotes your responsibility for something, but it can also imply that you owe someone money or services. A homeowner's tax obligation, for instance, may be the amount of property taxes due to the city or the amount of income tax due to the federal government.

What kind of obligations fall under the umbrella of liabilities?

Image for "liabilities" definition

Any debts that your business owes others money, including bank loans, mortgages, unpaid bills, IOUs, and other sums of money, are referred to as liabilities. A liability exists when you owe someone money after promising to do so in the future.

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Navel County Choppers, Inc., is experiencing rapid growth. The company expects dividends to grow at 19 percent per year for the next 8 years before leveling off at 5 percent into perpetuity. The required return on the company’s stock is 10 percent. If the dividend per share just paid was $1.52, what is the stock price?

Answers

Answer:

Price of stock = $74.636

Explanation:

The Dividend Valuation Model is a technique used to value the worth of an asset. According to this model, the worth of an asset is the sum of the present values of its future cash flows discounted at the required rate of return.  

The price of the stock will the sum of the present value of the growing annuity and the growing perpetuity

Present value of dividend  from year 1 to 8

The PV of the growing annuity  = A/r-g) ( 1- (1+g)/(1+r)^n   )

A- dividend payable now , r- required of return, g-growth rate, number of years

PV  = 1.52×(1.19)/(0.1-0.19) × (1 -(1.19/1.1)^8)= 17.605

PV of Dividend from year 9 and beyond:

P = D× g/(r-g)

This will be done in two steps:

Step 1: PV(in year 8)of dividend = (1.52× 1.19^8× 1.05)/(0.1-0.05)= 122.250

Step 2 : PV in year 0 = 122.25× 1.1^(-8)= 57.030

Price of stock = 17.60 +  57.030= 74.63

Price of stock = $74.636

What are the 3 Levels of Management?:​

Answers

Explanation:

Administrative, Managerial, or Top Level of Management.

Cooperatives save members money by
O purchasing supplies and services as a group.
securing financing from banks as a group.
O charging more to sell their products as a group.
O sharing all profits democratically as a group.

Answers

Answer: A

Explanation: by purchasing supplies and services as a group

Cooperatives save members money by purchasing supplies and services as a group securing financing from banks as a group.

What are cooperatives?

Cooperatives are a type of financial institution that is owned and run by members of the cooperative. Each member in the cooperative have equal rights and privileges.

Members in a cooperative save their money and this money is lent out to members at a low level of interest rate.

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Will the grading period effect what college you will go to later on?
A (True)
B (False)

Answers

Answer: A

Explanation:

Answer:

NO

Explanation:

the great depression was due primarily to the:excessive amount of money supply.extensive underutilization of resources.rising labor unions.great fall in aggregate demand.

Answers

The main cause of the Great Depression was the great fall in aggregate demand. This refers to a significant decrease in the overall demand for goods and services in the economy, leading to a sharp decline in production, widespread unemployment, and economic downturn.

Factors such as excessive money supply, underutilization of resources, and rising labor unions may have had some impact, but they were not the primary drivers of the crisis.

The Great Depression was primarily caused by a great fall in aggregate demand. During this period, there was a significant decrease in consumer spending and investment, leading to a decline in demand for goods and services. This decline in demand resulted in reduced production levels, widespread unemployment, and a general economic downturn. While factors such as an excessive money supply, underutilization of resources, and rising labor unions may have contributed to some extent, they were not the primary underlying cause of the crisis. The decrease in aggregate demand was the key factor that triggered and prolonged the Great Depression.

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Describe each of the three categories that money is generally placed in. Include an example of each. (4 points)


Subject is (Economic)

Answers

Answer:

other have in business is 1 pesos 2 pesos if u want to have a price like 1 pesos in 1 piece

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