Business, 05.11.2019 05:31 Hrjohnson2004
King corporation often transfers funds from its general account into a special account that is used exclusively to make debt payments. near the end of the year, the company had the following transfers: from general account to special account amount recorded in books recorded by bank recorded in books recorded by bank $ 35,000 12/29/13 1/2/14 12/31/13 12/31/13 $ 20,000 12/30/13 12/31/13 1/2/14 1/2/14 $ 30,000 12/31/13 1/2/14 12/31/13 1/2/14 $ 40,000 1/2/14 1/4/14 12/31/13 1/3/14 given the information above, choose the correct statement about king’s cash balance: multiple choice cash is overstated by $15,000. cash is overstated by $40,000. cash is fairly stated. cash is overstated by $20,000.
Answers: 3
Business, 22.06.2019 08:30
Conor is 21 years old and just started working after college. he has opened a retirement account that pays 2.5% interest compounded monthly. he plans on making monthly deposits of $200. how much will he have in the account when he reaches 591 years of age?
Answers: 2
Business, 22.06.2019 11:50
What is marketing’s contribution to the new product development team? a. technical expertise needed to translate designs into an actual product/service. b. deep customer insight that leads to product ideas. c. ability to assess financial viability d. feedback on design as well as how customers will actually use the product e. technical expertise needed to translate concepts into product/service designs.
Answers: 2
Business, 22.06.2019 13:10
The textbook defines ethics as “the principles of conduct governing an individual or a group,” and specifically as the standards one uses to decide what their conduct should be. to what extent do you believe that what happened at bp (british petrolium) is as much a breakdown in the company’s ethical systems as it is in its safety systems, and how would you defend your conclusion?
Answers: 2
Business, 22.06.2019 13:20
Suppose farmer lane grows and sells cotton in a perfectly competitive industry. the market price of cotton is $1.64 per kilogram, and his marginal cost of production is $1.44 per kilogram, which increases with output. assume farmer lane is currently earning a profit. can farmer lane do anything to increase his profit in the short run? farmer lane: a. cannot do anything to increase his profit. b. may or may not be able to increase his profit. c. can increase his profit by raising his price. d. can increase his profit by producing more output. e. can increase his profit by shutting down.
Answers: 1
King corporation often transfers funds from its general account into a special account that is used...
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