Questions tagged 'finance'
79 questions
Rochelle invests in 500 shares of stock in the fund shown below. name of fund nav offer price hat mid-cap $18.94 $19.14 rochelle plans
Rochelle invests in 500 shares of stock in the fund detailed below: Fund Name: Hat Mid-Cap NAV (Net Asset Value): $18.94 Offer Price: $19.14 How can Rochelle calculate the total investment cos...
Sikes Corporation, whose annual accounting period ends on December 31, issued the following bonds: Date of bonds: January 1, 2018
Sikes Corporation, whose annual accounting period ends on December 31, issued the following bonds: Date of Bonds Issued: January 1, 2018 Maturity Amount and Date: $300,000 due in 10 years (Decembe...
How much US dollars is 100000 mexican pesos?
I have two 50,000 peso bills. How much are both worth in US dollars?
Schrute farm sales buys portable generators for $ 450 and sells them for $ 730 he pays a sales commission of 5% of sales revenue
Schrute Farm Sales purchases portable generators for $450 each and sells them for $730 each. The company pays a sales commission of 5% on the sales revenue to its sales staff. Additionally, Mr. Schrut...
How many stacks of $100 dollar bills does it take to make $30,000 dollars?
How many stacks of $100 bills are needed to make a total of $30,000?
Tanning company analyzes its receivables to estimate bad debt expense. the accounts receivable balance is $302,000 and credit sales
A tanning company is analyzing its receivables to estimate its bad debt expense. The accounts receivable balance is $302,000, and total credit sales amount to $1,000,000. An aging analysis of accounts...
Hollis Industries produces flash drives for computers, which it sells for $20 each. Each flash drive costs $13 of variable costs to
Hollis Industries produces flash drives for computers, selling each for $20. The variable cost to produce each flash drive is $13. In April, the company sold 1,000 drives, and the fixed costs for that...
Nov 11, 2024
How do Pre-Printed Checks work?
I recently opened my first bank account and am still getting familiar with how checks work. My college requires me to pay a fee using a “pre-printed check,” but I’m unsure what that entails or how to...
Bank reconciliation problem: outstanding checks?
At April 30, the bank reconciliation for Guardado Company indicates three outstanding checks: Check No. 254 for $665, Check No. 255 for $1,194, and Check No. 257 for $470. Below are the details from t...
Rebel Technology maintains its records using cash-basis accounting. During the year, the company received cash from customers, $50,000,
Rebel Technology maintains its records using cash-basis accounting. During the year, the company received cash from customers totaling $50,000 and paid cash for salaries amounting to $21,900. At the b...