Answer:
during June balance we need pay or borrow $4100
Explanation:
given data
cash = $11200
cash receipts = $30800
cash payments = $36100
minimum cash balance = $10000
required balance = $10000
to find out
during June balance
solution
so we find balance here as
balance = cash in beginning + cash receipts - cash payments
put here all value
balance = 11200 + 30800 - 36100
balance = $5900
so here we know minimum cash balance require = $10000
so here
required balance = $10000 - $5900
required balance = $4100
so during June balance we need pay or borrow $4100
Answer:
Monthly bank statements should be sent to and reconciled by the same employees who authorize payments and write checks
Explanation:
The reduction in Max's demand for hot dogs as his income rises shows that Max's hot dogs are an inferior good.
<h3>What is an inferior good?</h3>
An inferior good is a concept used in economics to describe a product whose demand falls as people's earnings increase. As salaries and the economy improve, people begin to replace these things with more expensive alternatives.
- The demand for an inferior good usually falls as consumer income grows, as opposed to normal goods, which experience the reverse.
Therefore, we can conclude that the reduction in Max's demand for hot dogs as his income rises shows that Max's hot dogs are an inferior good.
Learn more about inferior goods here:
brainly.com/question/6039968
Answer:
D) distributive
Explanation:
The salary is not distributed as required as per Jackie so this is perceiving distributive justice.
Answer:
Constant, Decreases, Increases
Explanation: