Explanation:
The preparation of bank reconciliation is presented below:
Crane Company
Bank reconciliation statement
July 31, 2022
Particulars Amount Particulars Amount
Bank cash balance $9,222 Company cash balance $9,328
Deposits in transit $3,763 Collections $2,120
Less: Outstanding Less: service fee -$53
Check -$1,590
Bank balance Company balance
After reconciliation $11,395 After reconciliation $11,395
Answer:
The return on assets is 8.4%
Explanation:
In order to calculate the return on assets we will first need to find the average total assets. We will do this by adding the beginning and ending total assets and dividing it by 2.
Average total assets= (31,500+20,500)/2= 26.000
Now in order to find the return on assets we will divide the net income by the average total assets.
Return on assets = 2,200/26,000=0.084=8.4%
Answer:
He is acting as a spokesperson.
Explanation:
According to Mintzberg, Spokesperson is the person who is responsible for representing company on a public forum and is not associated with management of companies core operation.
