Answer: $31,625
Explanation:
To find out the adjusted cash balance per the bank records we will do the following,
First we'll add the deposits in transfer as the bank account already has those,
= 29,361 + 3,650
= $33,011
The bank incorrectly increased a check issued to $94 from $49 so we add the difference to above amount
= 33,011 + (94 - 49)
= $33,056
Then finally we subtract the outstanding checks.
= 33,056 - 1,431
= $31,625
The adjusted cash balance per the bank records should be $31,625.
Shortening the repayment schedule is not typically involved in rescheduling activities of a troubled sovereign loan.
Governments of independent political entities can issue debt, typically in the form of securities, known as sovereign debt.
Unique risks associated with sovereign debt are not present in other forms of lending.
The creditworthiness of sovereign debtors and the securities they issue is frequently rated by a number of private agencies.
Economies and political systems that are stable are often seen as having better credit risks, enabling them to borrow on more favorable terms.
Governments incur sovereign debt through the issuance of bonds, notes, and other debt instruments as well as by the borrowing of funds from other nations and international institutions like the International Monetary Fund.
Foreign currencies as well as domestic ones may be used to pay off sovereign debt, which may be due to outsiders or to the nation's own population.
To know more about International Monetary Fund click here,
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Answer:
The Current and Acid Test ratios help show whether a company will be able to pay of its current obligations with its current assets.
<h2>
Current Ratio:</h2>
Camero : GTO
= Current Assets / Current liabilities = 3,500 / 1,000
= 5,200 / 2,000 = 3.50
= 2.60
Torino
= Current assets / Current liabilities
= 7,410 / 3,800
= 1.95
<h2>
Acid-Test ratio </h2>
Camero
= (Current Assets - Inventory - Prepaid expenses) / Current liabilities
= (5,200 - 2,600 - 200) / 2,000
= 1.20
GTO
= (3,500 - 2,420 - 500) / 1,000
= 0.58
Torino
= (7,410 - 4,230 - 900) / 3,800
= 0.60
Answer:
Weeks of supply = 4.16 weeks
Explanation:
given data
net income = $20 million
revenue = $60 million
cost of goods sold = $25 million
inventory = $2 million
property, plant, and equipment = $500,000
to find out
how many weeks of supply does the firm hold
solution
we know here that Weeks of supply will be express as
Weeks of supply = × 52 weeks ....................................1
so put here value we get weeks of supply
Weeks of supply = × 52 weeks
Weeks of supply = 4.16 weeks
Answer:
Yes, sales have increased as a result of the advertising campaign.
Explanation:
Find attached the explanation.
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