Winter gloves company had checks outstanding totaling $12,800 on its may bank reconciliation. in june, winter gloves company issued checks totaling $79,800. the july bank statement shows that $71,400 in checks cleared the bank in july. a check from one of winter gloves company's customers in the amount of $2,000 was also returned marked "nsf." the amount of outstanding checks on winter gloves company's july bank reconciliation should be

$19,200.

$8,400.

$23,200.

$21,200.

Complete the sentences. upper a decrease in current income taxes the supply of loanable funds today because it a. decreases; increases disposable income, which decreases saving b. has no effect on; doesn't change expected future disposable income c. decreases; decreases expected future disposable income d. increases; increases disposable income, which encourages greater saving upper a decrease in expected future income a. increases the supply of loanable funds today because households with smaller expected future income will save more today b. has no effect on the supply of loanable funds c. decreases the supply of loanable funds because it decreases wealth d. decreases the supply of loanable funds today because households with smaller expected future income will save less today

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Kelso electric is debating between a leveraged and an unleveraged capital structure. the all equity capital structure would consist of 40,000 shares of stock. the debt and equity option would consist of 25,000 shares of stock plus $280,000 of debt with an interest rate of 7 percent. what is the break-even level of earnings before interest and taxes between these two options?