Bourne Incorporated reports a cash balance at the end of the month of $2,195. A comparison of the company's cash records with the monthly bank statement reveals several additional cash transactions: bank service fees ($68), an NSF check from a customer ($180), a customer’s note receivable collected by the bank ($1,200), and interest earned ($18). Required: Calculate the reconciled company balance for cash. (Amounts to be deducted should be indicated with a minus sign.)

What does the phrase limited liability mean in a corporate context?

Atrough in the business cycle occurs when

The master manufacturing company has just announced a tender offer for its own common stock. master is offering to buy up to 100% of the company's stock at $20 per share contingent on at least 64% of the outstanding shares being tendered. after the announcement of the offer, the stock closed on the nyse up 2.50 at $18.75. a customer has 100 shares of master stock in his cash account. the customer tells you that he wishes to "cash out" his position. you should recommend that the customer: