Business, 19.10.2021 07:10, lilblakey69
A summary of cash flows for Sentinel Travel Service for the year ended August 31, 2016, follows:Cash receipts: Cash received from customers$734,000Cash received from additional investment of owner36,000Cash payments: Cash paid for operating expenses745,600Cash paid for land50,000Cash paid to owner for personal use18,000The cash balance as of September 1, 2015, was $89,000.Prepare a statement of cash flows for Sentinel Travel Service for the year ended August 31, 2016. Use the minus sign to indicate cash outflows, cash payments and decreases in cash.
Answers: 3
Business, 21.06.2019 15:30, dezmondpowell
Marvin wrote a check of $58.25 for the water bill and $450 for rent. he also made a deposit of $124.16. how much is his new balance after writing the checks and making the deposit?
Answers: 3
Business, 22.06.2019 06:30, hannahroswall1
Ummit record company is negotiating with two banks for a $157,000 loan. fidelity bank requires a compensating balance of 24 percent, discounts the loan, and wants to be paid back in four quarterly payments. southwest bank requires a compensating balance of 12 percent, does not discount the loan, but wants to be paid back in 12 monthly installments. the stated rate for both banks is 9 percent. compensating balances will be subtracted from the $157,000 in determining the available funds in part a. a-1. calculate the effective interest rate for fidelity bank and southwest bank. (do not round intermediate calculations. input your answers as a percent rounded to 2 decimal places.) a-2. which loan should summit accept? southwest bank fidelity bank b. recompute the effective cost of interest, assuming that summit ordinarily maintains $37,680 at each bank in deposits that will serve as compensating balances
Answers: 1
Business, 22.06.2019 07:40, carliehanson9908
Alicia has a collision deductible of $500 and a bodily injury liability coverage limit of $50,000. she hits another driver and injures them severely. the case goes to trial and there is a verdict to compensate the injured person for $40,000 how much does she pay?
Answers: 1
A summary of cash flows for Sentinel Travel Service for the year ended August 31, 2016, follows:Cash...
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