How would deposits in transit be dealt with in a bank reconciliation?
a. added to company's book balance
b. deducted from company's book balance
c. added to bank statement balance
d. deducted from bank statement balance
c
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A barbecue sauce producer makes their product in an 80-ounce bottle for a specialty store. Their historical process mean has been 80.1 ounces and their tolerance limits are set at 80 ounces plus or minus 1 ounce
What does their process standard deviation need to be in order to sustain a process capability index of 1.5? A) 0.10 B) 0.15 C) 0.20 D) 0.25
Explain the difference in the two main measures of risk: the standard deviation and the beta
What will be an ideal response?
Paul Company is considering purchasing a capital investment that is expected to provide annual cash inflows of $12,000 per year for 3 years. Assuming that the required rate of return is 10%, what is the present value of these cash inflows? (PV of $1 and PVA of $1) (Use appropriate factor(s) from the tables provided. Do not round PV factors and intermediate calculations. Round your final answer to the nearest dollar.)
A. $9,016 B. $27,047 C. $29,842 D. $28,822