Question
Annie Moats just received her bank statement notice online. She wants to reconcile her checking account with her bank statement and has chosen to reconcile
Annie Moats just received her bank statement notice online. She wants to reconcile her checking account with her bank statement and has chosen to reconcile her accounts manually. Her checkbook shows a balance of $726. Her bank statement reflects a balance of $1,547. Checks outstanding are No. 2146, $66; No. 2148, $89; No. 2152, $237; and No. 2153, $495. Deposits in transit are $110 and $84. There is a $24 service charge and $9 ATM charge in addition to notes collected of $103 and $58.
Prepare Annie's bank reconciliation. (Input all amounts as positive values.)
Annies checkbook balance | $ | Bank balance | $ | |
Add: | Add: | |||
(Click to select)Deposits in transit (total)Notes collected (total)Outstanding checks (total)Interest earnedATM chargeService chargeMaintenance fee | (Click to select)ATM chargeInterest earnedDeposits in transit (total)Maintenance feeNotes collected (total)Service chargeOutstanding checks (total) | |||
$ | $ | |||
Deduct: | Deduct: | |||
(Click to select)ATM chargeService chargeNotes collected (total)Outstanding checks (total)Maintenance feeDeposits in transit (total)Interest earned | $ | (Click to select)Service chargeATM chargeOutstanding checks (total)Deposits in transit (total)Notes collected (total)Interest earnedMaintenance fee | ||
(Click to select)Maintenance feeInterest earnedService chargeNotes collected (total)Deposits in transit (total)Outstanding checks (total)ATM charge | ||||
Reconciled balance | $ | Reconciled balance | $ | |
Each Tuesday, Ryan Airlines reduces its one-way ticket from Fort Wayne to Chicago from $150 to $30. To receive this special $30 price, the customer must buy a round-trip ticket. Ryan has a nonrefundable 25% penalty fare for cancellation; it estimates that about nine-tenths of 1% will cancel their reservations. The airline also estimates this special price will cause a passenger traffic increase from 400 to 700. Ryan expects revenue for the year to be 55.8% higher than the previous year. Last year, Ryans sales were $484,000. To receive the special rate, Janice Miller bought two round-trip tickets. On other airlines, Janice has paid $125 round trip (with no cancellation penalty). a. Calculate the percent discount Ryan is offering. Percent discount %
b. Calculate the percent passenger travel will increase.
Percent passenger travel %
c. Calculate the sales for new year.
Sales for new year $
d. Calculate Janices loss if she cancels one round-trip flight.
Janices loss $ e. Approximately how many more cancellations can Ryan Airlines expect (after Janices cancellation)? (Round down your answer to nearest whole number.) No of cancellations people
A local Dunkin Donuts shop reported that its sales have increased exactly 19% per year for the last 2 years. This years sales were $82,231. What were Dunkin' Donuts' sales 2 years ago? (Round each years sales to the nearest dollar.)
Sales 2 years ago $
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