paid $2.50 in interest. There are Checks 1501 ($85), 1507 ($50.16), and 1511 ($20.50), but they are not shown on the statement. A service charge of $5 was levied by the bank. Leia made an $85 deposit yesterday that is not on the statement. Luke wants to open a checking account that will be the least expensive given her normal financial transactions. He typically writes 15 checks a month and uses an ATM 35 times a month. His minimum checking balance falls to about $350 in an average month. Below are Luke's checking options Account A: No monthly fee is charged if a minimum balance of at least $300 is maintained. A $5.00 fee is charged in any month the minimum balance falls below $300. An ATM fee of $0.10 per transaction is charged on all transactions. Account B: . . . . No monthly fee is charged if a minimum balance of at least $500 is maintained. A $3.00 fee plus $0.10/check is charged in any month the minimum balance falls below $500. There is no ATM fee on transactions 1. Giving the actual information in regards to the balance sheet, assuming all accounts are correct, calculates liquidity ratio, saving ratio, and net worth. If they want to free money to spend more apply your reading, what will be the main change that they need to make? 2. Given the discussion between Luke and Leia, what is the error in the amount of money in the bank balance or cash on hand, real versus what it is in the balance of $500? In finding the bank using your reading, which decision-making process is more able to find the error elaborate your answer. 3. Giving the information to calculate their taxes, what are the tax liability and the average tax rate? For the toolbar press ALT+F10 (PC)or ALT+EN+F10 (Mac)

yestertay that is not on the susement. checking balance tals fo about 850 in an wrerage morth Beiow ave Liko's chocking ofbions. Acocount A f. No imonthy fee is cherped if a minimum balance of at least $300 as maintaind. - A SS.00 foe is charged in any monen the minimum balance tella below $300. 7. AA ATM foe of $0.10 per transsction is chaped on all transactions Mocount R - No monthiy fee is charged if a minimum balance of at hast 1500 is maintained A 5.00 fee phis 50 soleheck is charged in any month the minimum balence falls bellow 5500 . There is no ATM fee on frantactions apply your reading, what will be the main change that they need to make? using your reading, which docision-making process is mone able to find the enror elaborabe your answer. 3. Giving the information fo calculate their tawes, what are the fax labily and the average tax rabe