A check register shows a balance of 146.73 . The bank statement shows a service charge of 6.50, a charge of 3.00 for a photocopy of a check as requested by the account owner, and interest of 2.37 credited to the account. Compute the adjusted cash balance of the check register.
Q. 2A U.S. company located in a foreign trade zone imported 1,500,00 . worth of goods. The duty rate on the goods is 7. If 20 of the goods were moved into U.S. Customs territory for sale and 80 were exported for sale, compute how much the company saved by being located in a foreign trade zone.
Q. 3A bank statement shows a balance of 347.72 . The check register of the account owner shows an outstanding deposit of 500.00 and outstanding checks of 119.35, 75.00 . and 150.00 . Compute the adjusted cash balance of the bank statement.
Q. 4GarciaHariss, Inc plans to purchase 500 units of a certain component used in building cell phones in their U.S. factory. GarciaHariss, Inc can purchase the components from country A at a price of 32 each plus an ad valorem duty of 32, from country B at a price of 45 each plus an ad valorem duty of 4, or from a domestic manufacturer at a price of 41 each. They take the lowest bid. Compute the amount the 500 units will cost GarciaHariss, Inc
Q. 5A check register shows a balance of 171.11 before adding deposits of 400.00 and 421.87 . Three checks for 22.75, 618.90, and 35.00 are then written. Compute the amount of the new cash balance shown in the check register.
Quick Reply
