Pixi Boutique will have cash receipts of $57,000 in December and cash disbursements of $51,000 for this month. If its beginning cash is $12,000 and its desired reserve is $9,000, what will its excess be for December?

A. There is no excess but a shortfall.
B. $6,000
C. $9,000
D. $18,000

If a seller prepaid the taxes of $4,400 and the closing is set for may 19, using the 12 month/30 day method what will the buyer owe the seller as prorated taxes?

Consider the scenario below and let us know if you believe lauren smith's actions to be ethical. let us know why or why not. lauren smith is the controller for sports central, a chain of sporting goods stores. she has been asked to recommend a site for a new store. lauren has an uncle who owns a shopping plaza in the area of town where the new store is to be located, so she decides to contact her uncle about leasing space in his plaza. lauren also contacted several other shopping plazas and malls, but her uncle’s store turned out to be the most economical place to lease. therefore, lauren recommended locating the new store in her uncle’s shopping plaza. in making her recommendation to management, she did not disclose that her uncle owns the shopping plaza. if management decided to go with lauren's uncle's plaza, what additional information would be needed in the financial statements?

Communication comes in various forms. which of the following is considered an old form of communication? a) e-mail b) letter c) skype d) texting