The cash account and the December bank statement of Gomez Company showed the following: deposits made by Gomez Company during December $97,000; deposits reflected on the December bank statement, $93,600; and deposits in transit on November 30, $6,400. What was the amount of deposits in transit at the end of December

Qwest airlines has implemented a program to recycle all plastic drink cups used on their aircraft. their goal is to generate $7 million by the end of the recycle program's five-year life. each recycled cup can be sold for $0.005 (1/2 cent). a. how many cups must be recycled annually to meet this goal? assume uniform annual plastic cup usage and a 0% interest rate. b. repeat part (a) when the annual interest rate is 12%. c. why is the answer to part (b) less than the answer to part (a)?