In 2017 grider corporation had cash receipts of $35,000 and cash disbursements of $20,000. grider's ending cash balance at december 31, 2017 was $65,000. what was grider's beginning cash balance?
Final answer:
To calculate Grider Corporation's beginning cash balance for 2017, we subtract the cash receipts and add the cash disbursements to the ending cash balance. Using the provided figures, the beginning balance is calculated to be $50,000.
Explanation:
The student is asking how to calculate the beginning cash balance of Grider Corporation for the year 2017, given certain financial information. To find the beginning balance, we use the formula Ending Cash Balance = Beginning Cash Balance + Cash Receipts - Cash Disbursements. Considering the details provided, we have an ending balance of $65,000, cash receipts of $35,000, and disbursements of $20,000 for the year 2017. Rearranging the formula, we get Beginning Cash Balance = Ending Cash Balance - Cash Receipts + Cash Disbursements.
Substituting the given values, the calculation would be: $65,000 (ending balance) - $35,000 (cash receipts) + $20,000 (cash disbursements) = $50,000. Therefore, the beginning cash balance for Grider Corporation in 2017 was $50,000.
How many days will it take for a sum of $1300 to earn $16 interest if it is deposited in a bank paying simple interest at the rate of 4%/year?
One of the major advantages of the _____ scientific method is that it allows investigation in natural surroundings
A reason an automobile engine is not considered to be living is that it is not able to
When a defendant finishes introducing evidence, the trial is concluded.?
Can you perform all the essential functions of the job with or without reasonable accommodation? yes or no
Final answer:
Organizations can create a better work environment for disabled employees through reasonable accommodations and supportive relationships.
Explanation:
Yes, organizations can create a better work environment for employees with disabilities by implementing reasonable accommodations such as modifying schedules, reassigning nonessential job functions, and offering flexible work hours. Supportive relationships with supervisors and colleagues play a crucial role in making employees with disabilities feel valued and included. These accommodations could be in the form of modified work schedules, reassignment of nonessential job tasks, or the provision of special equipment. Creating a supportive work environment includes having flexible work hours, understanding and supportive supervisors, and proactive efforts to foster good relationships despite initial barriers such as visible differences. Furthermore, fair performance evaluation for employees with disabilities should be ensured by adapting tests or evaluation procedures to suit their capabilities.