The check register of Clover Co indicated a cash balance of $1,580.12 January 1 . During the month Clover Co made deposits of $980.75 and $2,120.85 . During the same month Clover Co wrote checks for $140.50, $1,469.29, $690.17, $51.90, and $789.12 . What balance should the register show for cash January 31?
$1,540.74
Business
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Depreciation of factory buildings and equipment is an example of
a. direct labor. b. direct materials. c. factory overhead. d. operating expenses.
Business
Regarding employee stock options (ESOs), which of the following is not true?
a. The exercise price is the price specified in the stock option contract for purchasing the common stock. b. The vesting date is the first date employees can exercise their stock options. c. The exercise date is the date employees exchange the option and cash for shares of common stock. d. The market price is the price of the stock as it trades in the market. e. A vesting period that depends on the firm's stock price reaching a specified target is a performance condition.
Business