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The following information pertains to Ponce Company:
Cash balance per bank statement $14,350 Cash balance per general ledger 15,080 Bank service charge 40 Deposits in transit to bank 1,800 Outstanding checks 1,310 NSF check returned by bank 200 Ponce should show the following reconciled cash balance from the bank reconciliation on its balance sheet: Select one: A. $16,110 B. $16,890 C. $14,840 D. $13,540
Which of the following exists when there is a homogeneous product with buying prices equal to selling prices and no individual buyers or sellers can affect those prices by their own actions?
A) Simple competitive market. B) Double competitive market. C) Complex competitive market. D) Uniquely competitive market. E) Perfectly competitive market.