Answer:
The firm’s beginning cash balance on June 1 is $ 205.
Explanation:
We have to use the following the formula to reach to the beginning cash
Beginning Cash balance june 1 = Beginning cash balance may 1 + sales - expenses
Beginning Cash balance june 1 = [$175] + [$430] - [$110 + $290]
Beginning Cash balance june 1= $ 205
Important. The may sales are not included in the calculation because accounts receivable time is 30 days, so may accounts receivable wont be collected until june.
Answer:
D0 = $1.22
Explanation:
Data provided in the question:
Required rate of return, r = 11.50% = 0.115
Selling price of the stock = $29.00
Expected growth rate = 7.00% = 0.07
Now,
Stock price =
here,
D1 is the current dividend
thus,
$29.00 =
or
D1 = $1.305
also,
D0 =
or
D0 =
or
D0 = 1.219 ≈ $1.22
Answer:D - system analysis
Explanation: The system analysis stage in the System Development Life Cycle is on of the most important step. Here the security of the system is analysed to test if it will perform the function accurately without security bridge.
At this state, the security activity of the system is tested.
The correct answer would have to be true :)
Answer:
d. Gina's place of business.
Explanation:
UCC stands for Uniform Commercial Code. UCC is a set of rules and regulations that govern specific contracts relating to the selling and buying of good and services. Under UCC, a seller should deliver a 'perfects tender'. It means the seller has to deliver to the buyer goods that meet the buyer's specification.
Naturally, Gina Bed and breakfast would expect Fresh harvest to deliver the product at Gina place of business. During the negotiations, Fresh Harvest must have known that its products were to be consumed by customers at the Gina Bed and breakfast. Fresh Harvest must deliver to Gina merchandise that is of acceptable quality.