Hello!!
A "balance brought forward" is an amount of the money one has from the earlier bill period.
The person who filled out this deposit received $721.50 (from the book).
Good luck :)
Answer:
a. $3.18 x 18 = $57.24
b. $3.18 x 21 = $66.78
Explanation:
PE ratio is Price-to-earning ratio which is a quick and widely-used ratio to determine a compay stock's price.
PE ratio of a company stock is determined as the current market price of a company stock divided by earning per stock of a company which is total profit of a company divided by total number of outstanding common share.
To determine the valued stock is undervalued or overvalued, usually there is a benchmark PE which is the PE of its comparison company or of the index ( e.g: company within the same industry, Dow Jones index). If the PE of a valued stock is higher than its comparision meaning the valued stock is overvalued and vice versa.
The underlying concept is that a valued stock should be of the same value as the comparison stock as we compare the profit per common share the two stocks bring about.
PE ration is a quick, yet too simple to be applied alone in stock valuation as the approach ignore many material factors in stock valuation such as cashflow of the firm, the inherit of the valued company.
In the Boston Consulting Group growth-share matrix, each of the four categories in the matrix represents a different investment strategy
More about growth-share matrix:
The growth share matrix was developed through teamwork. It was initially drafted by BCG's Alan Zakon, who would later go on to become the company's CEO, and then improved with his colleagues.
Bruce Henderson, the creator of BCG, popularised the idea in his 1970 essay The Product Portfolio. About half of all Fortune 500 businesses employed the growth share matrix when it was at its most successful.
It continues to be a key component of corporate strategy lessons taught in business schools today.
Learn more about growth-share here:
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Answer and Explanation:
The computation is shown below:
a. The percentage of loss covered is
= Bought price of insurance policy ÷ purchase price × 100
= $160,000 ÷ $178,000 × 100
= 89.89%
b. The dollar amount of loss covered is
= Percentage of loss covered × suffered amount
= 89.89% × $23,000
= $20,674.70
c. For reimbursement of the fire loss the amount should be equal to the replacement cost of the home i.e $300,000. It is fully reimbursed
We simply applied the above formula
Answer:
b. increase as the demand for high tech skills increases.
Explanation:
Due to the fact that the demand for technological products is increasing, the demand for people who possess high tech skills would also increase as firms would want to provide more tech products to satisfy the demand of consumers.
This would lead to an increase the demand for people with high tech skills. When demand exceeds supply, wages would rise.
I hope my answer helps you
