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balandron [24]
2 years ago
6

Ebony's bank balance 1st reached $400 on Day 4. The last day her balance was $400 was Day 8.

Mathematics
1 answer:
Tanya [424]2 years ago
6 0

Ebony’s bank balance is $400 was Day 8 and this can be explained below.

<h3>How to explain the information?</h3>

Jade cannot be true because for every transaction made during withdraws, a little amount of money is collected and as such the amount will never remain $400.

Note that the scenario for the above to occur is:

On day 4, her balance = $400

On day 5, her balance = $40

On day 6, her balance = $400

On day 7, her balance = $400

On day 8, her balance = $400

Another fact is that since she deposited 400 at first, on day 8, there will be a 0 increase so the amount will still be 400.

Therefore, if the above is the case, one can deduce the fact that her balance will still be $400.

Learn more about estimation on:

brainly.com/question/107747

#SPJ1

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Natali5045456 [20]

Answer:

$880,000

Step-by-step explanation:

First note that the full meaning of EBIT is earning before interest and tax.

When the company does not have debt, it called unlevered (VU), while a company that has debt is called levered (VL) company. The VU and the VL of the company can be calculated using the VU and VL formula as follows:

Step 1. Calculation of VU

VU = [EBIT × (1 - tax rate)] ÷ cost of equity

       = [$100,000 × (1 - 0.20)] ÷ 0.10

       = [$100,000 × 0.80] ÷ 0.10

       = $80,000 ÷ 0.10

       = $800,000

Step 2. Calculation of VL

VL = VBC + (tax rate × conversion rate × VU)

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