Answer:
a letter issued by a bank to another bank to serve as a guarantee for payments made to a specified person under specified conditions.
Explanation:
The amount of $130,000 in Expenses will be the least likely to be budgeted for while building a budgetary slack.
<h3>What is a budgetary slack?</h3>
This is a special consideration in a budget that seeks to increase the chances of the actual performance being better than the budget.
Joan will likely budget for $110,000 of expenses, $210,000 of revenue and $80,000 of income.
Therefore, the amount of $130,000 in Expenses will be the least likely to be budgeted for
Read more about budgetary slack
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Answer:
Explanation:
Using the dividend growth model = Do(1+g)/Ke-g
Do=1.62$
G=4%
Ke=12%
Do(1+g)/Ke-g = 2.0736(1+4%)/12%-4%
= 1.6848
/8%
= 53.916
Year Year Year Year Year
0 1 2 3 4
20% 20% 20% 20%
Dividend 1 1.2 1.44 1.728 2.0736
Ifninty dividend 55.91*
Total Cashflows 1 1.2 1.44 1.728 55.98
Pres.Val @12% 1 1.07142 1.14795 1.22995 35.583
Value of stock 40.030
Answer:
The correct answer to the following question will be Option 3 (General ledger).
Explanation:
- General Ledger is the full accounting of all the financial activities of the company across its lifespan. It contains all the documents which are preparing the reports of finance, including income, assets, investments, income, and expenditures.
- It's an official paper that offers a comprehensive overview of the business transactions of the company.
- An invoice, or general ledger key, is a number that is used to document business transactions in the ledger.
Therefore, Option 3 is the right answer.
Answer:
Current liabilities at December 31, 2014 for Irkalla;
$200,000 + $100,000 + $2,000,000 + $1,000,000 = $3,300,000.
Method of reasoning: Accounts payable-exchange and Short-term borrowings consistently fall under "Current Liabilities". Development for Other bank advance has not explicitly given (for example develops June 30, 20 × 5), so we accept it to develop on June 30, 2015. Since development is expected inside 1 year, it additionally falls under current risk as term is just a single year. On the bank credit of $2,000,000, Irkella has damaged the terms, so now this advance is likewise required to be paid off soon and thus it additionally now goes under "Current Liabilities"
