Answer:
C) $77,090
Explanation:
June 69000 (40% in July, 50% in AUgust)
July 80000 (40% in August, 50% in Sepetember)
August 77500 (40% in September, 50% in October)
September 77900 (40% in October)
October 71800 (10% in October)
Total budgeted cash payments in October = 71,800 x 10% + 77,900 x 40% + 77,500 x 50% = 77,090
Answer:
a. $187.20.
b. $202.48.
c. $217.43.
Explanation:
Please find the below for detailed explanations and calculations:
We have the formula for determining the future price of the non-dividend-paying stock as below:
Future price = Spot price x (1+ annual risk free rate )n; which n = number of year(s) to maturity.
Thus, apply the general formula above, we have the below calculations:
a. Future price = 180 x (1+4%)^1 = $187.20;
b. Future price = 180 x ( 1+4%)^3 = $202.48;
c. Future price = 180 x (1+6.5%)^3 = $217.43.
Answer:
See below
Explanation:
Silver Enterprises
Post Manager Balance sheet
Current assets
$11,480
Other assets
$3,120
Goodwill
$6,790
Net fixed assets
$21,890
Current liabilities
$6,940
Longterm debt
$17,130
Equity
$18,650
Current assets = $9,200 + $2,280 = $11,480
Other assets = $2,300 + $820 = $3,120
Current liabilities = $4,960 + $1,980 = $6,940
Net fixed assets = $16,500 + $5,390 = $21,890
Long term debt = $4,390 + $12,740 = $17,130
Equity = $18,650
The answer that you are looking for is true