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Inessa05 [86]
3 years ago
12

On May 31, the Cash account of Tesla had a normal balance of $5,300. During May, the account was debited for a total of $12,500

and credited for a total of $11,800. What was the balance in the Cash account at the beginning of May?
Business
1 answer:
dem82 [27]3 years ago
5 0

Answer:

The balance in the Cash account at the beginning of May was $4,600

Explanation:

The balance in the Cash account at the ending of May =  The balance in the Cash account at the beginning of May + Cash increased in May - Cash decreased in May.

The balance in the Cash account at the beginning of May = The balance in the Cash account at the ending of May + Cash decreased in May - Cash increased in May

Cash increased in May = the Cash account was debited = $12,500

Cash decreased in May = the Cash account was credited = $11,800

The balance in the Cash account at the beginning of May = $5,300 + $11,800 - $12,500 = $4,600

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Mamont248 [21]

Answer: The correct answer is "d) The supply of bubble tea will decrease.".

Explanation: If everything else remains constant: An increase in the price of tapioca flour causes producers a higher cost, therefore this higher production cost will cause a decrease in supply.

4 0
3 years ago
Miltmar Corporation will pay a year-end dividend of $4, and dividends thereafter are expected to grow at the constant rate of 4%
____ [38]

Answer:

A. Market Capitalization rate = 13%

B. Intrinsic Value = $46.22

Explanation:

<em>A. Market Capitalization rate:</em>

CAPM should be used to calculate market capitalization from the given data. Following is the formula for CAPM

CAPM=r+(MxB)

r = risk free rate

M = market portfolio return

B = beta

Solution:

CAPM=0.04+(0.75x0.12)

CAPM = 13%

<em>B. Intrinsic Value of stock</em>

Gordon Growth Model (GGM) should be used to calculate intrinsic value of stock based on the given data.

Following is the formula for GGM

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g = Dividend Growth rate

r = market capitalization rate (CAPM calculated in part A)

Solution:

DDM=4x(1+0.04)/(0.13-.04)

DDM = $46.22

<em>Note: All values are rounded off to two decimal points.</em>

7 0
3 years ago
WRITE A IMPORTANT SENTANCE ABOUT EACH PARAGRAPH AND NUMBER IT PLS AND ILL GIVE YOU BRAINLIEST....DONT RESTATE THE SENTANCES
erastova [34]

Answer:

1. Omar Ndiaye is a basketball player at Northern Arizona University. He is just as skillful as his teammates, but the only difference is that he plays with one hand.

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3. The chances of Ndiaye becoming a basketball player was particularly low because he was born without a right hand. But that never stopped him.

4. People are amazed at the things he can accomplish with one hand.

5. As a kid, Ndiaye tried out a lot of sports including, soccer and swimming. He also tried basketball trying to figure out ways on how to play it with one hand.

6. Without thinking too much about how to do it, he just did it.

7. He practiced over and over until it became second nature to him.

8. All the practice did pay off. He was one of the best where he lived. Yet again, people were mesmerized.

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12. When people see Ndiaye working hard with one hand, it motivates them to work harder.

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Explanation:

Hope this helps. Sorry, it took a while. :)

5 0
2 years ago
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IgorC [24]
Aromatic wines are known as Aperitif, which generally are consumed before meals as a digestive stimulant. Although this is about wine, there are other drinks typically alcoholic that are considered Aperitif's. These drinks are mild in taste and help clear and cleanse your pallet before a meal. 
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Your company has a cost differentiation strategy regarding its products. there are several new entrants into your saturated mark
gtnhenbr [62]

1) Change the nature of the product

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3 years ago
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