this isn't a question so unless you give me the original or whole question I'm not sure how to answer
Answer:
true
Explanation:
i believe forgive me if wrong
Answer:
$15,500
Explanation:
Whenever there is a movement in cash over a given period, it is usually as a result of receipts and disbursement over the period and can be denoted as;
Opening balance + Receipts - Disbursements = Closing balance.
However, if the company intends to maintain closing balance, the amount to be borrowed would form part of the receipts.
$18,500 + receipts - $189,000 = $30,500
Receipts = $30,500 + $189,000 - $18,500
Receipts = $201,000
Given budgeted cash receipts, totalled $185,500, then amount to borrow
= $201,000 - $185,500
= $15,500
The answer is $3,480,817.37 The contract is worth <span>$3,480,817.37 today at a discount rate of 8.7 percent.
</span>PV = $1.1M + ($1.3M/1.087) + ($1.4M/1.087 square<span>) = $3,480,817.37</span>
<span>A bank is legally required to hold a fraction of its deposits as required reserves. These regulations are a requirement and set by most banks around the world. They set minimum amounts that must be held all the type to serve as a reserve in case of an </span>emergency.
