Answer:
D) have customers who operate in many different parts of the country.
Explanation:
A lockbox is basically a bank mailing address where a company's clients can send their payments to. It is similar to mailbox that receives letters, only that this one receives checks and cash. The bank is in charge of opening the lockbox and depositing the cash and checks to the company's account, and reporting the information.
Answer:
Explanation:
Last dividend = $1.85 (D0)
growth rate = 4% (g)
Current year dividend (D1) = 1.85*(1+0.04) = $1.924
r = 12%
Current price = D1/(r-g) = 1.924/(0.12-0.04) = 24.05
Price in 3 years = D4/(r-g) = D0*(1+g)^4/(r-g) = 1.85*1.04^4/0.08 = $27.0529792
Price in 14 years = D14/(r-g) = D0*(1+g)^15/(r-g) = 1.85*1.04^15/0.08 = $41.647
Answer:
B.
Explanation:
The benefits of bank reconciliation is to detect errors such as double payments, missed payments, calculation errors etc.
Therefore they will be no need for adjustment to be recorded for bank errors, outstanding checks, and deposits in transit.
Answer: Pioneering advertising
Explanation: Pioneering advertising refers to the advertising of a product or service, the concept of which is fresh and none of such products had been to any market before. This kind of advertising is done for establishing a new market.
In the given case, the company wants to aware the dog lovers to know about the patio which is a new concept to the world.
Hence the correct option is E.
This is false. a fad is a product that is popular for a SHORT amount of time .
