Answer:
$87,200
Explanation:
The computation of the total amount of merchandise purchase is shown below:
As we know that
Cost of goods sold = Beginning merchandise inventory + purchase of merchandise - ending merchandise inventory
$69,400 = $11,600 + purchase of merchandise - $29,400
$69,400 = -$17,800 + purchase of merchandise
So, purchase value of merchandise is
= $69,400 + $17,800
= $87,200
It is a graph that shows the relationship between the quantity demanded of a commodity at different prices over a given period of time. It is observed that the demand curve slopes downward from left to right. It shows it has a negative slope which implies that consumers purchase more of commodity at lower prices than at higher prices.
Hope this helps and pls give me brainliest
Answer:
$51.25
Explanation:
P9 = Next dividend / Required rate r - Growth rate g
P9 = $15 / 14% - 5%
P9 = $15 / 9%
P9 = $166.67
Po = P9 / (1 - Required rate of return)^9
Po = $166.67 / (1 + 0.14)^9
Po = $166.67 / 3.2519
Po = $51.25
So, the current stock price is $51.25.
Answer:
This is what I found!
Explanation:
Bank reserves are the cash minimums that must be kept on hand by financial institutions in order to meet central bank requirements. The bank cannot lend the money but must keep it in the vault, on-site or at the central bank, in order to meet any large and unexpected demand for withdrawals.