Answer:<u><em>Therefore the current stock price is 
= $44.384</em></u>
Explanation:
Stock price for 
year or 
is as follows:
= ![[\frac{12}{(13-4)}]](https://tex.z-dn.net/?f=%5B%5Cfrac%7B12%7D%7B%2813-4%29%7D%5D)
= $133.33
The current stock price or is
= 
= 
= $44.384
<u><em>Therefore the current stock price is = $44.384</em></u>
Answer:
Total annual cash inflow= $5,000
Explanation:
The total annual cash inflow will be the sum of the savings in operating costs and the incremental contribution from the sale of the bagels.
Annual contribution from Bagel = 1,500×$0.90=1350
Operating cost savings = 3,650
Total annual cash inflow = 1,350 + 3,650 =5,000
Total annual cash inflow= $5,000
Answer:
Cash balance is $652,440
Explanation:
The cash balance is computed as:
Cash balance = Checking account balance + Cash Advance
= $651,600 + $840
= $652,440
Future plant expansion would not be included in cash balance because it is restricted to use as it is kept for future expansion.
Advance to executive will not be included in the cash balance because it is an advance which is receivable in future.
Refundable deposit will also not be included as it is refundable in nature and act as receivable.
Treasury bill is not included as it represent temporary investment.
