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Ymorist [56]
3 years ago
8

The following are held by Smite Co.

Business
1 answer:
Valentin [98]3 years ago
7 0

Answer:

D) $27, 200

Explanation:

Cash in the checking account and petty cash are considered cash directly. Cash equivalents are securities that can be converted into cash within a 90 day period.

cash and cash equivalents are = checking account + petty cash + commercial paper = $20,000 + $200 + $7,000 = $27,200

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There are 10 workers in Thailand and each can produce either 4 computers or 60 tons of rice. There are 20 workers in the United
Ilya [14]

Answer:

The answer is in the image attached

Explanation:

We will ultiply the output per worker by the amount of workers to get the output for each country

<u>United States:</u>

20 workers x 10 output each  = 200 computers

20 workers x 80 output each = 1,600 tons of rice

<u>Thailand:</u>

10 x 4 = 40 computer

10 x 60 = 600 tons of rice

8 0
3 years ago
Holdup Bank has an issue of preferred stock with a $8 stated dividend that just sold for $92 per share. What is the bank's cost
kkurt [141]

Answer:

Discount rate will be 8.6 %

Explanation:

We have given that dividend = $8

And stock is given as  = $92

We know that stock value is given by

We have to find the discount rate

Stock value =\frac{dividend}{discount\ rate}

So discount rate =\frac{dividend}{stock\ value}=\frac{8}{92}=0.086=8.6 %

So discount rate will be 8.6 %

8 0
3 years ago
NU YU announced today that it will begin paying annual dividends. The first dividend will be paid next year in the amount of $.3
a_sh-v [17]

Answer:

P0 = $9.0767092  rounded off to $9.08

Explanation:

The dividend discount model (DDM) can be used to calculate the price of the stock today. DDM calculates the price of a stock based on the present value of the expected future dividends from the stock. The formula for price today under DDM is,

P0 = D1 / (1+r)  +  D2 / (1+r)^2  +  ...  +  Dn / (1+r)^n  +  [(Dn * (1+g) / (r - g)) / (1+r)^n]

Where,

  • D1, D2, ... , Dn is the dividend expected in Year 1,2 and so on
  • g is the constant growth rate in dividends
  • r is the discount rate or required rate of return

P0 = 0.31 / (1+0.1)  +  0.36 * / (1+0.1)^2  + 0.51 / (1+0.1)^3  +  0.81 / (1+0.1)^4  +

[(0.81 * (1+0.025) / (0.1 - 0.025)) / (1+0.1)^4]

P0 = $9.0767092  rounded off to $9.08

7 0
3 years ago
Remsco has taxable income of $80,000 and a charitable contribution limit modified taxable income of $82,000. Its charitable cont
telo118 [61]

Answer:

Remsco's current-year charitable contribution deduction and contribution carryover is $100.

Explanation:

Remsco's current-year charitable contribution deduction

= $82,000*10%

= $8200  

contribution carryover = 8,300 - 8200

                                      = $100

Therefore, Remsco's current-year charitable contribution deduction and contribution carryover is $100.

5 0
3 years ago
Which of the following best describes a push strategy? Group of answer choices Manufacturer builds strong consumer demand for a
maksim [4K]

Answer: Manufacturer develops mutual effort and cooperation in the development and implementation of promotional strategies by working directly with members to develop strong and viable promotional support.

Explanation:

In a push strategy the manufacturer develops mutual effort and cooperation in the development and implementation of promotional strategies by working directly with members to develop strong and viable promotional support.

In a push strategy, the firm takes it's products to the consumer. The aim of this is for the product to gain much exposure than it already has and attract more sales. Other sales channels are bypassed in the scenario, leaving just the producer and the customer. Advertisment is one of the greatest promotional tool for push strategy.

6 0
3 years ago
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