The answer to your question is going to be D: 29,000
Because you can buy more bikes with the amount of money you make, hense the art of making a business also an entrepenuer
Answer:
The correct answer is $12.5.
Explanation:
According to the scenario, the computation of the given data are as follows:
Dividend = $1
Growth rate = 9%
Rate of return = 17%
So, we can calculate the current value of stock by using following formula:
Current value of stock = Dividend ÷ ( Rate of return - Growth rate )
By putting the value, we get
Current value = $1 ÷ ( 17% - 9%)
= $1 ÷ 0.08
= $12.5
Answer:
A. $146,200
Explanation:
Collection from October sales (60% of October sales) [14300 x 60%]$ 85,800.00
Collection from November sales (40% of November sales) [151000 x 40%] $
60,400.00
Total collection in November $ 146,200.00
Therefore The total amount of cash expected to be received from customers in November is: $ 146,200.00