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stiv31 [10]
3 years ago
6

During the current month, the Acme company had receivables of $16,590. It also had outgoing expenditures of $12,730. The company

incurred a bank charge of $12.50 for a wire transfer, and the bank paid them interest of $2.37. How much should its balance have changed during this month?
Business
1 answer:
andreyandreev [35.5K]3 years ago
6 0

Answer:

$3,849.87

Explanation:

The change in balance is the net of the receipts and the payments.

The receipts include the receivables and the interest paid by the bank while the payments include the outgoing expenditure and bank charge.

Balance change

= $16,590 - $12,730 -$12.50 + $2.37

= $3,849.87

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Thank you for posting your question here at brainly. I hope the answer will help you. Feel free to ask more questions.
i think the answer is B which is <span>Timber land was harvested, robbing Native Americans of a valuable resource</span>
5 0
3 years ago
Chelsea Fashions is expected to pay an annual dividend of $1.26 a share next year. The market price of the stock is $24.09 and t
tekilochka [14]

Answer:

7.83%

Explanation:

This is calculated by using the Gordon growth model (GGM) formula as follows: P = d / (r - g) ……………………………………… (1)

Where;

P =  market price of the stock = $24.09

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g = dividend growth rate = 2.6%, or 0.026

Substituting the values into equation and solve for r, we have:

24.09 = 1.26 / (r - 0.026)

24.09 (r - 0.026) = 1.26

24.09r - 0.62634 = 1.26

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r = 1.88634 / 24.09

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Rounding to 2 decimal places. we have:

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6 0
2 years ago
Recommend ways in which business can contribute time and effort to advance the well being of others in business context in the f
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7 0
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B.it becomes more expensive to hold money as cash is the correct answer

7 0
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Answer:

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