Answer:
$5,400
Explanation:
We are given the cash balance per books and we are told to determine the cash balance per bank. The following formula is used to calculate the cash balance per book:
cash balance per books = cash balance per bank + notes receivable collected by bank - bank service charge - NSF check
$5,710 = cash balance per bank + $1,000 - $90 - $600
cash balance per bank = $5,710 + $90 + $600 - $1,000 = $5,400
Answer:
<em>c. $(265,460)</em>
Explanation:
The net present value of Project A shall be determined as needed.
The cash inflow of 31 December 2015 is five years from the current cash outflow and the net present value method uses the 18 per cent capital cost of the company.
The current value factor for 18 percent for 5 years is.4371, and $7.400,000 times.4371 is equivalent to $3.234.540, which is $265.460 lower than the current cash outflow of $3.5 million.
Answer:
The following are six essential management skills that any manager ought to possess for them to perform their duties:
Planning. Planning is a vital aspect within an organization. ...
Communication. Possessing great communication skills is crucial for a manager.
Decision-making. ...
Delegation. ...
Problem-solving. ...
Motivating.
Answer and Explanation:
The computation is shown below:
For preferred shareholders
The dividend is
= 12,300 shares × 4% × $100
= $49,200
For two years, it would be
= $49,200 × 2
= $98,400
And, the total cash dividend declared is $229,000
So, the cash distribute to common stockholder is
= $229,000 - $98,400
= $130,600
hence, the cash distribute to common stockholder is $130,600
Answer:
c. $9,702
Explanation:
Elias Corporation has issued 10% bond the semi annual rate of bond is 10%. The 10% rate is divided by 2 to find the actual semi annual rate of interest on the bond. The rate of bond is 5%. The amount at which bond can be sold will be used to calculate interest expense of the bond.
$97,020 * 5% = $4,851
The annual interest expense will be, $4,851 * 2 = $9,702
The correct answer is c.$9,702