Answer:
Bank will hold Mary accountable supported the deceitful use of the cardboard is $500
Note: Bank can’t make Mary answerable for the complete stolen amount from her ATM, as she conversant the bank at intervals every week when the cardboard was stolen, during these circumstance if the bank is informed about the stolen ATM directly the client is accountable for $50 in losses, whereas if they inform when three days quantity raise to $500 in losses.
Answer:
The Annual payment to be made is $445,327
Explanation:
The computation of the annual payment is shown below;
As we know that
The Present value of assets = Annual payment to be made × Present value annuity factor (i%,n)
$2,400,000 = Annual payment to be made × Present value annuity factor (7%,7)
$2,400,000 = Annual payment to be made × 5.3893
So,
The Annual payment to be made is $445,327
The annual Dividend (D0) = $1.10
D1 = $1.10 * (1+0.21)^1 = $1.33
D2 = $1.10* (1+0.21)^2 = $1.61
D3 = $1.10* (1+0.21)^3 = $1.95
D4 = $1.10 * (1+0.21)^4 = $2.36
D5 = $1.10*(1+0.05) = $2.48
Now the price of the stock at the end of the fourth year (P4) = $2.48/(0.085-0.05)
P4 = $2.48 / (0.035)
P4 = $70.85
Now the Price of the stock (P0) = $1.33/(1+0.085) + $1.61/(1+0.085)^2 +$1.95/(1+0.085)^3 + $2.36/(1+0.085)^4 + $70.86/(1+0.085)^4
Price of the stock (P0) = $1.23 +$1.37 + $1.53 + $1.70 + $51.13
Price of the stock (P0) = $56.86
Therefore the correct option is d, $56.86
Answer:
Projects A,B,C,D and E should be accepted
Explanation:
Based on the fact that each of the itemized projects has the same of level of risk as the company's existing assets, we suggest that the firm undertake those projects that gives a return rate which is above the current weighted average cost of capital of 10.5%
In essence,projects A,B,C,D and E should be accepted as they 12%,11.5%,11.2%,11% and 10.7% returns on investment respectively.
Projects F& G would be rejected on the premise that their rates of return are lower than what is currently obtainable in Midwest Water Works.
Answer:
1. Inventory account will be affected and assertions of accuracy and valuation will be violated.
2. Assets are overstated and assertion classification is violated.
3. Liability is understated and assertions of accuracy is violated.
4. No impact.
Explanation:
Assertions are certain claims of a business which a business must fulfill in order to make its financial statements reliable. A company has to record the expense when it is incurred in order to provide accuracy in valuation. In the given cases the assertions are violated which impact business accounts.
