Fred Schultz, the owner of the West Medical Supply had lost 26 percent of his business. The cause of the lost was because of the two drug stores and close local hospital. In order for Fred to redeem his lost and to gain more, he needs to do some research on demographic changes. By this, he may be able to determine the population and to figure out where and how he can go through with his business.
Answer: D
Opportunity costs. If this is a grade school question.
Answer:
Approximate real rate is 3.03%
Explanation:
We know that,
Real rate = Nominal rate - Inflation rate
Real rate = 4.23% - 1.2%
Real rate = 3.03%
The U.S treasury bills are considered as a nominal rate i.e 4.23% and the inflation rate is 1.2%. We simply subtract the nominal rate with the inflation rate to find out the real rate so that the accurate rate could come
Answer:
The correct answer is letter "D": I and II only.
Explanation:
The Constant Dividend Growth model, also known as the Gordon Growth Model (named after Myron J. Gordon), is used to calculate the intrinsic value of a stock at any given point in time, based on the stock's expected future dividends. Investors and analysts use it frequently to compare the expected stock value to the real market price. Analysts interpret the difference between the two prices as proof that the stock could be below market value or overvalued.
The Constant Dividend Growth model assumes that the dividends grow at a constant rate for undetermined periods of time.
Answer:
Bank reconciliation for Candace Co. for May 31
Amount in $ Amount in $
Balance per Bank statement 2,936
Less;
Outstanding checks (465)
Add;
Deposits in transit 655
Bank charge 50
Erroneous check to supplier <u> 18</u> <u> 723</u>
Balance per cash account <u>3,194 </u>
Explanation:
The bank reconciliation is one done between the balance per the books and balance per the bank statement. This is usually as a result of transactions known as reconciling items.
These are items that have either been recognized in books but yet to be recorded by the bank or vice versa, transactions recorded wrongly by one of the parties etc.
The outstanding checks has been deducted from the cash book hence it will be deducted from the bank statement balance in the reconciliation statement.
The bank charges is yet to be recorded in the cash books as a deduction hence it will be added back to the bank statement balance in the reconciliation statement.
The bank deposit has been recorded as an inflow in the cash balance hence it will be added to the bank balance in the reconciliation statement.
The erroneous check amount difference
= $97 - $79
= $18
This will be added to the banks balance as it has been underdeducted in the cash balance in the reconciliation statement.
