Answer:
The correct answer is 'A'
Explanation:
A bank statement refers to a document that is a part of the statement of account of a customer that is sent to the customer by the bank every month. It also summarizes the transactions of the account held by the customer within a month.
Answer:
Disclose the contingency and state that an estimate cannot be made.
Explanation:
Taylor Company's attorney informs its client that it is possible, but not probable, that the company will lose a currently litigated lawsuit. No reliable estimate of the potential loss is currently available. Taylor should accrue and/or disclose this potential loss BY DISCLOSING THE CONTINGENCY AND STATE THAT AN ESTIMATE CANNOT BE MADE.
Answer:
56.47% is the current share price
Explanation:
To solve this question, we use the mathematical approach.
First, we calculate the current share price =
$8.45*Present value of annuity factor(11.2%,13)
But before we can get the value for the current share price, we need the value for the present value of annuity factor.
Present value of annuity factor = Annuity[1-(1+interest rate)^-time period]/rate =
8.45[1-(1.112)^-13]/0.112=
= $8.45*6.682519757 = 56.47%
Answer:
Less than today is the correct answer.
Explanation:
Answer:
B] Thursday, October 19th.
Explanation:
For the dividend to be received, the investor has to buy the stock before the formal date in order for the investor to receive the dividend. The formal date according to this scenario is Friday, October 20th, which is a business day preceding the record date. Therefore, the investor would be needing to purchase the stock on or before a date prior to Thursday, October 19th, so as for the dividend to be received.
