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poizon [28]
3 years ago
15

Why must a cash book always shows a debit balance ​

Business
2 answers:
vichka [17]3 years ago
7 0

Answer: It should be noted that the total of the debit side of the cash book always exceeds the credit side. It is because business cannot pay more cash than what he has got. If the money is paid by borrowing from someone, it will first be recorded on the receipts side and only then it will be shown on the payment side. Hence, the cash book always shows a Debit balance or at the most nil balance but can never show a credit balance.

Explanation:

liubo4ka [24]3 years ago
6 0
Because it helps the buyer or seller know how much they have
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Answer:

<u>Market Segments</u>

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egoroff_w [7]

Answer:

$66.78

Explanation:

Dividend Valuation method is used to value the stock price of a company based on the dividend paid, its growth rate and rate of return. The price is calculated by calculating present value of future dividend payment.

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P0 = D0 ( 1 + g ) / ( r - g )

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Placing all these values in the formula

P0 = $3.15 ( 1 + 6% ) / ( 11% - 6% )

P0 = $3.339 / 5%

P0 = $66.78

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