Entries for Bank Reconciliation The following data were accumulated for use in reconciling the bank account of Mathers Co. for J
1 answer:
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Based on the price of the stock and the dividend over the years, the time-weighted return of XYZ stock is 16.83%.
<h3>What is the time-weighted return of XYZ stock?</h3><h3 />In this case, the Time weighted return can will be the same as the IRR so the IRR function on a spreadsheet can be used to find the return.
Year 0 return = -$10 per share
Year 1 = $0.25
Year 2 = $0.27
Year 3 = (0.29 + 15) = $15.29.
Time weighted return will be 16.83% as shown in the attachment.
Find out more on Weighted return at brainly.com/question/15885163.
Answer:
The cash payments expected for Finch Company in the month of May is $185,600
Thus, the option a is correct.
Explanation:
For computing the cash payment for may month. The following things should be recognized which is explained below:
1. Manufacturing expense : In manufacturing expense, is incurred for particular month and rest
is for following moth.
That means, $195200 × 3÷4 = $146,400 and $156,800 × 1 ÷ 4 = 39,200
So, the total would be $146,400 + 39,200 = $185,600
2. As insurance expenses would not be considered because the information is not given.
3. As property tax is paid in November, so it would not be taken for may month.
Therefore, The cash payments expected for Finch Company in the month of May is $185,600
Thus, the option a is correct.