A because if you bought a car you would have good credit score
hope this helped
Answer:
the project's MIRR is 13.50 %.
Explanation:
MODIFIED INTERNAL RATE OF RETURN (MIRR)
-It is the rate that causes the Present Value of the Terminal Value (Future Cash flows at the end of the Project) to equal Present Value of Cash outflows.
-MIRR assumes a reinvestment rate at the end of the project
The First Step is to Calculate the Terminal Value at end of year 3.
Terminal Value (FV) = Sum of (PV x (1 + r) ^ 3 - n)
= $350 x (1.11) ^ 2 + $350 x (1.11) ^ 1 + $350 x (1.11) ^ 0
= $431.24 + $388.50 + $350.00
= $1,169.74
The Next Step is to Calculate the MIRR using a Financial Calculator :
(-$800) CFj
0 CFj
0 CFj
$1,169.74 CFj
Shift IRR/Yr 113.50 %
Therefore, the MIRR is 13.50 %
Answer:
financial information system :)
Explanation:
Answer:
balance after reconciliation 13,684 dollars
Explanation:
Bank Statement balance: 10,740
deposit in transit: 5,300
outstanding checks (2,356)
Adjusted balance 13,684
Cash Account: 11,697
EFT collected 2,820
missing check (443)
bank charge (90)
NSF (300)
Adjusted balance: 13,684
We adjust the bank statemnt for the deposit in transit and outstading check as the bank is unware of these.
The cash blaance account is adjsuted for the collection and fees ofthe bank. a mistake we could made (like missing a check) and the NSF as the company assume it was collected when it wasn't, so the company has less cash.
