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bearhunter [10]
2 years ago
11

The drawee is the

Business
1 answer:
IRINA_888 [86]2 years ago
8 0

Answer:

C

Explanation:

The drawee is the bank with which the drawer has an account.

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What budget item is NOT easy to lower if your salary is decreased?
zubka84 [21]
Well, insurance or taxes! :D
3 0
3 years ago
Companies can use free cash flow to: Select one:
stellarik [79]

Answer:

d.All of the above.

Explanation:

Free cash flow is the amount of cash that is available for management to use in any way they want (at their discretion), after all essential payments have been  made.

Essential payment may include taxation payment and other operational expenditure.

Keeping in view the above discussion, it can be assumed that the free cash flow can be used to pay additional dividends, acquire more property, plant and equipment and pay off debts.

Therefore the answer is d.All of the above.

4 0
3 years ago
Schultz Industries is considering the purchase of Arras Manufacturing. Arras is currently a supplier for Schultz, and the acquis
Aleksandr [31]

Answer:

$50.67 per share

Explanation:

using the discounted cash flow model, we can determine Arras's total value:

CF₀ = $7.6

CF₁ = $7.98

CF₂ = $8.379

CF₃ = $8.79795

CF₄ = $9.2378475

CF₅ = $9.699739875

CF₆ = $9.893734673

we must first find the terminal value at year 5 = $9.893734673 / (7% - 2%) = $197.874694

now we can discount the future cash flows:

firm's value = $7.98/1.07 + $8.379/1.07² + $8.79795/1.07³ + $9.2378475/1.07⁴ + $9.699739875/1.07⁵ + $197.874694/1.07⁵ = $7.458 + $7.319 + $7.182 + $7.048 + $6.916 + $141.081 = $177.004 million

the shareholders' share of the firm's value = $177.004 million - $25 million = $152.004 million

price per share = $152.004 million / 3 million shares = $50.668 ≈ $50.67 per share

7 0
3 years ago
Hyu Corporation bases its predetermined overhead rate on the estimated labor-hours for the upcoming year. At the beginning of th
Free_Kalibri [48]

Answer:

The predetermined overhead rate for the recently completed year was $25.33

Explanation:

The formula to compute the predetermined overhead rate is shown below:

Predetermined overhead rate = (Total estimated manufacturing overhead) ÷ (estimated direct labor-hours)

where,

Total estimated manufacturing overhead = Estimated total fixed manufacturing overhead + estimated variable manufacturing overhead rate × estimated labor hours

= $1,230,440 + $3.12 × 55,400 hours

= $1,230,440 + $172,848

= $1,403,288

Now put these values to the above formula  

So, the rate would equal to

= $1,403,288 ÷ 55,400 hours

= $25.33

8 0
3 years ago
A customer buys $10,000 of 30 year corporate bonds with 10 years left to maturity at 92. The customer elects not to accrete the
natta225 [31]

Answer:

no capital gain or loss

Explanation:

A customer buys $10,000 of 30 year corporate bonds with 10 years left to maturity at 92. The customer elects not to accrete the discount annually. At maturity, the customer will have no capital gain or loss.

5 0
3 years ago
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