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krok68 [10]
3 years ago
10

ABC Company has a cash balance of $9,000 on April 1. The company must maintain a minimum cash balance of $6,000. During April ex

pected cash receipts are $45,000. Expected cash disbursements during the month total $52,000. During April the company will need to borrow:
A. $2,000.
B. $4,000.
C. $6,000.
D. $8,000.
Business
1 answer:
german3 years ago
7 0
I think this may be C
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Computech Corporation is expanding rapidly and currently needs to retain all of its earnings; hence, it does not pay dividends.
sertanlavr [38]

Answer:

$9.687

Explanation:

Given:

Year 3 dividend = $1.00

Year4&5 growth rate = 17%

Constant rate = 7%

Required return rate = 16%

Year 4 dividend wil be:

D4 = 1.00 * 1+growth rate

= 1.00 * (1+0.17)

= $1.17

Year 5 dividend=

D5 = $1.17 * (1+0.17)

= $1.3689

Value of stock after year 5 will be given as:

\frac{D5 * (1+growth rate)}{required return - growth rate}

= \frac{1.3689*(1+0.07)}{0.16-0.07}

= $16.2747

For the current value of stock, we have:

Cv= Fd* Pv of discounting factor

Where Cv = current value of stock

Fd = future dividend

Pv = Present value of discounting factor

Therefore,

C_v = \frac{1.00}{1.16^3} + \frac{1.17}{1.16^4} + \frac{1.3689}{1.16^5} + \frac{16.2746}{1.16^5}

=$9.6871382455

≈ $9.687

The value of stock today =

$9.687

8 0
3 years ago
Suppose that an installment plan calls for five payments to be made. The total paid in this plan is 20% more than the price woul
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Answer:

The answer is $48.

Explanation:

20% of $200 is 40. So the total amount they will pay is $240. Since there will be five payments you divide this by five. That makes %48.

4 0
3 years ago
Susan asked mary to turn up the radio, so mary increased the volume from level 5 to level 7. mary could hear the difference but
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They differ in their difference threshold. This is being defined when their sensory stimuli is different, making the individual perceive them also, as different. This occurs in the scenario given above for Susan couldn't hear the level 7 volume when Mary could already hear it.
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A population of wild horses has a growth rate (r) of 0.2 per year. If the population starts out with 50 individuals and there is
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The answer to this question is e
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Consumers spend little time and effort evaluating alternatives in the purchase of flour and soap. The consumer purchase decision
zloy xaker [14]

Answer: Routine problem solving

Explanation:

As stated in the question the customer buys flour and soap they are familiar with when making purchase without spending time to evaluate alternatives, this is a typical example of routine problem solving in making purchase decision.

Routine problem solving is a form of decision making in purchase where consumers purchase products they are familiar with, without paying much considerations to other options available.

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