Answer:
$20,450
Explanation:
With regard to the above, the adjusted cash balance would be computer as;
= Bank balance + deposits in transit - outstanding checks
= $19,400 + $6,550 - $5,500
= $20,450
or
= Bank balance - service fees - NSF checks
= $21,525 - $70 - $1,005
= $20,450
Given a 7 percent interest rate, compute the present value of payments made in years 1, 2, 3, and 4 of $1,000, $1,300, $1,300, a
PolarNik [594]
Answer:
$4,199.29
Explanation:
Year 1 Payment value = $1,000
Year 2 Payment value = $1,300
Year 3 Payment value = $1,300
Year 4 Payment value = $1,400
Present value of Payments = [(FV year 1 / (1+r)^1)+(FV year 2 / (1+r)^2)+(FV year 3 / (1+r)^3)+(FV year 4 / (1+r)^4)
Present value of Payments = [(1000/(1+0.07)^1)+(1300/(1+0.07)^2)+(1300/(1+0.07)^3)+(1400/(1+0.07)^4)
Present value of Payments = $4,199.29
Try looking it up on google
The answer is D
Explanation: I took this quiz before
Answer:
Current dividend paid = 8% x $100 = $8
Current yield = <u>Current dividend paid</u>
Current market price
Current yield = <u>$8</u>
$74
Current yield = 0.1081 = 10.81%
Explanation:
Current yield is the ratio of current dividend paid to current market price. The current dividend paid is $8 and the current market price is $74. The division of current dividend by current market price gives current yield.
