You have bad credit and they tell you that they can give you a loan on the $15,000

In a payday loan, what happens at the date of loan maturity?

Elena L [17]

Borrower must pay off loan

3 0

3 years ago

National Park Tours Co. is a travel agency. The nine transactions recorded by National Park Tours during May 2019, its first mon

lana66690 [7]

Answer:

National Park /Tours Co.

National Park Tours Co.

Unadjusted Trial Balance

May 31, 2019

Account Titles Debit Credit

Cash $10,700

Equipment 25,000

Drawing 3,500

Accounts receivable 3,500

Accounts payable $ 1,750

Fees Earned 13,900

Supplies 2,450

Capital 34,700

Operating expenses 5,200

Totals $50,350 $50,350

Explanation:

a) Data and Calculations:

T-accounts

Cash

Account Titles Debit Credit

Beth Worley, Capital (1) 34,700

Supplies (2) 2,450

Equipment (3) 4,500

Operating expense (4) 3,800

Accounts payable (5) 18,750

Accounts receivable (6) 10,400

Operating expense (8) 1,400

Drawings (9) 3,500

Balance 10,700

Totals $45,100 $45,100

Equipment

Account Titles Debit Credit

Cash (3) 4,500

Accounts payable (3) 20,500

Balance 25, 000

Totals $25,000 $25,000

Beth Worley, Drawing

Account Titles Debit Credit

Cash (9) 3,500

Accounts Receivable

Account Titles Debit Credit

Fees Earned (7) 13,900

Cash (6) 10,400

Balance 3,500

Totals $13,900 $13,900

Accounts Payable

Account Titles Debit Credit

Equipment (3) 20,500

Cash (5) 18,750

Balance 1,750

Totals $20,500 $20,500

Fees Earned

Account Titles Debit Credit

Accounts receivable (7) 13,900

Supplies

Account Titles Debit Credit

Cash (2) $2,450

Beth Worley, Capital

Account Titles Debit Credit

Cash (1) 34,700

Operating Expenses

Account Titles Debit Credit

Cash (4) 3,800

Cash (8) 1,400

Balance 5,200

Totals $5,200 $5,200

3 0

3 years ago

Sales 101 teaches you to: Always just answer the question the customer has Never try to get more information about what the cust

Natali [406]

Answer:

I think it's A) Always just answer the question the customer has.

Explanation:

I know it's not D) "Never look the customer in the eye."

I don't think it's C) "Always answer a question with another question" that just seems like it would be confusing for the customer.

And I don't think it's B) "Never try to get more information about what the customer needs" because part of you're job as a salesman is find out what the customer needs.

So that leaves answer choice A

4 0

2 years ago

It announces that it plans to pay dividends of $1 per share exactly three years from now and $2 per share exactly four years fro

kkurt [141]

The Question is incomplete.

The complete question is as follows:

It announces that it plans to pay dividends of $1 per share exactly three years from now and $2 per share exactly four years from now. From year 5 onwards, dividends are expected to grow at a constant rate of 10% per year. The company pays no dividends in years one and two. The risk-free rate is 5%, the company's beta is 1.5 and the expected return on the market is 11%. Calculate the price of this stock today

Answer:

Price of stock = $34.42

Explanation:

The Dividend Valuation Model is a technique used to value the worth of an asset. According to this model, the worth of an asset is the sum of the present values of its future cash flows discounted at the required rate of return.

Required rate of return

Using the CAPM , the rate of return on equity can be determined as follows:

E(r)= Rf +β(Rm-Rf)

E(r) =? , Rf- 5%, Rm- 11%, β- 1.5

Ke = 5% + 1.5× (11-5)%

= 14%

Present value of Dividends(PV)

Year PV

3 $1.00, × (1.14^(-3) = 0.6749

4 $2.00× 1.14^(-4) = 1.18416

5 and beyond

This will be done in two (2) steps as follows:

PV in year 4 = (2 × 1.10) /(0.14-0.1) = 55

PV in year 0 = 55× 1.14^(-4) = 32.56

Price of stock

= 0.6749 + 1.18416 + 32.56

= $34.423

7 0

3 years ago

Intro to Investing Math Quiz

olga nikolaevna [1]

As a result of having increased from a price of $55 to $85, we can say that the stock value increased by 54.55%

The stock was valued at $55 then it increased to $85. First thing to do is to check how much it increased by in dollar terms:

= New price - old price

= 85 - 55

= $30

In percentage terms, this is:

= Increase/ Old price x 100%

= 30 / 55 x 100%

= 54.55%

In conclusion, the stock value increased by 54.55%

Find out more at brainly.com/question/10273187.

4 0

3 years ago