Answer:
To treat this in the bank reconciliation, the difference of $45 is deducted from the balance per bank.
Explanation:
Based on the information given;
The amount recorded (as a deduction) in the books was in excess of $45 being the difference between the actual amount $749 and the erroneous amount recorded $794.
As such, to reconcile the bank statement balance to the balance in the books, the difference $45 is deducted from the balance per bank.
However, in the computation of the book balance the excess amount $45 is added to the book balance to correct the error.
With the franchise of her Camp Bow Wow, <em>a. It allowed her to work at realizing her </em><em>vision</em><em> and building the </em><em>brand </em><em>rather than the day-to-day </em><em>operations </em><em>of the business.</em>
Heidi did not choose the franchise option because she had experience in founding other franchises, had her fill with corporate life, or needed to recover money wasted on the settlement of her late husband's plane crash lawsuit.
Thus, with her passion for the dog daycare business, she used the franchise option <em>to duplicate and replicate</em> the original business concept., thereby realizing her vision and building the Camp Bow Wow brand.
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Answer:
D) $62.57
Explanation:
One should be willing to pay the intrinsic value or fair price, computed using the present value of dividends
Intrinsic value or fair Price = 2.3/1.14 + 2.645/1.14^2 + 3.04/1.14^3 + (3.04*(1+10%)/(14%-10%))/1.14^3
= $62.57
Therefore, You should be willing to pay $62.57 for this stock.
Answer:
The Intrinsic value is calculated by multiplying the Earnings per share by the P/E ratio.
1. The lowest P/E ratio is 21.37 so the intrinsic value is;
Intrinsic value = 2.1 * 21.37
= $44.88
2. Highest P/E ratio is 23.49
Intrinsic value = 2.1 * 23.49
= $49.33
3. The average P/E ratio is;
= (22.07 + 23.49 + 21.37)/3
= 22.31
Intrinsic value = 2.1 * 22.31
= $46.85
