Answer:
The company must borrow $3000 and option B is the correct answer.
Explanation:
The minimum cash balance is the required balance that the company should have at the end of the period. The decision to borrow or repay will be taken by comparing the period end balance with the minimum balance. If the period end balance is higher than the minimum balance, the company may decide to repay. If it is lower than the minimum balance, the company should borrow.
The period end balance can be calculated as,
Ending balance = Opening Balance + Cash receipts - Cash disbursements
Ending balance = 17000 + 120000 - 130000
Ending balance = $7000
Difference = 7000 - 10000 = -$3000
As the ending cash balance ($7000) is less than the minimum cash balance required ($10000), the company should borrow for the amount of difference. Thus, the company should borrow $3000
Answer and Explanation:
The computation of the earning per share is shown below:
As we know that
Earning per share = Net income ÷ Average number of common shares outstanding
For year 1
Dakota
= $3,715 ÷ 599 shares
= $5.30 per share
Jersey
= $3,187 ÷ 363 shares
= $8.78 per share
For year 2
Dakota
= $2,182 ÷ 594 shares
= $3.67 per share
Jersey
= $1,925 ÷ 334 shares
= $5.76 per share
Answer:
There is no short answer.
Explanation:
For the first scenario, the group doing the influence is her sorority sister. The nature of the group is aspirational because she is helping her decide. The influence the group has is value expressive because even though Sue wanted an MP3 player, she ended up buying an iPod with video playing ability which was not what she wanted.
For the second scenario, the group doing the influence is the US army. The nature of the group is aspirational because he has a sticker on his car which means that he wants to be associated with the group and show his support. The influence the group has is utilitarian because it lines up with Bill's expectations.
For the third scenario, the group doing the influence is the brand because it affects Jane's behavior and choice of clothing. The nature of the group is aspirational because they want to interview her and offer her a job. The influence of the group is utilitarian because they are causing Jane to adjust herself to their expectations and values in order to get to job.
For the fourth scenario, the group doing the influence are the protesters on the campus. The nature of the group is dissociative because Bill clearly does not want to be associated with the group by wearing blue jeans. The influence of the group is informational because it challenges peoples beliefs and has the potential to change their minds.
I hope this answer helps.
Answer:
Relative elastic.
Explanation:
There is 10 cent increase in price, however, demand for coca-cola cans have reduced to 50 cans, which is propotionatly high.
Price elasticity of demand are percentage change in demand with percentage change in price of product. Demand has inverse relationship with price of products.
There are 4 type of price elasticity of demand:
- Perfectly elastic demand.
- Perfectly inelastic demand.
- Relatively elastic demand.
- Relatively inelastic demand.
Perfectly elastic demand: Small change in price lead to greater change in demand of products.
Perfectly inelastic demand: No change in demand of product with changes in price of product.
Relatively elastic demand: Propotionatly greater change in demand with propotionatly lesser change in price of product.
Relatively inelastic demand: Percentage change in demand is lesser than percentage change in price of product.
Answer:
a) operating activity (added to net income)
Explanation:
Operating activities are those activities that deals to day to day expenses and revenues i.e. salary expense, advance cash received,etc. Also it records the changes in working capital amounts
Here the receipt on dividend held on stock investment considered to be an operating activity and since it is a cash inflow so the same is to be included in the net income
Therefore option a is correct