Answer:
the correct balance of cash is $1,650
Explanation:
The computation of the correct balance of cash is shown below:
= Cash balance + deposits outstanding - check outstanding
= $4,340 + $1,210 - $3,900
= $1,650
Hence, the correct balance of cash is $1,650
WE basically applied the above formula so that the correct value could arrive
Answer:
Yes
Explanation:
because it's job is day and night and also to calculate and solving problems in bank
Complete question: Tax rate is 35%
Answer:
3250000
Explanation:
Tax income = 300000
Tax rate = 35%
Growth = 2%
Risk free rate = 4%
Expected market return= 9%
Beta = 0.8
We solve for the expected return on assets
= 4% + (9%-4%)x0.8
= 0.04+0.05*0.8
= 0.04 + 0.04
= 0.08
= 8% return on assets
The maximum price to pay
300000*(1-0.35)/(8%-2%)
= 300000 * 0.65/0.06
= 300000x10.8333333333
= 3,250,000
Answer:
D) It is more economical for Baurisians to import meat than grain.
Explanation:
The argument states that meat consumption in Baurisia is steadily increasing while domestic production is not.
There are two alternatives:
- import more grains to feed more animals and produce more meat (the argument favors this option),
- or simply import more meat.
But if importing meat is cheaper than importing grains, then there is no need to import more grains in order to feed animals and later get meat from them, you just simply and directly import meat.
