Answer: $17,000
Explanation:
Given that,
Budgeted beginning cash balance = $16,000
Budgeted cash receipts total = $188,000
Budgeted cash disbursements total = $187,000
Desired ending cash balance = $40,000
The excess (deficiency) of cash available over disbursements for June will be:
= Beginning cash balance + Cash receipts - Cash disbursements
= $16,000 + $188,000 - $187,000
= $17,000
Answer:
$104,000
Explanation:
Calculation to determine what Gross profit would be
Using this formula
Gross profit=Sales -Cost of Goods Sold -Sales Returns and Allowances-Sales Discounts
Let plug in the formula
Gross profit=$300,000-$158,000-$26,000- $12,000
Gross profit=$104,000
Therefore Gross profit would be $104,000
Answer:
YTM = 12.66%
Explanation:
FV = ¥100,000
PV = 0.87 x ¥100,000
PV= ¥87,000
Coupon payment = 4.3% x ¥100,000
Coupon payment = ¥4300 per year
N = 18 years
YTM = ?
We would simply plug these values into a financial calculator
https://www.calculator.net/finance-calculator.html?ctype=returnrate&ctargetamountv=1000000&cyearsv=18&cstartingprinciplev=87000&cinterestratev=6&ccontributeamountv=4300&ciadditionat1=end&printit=0&x=0&y=0
YTM = 12.66%
Answer:
Regarding to Claim to income, the correct answer would be C-Bottom
Explanation:
Shareholders can be preferred or common and they have differents claims to income. Generally, preferred stock will be given preference in assets to common assets in case of company liquidation, nonetheless both will fall behind bondholders if asset distribution happen. If bankruptcy happen, common stock investors will receive any remaining funds after bondholders, then creditors and preferred stockholders are paid. That's why these investors often receive nothing after a bankruptcy. Preferred stock also has the first right to receive dividends. In general, common stock shareholders will not receive dividends until it is paid out to preferred shareholders, and that happen because they are at the bottom of the pyramid.
