Ending Balance = Previous Balance + Deposits - Withdrawals is the mathematical formula that you would use to describe the financial activity on a bank statement.
In the Given Formula, the Previous Balance is the amount of money that you had in your bank account on the first date of the bank statement.
The term "Deposits" will include all the money that was deposited into your bank account. The term "Withdrawal" will include all the money that was taken out or withdrawn from your bank account.
At the end of the bank statement, the ending balance is shown which will include the previous balance and the difference between deposits and withdrawals.
If you need more information about deposits, click here:
https://brainly.in/question/9448359
#SPJ4
The answer is capital budget or capital budgeting. This is the procedure in which a business decides and assesses potential costs or ventures that are extensive in nature. These uses and speculations incorporate activities, for example, fabricating another plant or putting resources into a long haul venture. These significant capital purchases are real estate, plant expansions, manufacturing equipment, or technology.
Hi there
35000×0.07+0.08x=4370
Where x is the amount invested at 8%
Now solve for x
2450+0.08x=4370
0.08x=4370-2450
0.08x=1,920
X=1,920÷0.08
X=24,000.....answer
Good luck!
Companies that purchase inventories that are primarily in finished form for resale to customers are known as <u>merchandising</u>.
Merchandising is any practice that contributes to the sale of products to a retail patron. At a retail in-keep level, vending refers to showing merchandise that is for sale in an innovative way that entices clients to purchase greater gadgets or merchandise.
Any top for sale is merchandise, a few examples consist of groceries in a grocery store, clothes in a retail keep, electronics on an internet site, or raw materials in a production warehouse. If someone can sell the object or buy the item, then it's the product.
Vending refers to the advertising and income of merchandise. merchandising is most usually synonymous with retail sales, where companies sell merchandise to purchasers. merchandising, more narrowly, may additionally talk over with the advertising and marketing, promotion, and advertising and marketing of products intended for retail sale.
Learn more about merchandising here brainly.com/question/7145120
#SPJ4
Answer:
The current stock price is $25.
Explanation:
Since the dividend is $1.50
The required Rate of return is 10.26%
Constant growth rate is 4.0%
Therefore,
The current stock price is
= dividened x (1+constant growth rate)/required Rate of return - constant growth rate.
=$1.50 x (1+ 4%)/10.26% - 4.0%
=$1.50 x (1+0.04)/0.1026 - 0.04
= $1.50 x (1.04)/0.0626
=$1.56/0.0626
=$24.92
The current stock price is therefore $25. Approximated to the nearest dollar.