Asset I think
I hope it helped you
Answer:
$51
Explanation:
Given that,
Dividend paid next year, D1 = $3.06 per share
Growth rate of dividend per year, G = 6 percent per year
require a return on investment, Ke = 12 percent
Stock Price = D1 ÷ (Ke - G)
= 3.06 ÷ (0.12 - 0.06)
= $51
Therefore, I'll pay $51 for the company’s stock today.
Answer:
$172.75
Explanation:
Principal amount for the first ten years=$500
($10,000/20)
Interest repayment during the 10th Year=$385
(10,000-(500*9)*7%)
Total payment for Year 10=$885
(500+385)
Total principal amount at Year 10=$5,000
(10,000-(500*10)
Present value of Annuity=Payment per year((1-(1+7%)^-10)/7%)
5,000=Payment per year(7.02)
Payment per year from year 11=712.25
Difference between 10th and 11th payment=$172.75
(885-712.25)
Answer:
D. bank reconciliation.
Explanation:
A bank reconciliation mainly computed by an accountant, gives the difference between the balance in relation to the bank statement and the cash balance with respect to the accounting records of the depositor in a particular financial institution.
In Financial accounting, a bank statement can be defined as an official summary or list of financial transactions, which typically comprises of the amount of money that has been paid into or withdrawn from an account by an individual or business entity over a specific period of time.
Generally, a bank statement usually has the following information charges, deposits, withdrawals, including the opening and closing balance for each account held at a given the period. Thus, bank customers are advised to frequently reconcile their records with bank statements in order to prevent not-sufficient funds (NSF) checks.
A not-sufficient funds (NSF) checks refers to a check that isn't honored by the bank of the issuer due to the fact that the individual or business entity has an insufficient fund. It is also known as a bounced or bad check.
In conclusion, a bank reconciliation is an internal report that is prepared in order to verify the accuracy of both the bank statement and the cash accounts of a business or individual.