Answer:
Cash $10,430 ; Cash equivalents $20,400
Explanation.
Cash consist of all currencies in hand or any convertible asset which can be converted to cash immediately.
It is to be noted that the assets with high liquidity will be included in cash and cash equivalent balance. They can quickly be converted to cash and would normally have 90 or lesser days to mature.
Solution.
$
Cash in bank. 8,540
Petty cash. 250
Check from customer. 1,350
Money order. 290
Cash. 10,430
The check has a very short maturity period since it will clear within 3-4 working days.
Money order can be cashed immediately .
Therefore;
Cash value is $10,430
For cash equivalent,
Cash equivalent = Money market fund balance + Treasury bills maturing in 60days
Cash equivalents = $10,400 + $10,000
=$20,400.
The amounts considered as cash and cash equivalents as of 31 December are ;
Cash $10,430 , $20,400 respectively.
Answer: 0.755
Explanation:
From the information given, the current per share value of the option if it expires in one year will be calculated as follows:
Firstly, we calculate the present value which will be:
= $28 / ( 1 + 0.05 )
= $28/1.05
= $26.667
The number of options needed will be:
= ( 34 - 28 )/ ( 4-0)
= 6/4
= 1.5
Therefore,
27.80 = (1.5 x Co) + [28 / (1+0.05)]
27.80 = 1.5Co + (28/1.05)
27.80 = 1.5Co + 26.667
1.5Co = 28.0 - 26.667
1.5Co = 1.1333
Co = 0.755
Therefore, the answer is 0.755
Product-service bundling is adding Value-added services to a firm's product offerings to create more value for the customer.
Answer:
b. Market share ratio
Explanation:
When the sizes of firms of a particular sector/market are being compared, a common basis for comparison is on the basis of total sales, a larger firm will have a higher ratio of total sales in the sector.
The "concentration ratio" is derived from the market shares. It gives the sum of market shares of the few largest firms in the sector, and is a measure of market power. It is not the correct choice in this case.
Answer:
b. additional costs for attending a college or university.
Explanation:
Textbooks, transportation and room and board are additional costs for attending a college or university.
They aren't included as part of tuition costs.
They are the real costs of attending college.
These costs needs to be considered when choosing a college.
I hope my answer helps you
