Answer: $13,700
Explanation:
From the question, we are informed that Baseball Corporation is preparing its cash budget for January. The budgeted beginning cash balance is $19,100. Budgeted cash receipts total $188,500 and budgeted cash disbursements total $190,200. The desired ending cash balance is $31,100.
To attain its desired ending cash balance for January, the company should borrow $13,700.
The solution has been attached.
Ingredients such as sugar and butter would be examples of variable costs.
Fixed costs are cost that remain constant no matter the amount of output. Fixed costs examples are rent, loan, salaries.
Variable costs are cost which change with a change in output as the business provides more services. Variable cost examples are cost of raw materials, commissions and so on.
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Answer: a legal minimum on the price at which a good can be sold.
Explanation:
A price floor is the lowest price the government approves for a product sales, in other words the product cannot be sold below the price floor. The price floor is set to protect the sellers from running at a loss in case the market price of a product is less than the expenses made in producing/buying that product.
Answer:
The stock is worth $38.99 per share today
Explanation:
We can calculate the value of the stock using the dividend discount model approach (DDM). The DDM values the stock based on the present value of the expected future dividends from the stock. To calculate the price of the stock today, we simply discount back all the future expected dividends and terminal value (calculated when the growth rate in dividends become constant) to their present value using the required rate of return as the discount factor.
The value of ART company's stock today will be,
P0 or V0 = 2 * (1+0.1) / (1+0.1) + 2 * (1+0.1)*(1+0.09) / (1+0.1)^2 +
2 * (1+0.1)*(1+0.09)*(1+0.06) / (1+0.1)^3 +
[( 2 * (1+0.1)*(1+0.09)*(1+0.06)*(1+0.04)) / (0.1 - 0.04)] / (1+0.1)^3
P0 or V0 = $38.9939 rounded off to $38.99
A. An example of an increase in human capital <u>is your labor productivity increases</u>.
More about human capital:
Human capital is the term used to describe how valuable an employee's skills and expertise are economically. Employers value qualities like punctuality and loyalty as well as skills, knowledge, and abilities, as well as physical and mental well-being.
It is an intangible asset or quality because a corporation cannot list it on its balance sheet. Investments in human capital are thought to increase productivity and profitability. The more a firm invests in its employees, the more likely it is that it will be productive and successful.
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