Answer:
Needs - $284.79, Wants - $170.87, Savings - $113.92
Explanation:
Just divide $569.58 in half, so $284.79 for needs.
Then, $569.58 * 0.30 = $170.87 for wants.
Lastly, $569.58 * 0.20 = $113.92 for savings.
To check your answer, add up all the amounts:
$284.79 + $170.87 + $113.92 = $569.58
Answer:
The answer is E. $15 million
Explanation:
We have the bank's net liquidity position is equal to its Cash inflow - Cash outflow.
Cash inflow = incoming deposits + revenues from the sale of nondeposit services + customer loan repayments + sale of bank assets + money market borrowings= 30 million + 15 million + 25 million + 5million + 45 million = $120 million
Cash outflow = deposit withdrawals + acceptable loan requests + repayments of bank borrowings + cash outflows to cover other operating expenses + dividend payments to its stockholders = 20 million + 60 million + 10 million + 5 million + 10 million = $105 million
So, net liquidity position is: 120 million - 105 million = $15 million.
So, the answer is E. $15 million.
Answer:
The false statement is letter "A": As the enterprise value represents the entire value of a firm before the firm pays its debt, to form an appropriate multiple, we divide it by a measure of earnings or cash flows after interest payments are made.
Explanation:
Indeed, the value of a firm represents its value before deducting what the company owes. Though, in order to calculate the correct multiple, specialists tend to divide the debt by a measure of income or cash flows before interest payments go through.
Answer:
Sept 6. DR Inventory (80 * 20) 1,600
CR Accounts Payable $1,600
Sept 9. DR Inventory 80
CR Cash 80
Sept 10. DR Accounts Payable 63
CR Inventory 63
Sept 12. DR Accounts Receivable (26 * 31) 806
CR Sales Revenue 806
DR Cost of Goods Sold (21 * 26) 546
CR Inventory 546
Sept 14. DR Sales Returns and Allowances 31
CR Accounts Receivable 31
DR Inventory 21
CR Cost of Goods Sold 21
Sept. 20 DR Accounts Receivable (30 * 32) 960
CR Sales Revenue 960
DR Cost of Goods Sold (30 * 21) 630
CR Inventory 630
Answer:
Mark should include in the letter to avoid litigation charges:
Specific facts about the consultant that can be verified.
Explanation:
False information, sentiment-hurting statements, or personal opinions about the consultant's character should never be found in formal letters that are meant to offer constructive criticisms. This means that only specific facts that are verifiable should be included. Formal letters are not avenues for character defamation. They are called "formal" because they must stick to specific and relevant official purposes.