Courageous, Inc. just paid a dividend of $1.80per share on its stock. The dividends are expected to grow at a constant rate of 3 percent per year, indefinitely. If investors require a 12 percent return on Courageous stock, what is the current price? What will the price be in 3 years? In 15 years?
PART A:
Current Price: $____________.
PART B:
Price in Three Years: $____________.
PART C:
Price in Fifteen Years: $____________.

Answers

Answer 1

Answer:

P0 = $20.6

P3 = $22.5101762 rounded off to $22.51

P15 = $32.09412 rounded off to $32.09

Explanation:

Using the constant growth model of dividend discount model, we can calculate the price of the stock today. The DDM values a stock based on the present value of the expected future dividends from the stock. The formula for price today under this model is,

P0 = D0 * (1+g) / (r - g)

Where,

D0 * (1+g) is dividend expected for the next period /year g is the growth rate r is the required rate of return or cost of equity

Current Price

P0 = 1.8 * (1+0.03)  /  (0.12 - 0.03)

P0 = $20.6

Price in three years

To calculate the current price of P0 we use the dividend for Year 1 or D1. Similarly, to calculate the price in three years or P3, we will use D4.

P3 = 1.8 * (1+0.03)^4  /  (0.12 - 0.03)

P3 = $22.5101762 rounded off to $22.51

Price in fifteen years

We will use D16.

P15 = 1.8 * (1+0.03)^16 / (0.12 - 0.03)

P15 = $32.09412 rounded off to $32.09


Related Questions

Bloomington Inc. exchanged land for equipment and $2,400 in cash. The book value and the fair value of the land were $104,300 and $88,100, respectively. Bloomington would record equipment and a gain/(loss) of:________

Answers

Answer:

Loss = $18,600

Explanation:

Given:

Cash paid = $2,400

Book value = $104,300

Fair value = $88,100

Find:

Gain/Loss

Computation:

Equipment book value = Fair value - Cash payment

Equipment book value = $88,100 - $2,400

Equipment book value = $85,700  

Loss = Equipment book value -  Fair value

Loss = $104,300 - $ 85,700

Loss = $18,600

Organization ________ refers to the formal arrangement of roles, responsibilities, and relationships within an organization.

Answers

Answer:

A) structure

Explanation:

The organization structure is the structure where the arrangement of the rule, roles, responsibilities, relationships in a formal way could be done in an organziations.

It tells the way to accomplish the goals and the objectives of the company

Therefore according to the given situation, the option A is correct

hence, the same is to be considered

The amount by which the overhead applied to jobs during a period exceeds the overhead incurred during the period is known as:_____________
a) Predetermined overhead.
b) Overapplied overhead.
c) Estimated overhead.
d) Adjusted overhead.
e) Underapplied overhead.

Answers

overapplied overhead

Option B is Correct. The amount by which the overhead applied to jobs during a period exceeds the overhead incurred during the period is known as  Overapplied overhead.

Overapplied Overhead

Overapplied overhead is  the amount that exceeds the estimated overhead  amount actually incurred during a production period, hence it is called overapplied.

Overapplied overhead is the amount by which the overhead applied jobs exceeds the overhead incurred, hence the correct option is B.

Learn More about Overapplied overhead here:

https://brainly.com/question/8148429

The production possibilities curves suggest that rev: 09_17_2020_QC_CS-228777 Multiple Choice West Mudville should specialize in, and export, both baseballs and baseball bats. workers will try to immigrate from West Mudville to East Mudville. West Mudville should specialize in, and export, baseball bats. East Mudville should specialize in, and export, baseball bats.

Answers

Answer: West Mudville should specialize in, and export, baseball bats.

Explanation:

Each country should specialize in the good that it has a lower opportunity cost in producing.

West Mudville

Opportunity cost of producing baseball bats = 9/9 = 1 baseball

Opportunity cost of producing baseball = 9/9 = 1 baseball bat

East Mudville

Opportunity cost of producing baseball bats = 8/4 = 2 baseballs

Opportunity cost of producing baseball = 4/8 = 0.5 baseball bats

From the above, West Mudville has a lower opportunity cost than East Mudville in the production of baseball bats and so it should specialize in and export that.

Q1: A researcher wants to understand the role of ethnocentrism, animosity, and self-esteem on purchase intention towards Chinese products in Pakistan with the moderating role of social status.

Based on the given information, answer the following questions:

I. Identify the independent variable(s), moderator, and dependent variable(s) of the study.

II. Develop the conceptual framework

III. Suggest the null and alternative hypothesis/hypotheses of the study.

Question No.2:
Rectify the Error if any in the following in-text citation as per APA guidelines
Perceived risk, which is defined as an individual’s degree of expected uncertainty associated with the result of using a certain technology (Tan and Lau, 2016). It includes five main groupings: service performance, monetary, time, societal, and security risks (Jacoby and Kaplan, 1972; Mha, 2015). Perceived risks in turn increase consumer hesitation and generate negative attitudes toward a service (Kalaiarasi and Srividya, 2012). This breeds a sense of anxiety and unease that in turn decreases the perceived value and usefulness of technology, thereby diminishing adoption intentions (Kumar, Arcand, Tai, 2012). Indeed, as stated by (Kazi and Mannan, 2013), electronic banking applications are associated with high perceived risks because consumers fear the exchange of personal financial information and services through online applications Moreover, studies have indicated that a high degree of perceived risk and insecurity is generally associated with mobile devices as people dread the loss or theft of these appliances and the information they hold (Hanafizadeh, 2013). Studies have also found that consumers fear the uncertainty associated with mobile applications, including system errors, software problems, connection troubles, and third party hacking (Tai and Ku, 2013). Therefore, high risks will significantly reduce an individual’s likelihood to adopt m-banking technologies (Kumar, Arcand, Tai, 2012).

Answers

Answer:

A researcher wants to understand the role of ethnocentrism, animosity, and self-esteem on purchase intention towards Chinese products in Pakistan is explained below in complete details.

Explanation:

1. Independent variable are those variables which are shaped by the experimenter, also described the incentive variable. There are 3 Autonomous Variables

IV. - • Ethnocentrism • Animosity • Self Esteem

Dependent Variable- The variable that is covered, also termed acknowledgment variable.

DV -the purpose of acquiring Chinese commodities.

Moderator - moderator is the variable that improves the intensity of the association between IV and DV (as discussed in the description above)

Social Status is the moderator.

3. Alternative hypothesis - Social Status moderates the variation in the purchasing purpose of Chinese commodities between people of differing Ethnocentrism, self-esteem, and Animosity towards Chinese commodities in Pakistani people.

Null hypothesis - there is no distinction between the purchasing intention of people of differing Ethnocentrism, Self Esteem, and Animosity towards Chinese commodities in pakistani population.

QUESTION 14
Which of the following is not true when describing an Exchange?
Each part has something that might be of value to the other party
Three or more parties must be involved
Each party is capable of communication and delivery
Each party believes it is appropriate or desirable to deal with the other party
Each party is free to accept or reject the exchange offer

Answers

Answer:

this is my answer hopes it helps you

Explanation:

Each party believes it is appropriate or desirable to deal with the other party


Would you rather be in charge of a product or work as a part of a team?

Answers

Answer:

work as part of a team

Answer:

I prefer work as a team

Explanation:

because it's best for me then to work alone

Click this link to view O*NET's Work Context section for Electrical Power-Line Installers and Repairers. Note that
common contexts are listed toward the top, and less common contexts are listed toward the bottom. According to
O*NET, what are some common work contexts for Electrical Power-Line Installers and Repairers? Check all that
apply.
✓ frequency of decision making
X exposed to disease or infections
outdoors, exposed to weather
wear common protective or safety equipment
face-to-face discussions
x outdoors, under cover
Answer 1,3,4,5

Answers

Answer:

That's right

Explanation:

edge2020

Answer:

the answer is above me i did the unit test on edge 2021

Explanation:

am i the brainlest

The envelope method, notebook and pencil, and online software are all methods of ______.
estimating your unexpected expenses
planning for your future
tracking your spending
understanding your current expenses

Answers

Answer:

tracking your spending

Explanation:

In personal and business activities inner needs to track spending in order to know financial status and budget effectively with available funds.

Without tracking spending there is tendency that waste will occur and spending on unimportant items will occur.

The envelop method entails having money for each category of spending in different envelops. At the end of a period you can check the envelops to see how much has been spent in each category.

Notebook and pencil involves writing down expenses.

Online software such as QuickBooks can be used to track how much an individual or business has spent.

Answer:

C. tracking your spending

Explanation:

Pule purchases four bottles of bathroom cleaner for $3 each. The maximum prices she would have been willing to pay for each bottle are $6 for the first bottle, $5 for the second bottle, $4 for the third bottle, and $3 for the fourth bottle. The marginal cost of producing the bottles is $2.50. What is Pule's consumer surplus on the third bottle of bathroom cleaner?a. $.50 b. $6c. $1d. $0

Answers

Answer:

The correct answer is:

$1 (d)

Explanation:

A consumer surplus is the difference between what a consumer is willing to pay and what they are able to pay for a particular good or service. It is simply the extra benefit gained by the consumer for paying lesser for a good or service than what they actually intended to pay. Based on this, it is noticed that consumer surplus tends to increase as the market price of goods/services fall, and reduce as their price increases. It is represented mathematically as:

Consumer surplus = (Price willing to pay) - (Actual price paid)

In this example, the consumer surplus is calculated thus:

price willing to pay for third bottle  = $4

Price paid = $3

Consumer surplus = 4 - 3 = $1

Is it possible for unemployment rates to increase at the same time that the number of employed persons is increasing

Answers

Answer:

Yes, it is possible for unemployment rates to increase at the same time that the number of employed persons is increasing

Explanation:

Yes, if the number of people who are employed increases, the unemployment rate in an economy also increases. Because, if the labor force increases, the people will try to get the new job and it leads to the increases in the job growth. Thus, an increase in the employment rate will increase the unemployment rate in an economy.

This firm is currently operating at 84 percent of capacity. All costs and net working capital vary directly with sales. The tax rate, the profit margin, and the dividend payout ratio will remain constant. How much additional debt is required if no new equity is raised and sales are projected to increase by 12 percent?

Answers

Answer:

Most of the numbers are missing, so I looked for a similar question:

The Steel Mill is currently operating at 84 percent of capacity. Annual sales are $28,400 and net income is $2,250. The firm has current liabilities of $2,700, long-term debt of $9,800, net fixed assets of $16,900, net working capital of $5,000, and owners' equity of $12,100. All costs and net working capital vary directly with sales. The tax rate and profit margin will remain constant. The dividend payout ratio is constant at 40 percent. How much additional debt is required if no new equity is raised and sales are projected to increase by 12 percent?

if the firm is operating at full capacity, then it will need to raise new debt:

EFN = (A/S) x (Δ Sales) - (L/S) x (Δ Sales) - (PM x FS x (1-d))

A/S = $24,600 / $28,400 = 0.866

ΔSales = $28,400 x 12% = $3,408

L/S = $2,700 / $28,400 = 0.095

PM = $2,250 / $28,400 = 0.079

FS = $28,400 x 1.12 = $31,808

(1 - d) = 1 - 40% = 0.6

EFN = (0.866 x $3,408) - (0.095 x $3,408) - (0.079 x $31,808 x 0.6)  = $2,951.33 - $323.76 - $1,507.70 = $1,119.87

but if the firm is operating only at 84% (16% spare capacity), then it will not need to raise new debt:

EFN = (A/S) x (Δ Sales) - (L/S) x (Δ Sales) - (PM x FS x (1-d))

A/S = $7,700 / $28,400 = 0.271

since there is 16% of spare capacity, no new fixed assets will be required

ΔSales = $28,400 x 12% = $3,408

L/S = $2,700 / $28,400 = 0.095

PM = $2,250 / $28,400 = 0.079

FS = $28,400 x 1.12 = $31,808

(1 - d) = 1 - 40% = 0.6

EFN = (0.271 x $3,408) - (0.095 x $3,408) - (0.079 x $31,808 x 0.6)  = $923.57 - $323.76 - $1,507.70 = -$907.89

The transshipment problem: a. Is the special case of LP problem. b. Can be modeled using the transportation algorithm. c. Can be solved to optimality by manual methods. d. Is the most general type of network flow problems.

Answers

Answer:

Option "A" is the correct answer to the following question.

Explanation:

The transshipment issue is the particular case of the issue of LLP.

A special Linear Programming Problem is a transshipment problem because it approaches the premise that products can both be obtained and delivered at the very same time by both recovery and recycling.

Syzygy Company is a perfectly competitive firm. The market price of its output is $5. At its current level of output, the firm's average total cost is $5 per unit, its average variable cost is $4 per unit, and its marginal cost is $5 per unit. Based on this information, what can we say?a) Syzygy Company is earning zero economic profit, which is good enough to stay in business.b) Syzygy Company is not maximizing profit; it can increase profit by increasing output.c) Syzygy Company is not maximizing profit; it can increase profit by decreasing output.d) Syzygy Company is suffering a loss, but it should stay in business in the short run.e) Syzygy Company should go out of business in the short run.

Answers

Answer:

a) Syzygy Company is earning zero economic profit, which is good enough to stay in business.

Explanation:

market price = marginal revenue = $5 per unit

marginal cost per unit = $5

A perfectly competitive firm will maximize its accounting profits  when MR = MC, in this case $5 (MR) = $5 (MC). This also means that the company at this sales and cost level is earning $0 economic profit. In the long run, firms in a a competitive market will always earn $0 economic profit.

Jam J Inc.'s contribution margin ratio is 58% and its fixed monthly expenses are $36,000. Assuming that the fixed monthly expenses do not change, what is the company's net operating income in a month when sales are $103,000?

Answers

Answer:

the net operating income is $23,740

Explanation:

The computation of the company net operating income is shown below:

As we know that

Sales                       $103,000

Less: Variable cost -$43,260  ($103,000 × 0.58)

Contribution margin  $59,740  ($103,000 × 0.58)

Less: Fixed cost -$36,000

Net operating income $23,740

hence, the net operating income is $23,740

Which of the following is an advantage of self-employment?
A. Control over time
B. Long hours
C. Risk of failure
D. Legal issues
Please select the best answer from the choices provided
А.
B
OOOO
с

Answers

A control over time bc you make your own hours since it’s your own business

Answer:

A. Control over time

Explanation:

I just took the test, and that was the correct option :)

The following information pertained to Azur Co. for the year: Purchases 102,800 Purchase discounts 10,280 Freight-in 15,420 Freight-out 5,140 Beginning inventory 30,840 Ending inventory 20,560 What amount should Azur report as cost of goods sold for the year?a. $118,220.b. $102,800.c. $123,360.d. $128,500.

Answers

Answer:

a. $118,220

Explanation:

The computation of the cost of good sold is shown below:

As we know that

Cost of goods sold = Beginning Inventory + Net purchases + Freight in - Ending Inventory

where,

Net purchase is

=  Purchases - Purchase returns and allowances - Purchase discounts

= $102,800 - $10,280

= $95,520

And, the other items values would remain the same

so, the cost of goods sold is

= $30,840 + $92,520 + $15,420 - $20,560

= $118,220

hence, the cosr of good sold is $118,220

Due to the efficiency of its supply chain as a result of technology and resourcefulness, Zara can deliver products to its stores quicker than their competitors with:_______.
A. reverse logistics.
B. less electronic data interchanges.
C. longer lead times.
D. shorter lead times.
E. more stockouts.

Answers

Answer:

D. shorter lead times.

Explanation:

Most of Zara's suppliers are actually working near Zara's headquarters in northern Spain. This  increases production costs, but also increases supply chain efficiency. Daily sales reports are sent by all the stores around the world and headquarters then replenish the products that are selling in higher volumes. Lead times are extremely short, stockouts are very rare, and inventory levels are extremely low. It is basically a fashion industry version of Toyota's JIT.

Beige Corporation, a C corporation, purchases a warehouse on August 1, 2007, for $1 million. Straight-line depreciation is taken in the amount of $411,750 before the property is sold on June 11, of the current year, for $1.2 million. What is the amount and character of the gain recognized by Beige on the sale of the realty?

Answers

Answer and Explanation:

The computation of the amount and character of the gain recorded is shown below:

1. Recognized gain would be

= Sales - the cost of the property - recovery cost

= $1,200,000 - $1,000,000 - $411,750

= $611,750

2. Now as per the section 1245 the potential recapture is $411,750

3. Now extra section 291 ordinary income in the case when it is a corporation

= $411,750 ×20%

= $82,350

4. And finally $82,350 would be considered as an ordinary income under section 291 while the remaining balance i.e.

= $611,750 - $82,350

= $529,400

This amount would be considered as a gain under section 1231

What is the principal ?

Answers

Answer

adjective

1.

first in order of importance; main.

"the country's principal cities"

Similar:

main

chief

primary

leading

foremost

first

most important

predominant

dominant

(most) prominent

key

crucial

vital

essential

basic

staple

critical

pivotal

salient

prime

central

focal

premier

paramount

major

ruling

master

supreme

overriding

cardinal

capital

preeminent

ultimate

uppermost

highest

utmost

top

topmost

arch-

number-one

Opposite:

minor

subordinate

subsidiary

2.

(of money) denoting an original sum invested or lent.

"the principal amount of your investment"

noun

1.

the person with the highest authority or most important position in an organization, institution, or group.

"a design consultancy whose principal is based in San Francisco"

Similar:

boss

chief

chief executive (officer)

CEO

chairman

chairwoman

managing director

MD

president

director

manager

employer

head

leader

ruler

controller

head honcho

gaffer

governor

guv'nor

2.

a sum of money lent or invested, on which interest is paid.

"the winners are paid from the interest without even touching the principal"

Similar:

capital sum

capital

capital funds

working capital

Red and White Company reported the following monthly data:Units produced $2,000 unitsSales price $25 per unitDirect materials $1 per unitDirect labor $2 per unitVariable overhead $3 per unitFixed overhead $8,000 in totalWhat is Red and White's net income under variable costing if 980 units are sold and operating expenses are $12,000?A. $(1,380)B. $(2,000)C. $2,700D. $6,620E. $10,620

Answers

Answer:

A. $(1,380)

Explanation:

The computation of the net income under the variable costing is shown below:

Net Income /(loss) = Sales Revenue - Variable cost - Fixed overhead - Operating expenses

 = (980 × $25) - (980 × $6) - $8,000 - $12,000

= $24,500 - $5,880 - $8,000 - $12,000

= ($1,380)

Hence, the correct option is A. ($1,380)

We simply applied the above formula so that the correct value could come

And, the same is to be considered

A balance sheet that displays assets and liabilities into current versus noncurrent categories is commonly called a:________a) categorized balance sheet. b) current balance sheet. c) classified balance sheet. d) dual display balance sheet.

Answers

Answer:

c) classified balance sheet.

Explanation:

A classified balance sheet can be described as a balance sheet in which the information about assets, liabilities, and shareholders' equity of a company is presented by aggregating or classifying it into subcategories of accounts.

The advantage of a classified balance sheet is that it easier to read and it makes it easier for readers to obtain required information than when the information is just presented in a large number of line items.

The classifications mostly used within a classified balance sheet include  Intangible assets, fixed assets (or Property, Plant, and Equipment), current assets, current liabilities, long-term liabilities, and shareholders' equity.

In accounting, the addition of these classifications is required to match the accounting equation stated as follows:

Total assets = Total liabilities + Shareholders' Equity

Peter, has discovered another wine, wine D. Wine drinkers are willing to pay 45 dollars to drink it right now. The amount that wine drinkers are willing to pay will rise by 15 dollars each year that the wine ages. The interest rate is 10%. How much would Peter be willing to pay for the wine if he buys it as an investment? (Pick the closest answer.)
a. 76 dollars
b. 45 dollars
c. 150 dollars
d. 495 dollars
e. 71 dollars

Answers

Answer:

e. 71 dollars

Explanation:

Peter was willing  to but the wine for $45

In a year, there is an increase of $15 = $45 + $15 = $60

The interest rate of 10% of $60 = $6

Total = $66 ~ $70

Therefore, the amount he is willing to pay for the win if he buys it as investment would be 71 dollars.

For which capital component must you make a tax adjustment when calculating a firmâs weighted average cost of capital (WACC)?

a. Debt
b. Preferred stock
c. Equity

Answers

Answer:

a. Debt

Explanation:

For determining the weighted average cost of capital we used the after tax cost of debt as the interest expense is the tax deductible that represents that if there is any issue of debt so it would be decreased as of tax impact

Therefore as per the given situation, the debt is selected

hence, the option a is correct

And, all the other options are wrong

Randy Rudecki purchased a call option on British pounds for $0.07 per unit. The strike price was $1.45 and the spot rate at the time the option was exercised was $1.46. Assume there are 30,600 units in a British pound option. What was Randy's net profit on this option?

Answers

Answer:

$30,599.94

Explanation:

Profit per unit on exercising the option = $1.45 - $1.45 = $0.01

Premium paid per unit = $0.07

Net Profit per unit = Profit per unit on exercising the option - Premium paid per unit

Net Profit per unit = $0.01 - $0.07

Net Profit per unit = -$0.06

Net profit per option = 30,600 units * -$0.06

Net profit per option = $30,599.94

should I cover for my coworker who sneaks out

Answers

no then you would get in trouble, but then again it would be nice for you to do it fir him. tell the boss that he needed to go do something if he gets cureas.(can't spell)

Diversification is good for shareholders. So why shouldn't managers acquire firms in different industries to diversify a company?

Answers

Answer:

The definition would be defined in the clarification portion below, according to the particular context.

Explanation:

Even before managers accomplish diversification besides trying to create a conglomerate whilst also buying other corporations, it is almost always accomplished at a premium surrounded by white market rates because once shareholders could effectively achieve consolidation according to their own besides investing money throughout multiple organizations. Although it may be more difficult to accurately determine productivity in a conglomerate, authority costs will be lower as well as assets might well be apportioned around through segments incompetently.

Tech Solutions is a consulting firm that uses a job-order costing system. Its direct materials consist of hardware and software that it purchases and installs on behalf of its clients. The firm's direct labor includes salaries of consultants that work at the client's job site, and its overhead consists of costs such as depreciation, utilities, and insurance related to the office headquarters as well as the office supplies that are consumed serving clients.


Tech Solutions computes its predetermined overhead rate annually on the basis of direct labor-hours. At the beginning of the year, it estimated that 90,000 direct labor-hours would be required for the period’s estimated level of client service. The company also estimated $1,080,000 of fixed overhead cost for the coming period and variable overhead of $0.50 per direct labor-hour. The firm’s actual overhead cost for the year was $1,098,900 and its actual total direct labor was 93,350 hours.


Required:

Answers

Answer:

1. Predetermined overhead rate = $12.50

2. Job Cost = $62,500

Explanation:

Note: The Requirement is attached as picture below

1. Predetermined fixed overhead rate = Estimated fixed manufacturing overhead / Estimated total amount of the allocation base

Predetermined fixed overhead rate = $1,080,000 / 90,000

Predetermined fixed overhead rate = $12 per Direct labor hour

The Predetermined variable overhead rate per Direct labor hour is $0.50

Predetermined overhead rate = Fixed overhead rate + Variable overhead rate

Predetermined overhead rate = $12 + $0.50

Predetermined overhead rate = $12.50

2. The total job cost is given below:

Job Cost = Direct material + Direct labor + Overheads

Job Cost = $38,000 + $21,000 + (280*$12.50)

Job Cost = $38,000 + $21,000 + $3,500

Job Cost = $62,500

Leach Inc. experienced the following events for the first two years of its operations:

Year 1: Issued $10,000 of common stock for cash.
Provided $100,000 of services on account.
Provided $35,000 of services and received cash.
Collected $65,000 cash from accounts receivable.
Paid $14,000 of salaries expense for the year.
Adjusted the accounting records to reflect uncollectible accounts expense for the year. Leach estimates that 8 percent of the ending accounts receivable balance will be uncollectible.

Year 2: Wrote off an uncollectible account for $680.
Provided $120,000 of services on account.
Provided $25,000 of services and collected cash.
Collected $102,000 cash from accounts receivable.
Paid $30,000 of salaries expense for the year.
Adjusted the accounts to reflect uncollectible accounts expense for the year. Leach estimates that 8 percent of the ending accounts receivable balance will be uncollectible.

Required

a. Record the 2016 and 2017 events in general journal form and post them to T-accounts. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)
b. Prepare the income statement, statement of changes in stockholders’ equity, balance sheet, and statement of cash flows for 2016 and 2017. (Statement of Cash Flows and Balance Sheet only: Items to be deducted must be indicated with a minus sign.)
c. What is the net realizable value of the accounts receivable at December 31, 2016 and Dec. 31. 2017?

Answers

Answer:

that is too hard check gogle

You have $135,000 on deposit with no outstanding checks or uncleared deposits. One day you write a check for $49,000.

Required:
a. Does this create a disbursement float or a collection float?
b. What is your available balance?
c. What is your book balance?

Answers

Answer:

a. Does this create a disbursement float or a collection float?

A disbursement float occurs when you write a check and hand it out, but the person that receives the check hasn't cashed it yet. You do not owe the money anymore, but it still appears on your bank account.

b. What is your available balance?

your bank account balance = $135,000

c. What is your book balance?

book balance = $135,000 - $49,000 = $86,000

Other Questions
can someone write me a summary of the book Isnt everyone a little bit weird ?? please At 100x, you will see a cell that is larger and has a dark shape in it. This cell doesn't look like the others because it is a white blood cell and it functions to protect your body against microbes. Red blood cells do not have a nucleus. White blood cell count is used as a diagnostic tool to determine if someone is sick. If you were fighting an infection, would you expect to have more or less WBC's? Why? Solve the inequality: 13 n + 2n > 9 30+3000?????????????????? The crucible act 3. What object does Proctor bring to the court with him? What does it prove? What is the domain and range of y=2x+5 Which of the following does NOT identify a rhetorical device used in the [RI.8] [RI.5]speech? Just like humans, individual animals of the same __________ have unique physical characteristics that can be used to identify them. *classfamilyorderspecies What are some examples of figurative language? Select the the correct choices A The moon is a silver button B. I hear the singing crowds. c. The atmoon sun is not D. Iwas seven years old E. His eyes are like chips of sapphire. Help me solve this problem please 40 POINTS!!! HELP ME PLZZ I NEED HELP WITH THIS Which equation is not true? please help me with this question:) An object has a mass of 60 ounces and a volume of 30 cups. What is the density? _______ oz/cup (your answer should *only* be a number, round to one decimal place if needed) * Read the excerpt from Thoughts and Sentiments.It is therefore manifest, that something else ought yet to be done; and what is required, is evidently the incumbent duty of all men of enlightened understanding, and of every man that has any claim or affinity to the name of Christian, that the base treatment which the African Slaves undergo, ought to be abolished; and it is moreover evident, that the whole, or any part of that iniquitous traffic of slavery, can no where, or in any degree, be admitted, but among those who must eventually resign their own claim to any degree of sensibility and humanity, for that of barbarians.Read the excerpt from Letters of the Late Ignatius Sancho, An African.I am sure you will applaud me for beseeching you to give one half hour's attention to slavery, as it is at this day practised in our West Indies.That subject, handled in your striking manner, would ease the yoke (perhaps) of manybut if only of oneGracious God!what a feast to a benevolent heart!and, sure I am, you are an epicurean in acts of charity.You, who are universally read, and as universally admiredyou could not failIn these excerpts, how is Cugoanos purpose similar to Sanchos purpose?A. Like Sancho, Cugoano is asking for someones help in passing on his message.B. Like Sancho, Cugoano is hoping that some of the Africans held in captivity will be released.C. Like Sancho, Cugoano is speaking out against the horrible practice of slavery.D. Like Sancho, Cugoano is trying to become a widely read writer and respected philosopher. A nomad was a person who...a. travelled from place to placeb. farmed and raised animalsc. sold cooking supplies and clothingd. settled in an oasis Sierra plays a hockey video game. She earns 5 stars forevery goal she scores and loses star every time shemisses the goal. She scores 4 goals and misses At a football game, 69 out of 92 students were wearing the color red to support the home team. What percent of the students were wearing red? A. 69% B. 88% C. 65% D. 75% Which statement best describes the Sun?A. The Sun reflects the light from the Moon.B. The Sun is the central planet of the Solar System.C. The Sun is the closest star to Earth.D. The Sun revolves around the Earth. Please help !!! I don't understand