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Question 1: ABC's bank ledger bal. is $2,400 at 31/5. Outstanding chq's are $300 and deposits in transit are $800. The bank statement bal. on 31/5 is $1,870. The bank statement also shows a $30 bank fee. What is the adjusted bank balance?
Option A) $1,840
Option B) $1,370
Option C) $2,370
Option D) $2,340
Estimate the new product's future sales, profits, and cash flows throughout its five-year life cycle
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Ace Products has a bond issue outstanding with 15 years remaining to maturity, a coupon rate of 8.4% with semi annual payments of $42, and a par value of $1,000. The price of each bond in the issue is $1,240.00. The bond issue is callable in 5 years ..
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