In the month of November, Ivanhoe Company Inc. wrote checks in the amount of $10,355. In December, checks in the amount of $11,105 were written. In November, $8,250 of these checks were presented to the bank for payment, and $10,730 in December. There were no outstanding checks at the beginning of November. What is the amount of outstanding checks at the end of November

Beachballs, inc., expects abnormally high earnings for the next three years due to the forecast of unusually hot summers. after the 3-year period, their growth will level off to its normal rate of 6%. dividends and earnings are expected to grow at 20% for years 1 and 2 and 15% in year 3. the last dividend paid was $1.00. if an investor requires a 10% return on beachballs, the price she is willing to pay for the stock is closest to: