A startup jewelry company wants to research designs from its potential new jewelry line. It has little money to devote to the research. Which combination of research methods would best suit its situation

Answers

Answer 1

Answer:

Mail and online research.

Explanation:

Since in the given situation, it can be seen that the company does not have much amount to be incurred on the research so the best option is to do online research and mail as the person research and the telephone research becomes expensive as compared to the mail and online research

Therefore the above should be the answer


Related Questions

NBS Co. is considering a project that has the following cash flow and cost of capital (r) data. What is the project's MIRR

Answers

Answer:

13.50%

Explanation:

Please find attached an image showing r and the cash flows

MIRR = (Future value of a firm's cash inflow / present value of the firm's cash outflow)^ (1/n)  - 1

n = number of years

present value of the firm's cash outflow = $800

Future value of a firm's cash inflow

Future value of year 1's cash flow = 350 x (1.11^2) =  $431.24

Future value of year 2's cash flow =  350 x (1.11^1) = $388.50

Future value of year 3's cash flow = $350

Add the future values together = 1169.74

MIRR = [(1169.74 / 800)^(1/3)] - 1 = 0.1350 = 13.50%

Bloom Corporation purchased $1,450,000 of Taylor Company 5% bonds, at their face amount, with the intent and ability to hold the bonds until they matured in 2025, so Bloom classifies its investment as AFS. Unfortunately, a combination of problems at Taylor Company and in the debt securities market caused the fair value of the Taylor investment to decline to $960,000 during 2021.

Required:
For each of the following scenarios, prepare appropriate entry(s) at December 31, 2018, and indicate how the scenario will affect the 2018 income statement (ignoring income taxes).

a. Bloom now believes it is more likely than not that it will have to sell the Taylor bonds before the bonds have a chance to recover their fair value. Of the $490,000 decline in fair value, Bloom attributes $295,000 to credit losses, and $195,000 to noncredit losses.
b. Bloom does not plan to sell the Taylor bonds prior to maturity, and does not believe it is more likely than not that it will have to sell the Taylor bonds before the bonds have a chance to recover their fair value. Of the $490,000 decline in fair value, Bloom attributes $295,000 to credit losses, and $195,000 to noncredit losses.

Answers

Answer:

a. Dr OTT impairment loss $490,000

Cr Discount on bond investment $490,000

Income statement -$490,000

B.Dr OTT impairment loss $295,000

Cr Discount on bond investment $295,000

Dr OTT impairment loss - other comprehensive income $195,000

Cr Fair value adjustment - non credit losses $195,000

Income statement-$295,000

Explanation:

a. Prepare of the appropriate entry(s) at December 31, 2018 and indication for how the scenario will affect the 2018 income statement

31.12.21

Dr OTT impairment loss $490,000

Cr Discount on bond investment $490,000

(To record impairment loss of investment)

Effect on net income : Earnings are reduced by $490,000

INCOME STATEMENT

Other than temporary impairment loss - $490,000

b. Prepare of the appropriate entry(s) at December 31, 2018 and indication for how the scenario will affect the 2018 income statement

31.12.2021

Dr OTT impairment loss $295,000

Cr Discount on bond investment $295,000

(To record credit losses of impairment of investment)

31.12.2021

Dr OTT impairment loss - other comprehensive income $195,000

Cr Fair value adjustment - non credit losses $195,000

(To record non - credit losses of impairment loss of investment)

Effort net income : Earnings are reduced by

INCOME STATEMENT

Other than temporary impairment loss -$490,000

Less : Portion recognized in other comprehensive income $195,000

Other than temporary recognized in earnings -$295,000

The independent operational test and evaluation agency is responsible for the establishment of Critical Technical Parameters (CTPs).
A. True
B. False

Answers

Answer:

B. False

Explanation:

The given statement is false as the management office regarding the program  created the system to be responsible for the Criticial technical parameter establishment not the independent operational test and the evaluation agency.

So the option b is correct

Hence, the option a is wrong

Beginning three months from now, you want to be able to withdraw $2,700 each quarter from your bank account to cover college expenses over the next four years. If the account pays .67 percent interest per quarter, how m

Answers

Answer:

PV= $40,835.6

Explanation:

Giving the following information:

Quarterly withdrawal (A)= $2,700

Number of periods= 4*4= 16 quarters

Interest rate= 0.67% per quarter

To calculate the initial investment, we need to use the following formula:

PV= A*{(1/i) - 1/[i*(1 + i)^n]}

PV= 2,700*{(1/0.0067) - 1 / [0.0067*(1.0067)^16]

PV= $40,835.6

To determine the net cash provided (used) by operating activities, it is necessary to analyze Group of answer choices the current year's income statement. a comparative balance sheet. additional information. all of these.

Answers

Answer:

All of these.

Explanation:

All of these are the correct answer because to determine the net cash from the operating activities, there is a requirement of the current year's income statement, additional information such as depreciation and amortization and a comparative balance sheet. In order to get cash from operating activities, the changes and non-cash capital, other non-cash adjustments, depreciation is added to the net income.

Axis Pvt. Ltd., an international financial services firm, assigns projects to employees in different nations. Since these multinational projects and careers provide employees with global exposure, they are more than willing to cooperate. With regard to organizing a multinational company, which of the following internal factors has been covered in this example?
A. Structure.
B. People.
C. Culture.
D. Management.

Answers

Answer: B. People

Explanation:

The people who work in a company are a very important internal factor because their work makes or breaks a company. When the company does something that can be expected to improve the efficiency of its workers, it is said to be investing in its people.

In the above, Axis is sending workers around the world which is giving these workers much needed exposure. In this day and age where globalization is everything, skills gained from being exposed to different nations are very important and can make workers more efficient.

RSTN Co. produces its product through two sequential processing departments. Direct materials and conversion are added to the product evenly throughout the process. The company uses monthly reporting periods for its process costing system. During October, the company finished and transferred 150,000 units of its product to Department 2. Of these units, 30,000 were in process at the beginning of the month and 120,000 were started and completed during the month. The beginning work in process inventory was 30% complete. At the end of the month, the work in process inventory consisted of 20,000 units that were 80% complete.

Required:
Compute the number of equivalent units of production for October. Use the FIFO method.

Answers

Answer:

RSTN Co.

The number of equivalent units of production for October are:

                                                        Materials              Conversion

Equivalent units of production       140,000                   157,000

Explanation:

a) Data and Calculations

                                                 Units         Materials              Conversion

Beginning work in process      30,000        100%                         30%

Units started and completed 120,000        100%                        100%

Ending work in process          20,000         100%                         80%

Equivalent units using FIFO method:

                                                 Units         Materials              Conversion

Beginning work in process      30,000        0 (0%)                 21,000 (70%)

Units started and completed 120,000 120,000 (100%)       120,000 (100%)

Ending work in process          20,000   20,000 (100%)         16,000 (80%)

Equivalent units of production             140,000                   157,000

A company purchased office supplies costing $5,000 and debited Supplies for the full amount. At the end of the accounting period, a physical count of office supplies revealed $900 still on hand. The appropriate adjusting journal entry to be made at the end of the period would be: debit Supplies Expense, $4,100; credit Supplies, $4,100. debit Supplies, $4,100; credit Supplies Expense, $4,100. debit Supplies Expense, $5,900; credit Supplies, $5,900. debit Supplies, $900; credit Supplies Expense, $900.

Answers

Answer:

Debit Supplies Expense, $4,100; Credit Supplies, $4,100

Explanation:

Based on the information given The appropriate adjusting journal entry to be made at the end of the period would be:Debit Supplies Expense, $4,100; Credit Supplies, $4,100

Debit Supplies Expense $4,100

Credit Supplies $4,100

($5,000-$900)

Outsourcing of jobs from large corporations to domestic subcontractors has been one reason job have been become more insecure in the U.S. recently.
a. true
b. false

Answers

Answer:

a. true

Explanation:

In Business management, outsourcing can be defined as a process which involves an agreement between two companies that allows for the provision of services or job functions by another.

When a company is outsourced, it engages the service of another company (third-party) to perform some of its duties rather than the use of an in-house department or employees to handle them. The outsourcing firm is saddled with the responsibility of physically distributing the goods or services of the outsourced company.

Hence, outsourcing simply means the use of supply chain partners of a large corporation to provide products or services for the end users or consumers.

In the United States of America, outsourcing of jobs and services from large corporations to domestic subcontractors (outsourcing companies) is one of the main reason job have become more insecure recently.

S Corporation makes 41,000 motors to be used in the production of its sewing machines. The average cost per motor at this level of activity is: Direct materials $ 10.00 Direct labor $ 9.00 Variable manufacturing overhead $ 3.70 Fixed manufacturing overhead $ 4.65 An outside supplier recently began producing a comparable motor that could be used in the sewing machine. The price offered to S Corporation for this motor is $25.45. If S Corporation decides not to make the motors, there would be no other use for the production facilities and none of the fixed manufacturing overhead cost could be avoided. Direct labor is a variable cost in this company. The annual financial advantage (disadvantage) for the company as a result of making the motors rather than buying them from the outside supplier would be:

Answers

Answer:

$112,750

Explanation:

Particulars                                Cost of making               Cost of buying

Direct material                       41,000*10=410,000                  0

Direct labor                            41,000*9=369,000                   0

Variable manuf. overhead    41,000*3.70=151,700                0

Fixed manuf. overhead         41,000*4.65=190,650    41,000*4.65=190,650

Outside supplier's price                      0                        41,000*25.45=1,043,450

Total cost                                      $1,121,350                      $1,234,100

Financial advantage of making the motors = $1,234,100 - $1,121,350

Financial advantage of making the motors = $112,750

All standard costing methods use the predetermined overhead rate to apply factory overhead. This is based on an estimated amount that is calculated during the budgeting process at the beginning of the year. Therefore, there will almost always be a variance between the factory overhead that is applied and the actual factory overhead that is accumulated. These variances should be a minimal amount, but may sometimes be material. Therefore, it is important that an accountant find the cause of the variance, so as not to repeat it. Determining the reasons for variances is an important part of the overall process of variance analysis. Certain causes are commonly attributed to specific variances. Match each reason on the left with the variance(s) it commonly creates. Each numbered item has one or more correct answer(s). Each lettered item may be used once, more than once, or not at all.
1. A change in the quality of materials purchased
2. A new supplier contract
3. Error in the accounting records
4. Change in proportion of spoiled materials
5. Unreasonable standard
6. Unanticipated overtime hours
7. A change in the government-mandated minimum wage
8. Equipment malfunction
9. A change in average worker experience or training
A. Direct materials price variance
B. Direct materials quantity variance
C. Direct labor rate variance
D. Direct labor efficiency

Answers

Answer:

1. A change in the quality of materials purchased

Variance: Direct materials quantity variance

2. A new supplier contract

Variance: Direct materials price variance

3. Error in the accounting records

Variance: Direct materials price variance

4. Change in proportion of spoiled materials

Variance: Direct materials quantity variance

5. Unreasonable standard

Variance: Direct labor efficiency

6. Unanticipated overtime hours

Variance: Direct labor rate variance

7. A change in the government-mandated minimum wage

Variance: Direct labor rate variance

8. Equipment malfunction

Variance: Direct labor efficiency

9. A change in average worker experience or training

Variance: Direct labor efficiency

An excellent website design delights its audience and is the product of innovation built on a foundation of

Answers

Answer:

careful site planning

Explanation:

The careful site planning permits you to create the website that contains the delightful design due to which it helps in attracting the audience also it is the foundation for building the production for an innovation purpose. In this we ca n plan about the site theme, its layout, color, design etc

Dividing Partnership Net Income
John Prado and Ayana Nicks formed a partnership, dividing income as follows: Annual salary allowance to Prado, $10,000 and Nicks, $28,000. Interest of 5% on each partner's capital balance on January 1. Any remaining net income divided equally. Prado and Nicks had $20,000 and $50,000, respectively, in their January 1 capital balances. Net income for the year was $30,000. How much net income should be distributed to Prado and Nicks?
Prado: $______
Nicks: $_______

Answers

Answer:

Prado: $10,000

Nicks: $20,000

Explanation:

when you look at it Prado always gets less then Nicks so you just give Nicks more

Suppose Cute Camel Woodcraft Company is evaluating a proposed capital budgeting project (project Alpha) that will require an initial investment of $400,000. The project is expected to generate the following net cash flows:

Year Cash Flow
Year 1 $325,000
Year 2 $500,000
Year 3 $400,000
Year 4 $475,000

Cute Camel Woodcraft Company's weighted average cost of capital is 8%, and project Alpha has the same risk as the firm's average project. Based on the cash flows, what is project Alpha's net present value (NPV)?

Answers

Answer:

$996,267.41

Explanation:

The Net Present Value of Alpha`s project can be determined by using the CFj Function of a Financial Calculator as follows :

- $400,000  CF0

$325,000     CF1

$500,000    CF2

$400,000    CF3

$475,000    CF4

I/YR = 8%

Then, SHIFT NPV gives $996,267.41

Thus, Alpha's net present value (NPV) is $996,267.41.

MC Qu. 111 A company has an overhead application... A company has an overhead application rate of 124% of direct labor costs. How much overhead would be allocated to a job if it required total labor costing $23,000

Answers

Answer:

$28,520

Explanation:

Calculation to determine How much overhead would be allocated to a job if it required total labor costing $23,000

Using this formula

Overhead=Total Labor Cost x Overhead Application Rate

Let plug in the formula

Overhead=$23,000 x 1.24

Overhead= $28,520

Therefore How much overhead would be allocated to a job if it required total labor costing $23,000 will be $28,520

Identify each of the following reconciling items as:

a. an addition to the cash balance according to the bank statement
b. a deduction from the cash balance according to the bank statement
c. an addition to the cash balance according to the company's records
d. a deduction from the cash balance according to the company's records

Item Treatment
1. Bank service charges, $30.
2. Check of a customer returned by bank to company because of insufficient funds, $400.
3. Check for $320 incorrectly recorded by the company as $230.
4. Check for $1,100 incorrectly charged by bank as $110.
5. Deposit in transit, $3,300.
6. Outstanding checks, $7,950.
7. Note collected by bank, $10,500.

Answers

Answer:

Reconciling Items

Item   Treatment

1.    b. a deduction from the cash balance according to the bank statement

2.   b. a deduction from the cash balance according to the bank statement

3.   d. a deduction from the cash balance according to the company's records

4.   a. an addition to the cash balance according to the bank statement

5.   a. an addition to the cash balance according to the bank statement

6.  a. an addition to the cash balance according to the bank statement

7.  a. an addition to the cash balance according to the bank statement

Explanation:

a) Data and Analysis:

1. Bank service charges, $30 Cash $30

2. Accounts Receivable (NSF) $400 Cash $400

3. Accounts Payable $90 Cash $90

4. Cash $990 Bank $990.

5. Bank $3,300 Cash $3,300

6. Cash $7,950 Bank $7,950

7. Cash $10,500 Accounts Receivable $10,500

Cape Corp. will pay a dividend of $3.00 next year. The company has stated that it will maintain a constant growth rate of 4.5 percent a year forever.
a. If you want a return of 15 percent, how much will you pay for the stock?
b. If you want a return of 8 percent, how much will you pay for the stock?

Answers

Answer:

a.

$27.27

b.

$75

Explanation:

Use the following formula to calculate the value of the stock

Value of Stock = Expected Dividend / ( Rate of return - Growth rate )

a.

Where

Expected Dividend = $3.00

Rate of return = 15%

Growth rate = 4.5%

Placing values in the formula

Value of Stock = $3.00 / ( 15% - 4% )

Value of Stock = $3 / 11%

Value of Stock = $27.27

b.

Where

Expected Dividend = $3.00

Rate of return = 8%

Growth rate = 4.5%

Placing values in the formula

Value of Stock = $3.00 / ( 8% - 4% )

Value of Stock = $3 / 4%

Value of Stock = $75

During the current calendar year, Bowman Corporation purchased $660,000 of inventory. The beginning inventory balance was $84,000, and the inventory balance at year-end was $120,000. The inventory turnover for the current year was:

Answers

Answer:

6.12 times

Explanation:

Cost of Goods Sold = $84,000 + $660,000 - $120,000

Cost of Goods Sold = $624,000

Average inventory = ($84,000 + $120,000) / 2

Average inventory = $102,000

Inventory Turnover = Cost of Goods Sold / Average inventory

Inventory Turnover = $624,000 / $102,000

Inventory Turnover = 6.117647059

Inventory Turnover = 6.12 times

The resource-based view of competitive advantage states that for something to yield competitive advantage it must be ______.

Answers

Answer:

"Rare, hard to duplicate, as well as non-substitutable" is the correct response.

Explanation:

Assesses as well as interprets companies' financial capabilities as well as stresses capacities and knowledge throughout the formulation of strategy to provides provision tangible benefits, is considered as RBV.Inputs that always encourage employees to exercise their business might be viewed as significant commodities.

g The declaration, record, and payment dates in connection with a cash dividend of $59,400 on a corporation's common stock are July 9, August 31, and October 1. Journalize the entries required on each date.

Answers

Answer:

Dr Retained earnings $59,400

Cr Dividend payable $59,400

August 31 No entry

October 1

Dr Dividend payable $59,400

Cr Cash $59,400

Explanation:

Preparation of the journal entries required on each date.

July 9

Dr Retained earnings $59,400

Cr Dividend payable $59,400

August 31 No entry

October 1

Dr Dividend payable $59,400

Cr Cash $59,400

On August 1, Lola Company’s assets are $30,000 and its liabilities are $10,000. On August 4, Lola issues a sustainability report. On August 5, ownership invests $3,000 cash and $7,000 of equipment in Lola. After the investment, what is the amount of equity for Lola?

Answers

Answer: $30,000

Explanation:

Before the investment, Equity was:

= Assets - Liabilities

= 30,000 - 10,000

= $20,000

The owner then invested $3,000 and $7,000 therefore making a total of $10,000.

Equity becomes

= 20,000 + 10,000

= $30,000

The equity is $30,000

Lola's company assets are $30,000

The liabilities are $10,000

Equity= $30,000-$10,000

= $20,000

On August 5, ownership invests $3,000 in cash and $7,000 in equipment

= $3,000+$7,000

= $10,000

The amount of equity for Lola is

= $20,000+$10,000

= $30,000

Please see the link below for more information

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On January 1, a machine with a useful life of 5 years and a salvage value of $15000 was purchased for $115000. What is the depreciation expense for year 2 under straight-line depreciation

Answers

Answer:

Annual depreciation (year 2)= $20,000

Explanation:

Giving the following information:

Purchase price= $115,000

Salvage value= $15,000

Useful life= 5 years

To calculate the annual depreciation under the straight-line method, we need to use the following formula:

Annual depreciation= (original cost - salvage value)/estimated life (years)

Annual depreciation= (115,000 - 15,000) / 5

Annual depreciation= $20,000

Promotional expenses at the maturity stage of the product life cycle are often designed to Multiple Choice maintain market share. create a sense of nostalgia. attract more price-conscious consumers. thwart the growing number of competitors that have entered the market. convince those who have abandoned the brand to try it again.

Answers

Answer:

maintain market share.

Explanation:

A product can be defined as any physical object or material that typically satisfy and meets the demands, needs or wants of customers. Some examples of a product are mobile phones, television, microphone, microwave oven, bread, pencil, freezer, beverages, soft drinks etc.

A product life cycle can be defined as the stages or phases that a particular product passes through, from the period it was introduced into the market to the period when it is eventually removed from the market.

Generally, there are four (4) stages in the product-life cycle;

1. Introduction.

2. Growth.

3. Maturity.

4. Decline.

Maturity is the stage in which product experiences a peak in sales growth and then eventually slows as the product reaches more customers, and lastly price competition is fierce.

Promotional expenses that are incurred at the maturity stage of the product life cycle are often designed by marketers to maintain market share. This is usually achieved through further product differentiation and finding new buyers (consumers).

Exercise 4-7 Recording sales, purchases, shipping, and returns—buyer and seller LO P1, P2 Sydney Retailing (buyer) and Troy Wholesalers (seller) enter into the following transactions. May 11 Sydney accepts delivery of $30,000 of merchandise it purchases for resale from Troy: invoice dated May 11, terms 3/10, n/90, FOB shipping point. The goods cost Troy $20,100. Sydney pays $400 cash to Express Shipping for delivery charges on the merchandise. 12 Sydney returns $1,300 of the $30,000 of goods to Troy, who receives them the same day and restores them to its inventory. The returned goods had cost Troy $871. 20 Sydney pays Troy for the amount owed. Troy receives the cash immediately. (Both Sydney and Troy use a perpetual inventory system and the gross method.) 1. Prepare journal entries that Sydney Retailing (buyer) records for these three transactions. 2. Prepare journal entries that Troy Wholesalers (seller) records for these three transactions.

Answers

Answer:

Sydney Retailing (buyer) and Troy Wholesalers (seller)

Journal Entries:

For the Buyer (Sydney):

May 11 Debit Inventory $30,000

Credit Accounts Payable $30,000

To record the purchase of goods on account with invoice dated May 11, terms 3/10, n/90, FOB shipping point.

Debit Freight-in $400

Credit Cash $400

To record the freight-in expense.

May 12 Debit Accounts Payable $1,300

Credit Inventory $1,300

To record the return of goods to Troy.

May 20 Debit Accounts Payable $28,700

Credit Cash $27,839

Credit Cash Discounts $861

To record the payment on account, including discounts.

For the seller (Troy Wholesalers):

May 11 Debit Accounts Receivable $30,000

Credit Sales Revenue $30,000

To record the sale of goods on credit with invoice dated May 11, terms 3/10, n/90, FOB shipping point.

Debit Cost of goods sold $20,100

Credit Inventory $20,100

To record the cost of goods sold.

May 12 Debit Sales Returns $1,300

Credit Accounts Receivable $1,300

To record the sales returns on account.

Debit Inventory $871

Credit Cost of goods sold $871

To record the cost of goods returned.

May 20 Debit Cash $27,839

Debit Cash Discounts $861

Credit Accounts Receivable $28,700

To record the receipt of cash on account, including discounts.

Explanation:

a) Data and Analysis:

For the Buyer (Sydney):

May 11 Inventory $30,000 Accounts Payable $30,000

with invoice dated May 11, terms 3/10, n/90, FOB shipping point.

Freight-in $400 Cash $400

May 12 Accounts Payable $1,300 Inventory $1,300

May 20 Accounts Payable $28,700 Cash $27,839 Cash Discounts $861

For the seller (Troy Wholesalers):

May 11 Accounts Receivable $30,000 Sales Revenue $30,000

with invoice dated May 11, terms 3/10, n/90, FOB shipping point.

Cost of goods sold $20,100 Inventory $20,100

May 12 Sales Returns $1,300 Accounts Receivable $1,300

Inventory $871 Cost of goods sold $871

May 20 Cash $27,839 Cash Discounts $861 Accounts Receivable $28,700

RST Company produces a product that has a variable cost of $6 per unit. The company's fixed costs are $30,000. The product sells for $10 per unit. RST desires to earn a profit of $20,000. The sales level in units to achieve the desire profit is A company that sells multiple types of products has a selling price per composite unit of $150, variable cost per composite unit of $50 and total fixed costs of $25,000. The contribution margin per composite unit is:__________

Answers

Answer:

The correct answer is "12,500 units" and "$100 per unit".

Explanation:

Given:

Selling price,

= $10 per unit

Variable cost per unit,

= $6 per unit

Fixed cost,

= 30,000

Desired profit,

= 20,000

Now,

The contribution margin per unit will be:

= [tex]Selling \ price - Variable \ cost[/tex]

= [tex]10-6[/tex]

= [tex]4[/tex] ($) per unit

The required units will be:

= [tex]\frac{(Fixed \ cost+Desired \ profit)}{Contribution \ margin}[/tex]

= [tex]\frac{30000+20000}{4}[/tex]

= [tex]\frac{50000}{4}[/tex]

= [tex]12,500 \ units[/tex]

Now,

The contribution margin per composite unit will be:

= [tex]Selling \ price-Variable \ cost[/tex]

= [tex]150-50[/tex]

= [tex]100[/tex] ($) per unit

Lighting design personnel must: A. Understand environmental, cost, and associated benefits of energy-efficient lighting B. Recognize when specialized knowledge is necessary C. Estimate energy cost savings D. All of the above

Answers

Answer: All of the above

Explanation:

The Lighting Design Personnel is in charge of the designing, the installation, and the operation of lighting and every other special electrical effects.

Such person must understand environmental, cost, and associated benefits of energy-efficient lighting. Also, he or she must be bake to recognize when specialized knowledge is necessary and also estimate energy cost savings

Therefore, the correct option is all of the above.

How do you feel when you buy a product that is overpriced?​

Answers

I feel kind of worried because you are paying to much and maybe if you need to pay rent for your house you won’t have enough money so I get worried to have that.

Hope this helps :)

Green Thumb Nursery has 32,000 shares outstanding at a market price of $62.15 per share. The earnings per share are $3.15. The firm has total assets of $315,000 and total liabilities of $186,000. Today, the firm announced a share repurchase for $75,000 of its stock. What is the earnings per share after the repurchase?

Answers

Answer:

$3.27

Explanation:

Earnings = Earnings per share * Number of stock outstanding

Earnings = $3.15 * 32,000 shares

Earnings = $100,800

Number of shares repurchased = $75,000 / $62.15

Number of shares repurchased = 1206.75784393

Number of shares repurchased = 1,207

Number of stock outstanding = 32,000 - 1,207

Number of stock outstanding = 30,793

Earnings per share after the stock repurchase = Earnings / Number of stock outstanding

Earnings per share after the stock repurchase = $100,800 / 30,793

Earnings per share after the stock repurchase = $3.2734712435

Earnings per share after the stock repurchase = $3.27

Open market operations refer to the buying and selling of ________ by the ________ to control the money supply. stocks and bonds; Federal Reserve Treasury securities; Treasury Department Treasury securities; Federal Reserve stocks and bonds; Treasury Department

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Answer:

Open market operations refer to the buying and selling of Treasury securities by the Federal Reserve to control the money supply.  

Deluxe Company expects to pay a dividend of $2 per share at the end of year-1, $3 per share at the end of year-2 and then be sold for $32 per share. If the required rate on the stock is 15%, what is the current value of the stock

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Answer:

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