Business

If the total soda market is $50 Billion and Dr. Pepper has a $10 Billion market, what is Dr. Pepper's market share?
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The following is selected information from Windsor, Inc. for the fiscal year ending October 31, 2022. Cash received from customers $129000 Revenue recognized 193500 Cash paid for expenses 73100 Cash paid for computers on November 1, 2021 that will be used for 3 years 20640 Expenses incurred including any depreciation 102340 Proceeds from a bank loan, part of which was used to pay for the computers 43000 Based on the accrual basis of accounting, what is Windsor's net income for the year ending October 31, 2022
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Gabrielle just won $2.5 million in the state lotte, she is given the options of receiving a total of $1.3 million now, or she can elect to be paid 100,000 at the end of each of the next 25year. if Gabrielle can earn 5% annually on her investment, from a strict economic point of view which option should she takes
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c. In 2018, preferred shareholders elected to convert 4.58 million shares of preferred stock ($39 million book value) into common stock. Rather than issue new shares, the company granted 4.58 million shares held in treasury stock to the preferred shareholders, with a total cost of $33 million. Prepare a journal entry to illustrate how this transaction would have been recorded. (Hint: use the cost per share for 2018 determined in b.) Enter answers in millions. Round to the nearest million.
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At 8.5 percent interest, how long does it take to double your money? (do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) length of time 17 years at 8.5 percent interest, how long does it take to quadruple your money?
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A + A =2,A + B =3,A + B 2 =??..only for geniuses
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Assume Dell's yearly inventory cost is 30 percent to account for the cost of capital for financing the inventory, the warehouse space, and the cost of obsolescence. In other words, Dell incurs a cost of $30 for a $100 component that is in the company's inventory for one entire year. In 2001, Dell's 10-k reports showed that the company had $280 million in inventory and COGS of $23,100 million. To compute the percentage of cost of the inventory, determine the following: a. Find the value of the inventory. b. Find the cost of goods sold. c. Compute inventory turns. (Round the answer to the nearest whole number.) d. What percentage of cost of a Dell computer reflects inventory costs? (Round the answer to 3 decimal places.)
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a. The August 31 balance shown on the bank statement is $9,799. b. There is a deposit in transit of $1,247 at August 31. c. Outstanding checks at August 31 totaled $1,870. d. Interest credited to the account during August but not recorded on the company's books amounted to $115. e. A bank charge of $37 for checks was made to the account during August. Although the company was expecting a charge, the amount was not known until the bank statement arrived. f. In the process of reviewing the canceled checks, it was determined that a check issued to a supplier in payment of accounts payable of $625 had been recorded as a disbursement of $367. g. The August 31 balance in the general ledger Cash account, before reconciliation, is $9,356.Required: Prepare the adjusting journal entry that should be prepared to reflect the reconciling items.
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Which research information could best help a marketer decide whether todiscontinue a product line?A. Results of an experiment showing the combination of price andfeatures that consumers most often selectB. Observation results showing the path consumers take through astoreC. Survey results indicating that the product no longer meets acustomer needD. Survey results showing that what consumers value most isreliability
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the main units of local government.
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An all-equity firm is considering the following projects: Project Beta IRR W .67 9.5 % X .74 10.6 Y 1.37 14.1 Z 1.48 17.1 The T-bill rate is 5.1 percent, and the expected return on the market is 12.1 percent. a. Compared with the firm's 12.1 percent cost of capital, Project W has a lower expected return, Project X has a lower expected return, Project Y has a higher expected return, and Project Z has a higher expected return. b. Project W should be rejected , Project X should be accepted , Project Y should be rejected , and Project Z should be accepted .
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Make a simple poem regarding the learnings that you acquired in managing the finances. (4 Stanzas only with rhyme and with no meter)
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The following transactions occur for Cardinal Music Academy during the month of October: a. Provide music lessons to students for $9,000 cash. b. Purchase prepaid insurance to protect musical equipment over the next year for $3,240 cash. c. Purchase musical equipment for $12,000 cash. d. Obtain a loan from a bank by signing a note for $14,000. Record the transactions. The company uses the following accounts: Cash, Prepaid Insurance, Equipment, Notes Payable, and Service Revenue.
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Which of the following statements is a fact about buyer behavior?A.People buy based on real needs, not how a product will affect other people's opinions of them.B.People are born with unchanging attitudes toward a product.C.Messages about product benefits have more impact than messages about product features.D.Salespeople should know which products are most profitable and how well products are selling.
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On January 1, 20X7, Poke Corporation acquired 25 percent of the outstanding shares of Shove Corporation for $100,000 cash. Shove Company reported net income of $75,000 and paid dividends of $30,000 for both 20X7 and 20X8. The fair value of shares held by Poke was $110,000 and $105,000 on December 31, 20X7 and 20X8 respectively. Based on the preceding information, what amount will be reported by Poke as income from its investment in Shove for 20X8, if it used the equity method of accounting
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Denver Systems has total assets of $1,000,000; common equity of $400,000; a gross profit of $800,000; total operating expenses of $620,000; interest expense of $20,000; income taxes of $74,000; and preferred dividends of $30,000. What is Denver Systems' return on equity
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On January 1, 2018, Como Company purchased 45% of the outstanding common shares of the Lite Company for $200,000. The net assets of Lite Company totaled $400,000. The inventory had a book value of $100,000 and a fair value of $120,000. Excess cost attributable to inventory is written off in 2018. During 2018, Lite Company earned $200,000 and declared a dividend of $40,000 for the year.The fair value of the Lite stock investment at the end of 2018 was $210,000. Which of the following amounts are correct assuming that Como elected to use the fair value option to account for the Lite investment?a. $28,000 $210,000b. $81,000 $263,000c. $91,000 $273,000d. $18,000 $210,000
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Waupaca Company establishes a $410 petty cash fund on September 9. On September 30, the fund shows $120 in cash along with receipts for the following expenditures: transportation costs of merchandise purchased, $59; postage expenses, $74; and miscellaneous expenses, $144. The petty cashier could not account for a $13 shortage in the fund. The company uses the perpetual system in accounting for merchandise inventory.Prepare (1) the September 9 entry to establish the fund, (2) the September 30 entry to reimburse the fund, and (3) an October 1 entry to increase the fund to $440.1-Prepare the journal entry to establish the Petty Cash fund.2-Record the reimbursement of the petty cash fund.3-Record the increase of the petty cash fund.Date General Journal Debit CreditOct 01
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Jana completed an informational interview with a preschool teacher in her area. She wants to write a thank-you letter. What should she remember to include in the letter?A. a plea for a job with the companyB. a list of questions to discussC. an inquiry about the best way to stay in contactD. a cover letter and rsum
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ou were left $100,000 in a trust fund set up by your grandfather. The fund pays 6.5% interest. You must spend the money on your college education, and you must withdraw the money in 4 equal installments, beginning immediately. How much could you withdraw today and at the beginning of each of the next 3 years and end up with zero in the account
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Artisan Inspiration, Inc. is a merchandiser of stone ornaments. The company sold 8000 units during the year. The company has provided the following information: Sales Revenue $593,000 Purchases (excluding Freight In) 304,000 Selling and Administrative Expenses 68,000 Freight In 14,000 Beginning Merchandise Inventory 46,000 Ending Merchandise Inventory 42,000 What is the operating income for the year? (Round your answer to the nearest whole dollar.) A) $203,000 B) $271,000 C) $322,000 D) $525,000
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Using a 21 percent rate:Compute the deferred tax asset or deferred tax liability (if any) from a transaction resulting in a $31,000 temporary excess of book income over taxable income.Compute the deferred tax asset or deferred tax liability (if any) from a transaction resulting in an $18,400 permanent excess of book income over taxable income.Compute the deferred tax asset or deferred tax liability (if any) from a transaction resulting in a $55,000 temporary excess of taxable income over book income.
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define private equity funds.
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High-Low Method, Cost Formulas The controller of the South Charleston plant of Ravinia, Inc., monitored activities associated with materials handling costs. The high and low levels of resource usage occurred in September and March for three different resources associated with materials handling. The number of moves is the driver. The total costs of the three resources and the activity output, as measured by moves for the two different levels, are presented as follows:Resource Number of Moves Total CostForklift depreciation: Low 5,000 $2,200 High 16,000 2,200 Indirect labor: Low 5,000 $66,000 High 16,000 105,600 Fuel and oil for forklift: Low 5,000 $3,550 High 16,000 11,360 Required:If required, round your answers to two decimal places. Enter a "0" if required.Determine the cost behavior formula of each resource. Use the high-low method to assess the fixed and variable components.Forklift depreciation:V $F $Y $Indirect labor:V $F $Y $ + $XFuel and oil for forklift:V $F $Y $X
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