Answer:
5.79 times
Explanation:
The computation of the Accounts receivable turnover ratio
= Credit sales ÷ average accounts receivable
where,
Average accounts receivable = (Opening balance of Accounts receivable + ending balance of Accounts receivable) ÷ 2
= ($46,400 + $49,700) ÷ 2
= $48,050
And, the net credit sale is $278,000
Now put these values to the above formula
So, the answer would be equal to
= $278,000 ÷ $48,050
= 5.79 times
Answer:
The correct answer to the following question will be "$43,303.34". The further explanation is given below.
Explanation:
The given value is:
Subscription price = $23 per share
Now,
First measure Net earnings per share
=
On putting the values in the above expression, we get
=
=
Current shares on sale =
Amount of rights required =
Share price would be ex-right:
=
On putting the values in the above formula, we get
=
=
= $
As we know,
The value of a right = Selling price per share - Ex-rights stock price,
=
= $
And the proceeds from the right to sell would be:
Number of shares × Value of a right
=
= $
Answer: Option D
Explanation: In simple words, co- marketing refers to the process in which two firms of an industry, who serves the same audience, combines ther resources for increasing their scale of operations with the ultimate goal of increasing profits.
Generally such arrangements do not happen between two major competitors in an industry. This is more common in international businesses where one firm has technology and other has customer base.
Hence from the above we can conclude that the correct option is D .
Answer:
The correct answer is letter "D": equal to the present value of all expected future dividends.
Explanation:
The Constant-Dash-Growth Valuation or the Gordon Growth Model is used to calculate the intrinsic value of a stock today based on the stock's expected future dividends. It is widely used by investors and analysts to compare the predicted stock value against the actual market price. The difference between them may determine if the stock is overvalued or undervalued by the market.