Answer:
$167 million
Explanation:
Particulars Amount ($ millions)
Cash paid to retire note -94
Less: Common shares acquired for treasury -154
Add: Proceeds from issue of preferred stock 218
Add: Proceeds from issue of subordinated bonds 274
Less: Cash dividends paid on preferred stock <u>-77</u>
Net cash from financing activities <u>167</u>
Note: Cash interest paid to bondholders belongs to Operating activity
Prospectus.
For example, when a company is preparing for an IPO, the prospectus will be given to potential investors (mom & pop, and sophisticated) to give them information on current financial status of the company, growth strategies, current shareholders, directors, etc.
Answer:
direct labor= $80,400
Explanation:
Giving the following information:
In May direct labor was 40% of conversion cost. The manufacturing overhead for the month was $120,600.
<u>The conversion costs are the sum of direct labor and manufacturing overhead.</u>
Conversion costs= 120,600/0.6= 201,000
direct labor= 210,000*0.4= 80,400
Answer:
The answer to this question is B. Niche marketing
Explanation:
Niche marketing involves identifying and exploiting a small segment of a larger market by developing products to suit it. identifying and exploiting a small segment of a larger market by developing products to suit it.
A niche market cater for the unique demands that aren't being addressed by mainstream providers. Organisations pursue niche markets as a way to build loyalty and revenue with a largely-overlooked audience.
We can therefore conclude from the explanation in the questions as regards the activities of Digital Print Shops that it using a Niche marketing strategy
Hence the answer is B. Niche marketing