Answer:
b
Explanation:
Form utility is a type of nullity that occurs as a result of the design of the product or service itself.
Time utility exists when a company makes a good or service available to consumers at the time that is most desirable or convenient for them.
Possession utility is utility derived from owning a product
EPS = $1.44 (after rounding off)
<u>Explanation:</u>
<u>The calculation of Earnings per share is as follows:
</u>
Particulars Amount
Earnings before interest and tax = 71325
Less: amount of interest = 0
Earnings before tax = $71325
Less : the amount of tax ( 34 percent) = 2425.05
Net income = $47074.5
The number of shares given = 32,800
The formula of calculating the earning per share is = Net income divided by the number of the shares of a company
Thus, EPS = $47074.5 divided by 32,800 = $1.44 (rounded oof)
Answer:
C. $ 8,606 million
Explanation:
By the accounting equation you now that :
Total Assets = (Total Liabilities + Owner’s Equity)
In this case it´s
$40,091 = $31,485 + $8,606
It means that the company works with total assets, but it needs to finance these assets through liabilities (mainly suppliers of any kind) and equity, which is the money that the owner put in the company hoping to make a profit.
Why should mary ann and nana create a business plan is to enables the aim and objective of their business to be realistic.
Mary ann and Nana should create a business plan due to the following reasons:
- Creating a business plan will help them to achieve their core business goals.
- Business pan will help both mary ann and nana to determine the strategy they need to achieve their aims.
- Creating a business plan will help to highlights all the vital information concerning the business so as to make their business succeed.
- Creating a business plan will help in maximizing their profit or in managing their cash.
Inconclusion why should mary ann and nana create a business plan is to enables the aim and objective of their business to be realistic.
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