Answer:
Purchases= $3,200
Explanation:
Giving the following information:
The asset account "office supplies" has a balance of $800 at the beginning of the year. The amount on hand at the end of the year is $500. The company has calculated the Office Supplies expense for the year to be $3,500.
To calculate the number of purchases, we need to use the following formula:
Purchases= expense of the year + ending balance - beginning balance
Purchases= 3,500 + 500 - 800= $3,200
Answer:
Current ratio for 2022: 0.311
Current ratio for 2021: 0.231
Explanation:
The current ratio is a liquidity ratio that indicates a company's ability to pay its current liabilities when they come due. The current ratio is calculated by the following formula:
Current Ratio = Total Current Assets/Total Current Liabilities
In Bob Evans Farms:
Current ratio for 2022 = $80,200/$257,500 = 0.311
Current ratio for 2021 = $71,809/$311,100 = 0.231
The term that describes what the Firms engage in by using Groupon to communicate their products is Advertising.
- Advertising can be regarded as attempt to influence the buying behavior of customers as well as clients.
- It involves using means such as radio, television or internet to communicate about ones product to the consumer.
Therefore, advertising is correct term.
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brainly.com/question/25488988
Answer:
First we need to find the required rate of return on Cooperton Mining
We can use the DDM model for that
D*(1+G)/R-G=Price
Before the dividend cut
50.12=3.86*1.032/R-0.032
50.12R-1.60=3.98
R=0.11 or 11%
Now we can use R from this to find the expected share price after the dividend cut
2.48*1.049/0.11-0.049= $42.6 Will be the new expected price.
Explanation:
Answer:
The Carolina Christmas Tree Corporation’s total revenue is $32,500.
Explanation:
The total supply of Carolina Christmas Tree Corporation (Q) = 500
The selling price of a tree (P) = $65
The total revenue (TR)of Carolina Christmas Tree Corporation = Total supply (Q) * Selling price of a tree (P)
TR = 500 * $65 = $ 32500
Therefore, the answer to the given question is option C = $ 32,500