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3 years ago

A company that is most motivated to make money has a

1 answer:

6 0

A company that is most motivated to make money has a letter D: profit motive. Profit motive is an economics term relating to an organization (specifically business) expected to earn more profit than the expenses they have given. This type of organization differs from nonprofit because NGOs are more on accomplishing their advocacy without expecting profits in return.

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BR Trucking has total sales of $911,300, a total asset turnover of 1.1, and a profit margin of 5.87 percent. Currently, the firm

notsponge [240]

Answer:

$2.89

Explanation:

The formula and the computation of the earning per share is shown below:

Earning per share = (Net income - preference dividend) ÷ (Number of shares)

where,

Net income is

= $911,300 × 5.87%

= $53,493.31

And, the preference dividend is $0

and, the outstanding number of shares is 18,500

So earning per share is

= $53,493.31 ÷ 18,500 shares

= $2.89

3 0

3 years ago

Microhard has issued a bond with the following characteristics:

Aleks [24]

Answer:

At Yield to maturity = 11%

Price = $1,000

Explanation:

As for the provided information we have:

Par value = $1,000

Interest each year = $1,000 $\times$ 11% = $110

Effective interest rate semiannually = 11%/2 = 5.5% = 0.055

Since it is paid semiannually, interest for each single payment = $110 $\times$ 0.5 = $55 for each payment.

Time = 8 years, again for this since payments are semi annual, effective duration = 16

Price of the bond = $C \times \frac{(1 - \frac{1}{(1+i^n)}) }{i} + \frac{M}{(1 + i)^n}$

Here, C = Coupon payment = $55

i = 0.055

n = Time period = 16

M = Maturity value = Par value = $1,000

Therefore, if yield to maturity = 11% then,

P = $55 \times \frac{1 - \frac{1}{(1 + 0.055)^1^6} }{0.55} + \frac{1,000}{(1 + 0.55)^1^6}$

= $1,000

7 0

3 years ago

Manuel is a manager for a manufacturing company in which managers are expected to fully document all decisions and in which it i

ikadub [295]

Answer: Low risk taking culture

Explanation:

Organisational culture includes the behaviour, beliefs, value and principles in which an organisation operates on. It's entails the way business are done, decisions are made etc.

Low risk taking is an organisation culture aimed at minimising risks. Recommendations and Decisions are based on facts and genuine data not on abstract and unreal thoughts with decisions fully documented.

7 0

2 years ago

The Guitar Shoppe reports the following sales forecast: August, $150,000; September, $170,000. Cash sales are normally 30% of to

nadezda [96]

Answer:

Thus Calculation of September Cash Receipts is as follows:

September Sales ( $170,000 × 30%) = $51,000

August Sales ( $150,000 × 55%) = $82,500

Total = $133,500

Explanation:

September cash receipts will include the following :

30% of September Sales
55% of August Sales

Thus Calculation of September Cash Receipts is as follows:

September Sales ( $170,000 × 30%) = $51,000

August Sales ( $150,000 × 55%) = $82,500

Total = $133,500

5 0

3 years ago

. Jeff works as a computer repair technician. He has money in a savings account and he owns some stock. What types of income doe

Alex17521 [72]

I think the correct answer from the choices listed above is the last option. He earns a salary from his work, interest on his savings account, and dividends on his stock holdings. Hope this answers the question. Have a nice day.

5 0

3 years ago