Ask question

Ask question

All categories

2 years ago

12

If a firm's goal is to maximize its earnings per share, this is the best way to maximize the price of the common stock and thus

shareholders' wealth.
a. True
b. False

1 answer:

ozzi2 years ago

6 0

Answer:

False is the answer

You might be interested in

Nolan Dry Cleaners has determined the following about its costs: Total variable expenses are $40,000, total fixed expenses are

blondinia [14]

Answer:

Operating income= 40,000

Explanation:

Giving the following information:

Total variable expenses are $40,000, total fixed expenses are $30,000, and the sales revenue needed to break even is $40,000.

Sales= operating income + fixed costs + variable costs

Sales= 40,000 + 30,000 + 40,000= 110,000

Operating income:

Sales= 110,000

Variable costs= 40,000

Gross profit= 70,000

Fixed costs= 30,000

Operating income= 40,000

3 0

3 years ago

1. The level of prices and the value of money Suppose the price level reflects the number of dollars needed to buy a basket of g

Alekssandra [29.7K]

Answer:

as the price level fall, the value of money increased.

Explanation:

the impact of deflation on an economy is that its decreases the price level of goods and services but increases the value of currency.

this is seen by the illustration given:

In year 1, A basket cost $9 and $72 can buy 8baskets

In year 2, A basket cost $8 and $72 can buy 8baskets. though the price level as reduces but the value of $1 increases.

For example, Let say, I am buying baskets from Nigerian, provided the values of currency are not constant.

Given, N = naira

@ N1 = $9, = 8 basket is obtained

@N1.125 =$8, = 8 basket is also obtained (becaused value of currency as increased )

7 0

2 years ago

Trent runs a small business in which he manufactures hinges to be used in kitchen and storage cabinetry. He stores the hinges in

Sonbull [250]

<u>Full question:</u>

Trent runs a small business in which he manufactures hinges to be used in kitchen and storage cabinetry. He stores the hinges in his warehouse and delivers them to various cabinet makers prior to them completing the cabinets' construction. Trent is a

A. retailer.

B. intrapreneur.

C. service provider.

D. wholesaler.

E. direct marketer

<u>Answer:</u>

Trent is a wholesaler

<u>Explanation:</u>

A wholesaler acquires the goods from a producer in mass quantity and re-sells it to retailers in tiny portions. Wholesalers obtain a central position in the retailing course set-up. Warehousing is an essential marketing function offered by the wholesaler.

A wholesaler holds a huge accumulation of goods for retailers. Wholesalers support to maintain prices by regulating stocks according to demand. Many wholesalers manage their warehouses for stocking goods. . He also trades goods to the retailer on account. Thus, at both edges the wholesaler serves as a financier.

6 0

2 years ago

Developing a pricing structure that encourages customers to buy additional services that they don't need in order to obtain the

SCORPION-xisa [38]

Marketing tactics include different actions. One is to develop a pricing structure that encourages customers to purchase additional services they don't need.

<h3>What is marketing? </h3>

Marketing is a concept that refers to all actions and activities related to market or commerce. Marketing has as its main purpose the analysis of the behavior of markets and consumers.

According to the above, marketing has ways to identify consumer purchasing trends and understands how buyers' thinking works. Marketing can develop strategies focused on the buyer acquiring goods or services that he does not need, one of them is prices or discounts.

Learn more about marketing in: brainly.com/question/3964664

6 0

2 years ago

Metlock Company is a multiproduct firm. Presented below is information concerning one of its products, the Hawkeye. 1/1 - Beginn

bixtya [17]

Answer:

Instructions are listed below.

Explanation:

Giving the following information:

1/1 - Beginning Inventory (Quantity 1,000 - Price/Cost = $12)

2/4 - Purchase (Quantity 2,000 - Price/Cost = $18)

2/20 - Sale (Quantity 2,500 - Price/Cost = $30)

4/2 - Purchase (Quantity 3,000 - Price/Cost = $23)

11/4 - Sale (Quantity 2,200 - Price/Cost = $33)

Units sold= 4,700

1) Periodic - FIFO

COGS= 1,000*12 + 2,000*18 + 1,700*23= 87,100

2) Perpetual - FIFO

COGS= 1000*12 + 1500*18 + 500*18 + 1,700*23= $87,100

3) Periodic - LIFO

COGS= 3,000*23 + 1,700*18= $99,600

4) Perpetual - LIFO

COGS= 2,000*18 + 500*12 + 2,200*23= $92,600

5) Periodic - weighted

Average price= (12 + 18 + 23)/3= 17.67

COGS= 4,700*17.67= $83,049

6) Perpetual - weighted

COGS= 15* 2,500 + 17.67*2,200= $76,374

3 0

2 years ago