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Lunna [17]
3 years ago
14

Carmen cattucci wanted to buy a new car. she visited several dealers to compare prices, styles, and dealer reputations. finally,

she bought a car from a local dealer. the purchase of a car is an example of a
Business
1 answer:
vladimir1956 [14]3 years ago
3 0

This is an example of a shopping product. It a kind of merchandise that needs consumer study and assessment of brands. There are two specific shopping products and these are homogeneous and heterogeneous. Homogeneous products are observed by consumers as very like in nature and the final acquisition is typically resolute on the lowest price while heterogeneous products are merchandises with features that are expressively diverse from each other, which makes it hard to substitute one product for another.

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Explain an advantage of having both ethical and sustainable objectives?
Sergeeva-Olga [200]
Try looking it up on google
4 0
3 years ago
Calculate the payout ratio, earnings per share, and return on common stockholders’ equity. (Round earning per share to 2 decimal
drek231 [11]

Answer:

Payout Ratio 69.9%

Earning Per Share $0.94

Return on the Common Stockholder Equity 12.6%

Explanations:-

Monty Corp

1. Calculation for Payout Ratio

Using this formula

Payout Ratio = Dividend Declared/Net Income

Dividend Declared = $0.70 * Shares outstanding

Shares outstanding:-

Opening ($837,500/$3) =279,167

Issued on Feb 1 5310

Treasury (4900)

Purchased Treasury on March 20 (1300)

Shares outstanding 278,277

Dividend Declared = 278277 * $0.70

= $194,793.90

Net Income = $278600

Payout Ratio = $194793.90/$278600 = 69.9%

Therefore Payout Ratio will be 69.9%

2. Calculation for Earning Per Share

Using this formula

Earning Per share =(Net Income – Preference Dividend)/Avg Common Stock shares

Net Income = $2786,00

Preference Dividend = $294,000 * 6%

= $17640

Average Common Stock shares = (Beginning Shares outstanding + Ending Shares outstanding)/2

Beginning Shares outstanding = 279,167 – 4,900 = 274,267

Ending Shares outstanding = 278,277

Average = (274,267 + 278,277)/2 = 276,272

Earning Per Share= ($278,600 - $17,640)/276,272 = $0.94

Therefore Earning per share will be $0.94

3. Calculation for Return on Common Stockholders Equity

Using this formula

Return on Common Stockholder Equity =

(Net Income – Preference Dividend)/Avg Common Stockholder Equity

Average Common Stockholder Equity = (Beginning Stockholder Equity + Ending Stockholder Equity)/2

Beginning Stockholder Equity will be:

Beginning common stock $837,500

Beginning Paid-in Capital in Excess of Stated Value on Common Stock $536,000

Beginning Retained Earnings $695,000

Treasury Stock($39,200)

Beginning Stockholder Equity $2,029,300

Ending Stockholder Equity will be:

Ending common stock ($837,500 + [5,310*$3])

=$853,430

Ending Paid-in Capital in Excess of Stated Value on Common Stock ($536,000 + [5,310 * $4]) =$557,240

Ending Retained Earnings $761,166.10

Treasury Stock ($39,200 + [1300 * $9])

=($50900)

Beginning Stockholder Equity$2,120,936.10

Calculation for Ending Retained Earnings

Using this formula

Ending Retained Earnings = Beginning Retained Earnings + Net Income – Dividend on common & Preferred stock

= $695, 000 + $278,600 – ($194,793.90 + $17,640)

= $761,166.10

Average Common Stockholder Equity = ($2,029,300 + $2,120,936.10)/2 = $2,075,118.05

Return on Common Stockholder Equity = ($278,600 - $176,40)/$2,075,118.05

Return on Common Stockholder Equity = 12.6%

Therefore the Payout Ratio is 69.9%

Earning Per Share is $0.94

Return on Common Stockholder Equity is 12.6%

3 0
3 years ago
A trader sold short a cotton futures contract @ 76.98 cents per pound. Contract size is 50,000 pounds. How much does the trader
shutvik [7]

Answer:

$6360

Explanation:

Contract value when the trader sold short = 76.98c * 50000 = $38,490

Contract value when he closed out his contract = 64.26c * 50000 = $32,130

Since the trader had sold short, he is speculating that the price of the futures contract will go down. The value of the contract did go down (in the traders favor) so the difference in value when he sold short and when he closed out his contract will be the profit gained in dollars. Please note that the initial futures prices are quoted in cents and would need to be converted to dollars by dividing by 100c i.e. 3,213,000c = $32,130

Therefore the profit made by the trader in dollars is $38,490 - $32.130 = $6360

3 0
3 years ago
Windham Corporation has current assets of $680,000 and current liabilities of $850,000. Windham Corporation's current ratio woul
andre [41]

The ratio could increase with the purchase of $170,000 of inventory on account.

3 0
2 years ago
The diffusion of innovation refers to the rate at which consumers ______ a given product or service.
Yuri [45]

Answer:

adopt

Explanation:

4 0
3 years ago
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