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On May 16, Thorne Co. declares a $0.40 dividend to be paid on April 5. Thorne has 2,060,000 shares of common stock issued and ou

Ksju [112]

Answer:

b. Dividends and a credit to Dividends Payable for $824,000

Explanation:

Dividends payable = 2,060,000 shares * $0.40 per share = $824,000

Journal entry on February 16

Dividends $824,000

Dividends payable $824,000

4 0

3 years ago

When Theo complained out loud that the hotel restaurant did not serve breakfast late enough in the morning, a hotel worker overh

11111nata11111 [884]

Answer:

The correct answer is E. respond quickly

Explanation:

Respond quickly is a great strategy to gain customers' fidelity.

7 0

3 years ago

Those who believe in

larisa86 [58]

Answer:

C. The government can change the reserve

ratio.

5 0

3 years ago

Yater's Inc. is a food and beverage company based in the United States. The company decides to market and sell its products in a

Alexeev081 [22]

In this scenario, Yater's Inc. has decided to use (B) one-brand-name strategy.

<h3>What is a co-branding strategy?</h3>

Co-branding is a marketing tactic in which various brand identities are applied to a product or service as a result of a strategic partnership.
Co-branding (or "cobranding"), often known as a brand partnership, refers to a variety of branding alliances that typically involve the brands of at least two businesses.

<h3>What is a one-brand-name strategy?</h3>

When employing a single-brand approach, a business targets only one particular market segment with each of its brands.
Each brand has its own distinct "personality," is handled separately, and is distinctly differentiated from the rest of the company's brands.

<h3>What is a transactional marketing strategy?</h3>

A business technique known as "point of sale" transactions is called transactional marketing.
Instead of focusing on forging a relationship with the customer, individual sales are being optimized for efficiency and volume.

Therefore, in this scenario, Yater's Inc. has decided to use (B) one-brand-name strategy.

Know more about brands here:

brainly.com/question/24456504

#SPJ4

4 0

2 years ago

Larry Nelson holds 1,000 shares of General Electric common stock. The annual shareholders meeting is being held soon, but as a m

Lisa [10]

Answer:

Larry must have signed a <u>PROXY AGREEMENT</u> that gives the management group control over his shares.

A proxy agreement is generally used for stockholders voting procedures, they basically grant another person the right to vote on behalf of another stockholder.

Larry's current investment in the company is <u>$86,000</u>.

= 2,000 stocks x $43 = $86,000

If the company issues new shares and Larry makes no additional purchase, Larry's investment will be worth <u>$82,560</u>.

company's new market value = (20,000 x $43) + (5,000 x $34.40) = $1,032,000

new stock price = $1,032,000 / 25,000 stocks = $41.28

= $41.28 x 2,000 = $82,560

This scenario is an example of <u>STOCK DILUTION</u>.

The stock price will lower because the increase in the company's value is less than proportional to the increase in the number of stocks.

Larry could be protected if the firm's corporate charter includes a <u>PREEMPTIVE</u> provision.

Preemptive rights give current stockholders the right to purchase more stocks (in case the company issues more stocks) before any outside investors.

If Larry exercises the provisions in the corporate charter to protect his stake, his investment value in the firm will become <u>$103,200</u>.

= [(5,000 / 10) x $34.40] + $86,000 = $17,200 + $86,000 = $103,200

5 0

3 years ago