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3 years ago

Who “owns” tha vanguard group and what does this allow the company to do?

Business

1 answer:

MatroZZZ [7]3 years ago

4 0

Answer:

John C. Bogle is the founder of the group however it is owned by its customers/clients through the funds managed by the company.

It allows the company to exhibit extra drive and zeal to grow its customer base for future purpose. This is because of the company being highly dependent on its customers for its sustainability.

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Houston Pumps recently reported $172,500 of sales, $140,500 of operating costs other than depreciation, and $9,250 of depreciati

Xelga [282]

Answer:

b. $4,213

Explanation:

Net Operating Profit = Sales - Operating costs - Depreciation Expenses

Net Operating Profit = $172,500 - $140,500 - $9,250

Net Operating Profit = $22,750

Free Cash Flow (FCF) = Net Operating Profit After Tax(NOPAT) – Capital Expenditures – Changes in Net Working Capital

Free Cash Flow (FCF) = Net operating income*(1 - Tax Rate) + Depreciation Expenses - Capital Expenditures - Changes in Net Working Capital

Free Cash Flow (FCF) = $22,750 *(1 - 0.25) + $9,250 - $15,250 - $6,850

Free Cash Flow (FCF) = $22,750 *0.75) + $9,250 - $15,250 - $6,850

Free Cash Flow (FCF) = $17,063 + $9,250 - $15,250 - $6,850

Free Cash Flow (FCF) = $4,213.

6 0

3 years ago

True/False

lara [203]

Answer:

the answer is True.

Explanation:

There are 2 traits in an effective market segment.

It is internally homogeneous (potential customers in the same segment prefer the same product qualities ).
It is externally heterogeneous. In other words, potential customers from different segments have different quality preferences. It responds consistently to a given market stimulus.

4 0

3 years ago

You have planned purchases of $2,500. you have received orders that total $1,200, and you have ordered merchandise that totals $

laiz [17]

How to calculate Open-to-buy:
Open-to-buy = planned purchases - (orders received + merchandise ordered)

Planned purchases = $2,500
Received orders = $1,200
Ordered merchandise = $700

Open-to-buy = $2,500 - ($1,200 + $700)
Open-to-buy = $2,500 - $1,900
Open-to-buy = $600

3 0

3 years ago

Costello Corporation reported pretax book income of $500,900. During the current year, the reserve for bad debts increased by $6

raketka [301]

Answer:

Deferred income tax expense = $7,161

Explanation:

Given:

Bed debts increase = $6,800

Depericiation increase = $40,900

Tax-exempt life insurance = $3,450

Computation:

Assume tax rate = 21%

Taxable difference = 40,900 - 6,800

Taxable difference = 34,100

Deferred income tax expense = 34,100 × 21%

Deferred income tax expense = $7,161

6 0

3 years ago

Brad Essary owned a small company that sold garden equipment. The equipment was expensive, and a perpetual system was maintained

olga_2 [115]

Answer:

Total= $77,300

Explanation:

Giving the following information:

lost, damaged, and stolen merchandise normally amounted to 5 percent of the inventory balance. On June 14, Essary's warehouse was destroyed by fire. Just before the fire, the accounting records contained a $136,000 balance in the Inventory account. However, inventory costing $16,900 had been sold and delivered to customers but had not been recorded in the books at the time of the fire. The fire did not affect the showroom, which contained inventory that cost $35,000.

Accounting record= 136,000

Normal Damaged merchandise= 136,000*0.05= 6,800 (-)

Sold inventory= 16,900 (-)

Showroom= 35,000 (-)

Total= $77,300

3 0

3 years ago