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maks197457 [2]
3 years ago
15

Rochelle plans to sell all of her shares when she can profit $6,250. What must the net asset value be in order for Rochelle to s

ell?
Business
1 answer:
pychu [463]3 years ago
6 0

Answer:

$31.64

Explanation:

The computation of the net asset value is shown below:

= Total net value ÷ Total outstanding shares

where,

Total net value is

= Number of shares × Offer price + profit

= 500 shares × $19.14 + $6,250

= $9,570 + $6,250

= $15,820

And, the number of outstanding shares is 500

So, the net asset value is

= $15,820 ÷ 500 shares

= $31.64

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81) When a seller advertises an item at a low price but once in store pushes a similar item at a higher price, the seller is par
storchak [24]

Answer:

E) bait and switch

Explanation:

BAIT AND SWITCH can be defined as a way in which a seller use advert of a low price to deceive and attract customers to their shop in which the products or item advert by seller is not available in order to sell similar or separate product to the customer at a higher price instead of selling the same product with a low price advertised by the seller.

Example a seller may advert a quality Italian shoe with a low price of $50 in order to deceive a buyer or customers to their place of business by then selling a similar product of shoe that looks like the one advertise by them to the customer at a higher price of $300.

5 0
3 years ago
Logan, an employee of Argon Industries, earned a salary of $60,000 in year 2. In addition, the following two transactions betwee
Mariana [72]

Answer:

$88,000

Explanation:

Calculation to determine What amount of compensation should Argon report in Logan's Form W-2 for year 2

First step is to determine the bargain element

Bargain Element=$25 per share-$10per share

Bargain Element=$15 per share

Now let determine the amount of compensation

Using this formula

Compensation=Salary earned+Taded stock+(Shares of publicly traded stock*Bargain element)

Let plug in the formula

Compensation=$60,000+$13,000+($100 shares*$15 per share)

Compensation=$60,000+$13,000+$15,000

Compensation=$88,000

Therefore the amount of compensation that Argon should report in Logan's Form W-2 for year 2 $88,000

8 0
3 years ago
During July at Pool Company, $65,000 of raw materials were requisitioned from the storeroom for use in production. These raw mat
QveST [7]

Answer:

$4,000

Explanation:

Preparation of the journal entry.

Based on the information given we were told that The indirect materials totaled the amount of $4,000 which means that the appropriate journal entry to record this requisition would include a DEBIT TO MANUFACTURING OVERHEAD of the amount of $4,000.

(To record requisition)

6 0
3 years ago
Which of these is not a step to critiquing a business plan?
lilavasa [31]

Answer: B

Explanation: As the term Critiquing states i.e. analysis and assessment of anything in detail, thus it doesn't include sending copies of business plan to customers. All other options are inclusive of a detailed analysis.

7 0
3 years ago
Read 2 more answers
Bobaflex Corporation has ending inventory of $707,373 and cost of goods sold for the year just ended was $8,513,213. What is the
Nezavi [6.7K]

Answer:

inventory turnover: 12.035

days in inventory 30 days

Explanation:

cogs / average inventory = inventory turnover

8,513,213 / 707,373 = 12.03497023

during the year the inventory was sold 12 times

day's sales in inventory: 365/ inventory TO

365 / 12.035 = 30.3282

the inventory is keep on store 30 days on average until it is sold.

6 0
3 years ago
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