Answer:
b. 14.0%
Explanation:
NET INCOME
Sales $ 100.000
Net Income $ 25.000
Preferred Stock -$ 4.000
Net Income to Stockholders' equity—common $ 21.000 14%
Net Income to Stockholders $ 21.000
=========== = 14%
Stockholders' equity—common $ 150,000
The stage in the product life cycle of the Instant Pot would be "growth stage".
<h3>Stages in product life cycle:</h3>
There are four stages in the life cycle of a product in the market which are-
- Take-off stage or introduction,
- Growth stage or shake-out stage,
- Maturity stage and
- Decline.
The characteristics of Growth stage are-
- Increasing sales, customers and profit.
- Greater competition from fellow companies. As rival companies release similar products, the competition is frequently strong during the growth period.
- The product will move into the growth stage if it maintains its success and continues to satisfy market demands.
- Price undercutting in the growth stage is typically uncommon because businesses in this stage can boost revenue by luring in new clients.
The said product can be confirmed to be in the growth stage because it exhibits higher growth in demand by social media marketing. Also, it shows there was a rise in the rival companies Ninja and Crock-pot pressure cookers.
Learn more about product life cycle, here
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Answer:
Offering circular
Explanation:
An offering circular is a formal written offer to sell securities that sets forth the fact for a business enterprise that a prospective investor needs to make an informed investment decision. It usually contain financial information, a description of the security being offered, risk factors, uses of offering proceeds, business and organization of the company and other pertinent information.
Answer:
False.
Explanation:
To close the underapplied Manufacturing Overhead account requires that the Cost of Goods Sold is debited, say with $100 while the Manufacturing Overhead account is credited with the same amount. Underapplied Manufacturing Overhead account means that a debit balance is left after applying the overhead to production. To close this debit, therefore, a credit entry is required to the manufacturing overhead account. The corresponding debit entry goes to the Cost of Goods Sold, or this may be apportioned among Cost of Goods Sold, Finished Goods Inventory, and Work-in-Process, as may be the case.
Separating people into groups based on their characteristics, problems, needs, and desires