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4 years ago

Global temperature trends can be inferred from changes in

1 answer:

6 0

Global temperature trends can be inferred from changes in fossils and chemical isotopes found in sediments and glacial ice

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Karen and Anika, the owners of a new personal assistant firm called Assist You 2, are interested in offering their services in a

madreJ [45]

Answer:

understand the position of their competitors.

Explanation:

For a business to strive in an environment where competitors are also operating it is very important to have a good understanding of position of competitors in the market place.

In the given scenario there are other other start-up firms and local shops operating in the same community.

The business has completed the segmentation and targeting processes, to ensure that they are best positioning their service within this community.

Next they will have to understand the competition's aims, strategies, and strengths in order to adequately counteract them.

3 0

3 years ago

Candela Company has retained earnings of $500,000, common stock of $400,000, and total common stockholders’ equity of $1,200,000

anzhelika [568]

Answer:

2) There will be no effect on total common stockholders' equity.

Explanation:

Step 1: Determine liabilities

This can be expressed as;

E=A-L

where;

E=Common stockholders equity

A=total assets

L=total liabilities

In our case;

E=$1,200,000

A=500,000+(5×200,000)=500,000+1,000,000=$1,500,000

L=unknown

replacing;

1,200,000=1,500,000-L

L=1,500,000-1,200,000=$300,000

Total liabilities=$300,000

Step 2: Determine current asset value

After 2 for 1 split;

shares after split=200,000×2/1=400,000

price after split=5×1/2=$2.5

Current asset value=(400,000×2.5)+500,000=$1,500,000

Step 3: Determine equity after split

Equity after split=1,500,000-300,000=$1,200,000

The stockholders equity after split=$1,200,000

The stockholders equity after the 2-for-1 split remains the same.

4 0

3 years ago

Bountiful company had sales of $650,000 and cost of goods sold of $200,000 during a year. the total assets balance at the beginn

kirill115 [55]

The asset turnover ratio is 3.80.The asset turnover ratio is a number that shows how much revenue is being earned for every dollar the company has spent on assets. Asset turnover ratio=Net revenue/Average total Assets Thus,by applying the Formula we get Asset turnover ratio=3.80

8 0

3 years ago

On January 22, Jefferson County Rocks Inc., a marble contractor, issued for cash 25,000 shares of $20 par common stock at $68, a

sashaice [31]

Answer:

$3,130,000

Explanation:

For computing the total amount invested, first we have to pass the journal entries which are shown below:

Cash A/c Dr $1,700,000 (25,000 shares × $68)

To Common Stock $500,000 (25,000 shares × $20)

To Additional Paid-in Capital in excess of par - Common Stock $1,200,000

(Being the issuance of stock is recorded and the remaining balance is credited to the additional paid-in capital account)

Cash A/c Dr $1,430,000 (130,000 shares × $11)

To Preferred Stock $1,040,000 (130,000 shares × $8)

To Additional Paid-in Capital in excess of par - Preferred Stock $390,000

(Being the issuance of stock is recorded and the remaining balance is credited to the additional paid-in capital account)

Now the total amount invested would be

= $500,000 + $1,200,000 + $1,040,000 + $390,000

= $3,130,000

7 0

4 years ago

Consider the market for tablet (like iPads and Android tablets). Suppose the average price of an iPad goes up by $20 when a majo

NikAS [45]

Answer:

The price of Android tablets will increase.

The demand for Android tablets will increase.

Explanation:

iPads and android Tablets are direct competition for one another.

So, when the average prices of an ipad goes up , some percentage of the consumers will seek alternatives for similar product. This is why the demand for android tablets will increase.

But, there is one more point to consider.

Online retailer tend to sell different brands of a similar product to its consumers. It is very likely that big retailers will sell both apple and andorid products in their store.

if the price of Ipad goes up because of the change in the retailer's sale policies, that change will definitely affect the price of the android as well

Because of this, The price of Android tablets will also increase. Even though the increase may not be as high as Ipad since they have lower baseline price/

5 0

3 years ago