In a split offering, we see that a) shares are issued from the corporation and sold by existing shareholders.
<h3>What is a split offering?</h3>
A split offering is a type of stock issuance that involves the issuing of new stock and existing stock that it is in the market already. This is why it is called a split offering - one side of the offering comes from the corporation, and the other comes from the existing shareholders.
With a split offering, the seller will be existing shareholders and not the company. This means that the corporation that issues the shares, will then cooperate with existing shareholders who will then be the ones to sell the shares.
Find out more on stock offerings at brainly.com/question/13049425.
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Netflix is using the digital marketing technique of using measurable, data-driven information to add customer value.
This digital marketing technique of creating a list of potential films based on Lander's film screening history helps Netflix generate value for the customer, generating benefits such as:
- reduction in the time the client looks for a film.
- greater customer loyalty.
- creation of relationship and interaction between company and customer.
Therefore, artificial intelligence uses data to create value for the consumer, making the experience more targeted and aligned with consumer tastes and preferences, which makes the company better positioned and competitive in the market.
Learn more here:
brainly.com/question/8367090
Answer:
$165,670
Explanation:
Cost of goods sold = Sales revenue (1 - Gross profit)
= $669,900 × (1 - 0.30)
= $669,900 × 0.70
= $468,930
Estimated ending inventory destroyed in fire:
= Beginning inventory + Purchase - cost of goods sold
= $160,600 + $474,000 - $468,930
= $165,670
Answer:
b. greater under absorption costing than variable costing.
Explanation:
The question is to calculate the closing value of inventory and based on the choices, we need to calculate based on both the Absorption Costing and the Variable Costing Methods.
1. Closing Inventory based on Variable Costing Method
Direct Material $40
Direct Labour $30
Variable Overhead $2
Fixed Overhead <u>$0 </u>(this method does not reecognise fixed cost
Totals (Unit cost of Production) $72
Based on this, the closing inventory is $72 x (8,000+50,000-55,000 units)
=$77 x 3,000= $216,000
2. Closing Inventory based on Absorption Costing Method
Direct Material $40
Direct Labour $30
Variable Overhead $2
Fixed Overhead <u>$5</u>
Totals (Unit cost of Production) $77
Based on this, the closing inventory is $77 x (8,000+50,000-55,000 units)
=$77 x 3,000= $231,000
Based on these calculations:
The Ending Inventory is higher/Greater under absorption costing than variable costing and the reason is that variable costing does not recognize fixed cost in determining the value of ending inventory.
