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3 years ago

5

At what stage of growth is a business profitable, with enough money to reinvest into the company? A. Successful B. Start-up C. M

ature D. Stability

2 answers:

Trava [24]3 years ago

6 0

D. Stability, is right.

Sever21 [200]3 years ago

5 0

Answer:

The answer is A: Successful

Explanation:

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Jermaine Dye Corporation acquired two inventory items at a lump-sum cost of $50,000. The acquisition included 3,000 units of pro

vesna_86 [32]

Answer:

Gross profit=15,000-9,375=$5,625

Explanation:

Gross profit can be calculated by the any corporation as follows:

Gross profit: Sales- Cost of sales

In given scenario, sales and cost of sales can be determined as follows:

Sales=Number of LF units sold by Jermaine Dye Corporation*sale price per unit of LF

=1,000*15=$15,000

The corporation is selling LF for 15$ which is 3 times the price at which it is selling 1B and assuming that the entity is earning same gross profit margin on both products, then cost of sales can be determined as follows:

Lets say that cost of one unit of "1B" is "z" then the cost of one unit of "LF" will be "3z" and following equation can be formed for cost of sales:

3,000(3z)+7,000(z)=50,000

9000z+7000z=50,000

16,000z=50,000

z=$3.125(50,000/16,000)=cost of one unit of 1B

Cost for one unit of LF=3*3.125=$9.375

Cost of sales for 1,000 units=9.375*1000=$9,375

Gross profit=15,000-9,375=$5,625

5 0

4 years ago

Securities not listed on one of the exchanges trade in the over-the-counter market. In this exchange, dealers "make a market" by

GREYUIT [131]

Answer:

(C) doing both of the above

Explanation:

When dealers "make a market", they do so by providing liquidity in a market that may lack such. Liquidity measures the ease with which participants can buy and sell in a market. Thus, by making a market, a dealer buys stocks for inventory when investors want to sell, and sells stocks from inventory when investors want to buy.

6 0

3 years ago

Constructive criticism means:

MrRissso [65]

Feedback with the intention to help by listing reasonable arguements

8 0

4 years ago

Read 2 more answers

Assume that on September 1, Office Depot had an inventory that included a variety of calculators. The company uses a perpetual i

Alisiya [41]

Answer and Explanation:

The journal entries are shown below:

1. Inventory $1,800

Accounts Payable $1,800

(Being purchased on account)

2. Inventory $50

To Cash $50

(being freight paid)

3. Accounts Payable $51

To Inventory $51

(being the returned calculator is recorded)

4. Accounts Receivable $670

To Sales Revenues $670

(Being sales is recorded)

5. Cost of Goods Sold $460

To Inventory $460

(Being cost of goods sold is recorded)

6. Sales returns $40

To Accounts Receivable $40

(being sales return is recorded)

7. Inventory $28.20

To Cost of Goods Sold $28.20

(Being cost return is recorded)

8. Accounts Receivable $780

To Sales Revenues $780

(Being the sales is recorded)

9. Cost of Goods Sold $560

To Inventory $560

(Being the cost of goods sold is recorded)

5 0

3 years ago

You own shares of Somner Resources' preferred stock, which currently sells for per share and pays annual dividends of $ per s

dimulka [17.4K]

Answer:

You should buy more shares

Explanation:

The above-mentioned question is missing few components. I have added them to explain on how the question would be solved if all the variables were provided. Please note the additions in bold text below. The answer of which is given afterwards.

You own 300 shares of Somner Resources' preferred stock, which currently sells for $39 per share and pays annual dividends of $5.50 per share. If the market's required yield on similar shares 12% is percent, should you sell your shares or buy more?

Solution as mentioned below:

First of all we need to calculate value of the preferred stock by dividing the annual dividend per share from the market required rate.

Value of preferred stock = 5.50 / 12%

Value of preferred stock = $45.83

Now given the fact that the current price at which the stocks are sold is $39 which is less than the price at which they are actually valued which is $45.83. You should buy more of the shares as they are currently undervalued.

8 0

3 years ago