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3 years ago

What is the difference between a public and a private corporation?

1 answer:

6 0

The principal difference between public and privately held companies is that public companies have shares that can be publicly traded on a stock market. A privately held company might become a publicly held company by conducting an initial public offering, which is the offering of shares of the company to the public.

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What does the credit balance in the accumulated depreciation account represent?

labwork [276]

The credit balance in the accumulated depreciation account represent: <span> the amount of depreciation taken in past years
In accounting, we must reduce the value every year we held an asset in order to show the true amount of the total asset values. This occurence is called a depreciation. If the amount of depreciation is add-up for several years, this account is called accumulated depreciation
</span>

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3 years ago

The Hays company is a regional soda company in the Midwest. It started out making a handful of sodas like cola, diet-cola, orang

valina [46]

Answer:

Competition and consumer trends

Explanation:

The Hays company makes a variety of products including sodas like cola, diet-cola, orange soda. Initially it had less competition, but more companies have entered the market.

Due to increased competition the Hays company will need to develop strategies to gain competitive advantage and by extension market in the more competitive market.

Also consumer trends is nowoving towards speciality sodas. The company will need to reduce the variety of sodas they produce and specialise in the product the consumers prefer.

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2 years ago

Samsonite has declared a 90% stock dividend. At the time of the declaration, Samsonite's stock was selling for $250 per share. I

NeTakaya

Answer:

$131.58

Explanation:

The computation of the new stock price is shown below:

= Selling price of stock per share ÷ current number of shares

= $250 ÷ 1.90

= $131.58

Since the 90% dividend is declared. It means for each share 90% dividend is declared so after stock dividend, the number of shares would be

= 1 + 90%

= 1 + 0.9

= 1.9

We simply divide the selling price by the current number of shares

4 0

2 years ago

Suppose that a monopoly firm finds that its MR is $56 for the first unit sold each day, $55 for the second unit sold each day, $

OlgaM077 [116]

Answer:

Explanation:

the file attached shows the solution to the three questions asked i hope it helps. thank you

Download docx

6 0

3 years ago

A large hospital has an annual demand for 70.000 booklets on healthy eating. It cost $.75 to store one booklet for a year, and

Goryan [66]

Answer:

It will order 3,865 booklets

Explanation:

We need to use the formula for Economic Optimal Quantity

$Q_{opt} = \sqrt{\frac{2DS}{H}}$

Where:

D = annual demand

S= supply cost = ordering cost

H= Holding Cost

$Q_{opt} = \sqrt{\frac{2*70,000*80}{.75}}$

$Q_{opt} =3,864.37$

It will order 3,865 booklets

<u>How to Remember:</u>

Demand per year and order cost goes in the dividend.

Holding cost goes in the divisor.

6 0

3 years ago