The total value of dividends paid to the shareholders of Wi-Fi, Inc. for the year given the change in retained earnings and income is $20,000.
<h3>What is the dividend paid?</h3>
Dividend is the amount paid to shareholders of a public company out of the net income earned by a company in a particular period.
Dividend paid = net income - change in net income
Change in net income = $130,000 - $100,000 = $30,000
Dividend paid = $50,000 - $30,000 = $20,000
Answer:
E) None of these answer choices is correct.
Explanation:
<u>Overhead bases on labor hours:</u>
250 units / 25 per batch: 10 batch
total overhead cost: $ 2,000 setup per batch x 10 batch= $ 20,000
20,000 overhead cost / 1,000 labor hours = 20 dollars per hour
1,000 labor hours / 250 units of output: 4 labor hours per unit
4 labor hours x $ 20 = $ 80
<u>Overhead based on activity:</u>
Setup cost: 2,000
units per batch: 25
$ 2,000 / 25 units = $ 80
Answer: The correct answer is "b. production and distribution processes becoming obsolete.".
Explanation: The typical risks of a cost leadership strategy include production and distribution processes becoming obsolete because to maintain cost leadership, the production and distribution processes must always be in constant observation to modify if necessary in order to maintain competitiveness and not remain stuck attached to a production and distribution model that as a consequence of innovations in the competition may become obsolete.
Answer:
Price elasticity of demand=0.48
Explanation:
The price elasticity of demand is defined as the change in demand for a particular good or service due to a change in price. The price elasticity of demand can be expressed using the mid-point formula below;
price elasticity of demand using the midpoint formula=[(Q2-Q1)/{(Q2+Q1)/2}]/(P2-P1)/{(P2+P1)/2}
where;
Q1=initial demand
Q2=final demand
P1=initial price
P2=final price
In our case;
Q1=7,070
Q2=6,565
P1=$3.003.00
P2=$3.503.30
replacing;
[(6565-7070)/{(6565+7070)/2}]/(3.503.50-3.003/{(3.503.50+3.003)/2}
(-505/6817.5)/(0.5005/3.25325)
0.074074/0.153846=-0.48141
Price elasticity of demand=0.48
