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3 years ago

When shopping for clothes and shoes, keep in mind the logo, team name, style or celebrity endorser question 1 options:

1 answer:

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B. False. More real-world, relevant and important ideas to keep in mind when shopping for shoes and clothes are the associated quality of the manufacturer, which could be a brand name. Also, of utmost importance is the overall quality of the product with relation to its cost. The size of the item is also important. Do not buy an overpriced item, that does not fit properly and is made of cheap materials that quickly break.

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How does the spending multiplier compare between a $1,000 increase in government spending and a $1,000 decrease in taxes collect

mr Goodwill [35]

Answer: Option B

Explanation: In simple words, spending multiplier refers to the effect that the spending from the govt have on an economy. As per this effect, if the govt. spends a little on the economy the multiplier effect will come into force and make a major impact on the organisation.

Government spending refers to the total outflow of resources made by the govt. for the betterment of economy. However the decrease in tax will not directly be considered an outflow but it surely does increase their revenue leading to more demand in the economy.

Hence from the above we can conclude that the correct option is B .

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3 years ago

Special Plc has an issued share capital at 1 January 2019 of 1,000,000 ordinary shares of 20p each and 50,000 convertible prefer

coldgirl [10]

Answer:

A. £4.15

B.£4

Explanation:

A. Calculation for the diluted EPS for 2019

Using this formula

2019 Diluted EPS =(Earnings after tax for the year ended-Preferred Dividends)/Total Diluted Shares Outstanding

Let plug in the formula

2019 Diluted EPS=[£5,000,000-(£2.50 per share*50,000)/£1,000,000+ (£250,000*500/£1,000)+(50,000*£1)]

2019 Diluted EPS=[£5,000,000-(£2.50 per share*50,000)/£1,000,000+ (£250,000*0.5)+(50,000*£1)]

2019 Diluted EPS=[(£5,000,000-£125,000)/(£1,000,000+£125,000+£50,000)]

2019 Diluted EPS=£4,875,000/£1,175,000

2019 Diluted EPS=£4.15

Therefore 2019 Diluted EPS (Earning per share) will be £4.15

B. Calculation for the diluted EPS assuming that the convertible preference shares were receiving a dividend of £6 per share instead of £2.50.

Diluted EPS=[£5,000,000-(£6 per share*50,000)/£1,000,000+ (£250,000*500/£1,000)+(50,000*£1)]

Diluted EPS=[£5,000,000-(£6 per share*50,000)/£1,000,000+ (£250,000*0.5)+(50,000*£1)]

Diluted EPS=[(£5,000,000-£300,000)/(£1,000,000+£125,000+£50,000)]

Diluted EPS=£4,700,000/£1,175,000

Diluted EPS=£4

Therefore the Diluted EPS (Earning per share) will be £4

6 0

3 years ago

Calloway department store buys jackets for $19.75 each and sells them for $37.88 each. what is the markup rate based on cost?

Svet_ta [14]

Answer : The markup rate based on cost is 91.79747%.

We have

Selling price per jacket = $37.88

Cost per jacket = $19.75

$Markup rate =[\frac{Selling Price - Cost}{Cost}] * 100$

Substituting the values in the formula above we get,

$Markup rate = [\frac{37.88-19.75}{19.75}] *100$

$Markup rate = [\frac{18.13}{19.75}] *100$

$Markup rate = 91.79746835$ %

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3 years ago

Sully Corporation uses an allowance method for accounting for bad debt expense. Sully estimates that 2% of sales will eventually

il63 [147K]

Answer:

$4000

Explanation:

The total sales would the sum of credit sales and sales on cash basis,in effect total sales is $200,000($100,000+$100,000).

The estimate for allowance for uncollectible debt is 2% of total sales,which is $4000 (2%*$200,0000)

Hence,the correct answer in this case is $4000 and it implies that Sully Corporation intends to receive $96,000 in cash out of the debt to its by customers($100,000-$4,000)

8 0

3 years ago

The current price of the futures contract is $30. A six-month call option on the futures contract with a strike price of $30 is

babymother [125]

Answer:

Put Price = $4

Explanation:

We are applying Put Call Parity Theorem. Future Price + Put Price = Call Price + Strike Price

$30 + Put Price = $4 + $30

Put Price = $4 + $30 - $30

Put Price = $4

Thus, the price of six month put option = $4

7 0

3 years ago