Answer:
They should conduct a market research, since probably they are targeting the wrong market segment.
Explanation:
A market research, if done correctly, should allow them to gather information about who are their potential customers (target market) and what do they need or want.
To find the earnings per share (EPS) the equation is as follows:
EPS = (net income - dividends on preferred stock)/average outstanding common shares
EPS = (1,300,000-300,000)/400,000
EPS = 1,000,000/400,000
EPS = 2.50
Sol-tex has an earnings per share of $2.50
Answer:
c. An account that pays 0.5 %0.5% per month for three years.
Explanation:
We can evaluate all the option using following formula:
EAR = ( 1 + ( r / m ) )^m -1
a.
2.5% every six months for three years
r= 2.5% = 0.025 / 6 =
m = 12/6 = 2
EAR = ( 1 + 0.025 )^2 -1
EAR = 0.050625 = 5.06%
7.5% every 18 months for three years
r= 7.5% for 1.5 years = 7.5% / 18 = 0.4167% per month = 0.004167 per month
EAR = ( 1 + 0.004167 )^12 -1
EAR = 0.051166 = 5.12%
0.5% every month for three years
r= 0.5% = 0.005
EAR = ( 1 + 0.005 )^12 -1
EAR = 0.0616778 = 6.17%
We will prefer an account that pays 0.5 %0.5% per month for three years, it pays the highest return.
If Larry's Lariats produces 25,000 lassos and sells each for $10, then the company's total revenue is $250,000.
What is total revenue?
Revenue is the sum of money that a company makes by charging a certain price for its products or services. It is the starting point of an organization's income statement that establishes how much net income it generates after <u>deducting costs, taxes, and interest</u>. It is one of the most crucial line items for a business as a result. There are numerous perspectives on the same number, despite the fact that it may only be one. These different levels of insight are beneficial to investors, analysts, and businesses. Total revenue as well as marginal revenue are two of the most popular types of revenue.
To learn more about total revenue
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Answer:
$687,000
Explanation:
Intangible Assets are identifiable assets of a non-monetary asset and without physical substance. Intangible assets include trademarks, copyrights and goodwill that is acquired.
Important to note that Internally generated Goodwill is not defined as an assets. Thus, deposits with advertising agency of $35,000 are not included within tangible assets
<u>Calculation of Total Intangible Assets will be :</u>
Intangible Assets Calculation = (Copyrights) $ 58,000 + (Goodwill Acquired) $560,000 + (Trademarks) $69,000
= $687,000
Therefore,
Sandhill's balance sheet as of December 31, 2021 should report total intangible assets of $687,000