Answer:
B) $3271.
Explanation:
Since Sheridan Company uses the effective interest method to account for Scott Company bonds, and it purchased them on discount, it must increase its debt investments by:
(market price x effective interest) - (face value x coupon rate) =
($1,650,375 x .055) - ($1,750,000 x .05) = $3,270.63 ≈ $3,271
since the bonds pay a semiannual coupon, the yearly interest rates must be divided by 2.
Answer:
the earning per share is $1.02
Explanation:
The computation of the earning per share is shown below;
Earnings per share = (additions to retained earnings + cash dividends) ÷ (No of common stock outstanding
)
= ($637,000 + $70,000) ÷ $690,000
= $1.02
hence, the earning per share is $1.02
We apply the above formula so that the correct per share value could come
Answer:
Cheeses from England.
Explanation:
First, let us define what Marketing Mix is:
- This refers to the number of strategies a company employs to promote its goods and services in the market. The four Ps of the marketing mix include Product, Price, Place and Promotion.
The goal of a marketing strategy is to create awareness among the target audience.
Feedback and surveys are ways in which a company informs its marketing mix strategy. Therefore, if it has been determined from the customer feedback from company surveys and cheese tasting that the Product the customers prefer is Cheese from England, then that is what should be produced and promoted.
It cannot be over emphasized that companies are in business because of the customers, so their opinion takes precedence, as the saying goes, customer is always right. Therefore, if the need of the customer is not met, the company will make no profits.
The company president and product director will have to do what the customer wants.
Better understand what the concept is
