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DiKsa [7]
3 years ago
11

Most colleges and universities have a campus activity board that brings entertainers and special events to campuses. To locate a

nd hire these entertainers, many campuses send their student activity board members to one of the seven regional conventions or the National Association of Campus Activities (NACA) convention. More than 100 entertainers, talent agencies, and companies that provide promotional services exhibit their products at these conventions in an area similar to a trade show. (Conference attendees call this the Marketplace.) Approximately 20 entertainers are selected to present a short program (called a showcase) in which they demonstrate what they would do if hired to perform on campus. Many other entertainers have videos and CDs, which they hand out to student attendees. Only one or two members of any student group can actually set up a contractual agreement with an entertainer or his or her agency. Other student attendees provide input as to which entertainers best match the demographics of their institutions. Refer to College Entertainers. When some of the entertainers visit campuses, they give free t-shirts to people who came to see them perform. These tee-shirts are examples of:
Business
1 answer:
Ratling [72]3 years ago
3 0

Answer:

(C)

Explanation:

Premiums is something given as a reward, prize, or incentive.

In this case, the college entertainers offered an incentive or reward (premiums) to the people who came to see them perform.

The shirts would encourage the people who came to see them perform to be present some other time.

For example, a grocery store may give free sweets to children who accompany their parents to the store.

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Vinca Inc. has paid a dividend of $1.2 a share last year. Yesterday, the firm announced that the dividend will increase by 10 pe
shtirl [24]

Answer:

option (d) $18.24

Explanation:

Data provided in the question:

Dividend paid last year = $1.2

Dividend growth rate for 3 years, g = 10%

After 3 years Dividend growth rate, g' = 4%

Required return, r = 12%

Now,

Present vale factor, PVF =  \frac{1}{(1+i)^n)}

Year       Dividend                      PVF @12%             Dividend × PVF

1            1.2(1+.10)= 1.32                0.89286                  1.1786

2            1.32(1+.10)= 1.452      0.79719                    1.1575

3            1.452(1+.10)= 1.5972      0.71178                     1.1369

3(Terminal value) 20.7636      0.71178                     14.7791

=====================================================

Current share price ∑(Dividend × PVF )                  ≈     $18.24

Note:

Terminal value at year 3 = \frac{D3(1+g')}{(r-g')}

= \frac{\$1.5972(1+0.04)}{(0.12-0.04)}

= $20.7636

Hence,

The correct answer is option (d) $18.24

5 0
3 years ago
You own a store. Beginning inventory on January 1 was $4,000. Ending inventory on December 31 was $4,500. You purchased $22,000
Butoxors [25]

Answer:

Explanation:

(a) The computation of the cost of goods sold is shown below:

= Beginning inventory + Purchase of new merchandise - ending inventory

= $4,000 + $22,000 - $4,500

= $21,500

(b) In the income statement, the total revenues and the total expenses are recorded.  

If the total revenues are more than the total expenditure then the company earns net income

And, If the total revenues are less than the total expenditure then the company have a net loss

This net income or net loss would reflect in the statement of the retained earning account.  

The preparation of the income statement is presented in the spreadsheet. Kindly find the attachment below:

7 0
3 years ago
What is an exchange rate? A. How much bonds are worth when they're exchanged with cash B. How much dollars are worth when they a
lidiya [134]

Hello!
The answer is

C. How much a currency is worth when it's exchanged with another country's currency.

Good luck!

6 0
3 years ago
If Push Company owned 51 percent of the outstanding common stock of Shove Company, which method would be appropriate for financi
Alexus [3.1K]

Answer:

Consolidation

Explanation:

Holding method is required for the parent company for financial reporting if the parent company owns 51 percent of more outstanding common stock in the subsidiary.

Here consolidate refers to the combining of total assets and liabilities of two or more entities into one so that it could be maintained as a one firm

Therefore for financial reporting consolidation is appropriate

6 0
3 years ago
Seasons Construction is constructing an office building under contract for Cannon Company and uses the percentage-of-completion
Alekssandra [29.7K]

Answer:

(C) $4,650,000 $ 5,250,000

Explanation:

total contract price is $ 18,600,000

season construction using percentage of completion method.

Amount of revenue & construction expense for the year ended december 31, 2020 will be

25% of $ 18,600,000 revenue = $ 4,650,000

25% of $ 18,750,000 total cost = $5,250,000

5 0
4 years ago
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