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Burka [1]
4 years ago
13

You work for a fabric company that sources unique materials from around the world. In the past, you have focused solely on the b

usiness of supplying fashion designers with fabric they make into dresses. However, you've recently recognized an opportunity to expand the business by supplying stores like Jo-Ann Fabrics that sell sewing and craft goods to consumers who sew at home.
If you pursue this opportunity, in which direction would your company be expanding?
a. From one reseller market to another.
b. From a commercial market into a reseller market.
c. From a materials market to a reseller market.
d. From a business market to a consumer market.
e. From a fabric market into a home goods market.
Business
1 answer:
Kay [80]4 years ago
5 0

Answer:

b. From a commercial market into a reseller market.

Explanation:

It is a commercial marketing following the fact that the marketing organization defines success primarily in terms of financial gain.

This financial gain is the same reason for expansion.

Supplying to other stores who will in turn sell to others makes it a reseller market.

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Dove, Inc., had additions to retained earnings for the year just ended of $637,000. The firm paid out $70,000 in cash dividends,
Viktor [21]

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

8 0
3 years ago
You made an error when you filed your tax return last year. You can correct this error by filing Form________
castortr0y [4]

Answer:

1040X

Explanation:

Form 1040X should be filled to make any amendments in the returns filed incorrectly. It is similar to Form 1040 with additional columns. It has additional columns, first column (A) where incorrect value is put, net change is put in the second column (B) and in the final column (C), correct amount is put. After recalculation, if a taxpayer owes additional tax, then 1040X should be filed by the due date. In case of refunds, 1040X can be filed within 3 years after the original returns were filed or 2 years from original tax paid.

4 0
4 years ago
Hurricane Industries had a net income of $129,650 and paid 40 percent of this amount to shareholders in dividends. During the ye
oksano4ka [1.4K]

Answer:

a. 28390

Explanation:

Stockholders cash flow is the net of cash inflows from stockholders and cash outflows to stockholders.

Net Income = $129,650

Payout Ratio = 40%

Cash outflow

Amount of Dividend Paid = $129,650 x 40% = $51,860

Cash Inflow

Common stock issue = $80,250

Net Stockholder's cash flow = $80,250 - $51,860

Net Stockholder's cash flow = $28,390

8 0
3 years ago
Read 2 more answers
A company issued 5-year, 8% bonds with a par value of $94,000. The company received $91,947 for the bonds. Using the straight-li
lesya692 [45]

Answer:

interest expense for the first semiannual interest period and subsequent: 3,965.3 dollars

Explanation:

face value      94,000

proceeds        91,947

discount           2,053

under straight-line method the discount amortization will be equally distributed among the payment

2,053 / 10 payment dates = 205.3

Then, we have to add the cash outlay in favor of the bondholders:

94,000 face value x 8% coupon rate / 2 payment per year = 3,760

Total interest expense: 3,760 + 205.3 = 3,965.3

7 0
3 years ago
Zoo Inc. is preparing its cash budget for March. The budgeted beginning cash balance is $27,000. Budgeted cash receipts total $1
kicyunya [14]

Answer:

                                                     Zoo Inc.

                              Cash budget for the month of March

                                                                    Amount in $

Beginning cash balance                                  27,000                

Add:

Cash receipts                                                 106,000

Total cash available                                       133,000

Less:

Cash disbursements                                      (93,000)

Ending cash balance before borrowing         40,000

Desired ending cash balance                        <u> 65,000</u>

Cash excess (deficiency)                                <u>(25,000)</u>

The borrowing required to attain desired ending cash balance  is $25,000

Explanation:

Cash budget is a forecast of the net cash flows to/from an entity over a given period of time.

Details of the cash budget include the opening cash balance, the expected expenses or outflows of cash, the expected inflows and the closing balance expected as a result of the three (3) items mentioned earlier.

7 0
3 years ago
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