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3 years ago

12

a consumers goal in buying a good or service is to get the most out of his or her income, or to maximize total utility. this is

known as what?

1 answer:

PilotLPTM [1.2K]3 years ago

3 0

Surving in the new age world

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Dilution Solutions, Inc. repurchased 500 shares of its $2 par value common stock for $10,000. The effect of this transaction on

Sedbober [7]

Answer: $10,000 increase in Treasury Stock

Explanation:

Treasury stock, is also known refered to as the treasury shares and it occurs when stock is bought buy the issuing company back from the stockholders.

This results in the reduction in the total number of outstanding shares that can be found on the open market. In the above scenario, since Dilution Solutions, Inc. repurchased 500 shares of its $2 par value common stock for $10,000, this will bring about a $10,000 increase in the treasury stock.

3 0

3 years ago

The Vogt corporation paid a dividend of $4.20 on its stock in the year just ended. If the dividends are projected to grow at a r

Jet001 [13]

Answer:

cost of equity = 13%

Explanation:

With the info given, we will use cost of equity formula from Dividend Growth Model. THis is given by:

$k_e=\frac{D_1}{P_0}+g$

Where D_1 is the next year dividend or D_1 = D_0(1+g)

P_0 is current stock price

g is the growth rate

Since D_0 (dividend this year) is 4.20 and g = 6.4% or 0.064, we can calculate D_1:

$D_1=D_0(1+g)=4.2(1+0.064)=4.47$

Current share price is 68, so we can now calculate cost of equity:

$k_e=\frac{4.47}{68}+0.064=0.13$

Hence,

cost of equity = 13%

8 0

3 years ago

Sam's Pizzeria International Inc. operates and franchises pizza delivery and carryout restaurants worldwide. The following is an

Alisiya [41]

Answer:

The Adjusted trial balance is

Explanation: Amount in $

Dr. Cr.

Accounts Payable 38,882

Intangible Assets 82,031

Accounts Receivable 56,057

Interest Expense 4,089

Accrued Expense Payable 58,333

Interest Revenue 732

Accumulated Deprecation 337,564

Inventories 27,410

Capital 48,012

Land 32,890

Advertising Expense 63,473

Long Term Debt 230,561

Buildings & Leasehold 203,651

Long Term Note Receivable 12,821

Cash 20,142

Other Assets 42,540

Common Stock 483

Other Long Term Liabilities 64,213

Capital & Retained Earning 418,279

Prepaid and Other Current assets 36,838

Depreciation Expense 39,995

Rent and Utilities Expense 215,720

Equipment 320,520

Total <u>1,158,177 </u> <u>1,158,177</u>

<u>Note: </u>In absence of sales revenue, other expenses and paid up capital data which is missing in question, the capital and retained earnings are taken as balancing figure

4 0

3 years ago

Information related to Mingen back Company for 2015 is summarized below: Instructions: A. What amount of bad debt expense will M

Alex Ar [27]

Answer:

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Explanation:

5 0

3 years ago

Transformational leadership is a positive predictor of job performance and organizational commitment.

Taya2010 [7]

Answer:

a. True

Explanation:

Transformational leadership can be understood as a leadership style whose main objective is the motivation of employees. The transformational leader is the one who seeks to inspire employees through their own example and willingness to work, is the leader who assertively communicates with his team, seeking the autonomy of employees, building a relationship based on trust and increasing of creativity and organizational innovation.

This leadership style is a positive indicator of organizational performance and commitment because it is based on strengthening the organizational culture, where each employee has the possibility to contribute with innovative ideas in favor of the organization's objectives and goals, which creates a sense of greater appreciation and job satisfaction, greater motivation that increases the employee's creativity and productivity.

4 0

3 years ago