Answer: Buyer dependency
Explanation: Buyer dependency refers to the situation when the supplier of a commodity is heavily dependent on one or two buyers for operating effectively in the market. This situation is common to those organisations that do business to business sales operations.
In the given case, Zimway made a majority of sales to couture and the other buyers purchase from it in small quantities.
Hence, from the above we can conclude that this case illustrates Buyer dependency.
Answer:
(b) After-closing balance in the Retained Earnings account on December 31, Year 1,
Total Stockholder's equity = Total assets - Total liabilities
= $220,000 - $66,000
= $154,000
After-closing balance of Retained Earnings = Total Stockholder's equity - Common stock
= $154,000 - $110,000
= $44,000
(a) Before-closing balance in the Retained Earnings account on December 31, Year 1.
Net Income = Revenue - Expenses
= $40,000 - $23,000
= $17,000
Before-closing balance of Retained Earnings:
= After-closing balance of Retained Earnings + Dividend paid - Net Income
= $44,000 + $3,200 - $17,000
= $30,200
(c) Before-closing balances in the following accounts:
Revenue = $40,000
Expenses = $23,000
Dividend = $3,200
(d) After-closing balances in the following accounts:
Revenue = $0
Expenses = $0
Dividend = $0
Because revenue and expenses are transferred to income statement and dividend are transferred to retained earnings.
Answer:
S1
Explanation:
Law of Supply, is the law which states or claims that all else being constant or equal, then the quantity supplied of the good increases when the price of the goods also increases.
Ans this states the positive relationship among the price and the quantity, thus an upward sloping curve. Therefore, it is the curve (supply curve), which is more likely for the CDs.
This curve shows the relationship among the amount that the sellers willing to and able to supply and the price of the CDs, which is called as the quantity of CDs supplied.
The suggestion suitable for Juan’s situation is for Juan to
check out the enterprises zones in the Colorado. Having to check this out will
help him to know where to locate his small business and to have a solution in
terms of limiting his tax liability in his business.
Answer:
The correct answer is $57.
Explanation:
According to the scenario, the computation of the given data are as follows:
Dividend = $11.40
Growth rate = -0.05
Required rate of return = 0.14
So, we can calculate the price by using following formula:
Price = Dividend × ( 1 + Growth rate) ÷ ( return rate - growth rate)
By putting the value, we get
= $11.4 × ( 1 - 0.05) ÷ ( 0.14 + 0.05)
= $57
