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3 years ago

What is quantity control?

1 answer:

3 0

Quality control is involved in developing systems to ensure products or services are designed and produced to meet or exceed customer requirements. These systems are often developed in conjunction with other business and engineering disciplines using a cross-functional approach. The person most known for his work in quality control is W. Edwards Deming, a professor at nyu who had a great effect on Japanese manufacturing.

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Arcs and Triangles paid an annual dividend of $1.47 a share last month. The company is planning on paying $1.52, $1.60, and $1.6

77julia77 [94]

Answer:

The current market price per share is $14.82

Explanation:

The current price of the stock can be calculated using the DDM or dividend discount model. The DDM values the stock based on the present value of the expected future dividends from the stock.

The following is the formula for the price of the stock today,

P0 = D1 / (1+r) + D2 / (1+r)^2 + ... + Dn / (1+r)^n + Terminal value

The terminal value is the cumulative value of all the future dividends calculated when the dividend growth becomes zero or constant. In case the dividend growth becomes zero, like in this case, the terminal value is calculated as follows,

Terminal value = Dividend / r

Where,

r is the required rate of return
Dividend is the dividend which will remain constant through out the future

So, the price of this stock today is,

P0 = 1.52 / (1+0.11) + 1.60 / (1+0.11)^2 + 1.62 / (1+0.11)^3 +

(1.65 / 0.11) / (1+0.11)^3

P0 = $14.82

4 0

3 years ago

On November 1, 2013, Wenger Co. paid its landlord $4,260 in cash as an advance rent payment on its store location. The six-month

Lubov Fominskaja [6]

Answer:

The journal entry should be:

November 1, 2013, six months of rent paid in advance

Dr Prepaid rent 4,260

Cr Cash 4,260

Assets = liabilities + equity

cash prepaid rent

-$4,260 $4,260 $0 $0

Revenues - Expenses = Net income

$0 $0 $0

This operation represents an operating cash flow activity.

3 0

3 years ago

Gillian is consuming her optimal consumption bundle of peanuts and raisins. The marginal utility associated with the last peanut

olchik [2.2K]

Answer: The price of peanuts realitve to that of raisins must be 2.

Explanation: Mathematically, relative prices are defined as:

Relative price of Good A with respect to Good B = Price of A / Price of B

So: Relative price of peanuts respect to raisins = Price of peanuts / Price of raisins

...

Relative price of peanuts respect to raisins = 4 / 2 = 2.

3 0

3 years ago

A firm's immediate marketing environment differs from its macroenvironment is that the macroenvironment _____

chubhunter [2.5K]

Answer:

The macro environment represent the different external stakeholders who may be indirectly connected to the company

Explanation:A company macro environment represent the bigger picture within which the company is situated .this may include activities in other industries, government regulations and policies foreign markets,etc

5 0

3 years ago

Prepare journal entries to record each of the following sales transactions of EcoMart Merchandising. EcoMart uses a perpetual in

Rudik [331]

Answer:

Oct 1

Debit : Accounts Receivable $2,600

Debit : Cost of Sales $1,450

Credit : Sales Revenue $2,600

Credit : Merchandise $1,450

Oct 6

Debit : Sales Revenue $260

Debit : Merchandise $145

Credit : Accounts Receivable $260

Credit : Cost of Sales $145

Oct 9

Debit : Accounts Receivable $1, 250

Debit : Cost of Sales $1,450

Credit : Sales Revenue $1, 250

Credit : Merchandise $1,450

Oct 11

Debit : Cash $2,340

Credit : Accounts Payable $2,340

Explanation:

The perpetual method ensures that the cost of sales and inventory values are calculated after every transaction made.

Therefore, remember to show the cost of sale journal and the resulting decrease in inventory after every sale.

8 0

2 years ago