Price is the aspect of the marketing mix is concerned with how much a customer is willing to pay for a product.
A customer is a recipient of goods, services, products, or ideas obtained from a seller, vendor, or supplier through financial transactions or in exchange for money or other valuable consideration.
A customer is an individual or business that purchases goods or services from another business. Customers are important because they drive sales. Without them, companies cannot continue to exist.
The definition of customer is a person who purchases products or services at a store, restaurant, or other retail establishment. An example of a customer is someone who goes to an electronics store and buys a television.
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Full question attached
Answer and Explanation:
Answer and explanation attached
Answer:
$52,456,800
Explanation:
For computation of total stockholders’ equity first we need to find out the total capital stock and total paid in capital which is shown below:-
Total Capital stock = Preferred stock + Common stock
= $153,000 + $20,300,000
= $20,453,000
Total Paid in capital = Paid in capital in excess of par of common stock + Paid in capital in excess of par of preferred stock
= $25,000,000 + $59,000
= $25,059,000
Total stockholder equity = Total Capital stock + Total Paid in capital + Retained earning - Treasury stock
= $20,453,000 + $25,059,000 + $7,600,000 - $655,200
= $52,456,800 - $655,200
= $52,456,800
Therefore for computing the total stockholder equity we applied the above formula.
