Answer:
a) $20,000
Explanation:
Hi, if Beverly exercises the option, that means that she bought the shares for $150 each, that is 200 shares * $150/share = $30,000. After that, in September 20,xx15, she sells the stocks for $250/share, which is 200 shares*$250 =$50,000.
So the gross income that Beverly recognizes in year xx15 is $50,000-$30,000 = $20,000 which is a)
Best of luck.
Answer:
7.47 times
Explanation:
The computation of operating leverage is shown below:-
= (Sales - Variable costs) ÷ (Sales - Variable costs - Fixed costs)
= ($1,896,000 - $804,000 - $180,000) ÷ ($1,896,000 - $804,000 - $180,000 - $520,000 - $270,000)
= $912,000 ÷ $122,000
= 7.47 times
The (Sales - Variable costs) = Contribution margin
The (Sales - Variable costs - Fixed costs) = EBIT
The correct answer is 7.47 times.Therefore, the option is not available.
During the <u>information search</u> stage of the buyer decision process she will ask her friends to recommend stores that sell good quality winter wear clothing.
<u>Explanation</u>:
As a buyer, we always look into lot of recommendations and options to buy a product.
Information search is the major phenomena while buying a product. Information search helps in making decision for a consumer or purchaser.
Information search can be classified into two types:
i) Internal research
ii) External research
Newspapers, magazines and even word of mouth help in providing information during decision making process. This information search before buying a product helps the consumer to make good decision and gain profit over their purchase.