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maksim [4K]
3 years ago
11

June Daye lives in the southern part of Alabama where winters are normally fairly mild. Last January, during an unusually cold s

pell, the water pipes in her house froze and burst. She had to look in the Yellow Pages to find a plumber who was able to come out and repair the pipes the same day. Prior to the frozen pipes, the plumber's services represent an example of a(n):
A. Unsought Service
B. Industrial Service
C. Specialty Service
D. Convenience Service
Business
1 answer:
Inga [223]3 years ago
6 0

Answer:

The correct answer is A) Unsought service

Explanation:

Unsought services are services that consumers do not know about, or that if they do know about, they do not want to buy them, or if they buy them, they do it not for desire, but because of fear or prevention.

In this case, June Daye probably did not even know that there were plumbers who could fix frozen pipes in the warm region where she lvies, and secondly, she did not pay for these services because she wanted to, she only made the payment because one the water pipes of her house froze.

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44000 Assets and costs are proportional to sales. The company maintains a constant 30 percent dividend payout ratio and a consta
Minchanka [31]

Answer:

Maximum Dollar Increase = $10079.76

Explanation:

(See attachment for full question)

INCOME STATEMENT

Sales ---------- $67,000

Costs ---------- $43,800

EBIT ------------ $23,200

Taxes (34%) ----$7,888

Net income ------$15,312

BALANCE SHEET

Current Assets ------$31,000

Fixed Assets --------- $118,000

Total ------------------- $149,000

Long-term Debt -----$68,000

Equity ------------------- $81,000

Total ----------------- $149,000

Dividend Payout Ratio = 30%

Plowback Ratio is calculated by: 1 - Dividend Payout Ratio

Plowback Ratio = 1 - 30%

Plowback Ratio = 1 - 30/100

Plowback Ratio = 1 - 0.3

Plowback Ratio = 0.7

Plowback Ratio = 70/100

Plowback Ratio = 70%

Return on Equity (ROE) is calculated by: Net Income/Total Equity

Net Income = $15,132

Total Equity = $81,000

ROE = $15,132/$81,000

ROE = 0.186815

ROE = 18.68%

Calculating Sustainable Growth Rate (SGR)

SGR = (ROE * Plowback Ratio)/(1 - ROE * Plowback)

SGR = (0.186815 * 0.7)/( 1 - 0.186815 * 0.7)

SGR = (0.1307705)(1-0.1307705)

SGR = 0.1307705/0.8692295

SGR = 0.150444157728194

SGR = 0.1504

Max increase = (Sales * SGR)= ($67,000 * 0.1504)

Max Increase = $10079.75856778905

Max Increase = $10079.76

7 0
3 years ago
As a leader of the audit team, what do you tell your employees to do first?
Bogdan [553]

Answer:

get to work or your not getting paid. that's what I would say

5 0
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what happens when ethanol is refluxed with acidified sodiumheptaoxodiochromate(4) solution for a long time​
salantis [7]

Answer:

1-butanol

Explanation:

7 0
3 years ago
1) Robolane Incorporated manufactures and distributes small robotic toys. Because most of its orders are via telephone or fax, n
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Answer:

Following are the Journal entries to the given question:

Explanation:

Accounts                                                              Dr                                        Cr

Robo Department Overhead Control              996

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Shop overhead control(80\times  2.30) \ \ \ \ \ \ \ \  \ \ \ \ \ \ \ \ \ 184

Finished Goods                                                  2000

Work in process control                                                                             2000

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3 years ago
An administrator receives an email message from what appears to be the company bank. the email asks for account information. the
dangina [55]
The security threat detected is fraud
4 0
3 years ago
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