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tino4ka555 [31]
3 years ago
7

In April, Holderness Inc, a merchandising company, had sales of $251,000, selling expenses of $17,000, and administrative expens

es of $28,000. The cost of merchandise purchased during the month was $161,000. The beginning balance in the merchandise inventory account was $37,000 and the ending balance was $51,000. Required: Prepare a traditional format income statement for April.

Business
1 answer:
Rainbow [258]3 years ago
3 0

Answer:

The net income is $59,000

Explanation:

Please refer to the attached file for calculation.

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The stock of Business Adventures sells for $50 a share. Its likely dividend payout and end-of-year price depend on the state of
Delvig [45]

Answer:

Holding period return = 14.49%, Standard Deviation = 11.08 approx

Explanation:

Eco Scenario    Dividend     Stock Price  HPR    Prob     Expected HPR

Boom                         3                 60         26        0.33        8.58

Normal                       1.2               58        18.4       0.33       6.072

Recession                  0.75            49        (0.5)      0.33      <u> (0.165)</u>

              Expected HPR                                                       14.49%

<u>Calculation Of Standard Deviation</u>

                                      (A)                     (B)           (A) - (B)  

P_{1}          P_{0}       D_{1}       Given return   Exp return       d          p           p.d^{2}

60        50      3            26                     14.49         11.51       0.33      43.718    

58        50      1.2          18.4                   14.49         3.91       0.33      5.045

49        50      0.75      (0.5)                    14.49        14.99     0.33      <u> 74.15</u>

                                                                                         Total p.d^{2} =  122.91

wherein, d = deviation

               p = probability

               Standard Deviation = \sqrt{Total\ p.d^{2} }  = \sqrt{122.91} = 11.08  

<u></u>

<u>Working Note</u>:

Holding period return = \frac{P_{1}\ -\ P_{0} \ +\ D_{1}  }{P_{0} }

Boom = \frac{60\ -\ 50 \ +\ 3  }{50 }   = 26%

Similarly, for normal = \frac{58\ -\ 50 \ +\ 1.2  }{50 }  = 18.4%

Recession = \frac{49\ -\ 50 \ +\ 0.75  }{50}  = (0.5)%

figure in bracket indicates negative return

7 0
3 years ago
A strategy to be the industry's overall low-cost provider tends to be more appealing than a differentiation or best-cost or focu
Zigmanuir [339]

The offerings of rival firms are essentially identical, standardized, commodity-like products.

<h3><u>Explanation:</u></h3>

Strategy refers to the plans that are made and executed by a firm in achieving the objectives. Niche refers to the segment of customer that is being focused by a business in selling its products and services. When any company sells its products and services at a lower cost than its competitors then it will achieve success and also will survive in the market rivalry.

Differentiation refers to the process of selling the similar products at different prices to different consumers  of different market. A strategy to overall low-cost provider of the industry tending to be more appealing when compared with the differentiation or best-cost or focus/market niche strategy when The offerings of rival firms are essentially identical, standardized, commodity-like products.

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Answer:

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Select the correct words to complete the statements about two different information sources for consumers.
Vesnalui [34]
The answers are as follows:
1. <span>A fast food chain that wants to inform consumers about its latest dollar menu item will most likely use NEW TECHNOLOGY AND MEDIA.
The fastest way for companies to get information across to their customers these days is through internet technology and its associated media. Information through these channel and fast and travel wide.

2. BLOGS </span><span>may inform consumers about other people’s opinions on the newest dollar menu item.
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4 0
3 years ago
Read 2 more answers
a shortage exists when the . a.) quantity supplied is greater than the quantity demanded b.) quantity demanded is greater than t
worty [1.4K]

A shortage exists when the quantity demanded is greater than the quantity supplied.

<h3>What is shortage ?</h3>
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  • Examples of shortage are food, water, energy and labor.
  • Changes in demand or supply  can occur for a variety of reasons.
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  • Rarity and rarity are two different things, and certain economic rarity characteristics set them  apart.
  • From an economic point of view, a bottleneck occurs when demand exceeds supply.
  • Supply and demand must match in order for the market to remain in equilibrium.
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To learn more about shortage  from the given link :

brainly.com/question/28457260

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