The options available are:
a. cause the stock price to decline by more than the dividend amount
b. not affect the stock price as long as the announcement was in line with expectations
c. cause the stock price to increase if the cut was greater than anticipated
d. the signal that the next dividend will be cut even further
Answer:
b. not affect the stock price as long as the announcement was in line with expectations
Explanation:
Given that the announcement will be made in line with the expectation of the investors, then the announcement of the decreased dividend payment will have no effect on the stock price. Thus, it will neither cause the price of the stock to decline not to rise since the investors are already aware of the market situation and there is no reason to make panic sales or enthusiastic buys.
Hence, the correct answer is option B.
Answer:
clothing, shoes, personal hygiene
Explanation:
Answer:
This is another reason to avoid placing the reference on your resume: If you're sending out resumes for several jobs, you may not have the opportunity to give your references ample warning. Provide your contacts with details on the job you're applying for and an up-to-date resume to help them prepare.
Explanation:
Answer:
b) accounts receivable: sales.
Explanation:
When sales are made on credit, no cash is received, hence, the appropriate entries would be to record expectation of future cash receipt by debiting accounts receivable while sales revenue is credited because sales are recorded when entity has delivered goods to the customer and not necessarily when cash in respect of the sales has been received
Answer:
Gross profit is $26,734.73
Explanation:
Cost per unit of production =$27,357/10,000
=$2.73
Cost of goods sold= Opening stocks +production - closing stock
Cost of goods sold = 0 +$27,357- ( $2.73 *(10,000-7,811) )
= $ 21,381.03
Gross Profit = ( $6.16*7,811 ) -$ 21,381.03
= $26,734.73
Gross margin = $26,734.73/$48,115.76 *100%= 55.56%
This represents profit portion before removing operational expenses .