Is Starbucks bucking the trend of other food-service stores, or is something else going on?

Sonic Inc. manufactures two models of speakers, Rumble and Thunder. Based on the following production and sales data for June, p

photoshop1234 [79]

Answer:

SONIC INC.

SALES BUDGET

FOR THE MONTH ENDING JUNE 30

Product and Area Unit sales volume Unit selling Price Total sales

Rumble

Midwest Region 12,000 $160 $1,920,000

South Region 14,000 $160 $2,240,000

Total 26,000 $4,160,000

Thunder

Midwest Region 3,500 $200 $700,000

South Region 4,000 $200 $800,000

Total 7,500 $1,500,000

Total Revenue from sales = $4,160,000 + 1,500,000 = 5,660,000

2. SONIC INC.

PRODUCTION BUDGET

FOR THE MONTH ENDING JUNE 30

UNITS RUMBLE UNITS THUNDER

Expected unit to be sold 26,000 7,500

Add: Desired Inventory June 30 500 250

Total 26,500 7,750

Less: Estimated Inventory June 1 750 300

Total units to be produced 25,750 7,450

7 0

3 years ago

Does the good news conveyed by the announcement of a dividend increase mean that a firm can increase its stock price in the long

vivado [14]

Answer:

True

Explanation:

Yes, as there is an increase in dividend with the same expected return, share price increases using dividend growth model.

As for example current dividend = $5

And expected return = 10%

Price of share = 5/10% = $50

In case dividend is increased to $10 then share market price = $10/10% = $100

Now, with an increase in dividend rate, there is an increase in market price accordingly company can raise dividend in order to raise the share price accordingly.

Further, this might not be possible when dividend is fixed for the period as dividend is fixed with no further growth rate the price will also be fixed. So every time when the price is to be increased, the dividend has to be increased.

Therefore, above statement is true.

5 0

3 years ago

True or false: when a company issues common stock, it gives cash to its owners in exchange for stock.

rewona [7]

When a company issues common stock, it gives cash to its owners in exchange for stock is False Option(b) is correct. Since common stock is more presented to the dangers of the business than bonds or favored stock, it offers a more prominent potential for capital appreciation.

<h3>What is a Common stock?</h3>

Common stock is a type of corporate value possession, a kind of safety. The terms casting a ballot offer and conventional offer are likewise utilized regularly beyond the US.

They are known as value offers or standard offers in the UK and other Commonwealth domains. This sort of offer gives the stockholder the option to partake in the benefits of the organization, and to decide on issues of corporate approach and the arrangement of the individuals from the governing body.

The proprietors of common stock own no specific resources of the organization, which have a place with every one of the investors in common.

A partnership might give both standard and inclination shares, in which case the inclination investors have need to get profits. In case of liquidation, standard investors get any leftover supports after bondholders, lenders (counting representatives), and inclination investors are paid.

At the point when the liquidation occurs through insolvency, the conventional investors don't ordinarily get anything.

Therefore Option(b) is correct.

Learn more about stock here:

brainly.com/question/14649952

#SPJ2

8 0

2 years ago

Read 2 more answers

The general fund collects taxes that are legally restricted for use in a future year. The amount of the collections is reported

brilliants [131]

Answer: A. Balance sheet as a deferred inflow.

Explanation:

A general fund is the primary fund used by a government entity. This fund is used to record all resource inflows and outflows that are not associated with special-purpose funds. The activities being paid for through the general fund constitute the core administrative and operational tasks of the government entity

5 0

4 years ago

Read 2 more answers

Which activity is an example of differentiated marketing? A. An automobile company promotes small family cars and sports utility

bogdanovich [222]

Answer: A. An automobile company promotes small family cars and sports utility vehicles to a specific demographic.

Explanation:

Differentiated marketing is a form of marketing that occurs when the advertisement that is done by a particular company appeals to some particular target audiences or segments. Thus is usually done by the company to get ire customers and also enhance the brand awareness.

In this case, the activity that is an example of differentiated marketing will be option A. "An automobile company promotes small family cars and sports utility vehicles to a specific demographic".

7 0

3 years ago