The Transcontinental Railroad affected companies that made products because c<span>ompanies could ship goods cheaply over long distances.</span>
Answer: $76.92
Explanation:
From the question, Zylo inc preferred stock pays a 7.50 annual dividend, the maximum price that will be willing to be paid for one share of this stock today if the required return is 9.75% will be calculated as:
= Dividend / Required return
= $7.50 / 9.75%
= $7.50/0.0975
= $76.92
The maximum price willing to be paid is $76.92.
Answer:
c) External benchmarking
Explanation:
This is a commonly known and spread out form of competition analysis, where a company examines the good practices of other companies. Benchmarking is a great way to see the actual industry trends and determine the next action plan. Although it may be deemed as "copying" sometimes, benchmarking is the only method to properly assess competition.
Answer:
Correct answer is $4,000
Explanation:
During the purchase on April 2, Icon Co. should recognize the gross amount of $4,000 purchases. Unless it is clearly stated in the problem that Icon Co. uses net method in recording discounts, said discount will be recognized and recorded upon payment of the purchases that falls into the discounted period of contract. Purchase returns will be recognized on the day the company made it.
