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-Dominant- [34]
3 years ago
7

Foster, who owns a successful business with two locations and a few international clients, was approached by a large organizatio

n about dramatically expanding his company. Foster later told his wife that he is happy with his success, but he wants to stay small because if he decides to add new products, small companies
Multiple Choice: 1. take more time to start new endeavors 2. typically maneuver slowly with new ideas 3. can get started more easily and maneuver faster 4. tend not to change due to inexperienced management 5. can adjust more easily to capital shortages
Business
1 answer:
Nadusha1986 [10]3 years ago
4 0

Clearer question;

Tom, who owns a successful business with two locations and a few international clients, was approached by a large organization about dramatically expanding his company. Tom later told his wife that he is happy with his success, but he wants to stay small because if he decides to add new products, small companies ____.

Answer:

<u>3. can get started more easily and maneuver faster</u>

Explanation:

Remember, a small company is officially viewed as one having less than 500 employees.

So, Tom's business qualifies as such, and it is quite true to a large degree that small companies can get started more easily and maneuver faster since they require less staff management.

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Wallace Container Company issued $100 par value preferred stock 10 years ago. The stock provided a 7 percent yield at the time o
pshichka [43]

Answer: kp = D/Po

               D = 0.07 X $100 = $7

               kp  = 7/63

               kp = 11.11%

Explanation: The dividend paid on the preferred stock is 7 percent of the par value and the current market price is $63. Thus, the cost of preferred stock can be obtained by dividing the dividend paid by the current market price of the preferred stocks.

3 0
3 years ago
Prepare the journal entry to record Zende Company’s issuance of 66,000 shares of $5 par value common stock assuming the shares s
eduard

Answer:

The journal entry to record Zende Company’s issuance of 66,000 shares of $5 par value common stock assuming the shares sell for $5 cash per share would be                    

                    Debit       Credit

Cash           $330,000

Common stock             $330,000

The journal entry to record Zende Company’s issuance of 66,000 shares of $5 par value common stock assuming the shares sell for $6 cash per share would be        

                                                             Debit               Credit

Cash                                                    $396,000

Common stock                                                        $330,000

Paid in capital in excess of par value                      $66,000

Explanation:

The journal entry to record Zende Company’s issuance of 66,000 shares of $5 par value common stock assuming the shares sell for $5 cash per share would be as follows:

                    Debit       Credit

Cash           $330,000

Common stock             $330,000

Par values of the share of common stock=$66,000*5

Par values of the share of common stock=$330,000

The journal entry would be prepared by debiting cash and crediting common stock by $330,000

The journal entry to record Zende Company’s issuance of 66,000 shares of $5 par value common stock assuming the shares sell for $6 cash per share would be as follows:

                                                             Debit               Credit

Cash                                                    $396,000

Common stock                                                        $330,000

Paid in capital in excess of par value                      $66,000

cash=66,000*$6

cash=$396,000

Common stock=$66,000*5=$330,000

Paid in capital in excess of par value=$396,000-$330,000=$66,000

4 0
3 years ago
Utica Company’s net accounts receivable was $250,000 at December 31, 2016, and $300,000 at December 31, 2017. Net cash sales for
dexar [7]

Answer:

Total Net Sales = $1475000

Explanation:

Average Accounts Receivables = (250000 + 300000) / 2

Average Accounts Receivables = 275000

Accounts Receivables Turnover = Credit sales / Average Accounts Receivables

So,

5 = Credit Sales / 275000

5 * 275000 = Credit Sales

Credit Sales = $1375000

Total Sales = Credit Sales + Cash Sales

Total Sales = 1375000 + 100000 = $1475000

8 0
3 years ago
Read 2 more answers
__________ is a growing tool for managers to enhance communication and collaboration in support of empowered or bossless work en
Dafna11 [192]

Answer:

The correct approach will be "Social media ".

Explanation:

  • Social media become web-based communication platforms that always allow the individual to communicate with one another through intelligence sharing as well as consumption.
  • It is an internet-connected communication method whereby the participants build virtual forums to exchange knowledge, ideas, private correspondence, and certain other functionality.
3 0
3 years ago
Select the correct answer. Which of the following can be classified as secondary data? A. focus groups B. telephone surveys C. g
BARSIC [14]
I would pick D. Because the customer would be giving feedback from their own personal experience from the product they bought.
6 0
3 years ago
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