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3 years ago

Which of the following is a primary market transaction?

Business

1 answer:

Naddika [18.5K]3 years ago

7 0

Answer:

d. IBM issues 2,000,000 shares of new stock and sells them to the public.

Explanation:

In the Primary market, new shares are issued for the first time.

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Why do you think organizations tend to focus on the creation of one type of value but not both?

cluponka [151]

Organizations tend to focus on the creation of one type of value but not both because organizations do believe that the social value created by any organization has equal importance as their economic value. Due to this organizations believe that the creation of any value either the social value or economic value is enough.

Social value means the enhancement of the people and their lives by the combination of different resources.

Economic value means the creation of money or value in any economy by the organization.

To know more about social value here:

brainly.com/question/17176506

#SPJ4

4 0

2 years ago

Oslo Company prepared the following contribution format income statement based on a sales volume of 1,000 units (the relevant ra

MakcuM [25]

Answer:

Explanation:

Given that the relevant range of production is 500 units to 1,500 units, the cost elements are fixed and variable. All the items listed will change as a result of a 5% increase in sales, only the fixed expense will not be affected when the activity level changes from 1000 units to 1050 units.

The 1050 units represents the units sold where there is a 5% increase.

= 1000 × 1.05 = 1050 units

As such,

Sales (1050 units) = 1050/1000 × $80,000 = $84,000

Variable expenses (1050 units) = 1050/1000 × $52,000 = $54,600

As such, If the company sells 1050 units

Amount in $

Sales 84,000

Variable expenses (54,600)

Contribution margin 29,400

Fixed expenses (21,840)

Net operating income 7,560

Estimated percent increase in net operating income = (7560 - 6,160)/6,160 × 100%

= 1,400/6160 × 100%

= 22.73%

4 0

3 years ago

Score skateboard company is a small firm that designs and manufactures skateboards for high school and collage students who want

ikadub [295]

Answer:

a. $1553

b. $1,303

c. $5,618

Explanation:

SUTA is 5.4% for employees if the total salary is below $7,000

In the provided scenario the salary is less than that as $7,000/6 employees = $1,167 each employee. The maximum salary is $1,100 in the scenario.

SUTA = $7,000 * 5.4%

SUTA = $378

Retirement Fund = $75

Gross Salary = $1,100

$378 + $75 + $1,100 = $1553

SUTA = $7,000 * 5.4%

SUTA = $378

Retirement Fund = $75

Gross Salary = $850

$378 + $75 + $850 = $1,303

SUTA = $7,000 * 5.4%

SUTA = $378 * 6 employees

SUTA = $2,268

Retirement Fund = $75 * 6 employees

Retirement Fund = $450

Gross Salary = $150 * 4 employees

Gross Salary = $600

Gross Salary = $1,150 * 2 employees

Gross Salary = $2,300

Total Gross Salary = $2,900

Total Gross Pay = $2,268 + $450 + $2,900

Total Gross Pay = $5,618

8 0

3 years ago

Examine the quarterly sales data in a little different way. Contruct two pie charts, one for sales in 2012 and the other for sal

julsineya [31]

Answer:

sales are becoming less seasonal

Explanation:

besides constructing a pie chart, we can also answer this question by percentages (which is more exact).

2012:

total sales = $69,338

Q1 sales = $10,613 / $69,338 = 15.31%

Q2 sales = $6,424 / $69,338 = 9.26%

Q3 sales = $19,283 / $69,338 = 27.81%

Q4 sales = $33,019 / $69,338 = 47.68%

2013:

total sales = $142,238

Q1 sales = $30,342 / $142,238 = 21.33%

Q2 sales = $33,867 / $142,238 = 23.81%

Q3 sales = $34,246 / $142,238 = 24.08%

Q4 sales = $43,783 / $142,238 = 30.78%

During 2012, almost 50% of total sales happened during Q4, something similar to selling toys which are extremely seasonal due to Christmas.

During 2013, this changed since Q4 sales only represent 30% of total sales. Sales increased during Q1 and Q2, and slightly decreased in Q3. They are much more similar now, since sales are almost evenly spread throughout the year.

7 0

2 years ago

When a distributor is involved in international trade, there are two sets of invoices: one set between the exporter and the dist

Tanzania [10]

Answer:

A. True

Explanation:

Invoices also called bills in accounting is used for recording sales transactions and to account for requests and receipts for payments.

If a distributor becomes involved in trade beyond national borders, Two sets of invoices are used. The international trade invoices (1st set of invoices) being the transaction details between the seller (exporter from other country) and the buyer who is the distributor (importer). While the local or domestic involves (2nd set of invoices) would show transaction details between the distributor (who's now the seller) and the buyers or customers.

This happens because the two transactions are separate containing separate information of seller's and buyer's name, addresses, contacts details, tariffs or taxes and so on.

8 0

3 years ago