Answer:
$6,000
Explanation:
The net operating income will increase by $6,000;
$70,000*30%-$15,000=$6,000
As the CM ratio is 30% and $15,000 are fixed expenses,net result will be increase in net operating income.
By inviting over 120 prospects to the event through direct mails, then the company that manufactures the health products is using a <u>seminar</u> to generate sales leads.
<h3 />
What is a sales seminar?
Generally, a sales seminar are organized by company to persuade clients or train its employee on how to sell its products.
In conclusion, the company that manufactures the health products is using a <u>seminar</u> to generate sales leads.
Read more about sales seminar
<em>brainly.com/question/23714927</em>
The court did not uphold the injunction because the property on which Mcpherson wants to build the Gas station that belongs to Mcpherson has the right to build a gas station on that so Mcpherson challenged this decision any upper court.
<h3>
What is an Injunction?</h3>
An injunction is a legal order requiring a person or entity to either cease doing or else start doing some specific action or task.
Thus, in this case, Mcpherson can challenge the lower court's decision in the upper court that prevents him from making a gas station on land that belongs to him.
Learn more about Injunction here:
brainly.com/question/18635611
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Answer:
low
Explanation:
cost of borrowing money is less
Answer:
Total Stockholders' Equity = $2,334,370
Explanation:
Note: See the attached excel file for the stockholders' equity section of the balance sheet for Finishing Touches as of December 31, 2018 with all the formulae used.
In the attached excel file, the retained earnings is calculated as follows:
Retained earnings = Net income – Common dividends - Preferred dividends = $149,000 - $94,000 - $1,330) = $53,670
From the attached excel file, we have:
Total Stockholders' Equity = $2,334,370
