Answer:
B. 100 shares of ABC preferred stock
Explanation:
Shares are ownership stakes of a company that are given out to individuals who contribute to capital base of a company.
Preference shares are those whose owners recieve preference in payment of dividends, a fixed dividend is paid to them.
Ordinary shares recieve less preference when dividend is paid, usually coming last in divedend payment.
In this scenario ABC has decided to pay 10% stock dividend. This will be paid to ordinary share holders.
So the person with 100 preference shares will have 100 preference shares
10% of par value of $100 is 0.1 * 100= $10
Number of shares are 100 so the value is now 100 * $10 = $1,000
Since the conversion rate of preference to ordinary shares is 10:1
Number of preference shares= 1,000 ÷ 10= 100 preference shares
Answer:
Legal and environmental.
Explanation:
PEST is a short form for political, economic, social, and technological factors. These are external factors likely to impact business performance. Entrepreneurs should analyze, understand them, and include their effects in business plans.
Other external factors that may affect business performance are legal and environmental.
For the legal factors, an entrepreneur should analyze the impact of possible changes in laws and legal interpretations on their businesses. In the environmental analysis, the entrepreneur should be aware of the industry's environmental regulations and restrictions. They should plan for possible changes in license limitations.
Answer:
(a) $700
(b) $5.50
Explanation:
Weekly fixed costs = $6,000
Weekly Total meals = Average customers per day × No. of days
= 500 × 6
= 3,000
Fixed cost per meal = Weekly fixed costs ÷ Weekly Total meals
= $6,000 ÷ 3,000
= $2
(a) Lowest price in total = Number of customers × Variable costs for each meal
= 200 × $3.50
= $700
(b) Lowest price = Variable costs for each meal + Fixed cost per meal
= $3.50 + $2
= $5.50
