Answer:
Rye's earnings per share = $2.41 per share (Approx.)
Explanation:
Given:
Number of Average outstanding common share = 196,000
Net income =$470,400
Number of authorized common share = 395,000
Number of treasury shares = 24,000
Number of issued shares 220,000
Find:
Rye's earnings per share
Computation:
Earnings per share = Net income / Number of Average outstanding common share
Rye's earnings per share = 472,400 / 196,000
Rye's earnings per share = $2.41 per share (Approx.)
Answer:
MARKET SEGMENTATION, TARGET MARKETING
Explanation:
In marketing defining the customer that a product will serve is a very important step in making a profitable venture. If a product is promoted to a wrong customer, chances are they will not buy.
Two methods of determining who a product will serve are market segmentation and target marketing.
Market segmentation is the process by which a set of customers are divided into groups on the basis of some shared characteristics. For example education, income level, and demography.
Target marketing is a subset of the total market for a good or service. It is a group of people that have been identified and targeted for promotional efforts.
A charity, for exampl,e is not a business organizaaation.
