Answer:
The Total Budgeted Sales of May is $944,000
Explanation:
Budgeted sales are those sales which a business estimated in a particular period of time. While budgeting the future value company calculated the sales cost and other expenses to minimize the uncertainty and prepare for the future.
As per given data
In May
Budgeted sales Volume = 3,200 cookwares
Budgeted price per unit = $295
Budgeted Sale value = Budgeted Volume x Budgeted Sales price = 3,200 cookwares x $295 = $944,000
Cash Sales = $944,000 x 25% = $236,000
Credit Sales = $944,000 x 75% = $708,000
The question was based on https://www.longbranch.k12.nj.us/cms/lib/NJ01001766/Centricity/Domain/661/Codys_Statement_of_Financi....
If we would divide the given facts into assets and liabilities the answer is poor. He went below because of his spendings.
Assets Liabilities
TV- 250 student loan 2600
Mp3 Player 200 credit card 1 850 Laptop 750 credit card 2 1200 Game system 250 loan from parents 200 watch 200 truck 3200 Checking Account 560 Savings Account 1 945 Savings Account 2 3400 TOTAL $ 6555 TOTAL $8050 LOSS $-1495
Answer:
0.11 or 11%
Explanation:
The computation of the required rate of return is given below:
Required Rate of Return is
= Next Year Dividend ÷ Current Market Price + Growth Rate
= $3.15 ÷ $52.50 + 0.05
= 0.06 + 0.05
= 0.11 or 11%
working note
Given that
Current Market Price = $52.50
As we know that
Growth Rate = Return on Equity × Retained Earning Ratio
Now
Return on Equity = EPS ÷ Book Value of Share
= $5 ÷ 40
= 12.50%
So,
Retained Earning Ratio is
= 1 - Dividend Payout Ratio
= 1 - 0.60
= 0.40
And,
Dividend Payout Ratio = DPS ÷ EPS
= $3 ÷ $5
= 0.60
Now
Growth Rate = 12.50% × 0.40
= 5%
So,
Next Year Dividend = Dividend Recently paid × (1 + growth rate )
= $3 × 1.05
= $3.15
Answer:
B) Innovation by Acquisition.
Explanation:
<u>Innovation by Acquisition </u>Is not just for technology companies.
We can analyze this statement from the example contained in the question above. For the acquisition of Hemerus Medical, by Haemonetics, a blood management solutions company, provided access to innovative blood collection and storage techniques.
Therefore, the acquisition innovation strategy is effective in all organizational segments, as the acquisition of a new company can give access to new forms of operation, new technologies, methods and procedures that will guarantee the innovation and the improvement of the systems of a company. organization.
Answer:
.D. the AAA.
Explanation:
The American Accounting Association (AAA) is a global accounting education, analysis and practice excellence organization. It is a voluntary group of people with a passion in research and education in accounting.
