Because it is cheaper to manufacture shirts there
Answer:
A. the product life cycle is not a useful concept. it is often impossible to identify with precision where a product is in the product life cycle.
Explanation:
The product life cycle is broken into four stages: introduction, growth, maturity, and decline. This concept is used by management and by marketing professionals as a factor in deciding when it is appropriate to increase advertising, reduce prices, expand to new markets, or redesign packaging
Answer:
Jason Capital account will be increase by $24,800.
Explanation:
Salary and profit/loss are transferred to the capital account of each partner on predetermined sharing ratio.
Partners Franco Jason
Share Ratio 2 1
Salaries $14,400 $30,900
Profit Sharing <u>($12,200)</u> <u>($6,100)</u>
Net Effect $2,200 $24,800
Franco share = Total loss x Franco share ratio = $18,300 x 2/3 = $12,200
Jason share = Total loss x Jason share ratio = $18,300 x 1/3 = $6,100
Answer:
C) This is referred to as accretion of the security.
Explanation:
The security is amortized when the principal and interest is employed in paying down the debt.
Answer:
13.33%
Explanation:
Data provided in the question:
Number of shares bought = 150
Price per share = $15.00
Dividend received = $50.00
Value of the stock at the end of the year = $2,500
Now,
Total investment = Number of shares bought × Price per share
= 150 × $15.00
= $2,250
Return on stocks
= Value of the stock at the end of the year + Dividend received - Total investment
= $2,500 + $50 - $2,250
= $300
Therefore,
Rate of return on stock = [ Return of stock ÷ Amount invested ] × 100%
= [ $300 ÷ $2,250 ] × 100%
= 13.33%
