Change happens within people, but it also happens in how businesses are organized to address their hrmt440

Helena corporation declared a 2-for-1 stock split on 8,000 shares of $6 par value common stock. if the market price of the stock

Kryger [21]

In a 2 for 1 stock split, par value and market value will be 1/2 of what they were prior to the split and number of shares will be two times what it was.

So,

par value will be 6 x 0.5 = $ 3.00

market value will be 25 x 0.5 = $ 12.50

number of shares 8,000 x 2 will be 16,000 shares

3 0

3 years ago

Exhibit 4.1 The balance sheet and income statement shown below are for Koski Inc. Note that the firm has no amortization charges

jeyben [28]

Answer:

77%

Explanation:

Total debt to total capital ratio = Total liabilities / Total assets

Total debt to total capital ratio = $53,900 / $70,000

Total debt to total capital ratio = 0.77

Total debt to total capital ratio is the ratio of its total debt to its total capital, its debt and equity combined and it is use to measure a company financial solvency.

3 0

3 years ago

A firm knows that Mike’s income elasticity of demand for hair ties is 5 while for Sally it is 0.2. A firm can reason that a hair

bonufazy [111]

Answer:

1) Luxury

2) Necessity

Explanation:

1)The hair tie is a luxury good for Mike because Mike has a income elasticity of 5 which means that if mike's income decreases 1% his demand for the good decreases 5%, which shows that his demand for this good is highly sensitive to his income which is a characteristic of luxury goods, as you only buy luxury goods when your income increases.

2) It is a necessity for Sally because her income elasticity to the good is 0.2 which means every 1% change in income changes her demand by just 0.2%, which shows demand is not very sensitive to income and the quantity she buys them in dont rely much on her income, which is a sign of a necessity, you buy a certain amount of necessities regardless of your income.

6 0

3 years ago

St. Jude Medical makes cardiovascular medical devices, including the world's most widely used mechanical heart valve. Its produc

11111nata11111 [884]

Answer:TRUE

Explanation: Competitive advantage is a term used in business or economics to refer to Opportunity gained by a business organization over others either through REDUCED PRICE,BETTER QUALITY OF PRODUCT OR SERVICE,THROUGH ECONOMIES OF SCALE, THROUGH INNOVATION etc an organization with a good Competitive advantage will generate more Revenue compared to others. Competitive advantage helps to make an organization better than others.

7 0

3 years ago

Walton Company has provided the following 2018 data:

timurjin [86]

Answer:

Walton Company

Income Statement

Actual Budgeted Variances

Sales 510,400 $ 519,000 8,600 U

Variable product costs 183400 188,000 4,600 F

Variable selling expense 48100 46,000 2,100 U

Other variable expenses 5100 3,300 1,800 U

Contribution Margin 273,800 281,700 7,900 unfav

Fixed product costs 15460 15,700 240 F

Fixed selling expense 22920 23,400 480 F

Operating Income 235420 242,600 7,180 unfav

Other fixed expenses 1460 1,300 160 U

Interest expense 710 800 90 F

Net income 233,250 240,500 7,250 unfav

We calculate the actual amounts from the budgeted amount by adding the variances when they are unfavorable and subtracting them when they are favorable . But in case of sales this is reversed. The actual sales are calculated by subtracting unfavorable variance from budgeted sales.

The fav amounts are subtracted from the unfav amounts to get the results .

8,600 u + ( 4,600)F + 2,100 U +1,800= 7,900 unfav

3 0

3 years ago