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poizon [28]
2 years ago
11

The markdown could be a dollar amount or a

Business
1 answer:
BabaBlast [244]2 years ago
4 0

Answer:

Percentage of the selling price

Explanation:

Markdown refers to a reduction in the regular selling price of an item. When a trader wants to clear some old inventory or in a sales promotion, they may reduce the regular price to attract more customers. The rate at which the price has been reduced in the markdown.

Markdown can be given in dollar amount. The seller indicates the amount of money that has been knocked off the price. Markdown can also be expressed as a percentage of the regular selling price. In such a case, the new price after the markdown has to be calculated.

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Rory is the CFO of McIlroy Golf Designs Inc. MGDI earned $13 million last year and maintains a 30% dividend payout ratio. The co
BaLLatris [955]

Answer:

<u>Price per share of MGDI's stock is $78</u>

Explanation:

Earnings per share=Total earnings/Shares of common stock outstanding

=(13/2)=$6.5

PE ratio=Stock price/Earnings per share

Stock price=$6.5*12

=$78.

5 0
2 years ago
On January 1, 2018,Gillock Climbing Academy instituted a defined benefit pension plan for its employees. The annual service cost
Ivan

Answer:

Find the answer below in explanation

Explanation:

Gillock Climbing Academy Pension Expense for the year 2019 will be recorded as

Service cost ............................................. 600,000.00

Interest (600000 × 10%)................................60,000.00

plan assets (40000 from 2018 + 32000 interest + 400000 made in current year)............... 832000

Expected return Interest on plan asset (832000*8%) ........................................ 66,560.00

Pension Expense for the year ended December 31, 2019 = 600000 -  (66,560.00 - 60000)

= 600,000−6,560

= $593,440.00

3 0
3 years ago
The government of Junta took Fuel Safe Corp., a domestic energy firm, into state ownership to save the company from bankruptcy.
Elenna [48]

Answer:

These are the options for the question:

market-based

communist

command

laissez-faire

mixed

And this is the correct answer:

mixed

Explanation:

A mixed economy is an economy that either:

  • Mixes state intervention with a free-market economy.
  • Has some sectors of the economy run in market-based style, and other sectors in a planned-style.
  • Has coexistence of public enterprises and private enterprises.

In the question, we have an example of a mixed economy because in the energy sector (a crucial sector in any economy), there is one public company competing against private companies.

The economy becomes even more mixed when the government lowers the tax rates of the private companies, so that both the public firm and the private firms compete under the same conditions.

8 0
2 years ago
Cynthia, a copy editor at a leading daily newspaper, wants one month's leave from work. Because of tight deadlines, her supervis
Mashutka [201]

Answer:

valence

Explanation:

Based on the information provided within the question it can be said that this scenario best illustrates the factor of valence. In the context of psychology this term refers to the attractiveness or adverseness of a situation, event or object. Which in this case would be Cynthia's one month leave, which depending on which perspective you take (Cynthia's or her Boss') it may either be viewed as good or bad.

8 0
3 years ago
A rent ceiling set below the equilibrium rent
Anna [14]

A rent ceiling set below the equilibrium rent creates a situation in which the quantity demanded of housing is greater than quantity supplied.

<u>Option: C</u>

<u>Explanation:</u>

Rent limit is the highest price a property owner can demand for rent. Rent ceilings are typically fixed by legislation and limit how high the rent can be in a given area. Although, the amount of affordable housing is also reduced as a consequence of this rule, as tenants are not interested in renting out their properties at a cheap price.

Nevertheless, if the limit is placed underneath the level of equilibrium then a reduction of deadweight is produced. Many issues come in the form of illegal markets, scanning time and charges that aren't leased precisely like key money i.e. high initial cost for new keys.

4 0
3 years ago
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