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3 years ago

The markdown could be a dollar amount or a

Business

1 answer:

BabaBlast [244]3 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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On January 1, 2019, Cullumber Company had $1,000,000 of common stock outstanding that was issued at par. It also had retained ea

Flauer [41]

Answer:

<em>a. Par value is $10, and market price is $19. b. Par value is $5, and market price is $20.</em>

Explanation:

4 0

3 years ago

Select all the correct answers.

Tems11 [23]

I believe the answer is: goodwill with trade partners

Protectionism refers to the act of protecting local businesses by imposing tariff or quota to the goods that come from another countries. When a country impose these, the other countries would usually retaliate by doing the same thing for the goods from our country (Decrease in goodwill)

8 0

3 years ago

Read 2 more answers

The institution-based view driving alliances and acquisitions focuses on _____ concerns.

Georgia [21]

Answer: (A) Antitrust

Explanation:

Antitrust is one of the type of law that basically monitor the economical power distribution in terms of business.

It is basically refers to the competitive law which is developed by the united state government for protecting the consumers from the various types of business practices.

It mainly ensure that the fairness in the competition in the market. Antitrust concerns are mainly focus on the institutional acquisitions and the alliances.

Therefore, Option (A) is correct.

7 0

3 years ago

"Dream, Inc., has debt outstanding with a face value of $4 million. The value of the firm if it were entirely financed by equity

Artist 52 [7]

Answer:

expected bankruptcy costs = $190000

Explanation:

given data

face value = $4 million

equity = $18.6 million

stock outstanding = 510000 shares

sell price = $31 per share

corporate tax rate = 35 percent

to find out

decrease in the value of the company due to expected bankruptcy costs

solution

we get here value of levered firmed by M & M proportion

value of levered firm = value of equity + value of debit

value of levered firm = $18.6 million + 35% ( $4 million)

value of levered firm = $20 million

and

now we get total market value of firm that is

total market value of firm = market value of equity + market value of debit

total market value of firm = $31 ( 510000 ) + $4 million

total market value of firm = $19810000

so expected bankruptcy costs are here as

expected bankruptcy costs = $20 million - $19810000

expected bankruptcy costs = $190000

7 0

3 years ago

On January 1, Year 1, Zero Company obtained a $52,000, 4-year, 6.5% installment note from Regional Bank. The note requires annua

Gnom [1K]

Answer:

$ 11,799 is the principal balance of the note payable.

Explanation:

The Interest expense for the installment note on the year of the December 31, year can be determined by the following equation that are mention below

$= 52,000 * 6.5\ percent$

$52,000 * \frac{6.5}{100}$

$= $\ 3,380$

Now the Principal balance of the component in $15,179 payment of the December 31, year 1 can be determined by the

$principal\ and \ interest\ of \ note\ annual\ payments - Interest\ expense \ for\ the\ installment\ note$

$= 15,179 -3,380$

=$ 11,799

5 0

3 years ago