1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
mojhsa [17]
3 years ago
4

Cynthia is interested in investing in Clothing Unlimited Inc. Which attribute from the stock quote can Cynthia use to determine

how the stock has performed over the past year?
A. current price
B. net change
C. open price
D. a positive or negative result for the one-year change
E. previous close price

Business
1 answer:
Ghella [55]3 years ago
4 0

Answer:

D. a positive or negative result for the one-year change

Explanation:

The most relevant parameter of a stock's performance is the stock's returns. If a stock has been consistent in producing good returns,  the past financial year's results play a big role in determining whether to invest in its stock or not.

If Cynthia is interested in investing in Clothing Unlimited stock, she needs to look at its past performances and compare it with lay year's results. If the stock has been yielding consistent positive results, there is a big possibility that the trend will continue into the future.

You might be interested in
What is the difference between Special warranty deed vs general warranty deed
GenaCL600 [577]

General warranty deed  and Special warranty deed are warranty deeds used for real estate sales where belongings, either residential or commercial, is transferred between organization unacquainted with each other. Possession of a property is transferred from the seller to the buyer with definite assurance against future problems or claims, which will defend the buyer against fraud.  

However, the assurance in a General warranty deed will cover the belongings entire previous account, the  Special warranty deed will only covers the time period for which the seller owned it. While the seller in a General warranty deed has to protect the title against all other assertion and compensate the buyer for any tentative debts or amends, the seller in Special warranty deed is only responsible for debts and problems accumulated or caused during his possession of the belongings.

6 0
3 years ago
Financial Statements of a Manufacturing Firm The following events took place for Rushmore Biking Inc. during February, the first
Katyanochek1 [597]

Answer:

Required a.

<u>Rushmore Biking Inc. </u>

<u>Income Statement For the Month Ended February 28 </u>

Sales Revenue                                       $1,033,500

Less Cost of Sales                                  ($577,400)

Gross Profit                                               $456,100

Less Expenses :

Selling expenses                 $248,300

Administrative expenses      $92,400  ($340,700)

Net Income/(Loss)                                    $115,400

Required b.

Materials inventory, February 28  is $41,000

Work in process inventory, February 28 is $24,800

Finished goods inventory, February 28 is $17,100

Explanation:

First, Calculate the Costs of Goods Manufactured, then the Income Statement

Manufacturing Costs Schedule

Direct Materials                                                  $252,100

Direct labor                                                         $216,000

Overheads ($216,000 × 70%)                            $151,200

Total Manufacturing Costs                                $619,300

Less Transfer to Finished Goods                   ($594,500)

Closing Work In Process Inventory                   $24,800

Raw Materials T - Account

Debit :

Purchases                                                          $293,100

Totals                                                                 $293,100

Credit :

Transfer to Work In Process                            $252,100

Ending Balance                                                   $41,000

Totals                                                                 $293,100

Finished Goods T - Account

Debit :

Transfer from Work In Process                       $594,500

Total                                                                 $594,500

Credit :

Trading Account                                              $577,400

Ending Balance                                                   $17,100

Total                                                                 $594,500

5 0
3 years ago
When you first started your new business, you were so excited about the large volume of orders you had. One year later, you find
lakkis [162]
D. you limited yourself to a small number of products

is your best choice
5 0
3 years ago
Cora purchased a hotel building on May 17,.2018, for $3,000,000. Determine the cost recovery deduction for 2019.
Ostrovityanka [42]

Answer:

d. $76,920

Explanation:

Calculation to Determine the cost recovery deduction for 2019

Based on the information given we were told that they purchased a hotel building on May 2018 for the amount of $3,000,000 which means that to calculate the cost recovery deduction for 2019 we would be using 2.563 to multiply the cost of purchasing the hotel reason been that hotel building is a non residential property.

Hence,

Cost recovery deduction=2.563* $3,000,000

Cost recovery deduction=$76,920

Therefore the Cost recovery deduction will be $76,920

7 0
2 years ago
Wilturner Company incurs $76,000 of labor related directly to the product in the Assembly Department, $25,000 of labor not direc
coldgirl [10]

Answer:

correct option is b) $76,000 and $37,000

Explanation:

given data

Labor related directly to the product = $76,000

labor not directly related to the product = $25,000

labor for services = $12,000

solution

As here Direct Labor is express as

Direct Labor  = Labor related directly to the product   ...............1

so

Direct Labor = $76,000

and

Factory Overhead will be as

Factory Overhead = Labor not directly related to the product + labor for services  ,................................2

put here value and we get

Factory Overhead  $25000 + $12000

Factory Overhead = $37,000

so here correct option is b) $76,000 and $37,000

6 0
3 years ago
Other questions:
  • Which materials recycling would reduce the largest portion of america's trash?
    8·1 answer
  • A 10-year bond of a firm in severe financial distress has a coupon rate of 14% and sells for $900. The firm is currently renegot
    15·1 answer
  • The three types of mathematical simulation models are
    8·1 answer
  • The only difference between variable and absorption costing is the expensing of ________.A) direct manufacturing costs B) variab
    12·1 answer
  • The smartphone market is in​ long-run equilibrium. Then the demand for smartphones increases. Describe what happens in the marke
    12·1 answer
  • In a single sentence, contrast microeconomics and macroeconomics. Next, categorize each of the following issues as a microeconom
    12·1 answer
  • Managers are important members of the organization. Within an organization, there are managers at four levels: top, middle, firs
    15·1 answer
  • Ford motor company sells the fusion ses for $24,400. the fusion hybrid sells for $29,975. what is the percentage increase in pri
    14·2 answers
  • A firm has a required return of 14.2% and a beta of 1.63. If the risk-free rate is currently 5.4%, what is the expected return t
    5·1 answer
  • Production Budget and Direct Materials Purchases Budget
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!