Answe and Explanation:
The correct answer is option A
A. It reduces marketing costs more than traditional sales channels.
Answer:
$25,800
Explanation:
The computation of Dividend to common stockholders is shown below:-
Total dividend $28,000
Dividend to preferred stockholders:
Dividend in arrears
Current year dividend $2,200
(4,000 × $11 × 5%)
Total dividend to preferred
stockholders $2,200
Dividend to common stockholders $25,800
($28,000 - $2,200)
Answer:
$6.64
Explanation:
The applicable formula
A = p x ( 1+ r)^ n
A =amount after 3 months
p=principal amount: $960
r = interest rate : 2.74% per year or 2.74/12 per month =0.23% or 0.0023
n = 3 month
A = $960 x ( 1+ 0.0023) ^3
A =$960 x (1.0023)^3
A =$960 x 1.00691
A=$966.64
compound interest Earned
=$966.64 - $960
=$6.64
Answer: See explanation
Explanation:
a. inventory turnover ratio
This will be calculated as:
= Sales cost / Average inventory
= $67,596 / $9301.50
= 7.2672
= 7.27
(b) average days in inventory.
This will be calculated as:
= 365 days / Inventory turnover ratio
= 365 / 7.27
= 50.20
= 50 days
Note:
Average inventory = ($10,321 + $8,282) / 2 = $9301.50
Answer:
The Bodyguard is the bestselling movie soundtrack