Answer:
The answer is: Cobalt Sodas is not dealing with its main problem, which is the shift in consumer behavior
Explanation:
The main issue that Cobalt Sodas (CS) must address is the change in consumer behavior and to do this they must diversify their product lines.
Consumers are less interested now in beverages that are seen as unhealthy. They want to buy beverages considered to be healthy, so CS should start to develop a new product line of healthy beverages. If they sell "old style" cans that wouldn´t have a lasting positive impact. Maybe at the beginning they sell more cans but eventually their sales will keep falling until they diversity their product lines.
The adjusting entry for prepaid expenses increases expenses and decreases liabilities.
Answer: Option 4.
<u>Explanation:</u>
Prepaid expenses are future costs that have been paid ahead of time. As it were, prepaid costs will be costs that have been paid yet are not yet spent or have not yet lapsed. As the sum lapses, the present resource is diminished and the measure of the decrease is accounted for as a cost on the pay proclamation.
Prepaid expenses are future costs that have been paid ahead of time. You can consider prepaid costs as costs that have been paid yet have not yet been spent or have not yet terminated. The measure of prepaid costs that have not yet lapsed are accounted for on an organization's monetary record as an asset.
Answer: the answer would be 2
Explanation:
I think
We are given the following data for publishing an electronic textbook about spreadsheet applications for business.
Fixed cost = $160,000
Variable cost = $6 per book
Selling price = $46 per book
First, we have to establish an equation to know the profit or loss of the company.
Total cost = Fixed cost + Variable Cost (number of books)
Total sales = Selling price (number of books)
The profit is calculated by subtracting the total cost from the total sales.
Profit = Total sales - total cost
The following equations are useful:
let x = number of books produced
y = number of books sold
Total cost = $160,000 + $6x
Total sales = $46y
The value of x can be changed according to the actual number of books produced. y can be changed according to the actual number of books sold
Profit = $46y - ($160,000 + $6x)
If x = y = 3500
Profit = $22,000 for 3500 books
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Answer:
Price earnings ratio = 24.09 (Approx)
Explanation:
Given:
Sale = $8,800
Profit margin = 4% = 0.04
Number of share = 5,300
Market price per share = $1.60
Find:
Price-earnings ratio
Computation:
Earnings Per share = Profit / Number of shares
Earnings Per share = [8,800 x 0.04] / 5300
Earnings Per share = $0.0664
Price earnings ratio = Market price per share / Earnings Per share
Price earnings ratio = 1.60/0.0664
Price earnings ratio = 24.09 (Approx)