HELP PLS!!! If a customer is dissatisfied and disgruntled, a customer service profession should act as an intermediary,

On january? 1, 2017, dodge company purchases? $90,000, 7% bonds at a price of 86.4 and a maturity date of january? 1, 2027. dodg

andreev551 [17]

We should note that the bond investment account is recorded at cost by the Bondholder or Investor.

The cost or price is calculated as:

Cost = $90,000 * 86.4%

Cost = $90,000 * 0.864 = $77,760

Therefore, the entry to record should be:

debit Held-to-Maturity Investment in Bonds for $77,760 and credit Cash for $77,760

4 0

4 years ago

A differentiated product is a product that a. better satisfies customer needs than rival products do. b. always costs more than

Otrada [13]

Answer:

a. better satisfies customer needs than rival products do.

Explanation:

Product differentiation is the process by which a product is made to be different from what other competitors are offering. This is done to better satisfy a target market. Product differentiation can also occur within a firm to differentiate it from other firm offerings.

For example if a company decides to put a torch light on a pen. This will diffentiate the product from other pens in the market and will give customer more satisfaction by providing the extra service of lighting.

6 0

4 years ago

Cheer, Inc., wishes to expand its facilities. The company currently has 8 million shares outstanding and no debt. The stock sell

Lapatulllka [165]

Answer:

Explanation:

Solution :- (A)

(1) :- Book value per share = Total Assets / Total Number of Shares

Total Assets = ( $42 * 8,000,000 ) + $50,000,000 = $386,000,000

Total No. of Shares = ( $50,000,000 / 34 ) + 800,000 = 9,470,588.24

Book Value per share = $386,000,000 / 9,470,588.24

= $40.76

(2)

New Total Earnings = Current Net Income + Additional Income

= $4,700,000 + 800,000

= $5,500,000

(3)

New EPS = New Earnings / New total number of shares

= $5,500,000 / 9,470,588.24

= $0.581

(4)

New Price of Stock =

Old EPS = 4,700,000 / 8,000,000 = 0.5875

New Price = P/E Ratio * New EPS

= ( 34 / 0.5875 ) * 0.5807

= $33.61

(5) New Market to Book Ratio

= Market price / Book Value

= $33.61 / $40.76

= 0.825 times

(b)

Net Income = EPS old * Total New number of shares

= $0.5875 * 9,470,588

= $5,563,970.45

3 0

3 years ago

The Fram family has liabilities of $167,00 and assets of $433,000. What is their debt ratio?

maxonik [38]

Answer:

Their debt ratio is about 0.039.

Explanation:

Given information:

liabilities = $16700

Assets = $433,000

We need to find their debt ratio.

$\text{Debt ratio} = \dfrac{Liabilities}{Assets}$

Substitute the given values in the above formula.

$\text{Debt ratio} = \dfrac{16700}{433000}$

$\text{Debt ratio} = \dfrac{167}{4330}$

$\text{Debt ratio} \approx 0.038568$

$\text{Debt ratio} \approx 0.039$

Therefore, their debt ratio is about 0.039.

4 0

3 years ago

Sapphire Aerospace operates 52 weeks per year, and its cost of goods sold last year was $6,500,000. The firm carries eight items

OLEGan [10]

a. The average aggregate inventory value is $336,000.

b. The number of weeks of supply that the firm has is 3 weeks, approximately (2.69 ($336,000/$6,500,000 x 52).

c. The inventory turnover of Sapphire Aerospace for last year was 19.3x.

Question Completion:

Category Part Number Average Value Total Category

Inventory Units per Unit Value Totals

Raw Materials RM-1 20,000 $1 $20,000

Materials RM-2 5,000 5 25,000

RM-3 3,000 6 18,000

RM-4 1,000 8 8,000 $71,000

Work-in-process WIP-1 6,000 10 60,000

WIP-2 8,000 12 96,000 $156,000

Finished goods FG-1 1,000 65 65,000

FG-2 500 88 44,000 $109,000

Total value of inventory $336,000 $336,000

Inventory turnover = Cost of goods sold/Average inventory

= 19.3x ($6,500,000/$336,000)

Thus, the average inventory value is $336,000, while the inventory turnover was 19.3x.

Learn more about inventory turnover here: brainly.com/question/5701250

3 0

3 years ago