Answer:
The answer is d. wholly owned subsidiary
Explanation:
A wholly owned subsidiary is a company whose entire stock is held by another company, called the parent company. In this case Fun Times will own 100% of Events & Adventures' common stock.
Answer:
C. dividends per share of common stock, divided by market price per share of common stock
Explanation:
Dividend yield is the return of company's total dividend compared to its shared price.
A. This is known as the payout ratio and is expressed as dividends per share of common stock, divided by earnings per share.
B. This is known as earning per share of a company and is expressed as net income minus preferred dividends, divided by shares of common stock outstanding.
D. This is known as earning per share of a company if the company does not pay preferred dividends and is expressed as dividends on common stock, divided by shares of common stock outstanding.
Answer: See explanation
Explanation:
a. . Compute the sales for November.
This will be:
= ($96,000 - $78,800) / 10%
= $17200 / 10%
= $17200/0.1
= $172,000
b. Compute the sales for December.
This will be:
= $78800 / (10% + 30%)
= $78800 / 40%
= $78800 / 0.4
= $197000
c. Compute the cash collections from sales for each month from January through March.
January cash collection:
= ($172000 × 10%) + ($197000 × 30%) + ($135000 × 60%)
= $17200 + $59100 + $81000
= $157300
February cash collection:
= ($197000 × 10%) + ($135000 × 30%) + ($152000 × 60%)
= $19700 + $40500 + $91200
= $151400
March cash collection:
= ($135000 × 10%) + ($152000 × 30%) + ($167000 × 60%)
= $13500 + $45600 + $100200
= $159300
The answer is A. $297.99
367.99-45-25=$297.99
Hope this helps.
Answer:
Profit decrease = $6,000
Explanation:
As per the data given in the question,
a)
Calculation for buying and making product :
Particulars Per unit Differential cost 22,000 units
Make Buy Make Buy
Cost of buying $44.50 $979,000
Cost of making :
Direct material $5.60 $123,000
Direct labor $6.00 $132,000
Variable manufacturing
overhead $3.6 $79,200
Fixed manufacturing
overhead $4 $88,000
($12 × 1 ÷ 4)
Opportunity cost $551,600
Total cost $19.2 $44.50 $973,800 $979,000
b) As we can see that the Profit is decrease by $6,000 in case of outside supplier offer accepted by taking the difference between the making and buying cost i.e
= $979,000-$973,800
= $6,000
