She could look into both option B and D but I’m leaning more towards D as She could use her writing and English skills to compose formal documents and prepare motivational and persuasive speeches. And her initiative and independence would also be solid qualities to have for a business manager.
Answer: 1) CM / Sales = CM Ratio
CM = 306,000 - 238,680 = 67,320
CM Ratio = 67,320 / 306,000 = 0.22
2) CM Ratio x 2,500 = 550
Explanation:
Answer:
b. $14,660,000
Explanation:
The computation of retained earnings at the end of the year is shown below:-
Retained earnings = Beginning retained earning + Net income - Stock dividend - Cash dividend
= $11,000,000 + $5,000,000 + $500,000 - $840,000
= $14,660,000
Working Note :-
Stock Dividend = 400,000 × 5% × $25
= $500,000
Cash dividend = (400,000 + (400,000 × 5%) × $2
= 420,000 × $2
= $840,000
Answer:
A) privately held corporation.
Explanation:
In the given example, the most appropriate option is a privately held corporation as the stock is owned by the 13 principles. It is not offered to anyone other than these 13 principles, which means they do not offered to the public at large.
It is different from the publicly held corporation as the shares or the stock of the business organization are offered to the general public. But in this case, it offered to only 13 principles
Hence, other options are wrong except A
The interest per year for $5,000 to become $9,110 after 30 years is 2.02% compounded continuously.
