Answer:
$9,925
Explanation:
actual selling price = bid price (shown in %) x bond's par value = 99.25% x $10,000 = $9,925
The ask price is the price at which sellers want to sell their bonds, while the ask price is the price at which buyers will purchase a bond. Usually the ask price is higher than the bid price. If you wanted to purchase the bond, you would end up paying the ask price or $9,926.
She needs to calculate how much her item costs to make. She might also need to know her revenue
Answer:
A: True
Explanation:
Yes, its very much true because basic logic behind the marking concept is that organisation should meet the customer's needs by understanding them. Defining more precisely, meeting the customer needs profitably. Moreover, finding, attracting, getting, keep and growing the customers is the basic theme behind the marketing concept while remaining profitable at the same time.
Answer:
Break-even point in units= 1,860
Explanation:
Giving the following information:
Selling price= $250 per uni
Fixed costs= 109,900 + 290,000= $399,900
Unitary variable cost= 29 + 6= $35
<u>To calculate the break-even point in units, we need to use the following formula:</u>
Break-even point in units= fixed costs/ contribution margin per unit
Break-even point in units= 399,900 / (250 - 35)
Break-even point in units= 1,860
Answer:
B) debit Retained Earnings $ 200,000 and credit Common Stock $ 200,000
Explanation:
The dividends will increase the common stock account and decrease retained earnings. Dividends are always paid with retained earnings.
Since this is a large stock dividend (40% of new stocks are going to be issued), the transaction must be recorded at par value.
The total dividends declared = 50,000 shares x $10 x 40% = $200,000
The journal entry should be:
Dr Retained earnings 200,000
Cr Common stock 200,000
