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3 years ago

8

Poulter corporation will pay a dividend of $4.75 per share next year. The company pledges to increase its dividend by 7.5 percen

t per year, idenfinitely

1 answer:

Pavel [41]3 years ago

4 0

Answer:

eeeeeeee

Explanation:

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Cherokee Inc. is a merchandiser that provided the following information: Number of units sold 20,000 Selling price per unit $ 30

xenn [34]

In order to find Net Income as per traditional income statement, we will first require to calculate cost of goods sold as below:

Beginning Merchandise Inventory................................................24000

Add: Purchases..................................................................................180000

Less: Ending Merchandise Inventory...........................................(44000)

Cost of Goods Sold............................................................................160000

Traditional Income Statement

Sales................................................................................................................600000

Less: Cost of Goods Sold..........................................................................(160000)

Gross Profit....................................................................................................440000

Less: Selling and Administrative Expenses

Variable Selling Expense.........................................................80000

Variable Admin Expense............................................................40000

Fixed Selling Expense.................................................................40000

Fixed Admin Expense...................................................................30000

Total .......................................................................................................................(190000)

Net Income.............................................................................................................250000

3 0

3 years ago

Read 2 more answers

While most students find marketing an interesting and meaningful subject, one drawback of majoring in marketing is that it prepa

Mandarinka [93]

<span>As a marketing student, I can deny that there is a narrow range of career options given the fact that marketing consists of digital marketing, traditional marketing, and most importantly, sales. Sales is literally in EVERYTHING, regardless of whether or not you're actually selling something. In Daniel H. Pink's book, "To Sell is Human," he outlines that even nurses, doctors, and teachers utilize non-sales selling techniques to convince patients and students to deem the information they are telling them as important. Additionally, you must consider the fact that you have to market yourself to even get a job. You need to understand what makes X, Y, and Z appealing. Marketing is extremely meaningful in everyone's lives.</span>

4 0

3 years ago

The following events occurred for Favata Company: a. Received $10,000 cash from owners and issued stock to them. b. Borrowed $7,

Marina86 [1]

Answer:

(a)

Increase in Cash of $10,000 and Increase in Common Stock account of $10,000

Asset increases by $10,000; Owner's equity increases by $10,000. Accounting equation remains in balance.

(b)

Increase in Cash of $7,000 and Increase in Short-term Note Payable account of $7,000

Asset increases by $7,000; Liability increases by $7,000. Accounting equation remains in balance.

(c)

Increase in Fixed Asset of $800 and Increase in Account Payable account of $800

Asset increases by $800; Liability increases by $800. Accounting equation remains in balance.

(d)

Increase in Fixed Asset of $12,000, Decrease in Cash of $1,000 and Increase in Long-term Note Payable account of $11,000

Asset increases by $11,000; Liability increases by $11,000. Accounting equation remains in balance.

(e)

Increase in Fixed asset of $3,000, Decrease in Cash of $1,000 and Increase in Account Payable account of $2,000

Asset increases by $2,000; Liability increases by $2,000. Accounting equation remains in balance.

Explanation:

Explanation is given in Answer part

6 0

3 years ago

The police need to have _____ to obtain a search warrant.

solniwko [45]

Answer:

a

Explanation:

they need a absolute certainty to search your house like what

7 0

3 years ago

When the price of insulin was $10 consumers demanded 100 units, when the price was $15 consumers demanded 100 units, and when th

Flura [38]

Very straightforward

8 0

3 years ago