What four factors help marketers describe a target market?

Netpass company has 600,000 shares of common stock authorized, 510,000 shares issued, and 240,000 shares of treasury stock. the

irinina [24]

<span>The company has issued only 510,000 shares out of authorized 600,000 common stocks. As we know that dividend is paid only on issued shared, and treasury stocks do not get any dividend. So the total amount of dividend that will be paid = 0.65 * 510,000 = $331,500</span>

5 0

3 years ago

Dechow Company has outstanding 20,000 shares of $50 par value, 6% cumulative preferred stock and 50,000 shares of $10 par value

JulijaS [17]

Answer:

a. Dividends to Preferred shareholders:

Total dividends:

= 20,000 * 50 * 6%

= $60,000

Dividends per preferred share:

= 60,000 / 20,000 shares

= $3.00 per share

Common shareholder dividends

Common shareholders get the remaining dividends that did not go to Preferred shareholders:

= 160,000 - 60,000

= $100,000

Common dividends per share:

= 100,000 / 50,000 shares

= $2.00 per share

b. These are cumulative preferred shares which means that accrued dividends must be paid off:

Preferred shares in total would be:

= 60,000 * 2

= $120,000

Preferred dividends per share:

= 120,000 / 20,000

= $6.00 per share

Common dividends in total:

= 160,000 - 120,000

= $40,000

Common dividends per share:

= 40,000 / 50,000 shares

= $0.80 per share

8 0

3 years ago

You purchased 1,350 shares of stock in Natural Chicken Wings, Inc., at a price of $43.58 per share. Since you purchased the stoc

zmey [24]

Answer:

12.09%

Explanation:

The computation of the total percentage return on this investment is shown below:

= {(Sale price of the stock - purchase price of stock + dividend received per share) ÷ purchase price of stock) × 100

= {($47.76 - $43.58 + $1.09 ) ÷ $43.58} × 100

= ($5.27 ÷ $43.58 ) × 100

= 12.09%

We simply applied the above formula so that the total percentage return on this investment could come

4 0

3 years ago

You are a public relations specialist for a produce company whose lettuce has just been recalled. You have been tasked with crea

IrinaVladis [17]

Answer:

The correct answer is letter "C": "To our valued consumers:".

Explanation:

Conveying goodwill in writing messages imply stating the reasons why a given party conducted businesses that ended up being harmful. The firm at fault should explain what it was pursuing and why it was not able to expect such an adverse situation. At all moment the message must be formal and highlight the importance of continue doing business with consumers.

Under that scenario, "<em>To our valued consumers:</em>" is the most suitable greeting to use before starting to explain the facts that took place and the course of action the firm will follow.

8 0

4 years ago

Compute the cost assigned to ending inventory using (a) FIFO, (b) LIFO, (c) weighted average, and (d) specific identification. F

masha68 [24]

Answer:

Closing Units = (710 units - 490 units)= 220 units

a) FIFO : closing inventory = $14,040

Mar 18 purchase 20 *$62 =$1,240

Mar 25 purchase 200 *$64 = $12,800

b) LIFO : closing inventory = $12,780

Mar 1 opening = 90 * $52 =$4,680

Mar 18 purchase = 110 * $62 = $6,820

Mar 25 purchase = 20*$64 =1,280

c) Weighted Average Method (WAM) :

WAM= (Opening cost + purchases cost)/(opening units +units purchased)

= ($7,800+$14,250)/(150+250) = $55.125 cost before Mar 9 sale

WAM(after the first sale) = ($4,961.25 +$6,820 + $12,800)/(90+110+200)

= $61.45

Closing Inventory = $61.45*220 =$13,519

d) Specific Identification :Closing Inventory = $13,070

Mar 01 opening = 60 *$52 =$3,120

Mar 5 Purchase = 30*$57 =$1,710

Mar 18 Purchase = 40*$62 =$2,480

Mar 25 Purchase = 90*$64 =$5,760

Explanation:

The Question is incomplete. I have provided the missing part of the question below.

Date Activities Units Acquired at Cost Units Sold at Retail

Mar. 1 Beginning inventory 150 units $52.00/unit

Mar. 5 Purchase 250 units $57.00/unit

Mar. 9 Sales 310 units $87.00/unit

Mar. 18 Purchase 110 units $62.00/unit

Mar. 25 Purchase 200 units $64.00/unit

Mar. 29 Sales 180 units $97.00/unit

Totals 710 units 490 units

5 0

4 years ago