Answer:
The correct answer is letter "A": The line between electronic retailing and traditional retailing is blurring as traditional retailers go online.
Explanation:
Most purchases nowadays are being processed online. The easiness to access to a wide variety of products and the methods of payments causes more people to buy online. Besides, the number of retailer stores with mobile apps is increasing so there is no need to have a computer to make the purchases online since they can be made with a phone. This scenario is fading the line that used to separate traditional retailing with online retailing.
Answer:
The cash dividend that must be paid to preferred stockholders in the second year before any dividend is paid to common stockholders is $10,200.
Explanation:
In order to calculate the cash dividend that must be paid to preferred stockholders in the second year before any dividend is paid to common stockholders is
, we have to make the following calculations.
First, we have to calculate the Annual preferred dividend = (2800*50*6.5%) = $9,100
Hence, First year preferred dividend = $9,100-$8,000 = $1,100
Finally, if we make $1,100+$9,100 = $10,200 and so this will be the cash dividend that must be paid to preferred stockholders in the second year before any dividend is paid to common stockholders.
The primary responsibility of the board of directors is to (D) make daily operational decisions.(The main responsibility of a Board of Director is to make day-to-day management decisions. )
Explanation:
The main responsibility of a Board of Director is to make day-to-day management decisions. The primary purpose of the board of directors is to safeguard the shareholders interest by maintaining detached, impartial oversight on management.
Some of the duties of Board Members are:
- To develop the Organization's Mission and Purpose.
- Another important duty is to Monitor and Manage Financial Resources.
- To Recruit New Board Members.
- To Spread positive word of mouth about t the Organization.
So we can Say that The primary responsibility of the board of directors is to (D) make daily operational decisions
Answer:
3482.12
Explanation:
Net present value is the present value of after-tax cash flows from an investment less the amount invested.
NPV can be calculated using a financial calculator
Cash flow = net income + depreciation = 16,200 + 3300 = 35,700
($56,100 - $7500) / 3 = 16,200
Cash flow in year 0 = 56,100
cash flow in year 1 and 2 = 35700
cash flow in year 3 = 35,700 + 7500
i = 5%
NPV =
Answer:
b. increase expenses by $12,900
Explanation:
The final balance of Store Supplies were 19,350, but the actual year-end store supplies inventory were 6,450. That means that from all purchase 12,900 (19,350 – 6450) were used during the accountable year, therefore, those were expenses that should be recognized.
The adjusting entry is: Debit supplies expense for 12,900 and credit supplies for an equal amount.
