Answer:
Foster Inc.'s assets will decrease by a net amount of $30,000.
The Company's liabilities will increase by $30,000.
Explanation:
The price of the assert is $5,000 + $30,000 = $35,000
this means that the company's fixed assets will increase by $35,000, but since cash is decreasing by $5,000, the net change will be only $30,000
the amount of the loan = $30,000
this means that the company's liabilities will increase by $30,000
Answer:
Earnings Per Share = $3.6
Explanation:
Given
Net Income Average = $33,480
Weighted-average common shares outstanding = 9,300
Shares sold = 4,300
Required
Calculate the company's earnings per share.
Earning per share is calculated as thus;
Let N represent the Net Income; P represent the Preferred Dividend and W represent the Weighted-average common shares outstanding
The question says there was no preferred stock;
So, P= 0
Substitute $33,480 for N and 9,300 for W.
The formula becomes;
Hence, the calculated Earnings per share of Mayan company is $3.6
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Non-price competition in a monopolistic-ally competitive market is Andy experiencing
Explanation:
The profitability of non-prices applies to the attempts of a dominant corporation to raise its sales and profits by variating goods and production rates instead of lowering the product prices.
Either by modifying the physical attributes or through changes to advertising schemes, a dominant rival may always change his goods.
Varying inventory and distribution prices reduce the company's demand curve and increase production costs.
As a consequence, there will also be a change in the amount of income the organization will gain from extracting the volume of the commodity that equates the MR to MC.
