Answer:
From what I can tell, C.
Explanation:
His business could generate up to $8M (3YA) and still be considered a small business. He only has three employees, so he's still small.
Answer: $93.86
Explanation:
The break even price simply refers to the price that's required to make a normal profit. From the information given, the break even price will be:
= [($93-$44) × 2675)/2750) + 44] × ( 1 + 2.3%)
= [$49 × 2675)/2750)+44] × (1+0.024)
= [(49 × 2675)/2750)+44] × 1.024
= [(131075/2750) + 44] × 1.024
= (47.66 + 44) × 1.024
= 91.66 × 1.024
= $93.86
Therefore, the break even price is $93.86
Answer:
a. No effect
b. Decreases in total asset
c. No effect
d. Decreases in total stockholder equity
Explanation:
Given that
Number of shares purchased = 10,000 shares
Par value = $10
Common stock = $290,000
By using the above information, we can interpret that
a. There is no effect on the net income
b. The total asset is decreased by $290,000 as it reduces the cash balance for $290,000
c. There is no effect on the total paid-in-capital
d. Total stockholder equity is decreased by $290,000
We assume that treasury stock is accounted for using the cash method
Answer:
Since Store managers say they need same-day information on the company's advertising plans, store managers can email me directly for this information.
Explanation:
The situation at Swazzi is precarious since they are not selling the new line of sweater vests well enough to match their sales forecast.
Store managers who are interacting with the consumers at their different outlets will definitely try to find a way to drive sales, hence their request for same day advertising plans from the company.
Mitigating this short fall calls for escalating and responding to requests from the company and the store managers hence the need for a very fast and cost effective communication medium.
For swift communication between the company and store managers, it is okay for store managers to email their request directly and vice versa.
