Answers
Product, Price, Place, and Promotion are the Four Ps. They are an illustration of a "marketing mix," or the set of tools and techniques that marketers use together to achieve their marketing goals.
What kinds of customer strategies are there?
However, there are varying definitions of what customer strategy is. It could be any combination of segmentation, customer experience strategy, media strategy, offer strategy, and brand communication strategy.
How will you promote your business to attract more customers?
Make your products' distinctive features the focus. Differentiating your brand from others is crucial. When you market your product to potential customers, put your attention on the distinctive aspects of it. Additionally, this will make it easier for people to recall your product.
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Related Questions
Question 3 of 10
What is an advertising campaign?
A. A method of finding customers according to particular
characteristics
B. A set of games customers receive for free when they buy certain
products
C. An electronic device that enables customers to interact with an
advertisement
D. A series of product-related activities designed to get the attention
of customers
Answers
An advertising campaign is a series of product-related activities designed to get the attention of customers. Option D
What is an advertising campaign?An advertising campaign is a series of product-related activities designed to get the attention of customers. It involves the creation and dissemination of advertising messages through various channels such as TV, radio, print, online and social media, with the goal of promoting a product, service or brand to a specific target audience.
The campaign typically has a specific objective and a set budget and may run for a defined period of time.
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The following information is for the Jeffries Corporation:
Product A: Revenue $16.00 Variable Cost $12.00
Product B: Revenue $24.00 Variable Cost $16.00
Total fixed costs $75,000
Assume the sales mix consists of three units of Product A and one unit of Product B.
If the sales mix shifts to four units of Product A and one unit of Product B, then the weighted-average contribution margin will:____________
Answers
Answer:
will decrease per unit
If the sales mix shifts to four units of Product A and one unit of Product B, then the weighted-average contribution margin will: $ 4.8 per unit of sales mix.
Explanation:
Jeffries Corporation:
Product A: Product B:
Revenue $16.00 $24.00
Variable Cost $12.00 $16.00
Contribution Margin $ 4.0 $8.0
Sales Mix 3 units 1 unit
% 0.75 0.25
When he sales mix consists of three units of Product A and one unit of Product B the weighted-average contribution margin was
C.M (3* Product A ) +C. M( 1* Product B)
$ 4.0*0.75 + $8.0*0.25= $ 3.0 + $2.0 = $ 5.0
If the sales mix shifts to four units of Product A and one unit of Product B, then the weighted-average contribution margin will: $ 4.8 per unit of sales mix.
The new Sales mix % will be
Product A = 4/5= 0.8 % and
Product B = 1/5 = 0.2%
C.M (4* Product A ) +C. M( 1* Product B)
$ 4.0*0.8 + $8.0* 0.2= $ 3.2 + $1.6 = $ 4.8
Because the contribution margin of Product B is greater and the CM of Product A is less so when we decrease the % of Product B in the Sales mix the CM is also decreased.
Halloween is coming and the Wrigley Co. knows that their target market engages in limited decision making when buying candy for Halloween. This Halloween, Wrigley Co. wants to bump up the sales of some of the less popular candy brands offered by the company. These brands include Skittles, which is not part of the consumers' evoked set. If you were a marketing consultant hired by the Wrigley Co., what will your advice be based on what you've learned about the consumer decision making process
Answers
Answer:
There are a lot of ways to improve the situation. Some examples are explained below.
Explanation:
To begin with, try to stimulate as much as possible the kids of the audience that is going to buy the candies. In the case that the kids arrive at home and say that they love those candies or they really wanted then the parents will go and buy them those, even if it is also for other kids. In other case, the company can also promote the purchase of those candies alongside the purchase of the most buyed candies, so that means that, if a person goes to buy a candy there can be an offer of buying the two candies together or even to reduce the price when buying a great amount of only the less wanted candy. All those examples will in fact try to stimulate the decision making process of the consumers regarding the factors that determinate that process, such as personal factors, etc.
Stam Company shows the following costs for three jobs worked on in April. Job 306 Job 307 Job 308 Balances on March 31 Direct materials (in March) $ 33,600 $ 41,900 Direct labor (in March) 24,600 20,300 Applied overhead (March) 12,300 10,150 Costs during April Direct materials 139,600 226,900 $ 102,300 Direct labor 94,200 161,500 107,300 Applied overhead ? ? ? Status on April 30 Finished (sold) Finished (unsold) In process Additional Information Raw Materials Inventory has a March 31 balance of $91,500. Raw materials purchases in April are $504,600, and total factory payroll cost in April is $388,300. Actual overhead costs incurred in April are indirect materials, $52,300; indirect labor, $25,300; factory rent, $34,300; factory utilities, $21,300; and factory equipment depreciation, $55,600. Predetermined overhead rate is 50% of direct labor cost. Job 306 is sold for $650,000 cash in April.
Answers
Based on the cost of production by Stam Company, the overhead rate which is applied to the jobs are:
Data and Calculations:
Job 306 Job 307 Job 308
Balances on March 31
Direct materials used (in March) $33,600 $41,900
Direct labor used (in March) $24,600 $20,300
Overhead applied (March) $12,300 $10,150
Costs during April
Direct materials used $139,000 $226,900 $102,000
Direct labor used $94,200 $161,500 $107,300
Overhead applied $55,600 $77,500 $52,500
($94,200 × 50%) ($161,500 × 50%) ($107,300 × 50%)
Job 306 - $47,100
Job 307 - $80,750
Job 308 - $53,650
The overhead rate applied for Job 306 in April is:
= Direct labor cost x 50%
= 94,200 x 50%
= $47,100
The overhead applied for Job 307 in April is:
= 161,500 x 50%
= $80,750
The overhead for Job 308 in April is:
= 107,300 x 50%
= $53,650
Hence, based on the cost of production by Stam Company, the overhead rate applied to the jobs are calculated above.
The given question is incomplete, the complete question is-
Stam Company shows the following costs for three jobs worked on in April. Job 306 Job 307 Job 308 Balances on March 31 Direct materials (in March) $ 33,600 $ 41,900 Direct labor (in March) 24,600 20,300 Applied overhead (March) 12,300 10,150 Costs during April Direct materials 139,600 226,900 $ 102,300 Direct labor 94,200 161,500 107,300 Applied overhead ? ? ? Status on April 30 Finished (sold) Finished (unsold) In process Additional Information Raw Materials Inventory has a March 31 balance of $91,500. Raw materials purchases in April are $504,600, and total factory payroll cost in April is $388,300. Actual overhead costs incurred in April are indirect materials, $52,300; indirect labor, $25,300; factory rent, $34,300; factory utilities, $21,300; and factory equipment depreciation, $55,600. Predetermined overhead rate is 50% of direct labor cost. Job 306 is sold for $650,000 cash in April.
Enter debits before credits. Transaction General Journal Debit Credit a. Record entry Clear entry View general journal 4. Prepare a schedule of cost of goods manufactured for the month end April 30. Stam Company Schedule of Cost of Goods Manufactured For Month Ended April 30 Total manufacturing costs Total cost of work in process Cost of goods manufactured.
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When an interviewer says, “Tell me about yourself,” you should feel free to talk openly about your personal life.
False
True
Answers
Answer:
False
Explanation:
You should tell them about your personality and how others see you. Take for example your strengths and weaknesses as a person, or about your traits. If they ask you about your personal life keep it brief, they don't need too much info about that rather a small aspect of it.
Answer:
TRUE
Explanation:
In recent years a significant number of businesses have been accused
of being unethical Discuss whether senior managers should consider
ethics when making business decisions. [20]
Answers
Yes, senior managers should definitely consider ethics when making business decisions. In recent years, businesses have faced increased scrutiny for unethical behavior, and this can have serious consequences for both the business and society as a whole.
Unethical behavior can lead to legal problems, financial losses, and damage to a company's reputation. In addition, it can have negative impacts on employees, customers, and the wider community. For example, a company that engages in environmental pollution or labor exploitation may harm local ecosystems or communities, while a company that engages in fraudulent practices may harm its customers and stakeholders.
Senior managers have a responsibility to ensure that their businesses act ethically and in the best interests of all stakeholders. This means taking into account not only the financial bottom line but also the social and environmental impact of their decisions. Ethical considerations can include things like fair treatment of employees, environmental responsibility, transparency in financial reporting, and respect for human rights.
In addition to being the right thing to do, ethical behavior can also be good for business. Studies have shown that companies that prioritize ethical behavior and corporate social responsibility tend to have better financial performance and long-term sustainability.
Ultimately, senior managers should consider ethics when making business decisions because it is the responsible and prudent thing to do. By doing so, they can help create a more sustainable and just business environment for all stakeholders.
Best practices help inventory managers control their inventory. Which of the following is an inventory management best practice?
Review safety stock levels on an annual basis
Purchase high volumes of trendy items
Know your most productive inventory and buy more of it
Keep sales and operations separate from inventory management
Answers
Answer:
qwowjphpiopfhaf
Explanation:
ddd
Review safety stock levels on an annual basis. Thus the option A is correct.
What is inventory control ?The control over the inventory means the activity of checking a shop stop. It a process to ensure that you have the right amount of supply available within the business.
The inventory control also relates to the stock control. Other factors of inventory control include future forecasting and supply chain management. The production control and financial flexibility.
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Explain briefly the difference between traditional and enlightened management
Answers
intelligent management Enlightened managers in our world are those who are sensitive to both their employers and staff. They are conscious of the outside environment and how it affects the company.
What does "enlightened" mean in practice?Being advanced and having acquired necessary information or knowledge, particularly spiritual knowledge, is referred to as enlightenment. Enlightenment can be exemplified through learning more about a certain field of study or religion.
What does the word "enlightened" actually mean?demonstrating comprehension, being constructive, and not adhering to erroneous or outdated ideas The school has a progressive policy that involves teaching boys how to cook. She has considerably more progressive ideas on schooling now.
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Alison has a small jewelry shop in Albuquerque, NM, where she makes necklaces, earrings, bracelets, and headbands incorporating semi-precious gemstones. She purchases semi-precious gemstone strands
from a company in Tanzania. How would these gemstone strands be characterized in the United States?
imports
exports
trade barrier
foreign direct investment
Answers
The gemstone strands would be characterized as imports in the United States.
A commodity or service that was created in another nation and is purchased in one country is known as an import. A country has a negative trade balance, commonly referred to as a trade deficit, if the value of its imports is more than the value of its sales.
According to the given question, the gemstone strands that Alison uses to make her various jewellery items are brought from Tanzania. This will be characterized as an import as the gemstone strands were originally made in Tanzania and the same has been imported by Allison from the United States.
However, the gemstone strands that will be sent from Tanzania will be regarded as exports for that State. But since, here, the question is being asked on the context of United States, so the gemstone strands will be regarded as imports the, United States.
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g A company's beginning Work in Process inventory consisted of 26,000 units that were 80% complete with respect to direct labor. A total of 96,000 were finished during the period and 31,000 remaining in Work in Process inventory were 50% complete with respect to direct labor at the end of the period. Using the weighted-average method, the equivalent units of production with regard to direct labor were: Group of answer choices 132,300 82,000. 63,500. 96,000. 111,500.
Answers
Answer:
Option e (111,500) is the correct answer.
Explanation:
The given values are:
The finished units during the period
= 96,000
Remaining units
= 31,000
Now,
The ending work in process will be:
= \(31000\times 50 \ percent\)
= \(31000\times 0.5\)
= \(15500\)
Hence,
Equivalent units for direct labor will be:
= \(Finished \ units+Ending \ work \ in \ process\)
= \(96000+15500\)
= \(111,500\)
Given integer variables seedVal, smallestVal, and greatestVal, output a winning lottery ticket consisting of three random numbers in the range of smallestVal to greatestVal inclusive. End each output with a newline.
Ex: If smallestVal is 30 and greatestVal is 80, then one possible output is:
65
61
41
how do I code this in c++?
Answers
If the user does not provide a seed value, the ctime library is used to seed the random number generator with the current time. This guarantees that the random numbers we receive are distinct each time the program is run.
What is meant by Ctime Library?The Ctime library is a library in the C++ programming language that furnishes capabilities for working with time and dates. Obtaining the current time, converting between various time formats, and performing arithmetic on dates and times are all supported by this application. Time and date values can be formatted and printed in a variety of ways using the Ctime library's functions. In general, it is a useful library for C++ programmers who must work with dates and times.
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On December 31, 2021, Wildhorse, Inc. leased machinery with a fair value of $1,425,000 from Cey Rentals Co. The agreement is a 6-year noncancelable lease requiring annual payments of $270,000 beginning December 31, 2021. The lease is appropriately accounted for by Wildhorse as a finance lease. Wildhorse’s incremental borrowing rate is 11%. Wildhorse knows the interest rate implicit in the lease payments is 10%. The present value of an annuity due of 1 for 6 years at 10% is 4.7908. The present value of an annuity due of 1 for 6 years at 11% is 4.69590.In its December 31, 2021 balance sheet, Wildhorse should report a lease liability of:_______
Answers
Answer:
$1,023,516
Explanation:
The computation of the lease liability reported is shown below:
= Present value of annual payment - Annual payments
where,
Present value of annual payment = 270000 × 4.7908
= $1,293,516
And, the annual payment is $270,000
So, the lease liability reported is
= $1,293,516 - $270,000
= $1,023,516
We simply applied the above formula to determine the lease liability
What is an example of a good?
A dental examination
A visit to the dog groomer
A delivery van
A manicure
A car warranty
Answers
Answer: a dog groomer
Explanation:
because they help keep your dogs clean
A visit to the dog groomer is an example of a good. Hence, option B is correct.
What do dog groomers do?Brushing, bathing, drying off, and cutting or clipping the dog's hair with clean, sterilized tools are typically included in a professional grooming session. Groomers brush or combing the dog to eliminate mats before bathing it.
Aspects of dog grooming include cleaning, styling, and general canine care. Regular grooming is necessary if you own a dog since it keeps them clean and healthy.
One method typically employed by those who sexually abuse children is grooming, which entails misleading methods intended to get access to a potential victim, persuade them to consent to the abuse, and decrease the danger of being detected.
Thus, option B is correct.
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_____ is the character and personality of your organization.
[A] Social media
[B] Culture
[C] Career
[D] Atmosphere
Answers
Answer:
B - Culture
Explanation:
An organization's culture defines the proper way to behave within the organization. This culture consists of shared beliefs and values established by leaders and then communicated and reinforced through various methods, ultimately shaping employee perceptions, behaviors and understanding.
Western Company is preparing a cash budget for June. The company has $12,000 cash at the beginning of June and anticipates $30,000 in cash receipts and $34,500 in cash disbursements during June. Western Company has an agreement with its bank to maintain a minimum cash balance of $10,000. As of May 31, the company owes $15,000 to the bank. To maintain the $10,000 required balance, during June the company must:
Answers
Answer:
$2,500
Explanation:
Opening balance $12,000
Cash receipts $30,000
Cash disbursement ($34,500)
Closing balance $7,500
Minimum cash balance $10,000
Borrowing amount(1$0,000-$7,500) $2,500
To maintain $10,000 cash balance western company need to borrow $2,500($10,000-$7500)
q Conflict Consequences 2 Difference between critical and Creative thinking. 3. Positive Use & Teisure time 41m Portance & Self Identity Svalues associated with creative Thinking
Answers
Critical thinking involves analyzing and evaluating information, while creative thinking involves generating new ideas and solutions. Positive use of leisure time includes engaging in activities that promote personal well-being, learning, self-improvement, socializing, and exploring new experiences.
Difference between critical and creative thinking:
Critical thinking is a cognitive process that involves analyzing and evaluating information or arguments in a logical and systematic manner. It focuses on objective analysis, reasoning, and problem-solving. Critical thinking requires the ability to question assumptions, recognize biases, and assess evidence to form well-reasoned judgments or decisions.
On the other hand, creative thinking involves generating new ideas, insights, or solutions. It is a process of divergent thinking, breaking away from conventional thoughts and exploring alternative perspectives.
Creative thinking often involves combining different ideas, making connections, and thinking outside the box. It encourages imagination, flexibility, and the ability to embrace uncertainty.
While critical thinking aims to assess and evaluate existing information or arguments, creative thinking aims to generate new possibilities or approaches. Critical thinking seeks to analyze and deconstruct, while creative thinking seeks to synthesize and construct.
Positive use of leisure time:
Leisure time refers to the period when individuals are free from work or other obligations and can engage in activities of their choice. Positive use of leisure time involves engaging in activities that contribute to personal well-being, growth, and fulfillment. Here are some examples:
Pursuing hobbies and interests: Engaging in activities such as painting, playing a musical instrument, gardening, or sports can provide relaxation, personal enjoyment, and a sense of accomplishment.
Learning and self-improvement: Using leisure time to learn new skills, read books, take online courses, or engage in personal development activities can enhance knowledge, broaden perspectives, and foster personal growth.
Physical and mental well-being: Allocating leisure time for exercise, meditation, yoga, or other wellness activities promotes physical fitness, reduces stress, and enhances overall well-being.
Socializing and building relationships: Spending leisure time with family, friends, or participating in community activities helps foster social connections, build relationships, and strengthen support networks.
Exploring new experiences: Traveling, visiting museums, attending cultural events, or trying new cuisines broadens horizons, provides exposure to different cultures, and creates memorable experiences.
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PURPOSE
Create a presentation that describes your plan and findings for a personal finance budget.
ASSIGNMENT PROMPT
In this assignment, you will create a multimedia presentation to communicate your findings from your
previous budget assignment. You will describe your budget, explain your reasoning, provide evidence,
address opposing perspectives, and educate your audience.
Step 1: Review your planned budget.
a) Open your planned budget you created for your previous assignment.
b) Think about your main findings.
Step 2: Consider the required elements of a multimedia presentation.
a) Create your presentation on the computer using presentation or video-editing software.
b) Include digital media such as images, video, or audio.
c) Use text when appropriate to convey main ideas.
d) Have an introduction, body, and conclusion.
e) Present supporting evidence while conveying your perspective clearly.
f) Address other perspectives while explaining your own reasoning.
g) Include a list of resources that you used, including websites, textbooks, or other
materials.
Step 3: Think about these steps for creating a successful presentation.
a) Plan: Sketch your presentation before you begin. Establish the order in which you will
present your information and what media you are going to include.
b) Draft: Create a rough draft of your presentation.
c) Revise: Review your work, correct mistakes, and make improvements
**Last assignment is attached for reference**
I need help on where to start and how I should layout this presentation. If you could point me in the right direction, I plan on using PowerPoint. If you tell me what to do slide for slide, I'll give brainliest. Even advice is a huge help though!
Answers
Answer: Summarize the change in expenditures between budgets. Show the findings of your personal financial analysis using appropriate graphs/charts in Excel.
Explanation:
Answer:
Purposes of creating a personal budget
Personal budgets are usually created to help an individual or a household of people to control their spending and achieve their financial goals. Having a budget can help people feel more in control of their finances and make it easier for them to not overspend and save money.
Explanation:
how can a task you never questioned be better improved and benefit you?
Answers
This section is based on the case study titled: Maximising Media Relations for Effective Program Execution: UNICEF in Nigeria. This case study is found under the lesson 3 folder, and copies are under the additional resources folder. Please answer all these questions and ensure that you use the correct numbering as given in the question itself.
1. According to the case study, what is the role of public relations? [4]
2. Who are the stakeholders in this case study and their interests [5]
3. What were the strategic tactics and techniques used in the campaign [6]
4. What research methodology was used to develop this plan and discuss whether the programme was successful or not successful in your perspective. Provide evidence from the case study to support your argument. [10]
5. “For effective media relations, the public relations practitioner must understand how the media function and how reporters work” – (Baskin et al, pp:179). As a public relations practitioner what is your assessment of the use of mass media
in this programme and was the use of mass media the best option vs social media in
the programme? (We want to see the student present their own argument here) [5]
6. What did you learn in this case study? [5]
Answers
UNICEF in Nigeria uses strategic strategies and approaches for stakeholder engagement to maximize media relations for effective program execution. Here are the responses to the prompts.
What about the case study?This case study highlights how essential public relations is when it comes to creating a positive image for an organization while building meaningful relationships with important stakeholders.
In this instance UNICEF was determined to raise awareness regarding their programs in Nigeria by engaging local community leaders while effectively communicating their message to citizens via media outlets. Conversely Nigerias government prioritized developing strategies which addressed citizens' needs coupled with enhancing its reputation. The stakeholders involved included: UNICEF representatives; Nigerian government officials; members of various influential media organizations; respected community leaders; as well as concerned members of society at large.
To implement effective strategies required tactical thinking alongside techniques such as holding press conferences/ interviews with key players in local/the national press corps; partnering with appropriate organizations/media personalities across identified relevant industries: e.g governance/community activism or where its most needed. Various research methods were employed inclusive of conducting situational analyses regarding media trends in Nigeria.
Also stakeholder analysis was crucial to identify key targets that helped achieve desired outcomes. The UNICEF program gained excellent traction among its target audience through effective outreach and significant coverage.
As a practitioner involved in public relations work I believe that incorporating mass communication was instrumental in broadening the scope for the advocacy messages and amplifying visibility around necessary programs run by UNICEF globally. Moreover using social media channels served as a valuable medium through which younger demographics could be successfully engaged while receiving personalized insights.
The case study has several vital implications regarding understanding regional media landscapes and establishing relationships with important players operating within the regions.
Collaborative partnerships between local communities alongside other organizations pursuing common goals can result in expanded outreach capacity leading towards new opportunities for positive change. Finally this multifaceted approach utilizing various channels became pivotal not only for generating better visibility but also raising awareness on issues championed by UNICEF globally.
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In late 2020, the Nicklaus Corporation was formed. The corporate charter authorizes the issuance of 6,000,000 shares of common stock carrying a $1 par value, and 2,000,000 shares of $5 par value, noncumulative, nonparticipating preferred stock. On January 2, 2021, 4,000,000 shares of the common stock are issued in exchange for cash at an average price of $10 per share. Also on January 2, all 2,000,000 shares of preferred stock are issued at $20 per share.
Required:
1. Prepare journal entries to record these transactions.
2. Prepare the shareholders' equity section of the Nicklaus balance sheet as of March 31, 2021. (Assume net income for the first quarter 2021 was $1,750,000.)
Part B
During 2021, the Nicklaus Corporation participated in three treasury stock transactions:
On June 30, 2021, the corporation reacquires 250,000 shares for the treasury at a price of $12 per share.
On July 31, 2021, 25,000 treasury shares are reissued at $15 per share.
On September 30, 2021, 25,000 treasury shares are reissued at $10 per share.
Required:
1. Prepare journal entries to record these transactions.
2. Prepare the Nicklaus Corporation shareholders' equity section as it would appear in a balance sheet prepared at September 30, 2021. (Assume net income for the second and third quarter was $3,250,000.)
Part C
On October 1, 2021, Nicklaus Corporation receives permission to replace its $1 par value common stock (6,000,000 shares authorized, 4,000,000 shares issued, and 3,800,000 shares outstanding) with a new common stock issue having a $0.50 par value. Since the new par value is one-half the amount of the old, this represents a 2-for-1 stock split. That is, the shareholders will receive two shares of the $0.50 par stock in exchange for each share of the $1 par stock they own. The $1 par stock will be collected and destroyed by the issuing corporation.
On November 1, 2021, the Nicklaus Corporation declares a $0.18 per share cash dividend on common stock and a $0.35 per share cash dividend on preferred stock. Payment is scheduled for December 1, 2021, to shareholders of record on November 15, 2021.
On December 2, 2021, the Nicklaus Corporation declares a 1% stock dividend payable on December 28, 2021, to shareholders of record on December 14. At the date of declaration, the common stock was selling in the open market at $10 per share. The dividend will result in 76,000 (0.01 Ã 7,600,000) additional shares being issued to shareholders.
Required:
1. Prepare journal entries to record the declaration and payment of these stock and cash dividends.
2. Prepare the December 31, 2021, shareholders' equity section of the balance sheet for the Nicklaus Corporation. (Assume net income for the fourth quarter was $2,750,000.)
3. Prepare a statement of shareholders' equity for Nicklaus Corporation for 2021.
Answers
Answer:
Nicklaus Corporation
1. Journal Entries:
Debit Cash $40 million
Credit Common Stock $4 million
Credit Additional paid-in capital- Common stock $36 million
To record the issue of 4 million shares at $10 each.
Debit Cash $40 million
Credit Preferred stock $10 million
Credit Additional paid-in capital - preferred $30 million
To record the issue of 2 million share at $20 per share.
2. Shareholders' equity as of March 31, 2021:
Capital
Authorized:
Common stock 6 million, $1 par value
Noncumulative, nonparticipating preferred stock, 2 million, $5 par value
Issued and outstanding:
Common stock 4 million, $1 par value $4 million
Additional paid in capital - common stock 36 million
Preferred stock 2 million, $5 par value 10 million
Additional paid in capital- preferred stock 30 million
Retained Earnings 1.75 million
3. Journal Entries:
June 30, 2021:
Debit Treasury stock $3 million
Credit Cash $3 million
To record the purchase of 250,ooo shares of treasury stock at $12.
July 31, 2021:
Debit Cash $375,000
Credit Treasury stock $375,000
To record the reissue of 25,000 shares of treasury stock at $15 per share.
Sept 30, 2021:
Debit Cash $250,000
Credit Treasury stock $250,000
To record the reissue of 25,000 shares of treasury stock at $10 per share.
2. Shareholders' equity as of September 30, 2021:
Capital
Authorized:
Common stock 6 million, $1 par value
Noncumulative, nonparticipating preferred stock, 2 million, $5 par value
Issued and outstanding:
Common stock 4 million, $1 par value $4 million
Additional paid in capital - common stock 36 million
Preferred stock 2 million, $5 par value 10 million
Additional paid in capital- preferred stock 30 million
Treasury stock - common stock, 200,000 ($2.375 million)
Retained Earnings 5 million
Part C:
1. Journal Entries:
Oct. 1, 2021: Memorandum record to note the change:
Stock-split Common stock, 8 million, $0.50 par value
Nov. 1, 2021:
Debit Cash Dividends:
Common stock = $1,368,000
Preferred stock = $700,000
Credit Cash $2,068,000
To record the payment of dividends.
Dec. 2, 2021:
Debit Stock dividend $38,000
Credit Common Stock $38,000
To record the issue of shares.
Debit Retained Earnings $38,000
Credit Stock dividends $38,000
To record the the declaration.
2. Shareholders' equity as of December 31, 2021:
Capital
Authorized:
Common stock 12 million, $0.50 par value
Noncumulative, nonparticipating preferred stock, 2 million, $5 par value
Issued and outstanding:
Common stock 8.076 million, $0.50 par value $4.038 million
Additional paid in capital - common stock 36 million
Preferred stock 2 million, $5 par value 10 million
Additional paid in capital- preferred stock 30 million
Treasury stock - common stock, 200,000 ($2.375 million)
Retained Earnings 5.644 million
3. Statement of Shareholders' equity:
Common stock 8.076 million, $0.50 par value $4.038 million
Additional paid in capital - common stock 36 million
Preferred stock 2 million, $5 par value 10 million
Additional paid in capital- preferred stock 30 million
Treasury stock - common stock, 200,000 ($2.375 million)
Retained Earnings $5,000,000
Net income 2,750,000
Dividends paid (2,068,000)
Stock dividends ($38,000) 5.644 million
Explanation:
a) Data and Calculations:
Capital
Authorized:
Common stock 6 million, $1 par value
Noncumulative, nonparticipating preferred stock, 2 million, $5 par value
Issued:
Common stock 4 million, $1 par value, issued at $10
Preferred stock 2 million, $5 par value, issued at $20
June 30, 2021 Treasury stock $3 million Cash $3 million
July 31, 2021 Cash $375,000 Treasury stock ($375,000)
Sept 30, 2021 Cash $250,000 Treasury stock ($250,000)
Oct. 1, 2021:
Stock-split Common stock, 8 million, $0.50 par value
Nov. 1, 2021:
Cash Dividends:
Common stock = $1,368,000 ($0.18 * 7,600,000)
Preferred stock = $700,000 ($0.35 * 2,000,000)
Dec. 2, 2021:
Stock dividends:
Additional shares issued = 76,000 (7,600,000 * 1%)
Issued at par $0.50
Stock dividend = $38,000
Type the correct answer in the box. Spell all words correctly. The demand curve has what kind of slope? The demand curve is sloping.
Answers
The demand curve is downward sloping reflecting the relationship between the price and quantity of a product.
What is the demand curve?The correlation between a product or service's price and the quantity that is requested over time is represented by a demand curve, which demonstrates how many units will be consumed at various prices.
Old customers sometimes are inclined to buy more products than usual as the price of the product decreases, increasing the demand for the item. The demand curve slopes downward due to this.
It predicts that demand will rise in the opposite direction of price declines, indicating a causal relationship between both.
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Answer:
Downward
Explanation:
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A European call and put option on the same security both expire in three months, both have a strike price of 20, and both sell for the price 3. If the nominal continuously compounded interest rate is 10% and the stock price is currently 25 , identify an arbitrage.
Answers
Answer:
Call payoff = Max [0, Stock price - Strike price]
Call payoff = Max[0,25-20]
Call payoff = 5
Put payoff = Max[0, strike price - stock price]
Put payoff = max[0,20-25]
Put payoff = 0
Strike price = K = 20
Stock price = S = 25
interest rate = 10% = 0.1
Time to expiry = T = 3 months = 3/12 = 0.25
Put call parity: C + K*Exp(-r*T) = P + S
C = P + S - K*Exp(-r*T)
Call = 3 + 25 - 20*exp(-0.1*0.25)
Call = 28 - 19.5062 =
Call = 8.4938 > 3
So, yes there is an arbitrage . Implied value is 8.4938 but trades at 3.00; Call option is trading cheap hence we should buy more call options.
Ali enjoys her graphic design class, and her friends and teachers often tell her she has a good eye for detail. Which type of education and career would best fit Ali’s artistic talents?
O. completing an apprenticeship to become a carpenter
O. earning an associate’s degree to become a construction supervisor
O. completing physical training to become a construction laborer
O. earning a bachelor’s degree to become an interior designer
Answers
Answer:
D. earning a bachelor's degree to become an interior designer
Explanation:
Answer:
D
Explanation:
Just took the test
I need the answer please help
Answers
As given that the taxable state income for the year is $70,000, the applicable tax rate is 5.5%, thus, the tax payable is $3,850.
What does a progressive tax means?A progressive tax is one in which the tax rate rises in proportion to the taxable amount. The term progressive refers to the manner in which the tax rate rises from low to high, resulting in a taxpayer's average tax rate being less than the person's marginal tax rate. The term can refer to either individual taxes or an entire tax system.
We are given that the taxable state income for the year is $70,000. Note that for this salary range, the tax rate of 5.5% is applicable.
Tax payable is computed as:
= $70,000 * 5.5%
= $3,850
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Which sentence in the paragraph conveys the main idea of the letter?
I would like to apologize for the lost package. I understand your frustration. You are absolutely right to complain about it. We value and hope to keep your business. I assure you that this is an unusual incident. Please allow me to issue you a $500 prepaid gift card to compensate for the lost order.
A.
I would like to apologize for the lost package.
B.
Please allow me to issue you a $500 prepaid gift card to compensate for the lost order.
C.
I assure you that this is an unusual incident.
D.
You are absolutely right to complain about it.
Answers
The sentence in the paragraph that conveys the main idea of the letter is A. I would like to apologize for the lost package.
What is the main idea ?The main idea of a paragraph can be described as the primary point or concept that the author wants to communicate to the readers about the topic.
From the text we can see that the writer syays that I would like to apologize for the lost package and I understand your frustration. You are absolutely right to complain about it which implies that he was apologizing.
Therefore, option A is correct.
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Dustin, who is 48 years old, works for Pinnacle Inc., with a salary of $300,000, a car allowance, and a very nice expense account. Pinnacle is a Fortune 1,000 company that sponsors a defined benefit plan that pays 2 percent times years of participation times the average of the three final years of compensation. In addition, Pinnacle sponsors a 401(k) / profit sharing plan and contributes 18% of employees salary to the profit sharing plan. There is no additional match. If the ADP of the NHCEs is 3%, what is the maximum that Dustin can defer this year (2020)? a. $17,100. b. $14,250. c. $19,500. d. $5,700.
Answers
Answer:
c. $19,500.
Explanation:
Given that Pinnacle offer 401(k) proft sharing plan to Dustin, and Dustin is a 48 years old man. It should be noted that one of the benefits of this plan is that it allows the person involved to defer a portion of his paycheck to retirement account each month automatically.
However, it comes with certain limitations on how much can be saved. The limitation is dependent on age and compensation level. In which for the year 2020, the individual 401(k) contribution limit is pegged at $19,500, or $26,000 if such individual's age is 50years and above.
Hence, given that Dustin is 48 years old, the maximum that Dustin can defer this year (2020) is $19500. This is in contrast to the last year 2019, the individual 401(k) contribution limits were $19,000, or $25,000 if such individual is 50years and above.
Fuzzy Monkey Technologies, Inc., purchased as a long-term investment $100 million of 8% bonds, dated January 1, on January 1, 2018. Management has the positive intent and ability to hold the bonds until maturity. For bonds of similar risk and maturity the market yield was 10%. The price paid for the bonds was $82 million. Interest is received semiannually on June 30 and December 31. Due to changing market conditions, the fair value of the bonds at December 31, 2018, was $90 million.
Required:
1. to 3. Prepare the relevant journal entries on the respective dates (record the interest at the effective rate).
4. At what amount will Fuzzy Monkey report its investment in the December 31, 2018, balance sheet?
5. How would Fuzzy Monkey's 2018 statement of cash flows be affected by this investment?
Answers
1. On January 1, 2018, the journal entry would involve a debit to Long-term investments for $82 million and a credit to Cash for $82 million.
2. On June 30, 2018, the journal entry would involve a debit to Interest revenue for $4.8 million and a credit to Interest Payable for $4.8 million.
3. On December 31, 2018, the journal entry would involve a debit to Interest revenue for $4.8 million and a credit to Interest Payable for $4.8 million.
4. Fuzzy Monkey will report its investment on December 31, 2018, balance sheet of $90 million.
5. Fuzzy Monkey's 2018 statement of cash flows will be affected by this investment as it will show an increase in cash flows from investing activities of $18 million, reflecting the difference between the purchase price of $82 million and the fair value of $90 million at the end of the year.
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1.1 W (5 marks) Calculate the economic order quantity (EOQ) per annum. Economic order quantity Startrek Secondary School purchases 700 math's sets per annum. The cost of each math set is R80. Each set is sold for R100. The cost of placing a single order is R45. The holding cost is 11% of the unit purchase price.
Answers
Based on the math sets purchased by Startrek Secondary School as well as its various costs, the Economic Order Quantity is 84.61 sets.
What is the Economic Order Quantity?This can be found as:
= √(2 x Annual math sets needed x Ordering cost per unit/ Carrying cost
Carrying cost is:
= 80 x 11%
= R8.80
The EOQ is therefore:
= √(2 x 700 x 48 / 8.8
= 84.61 math sets
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Which is the difference between static storage systems and dynamic storage systems
Answers
Answer:
In a static storage area each product is assigned a specific area, whereas in dynamic storage, product locations and fluid and as such are subject to change.
During the elaboration stage of an organization: Group of answer choices change management is the most important skill that human resource personnel contribute. functional knowledge is critical for all human resource personnel. employee advocacy is the most important role of human resources. employee compensation can be highly competitive. g
Answers
Answer:
change management is the most important skill that human resource personnel contribute.
Explanation:
Elaboration stage of an organisation is also called the maturity stage. It is characterised by different units being involved in making decisions.
This slows down speed of decision making.
At this stage there is a need for revitalisation and change in order to make the organisation more efficient.
Change management is the process by which employees in an organisation are prepared and supported when there are far reaching improvements to organisation structure.
It ensures a smooth transition by providing needed information and reducing the stress associated with organisational change.
This is a key skill needed by human resource personnel fusing the elaboration stage