The correct answer is C. Without a high gross margin, department stores will be unable to achieve a high asset turnover.
Gross margin refers to the difference between the sales revenue generated from the sale of products and the cost of goods sold (COGS). It represents the profitability of each unit sold before considering operating expenses. For department stores, achieving a high gross margin is important because it directly affects their ability to generate a high asset turnover.
Asset turnover is a measure of how efficiently a company utilizes its assets to generate sales. It is calculated by dividing net sales by total assets. By achieving a high gross margin, department stores can generate higher profits from each unit sold, which in turn allows them to generate higher sales revenue relative to their investment in assets. This leads to a higher asset turnover, indicating that the department store is effectively utilizing its resources to generate sales.
Options A, B, D, and E do not accurately reflect the primary reason why achieving a high gross margin is important for department stores. While department stores may have higher operating expenses than other retail formats (option A), the focus is on achieving a high asset turnover to maximize profitability. Financial objectives (option B) may include various performance metrics, but the primary driver of achieving a high asset turnover is the gross margin. The strategic profit model (option D) and becoming a discounter (option E) are not directly related to the importance of achieving a high gross margin.
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What two defenses are available to employers defending themselves against discrimination charges?
A) BFOQ and business necessity
B) EEO and business necessity
C) BFOQ and affirmative action
D) EEO and affirmative action
The two defenses available to employers defending themselves against discrimination charges are BFOQ (Bona Fide Occupational Qualification) and business necessity.
BFOQ is a defense that employers can use when they can demonstrate that a particular characteristic, such as gender or age, is reasonably necessary for a specific job or task. For example, hiring only female actors for female roles in a movie would be considered a BFOQ defense. On the other hand, the business necessity defense requires employers to show that a particular employment practice or requirement is necessary for the operation of their business and is related to the job in question. This defense focuses on showing that the practice is essential for the organization's legitimate business interests.
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a company has fixed costs of $270,000, a unit contribution margin of $14, and a contribution margin ratio of 55%. if the firm wants to earn a target $60,000 pretax income, what amount of sales must the company make (rounded to the nearest whole dollar)? group of answer choices 490,909. 330,000. 109,090. 381,818. 600,000.
To calculate the sales amount needed for the company to reach its target pretax income, we can use the formula:
Sales = (Fixed Costs + Target Income) / Contribution Margin Ratio
In this case, the fixed costs are $270,000, the target income is $60,000, and the contribution margin ratio is 55% (0.55 as a decimal).
Sales = ($270,000 + $60,000) / 0.55
Sales = $330,000 / 0.55
Sales ≈ $600,000
Thus, the company must make sales of approximately $600,000 to achieve a pretax income of $60,000 with fixed costs of $270,000 and a unit contribution margin of $14. The correct answer is 600,000.
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the ltvs of collateral pools as determined by the issuers versus ltvs of collateral pools determined by the rating agencies, are usually very different. the primary reason for this difference is that
The issuers and rating agencies use different methodologies to determine the loan-to-value ratios (LTVs) of the collateral pools.
Issuers may use more aggressive assumptions or different criteria when valuing the collateral, while rating agencies generally have more conservative methodologies that take into account potential market volatility and other risks.
Additionally, rating agencies may have more access to data and resources than the issuers, allowing them to make more informed and accurate assessments of the collateral's value. As a result, the LTVs determined by the rating agencies may be lower than those determined by the issuers, which can affect the credit rating and pricing of the securitized product.
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which of the following strategies best illustrates the use of subliminal stimulation?
a. A store plays a musical soundtrack in which a faint and unnoticeable verbal warning against shoplifting is repeated frequently.
b. A TV show uses a laugh track to make the audience think the show is humourous
c. A radio advertiser makes the "mmmm good" sound for a candy advertisement
d. An unseen television narrator repeatedly suggests that you are thirsty while a cold drink is visually displayed on the screen.
The strategy that best illustrates the use of subliminal stimulation is d. An unseen television narrator repeatedly suggests that you are thirsty while a cold drink is visually displayed on the screen.
Subliminal stimulation refers to the presentation of stimuli at a level below the conscious awareness of individuals, influencing their thoughts, feelings, or behavior without their explicit knowledge. In option d, the television narrator is using subliminal messaging by repeatedly suggesting that the viewer is thirsty. The message is presented below the conscious awareness, aiming to evoke a subconscious desire for a cold drink. The visual display of a cold drink reinforces the suggestion and attempts to influence the viewer's purchasing behavior without their explicit awareness.
Options a, b, and c do not involve subliminal stimulation as they rely on conscious perception. In option a, the verbal warning against shoplifting, although faint, is still consciously audible to individuals. Option b uses a laugh track, which is consciously perceived and aims to influence the audience's perception of humor. In option c, the "mmmm good" sound for a candy advertisement is consciously heard and intends to create positive associations with the product.
It's important to note that subliminal messaging is a controversial topic, and the effectiveness of subliminal stimulation in influencing behavior is debated among researchers.
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in which of the following cases is the government's action appropriate for reducing inefficiency? responses taxation of the output of a chocolate factory that emits an aroma tha residents of the city enjoy taxation of the output of a chocolate factory that emits an aroma tha residents of the city enjoy regulation that reduces the output of a monopoly regulation that reduces the output of a monopoly a lump-sum tax on a monopolist a lump-sum tax on a monopolist a subsidy for the consumption of a good produced by a plant that emits a pollutant as a by-product a subsidy for the consumption of a good produced by a plant that emits a pollutant as a by-product a toll on a congested bridge
The government's action is appropriate for reducing inefficiency in the case of regulation that reduces the output of a monopoly.
When a monopoly exists, it has the power to restrict output and charges higher prices, leading to market inefficiency and reduced consumer welfare. By implementing regulation that reduces the output of a monopoly, the government can promote competition and enhance market efficiency. This can be achieved through measures such as setting production quotas, price controls, or breaking up the monopoly into smaller, more competitive firms. By limiting the monopoly's market power and encouraging competition, consumers can benefit from lower prices, increased choice, and improved overall economic efficiency. Regulating monopolies is a common approach to addressing market failures and promoting more competitive and efficient markets.
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freedom of contract holds that individuals and corporations have an inherent right to make legally binding, mutual agreements without arbitrary or unreasonable legal restrictions. T/F
True.Freedom of contract is a legal principle that recognizes the right of individuals and corporations to enter into voluntary agreements without undue interference from the government or other parties.
It upholds the idea that parties should have the autonomy to negotiate and determine the terms and conditions of their contracts as long as they are not illegal or against public policy. This principle is often associated with the principles of individual freedom, private property rights, and free market economics.
In conclusion, freedom of contract does indeed hold that individuals and corporations have an inherent right to make legally binding, mutual agreements without arbitrary or unreasonable legal restrictions.
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if your friend helps you move from one apartment to another, and then asks for a brand new laptop in exchange, this is an example of what?
This is an example of barter exchange. The direct exchange of commodities or services, either at agreed-upon exchange rates or through negotiation, without the use of a middleman like money.
It is said to be the earliest type of trade. A different form of commerce called barter involves exchanging goods and services directly for one another rather than via the use of money. For instance, a farmer would trade a shoemaker a pair of shoes for a bushel of wheat.
A barter system is regarded as a traditional form of transaction. Before money was invented, this system had been in use for many years. People began exchanging products and services for further goods and services.
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The Portfolio Kanban Funnel captures all new big ideas from any source. What are two typical drivers of Epic creation? (Choose two.)
a. Building a Lean business case with a go or no-go recommendation
b. Establishing Cost of Delay for business benefits
c. Improving the efficiency or cost for a solution or its operation
d. Creating a detailed Epic Hypothesis Statement
e. Identifying problems with existing solutions that block business or technical performance
The two typical drivers of Epic creation in the context of the Portfolio Kanban Funnel are: a. A Lean business case with a go or no-go recommendation. c. Improving the efficiency or cost for a solution or its operation.
These drivers focus on evaluating the potential value and impact of an Epic before it is considered for further development. Building a Lean business case ( a) involves assessing the feasibility, viability, and alignment of the Epic with the organization's goals and objectives. It helps determine whether the Epic should proceed or not.
Improving the efficiency or cost for a solution or its operation ( c) involves identifying opportunities to enhance the efficiency, cost-effectiveness, or overall performance of an existing solution. This driver seeks to address existing challenges or limitations and drive improvements through the development of an Epic.
While s b, d, and e may be relevant in different stages of the Agile or product development process, they are not specifically identified as drivers of Epic creation in the given context.
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The following estimates have been prepared for a project:
Fixed costs: $27,000
Depreciation: $18,000
Sales price per unit: $3
Accounting break-even: 20,000 units
What must be the variable cost per unit? (Round your answer to 2 decimal places.)
To find the variable cost per unit, we need to use the accounting break-even formula:
Accounting Break-Even = (Fixed Costs + Depreciation) / (Sales Price per Unit - Variable Cost per Unit)
We are given the following information:
Fixed Costs = $27,000
Depreciation = $18,000
Sales Price per Unit = $3
Accounting Break-Even = 20,000 units
Substituting these values into the formula, we can solve for the variable cost per unit:
20,000 = ($27,000 + $18,000) / ($3 - Variable Cost per Unit)
20,000($3 - Variable Cost per Unit) = $45,000
$60,000 - $3(20,000) = $45,000
$60,000 - $60,000/3 = $45,000
$40,000 = $45,000 - $15,000V
$15,000V = $5,000
V = $5,000 / $15,000
V = 0.33 or $0.33 per unit (rounded to 2 decimal places)
Therefore, the variable cost per unit must be $0.33 in order to achieve an accounting break-even point of 20,000 units with the given fixed costs, depreciation, and sales price per unit.
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do creditors always report activity on your account and all new accounts to the three credit reporting bureaus?
Not all creditors report activity on your account and all new accounts to the three credit reporting bureaus.
While many creditors do report to the major credit bureaus (Equifax, Experian, and TransUnion), some may only report to one or two, and some may not report at all. In addition, the timing of when a creditor reports to the bureaus may vary, and some may report more frequently than others. It is important to review your credit reports regularly to ensure that all of your accounts are being reported accurately and to dispute any errors. It is also a good idea to communicate with your creditors to understand their reporting policies and to request that they report to all three bureaus if they are not already doing so.
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why does the u.s. treasury now prefer to use ""uniform price"" auctions to sell its securities rather than ""discriminatory price"" auctions? explain.
The U.S. Treasury now prefers to use "uniform price" auctions to sell its securities rather than "discriminatory price" auctions because uniform auctions allow more transparency or promoting fair market competition.
Competition refers to the rivalry and contest among individuals, companies, or entities in a marketplace to attract customers, gain market share, and achieve a competitive advantage. It drives innovation, efficiency, and improvement in products, services, and pricing. Healthy competition encourages businesses to strive for excellence, meet customer needs, and adapt to changing market dynamics. It can lead to lower prices, better quality, increased customer choice, and overall economic growth. Effective competition is often regulated to prevent monopolistic practices and promote fair market conditions.
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sales taxes collected by a retailer are reported as group of answer choices contingent liabilities. revenues. expenses. current liabilities.
According to the question, Sales taxes collected by a retailer are reported as current liabilities.
Sales tax is a tax imposed by the government on the sale of goods and services. When a retailer collects sales tax from a customer, it is considered as a current liability until the taxes are remitted to the government. The retailer is responsible for collecting the tax from the customer and then paying it to the government. Until the tax is paid, it is considered as a current liability on the retailer's balance sheet. The amount of sales tax collected by a retailer is usually shown separately on the income statement as revenue and then subtracted as an expense.
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one example in which people make rational choices that lead to a less-than-ideal result is ______.
one example in which people make rational choices that lead to a less-than-ideal result is the "Prisoner's Dilemma,".
In the strategy game "Prisoner's Dilemma," players make defensible decisions that result in less-than-ideal outcomes for everyone.
When people are constantly motivated to make choices that are detrimental to the group as a whole, a situation described as a "prisoner's dilemma" arises. The prisoner's problem emerges in a variety of economic contexts. People discover that betraying the group results in larger benefits than collaborating in the classic prisoner's dilemma. If the same games are performed often, each person may come up with a cooperative strategy. Despite what may seem to be unfavorable individual motives, people have devised a number of techniques to get past the prisoner's dilemma to pick superior overall results. The prisoners' dilemma is an illustration of how reasonable decisions can result in less-than-ideal outcomes. It is a game of strategy in which two players make logical decisions that result in outcomes that are less than optimal for both of them. Assume that both inmates act rationally and are familiar with game theory. In the scenario of the prisoners' dilemma, if one confesses and the other doesn't, the one who does would receive a less sentence; yet, if both confess, they will both receive a punishment that is worse than if neither had confessed.
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as the manager of a firm you calculate the marginal revenue is $152 and marginal cost is $200. you should:
In the scenario where the marginal cost is more than the marginal revenue (MC > MR) and the marginal revenue is $152 and the marginal cost is $200, the company is in a negative net present value situation. Each additional unit of production produced by the company in this circumstance results in a loss.
A unit's marginal cost, as used in economics, is the difference in total production costs that results from creating or manufacturing an extra unit. Divide the change in production costs by the change in quantity to obtain the marginal cost.
To assess when a company may reach economies of scale to maximize production and all other activities, the marginal cost analysis is done.
The producer may make money if the marginal cost value of manufacturing one more unit is lower than the price per unit.
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fixed costs including depreciation have increased at leverage incorporated from $4 million to $5.3 million. suppose that the company now breaks even on an accounting basis with sales of $20 million. what must be the break-even variable cost as a percentage of sales? enter your answer rounded to one decimal place. for example 51.2.
To find the break-even variable cost as a percentage of sales, we need to first calculate the total fixed costs.
Total fixed costs = $5.3 million (including depreciation) - $4 million (previous fixed costs)
= $1.3 million
Next, we can use the break-even formula:
Sales - Variable Costs - Fixed Costs = 0
Substituting in the given values, we get:
$20 million - Variable Costs - $1.3 million = 0
Solving for variable costs, we get:
Variable Costs = $18.7 million
Finally, we can calculate the break-even variable cost as a percentage of sales:
Break-even variable cost as a percentage of sales = (Variable Costs / Sales) x 100
= ($18.7 million / $20 million) x 100
= 93.5%
Therefore, the break-even variable cost as a percentage of sales is 93.5%.
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an increase to an entity's valuation allowance might be called for when:
An increase to an entity's valuation allowance may be called for when there is a higher likelihood that the entity's assets, such as accounts receivable or investments, will not be fully realized or when there is uncertainty about the recoverability of the entity's assets.
A valuation allowance is a contra-asset account that is used to reduce the carrying value of certain assets to their estimated realizable value. It is typically applied to assets where there is uncertainty or doubt about their recoverability. An increase to the valuation allowance occurs when the entity determines that the likelihood of recovering the full value of its assets has decreased.
Several factors can lead to an increase in the valuation allowance. For example, if an entity has a significant amount of accounts receivable that are past due or considered uncollectible, it may increase the valuation allowance against those receivables.
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a company borrowed money from a local bank. the note the company signed requires five annual installment payments of $30,000 beginning immediately. the interest rate on the note is 9%. what amount did the company borrow? amount of each installment payment $30,000 interest rate 9% number of years 5 amount borrowed
Based on the information provided, we can calculate the present value of the five annual installment payments of $30,000 each, using the formula for present value of an annuity. With an interest rate of 9% and a term of 5 years, the present value of the annuity is approximately $118,700.
Since the annuity represents the repayment of the borrowed amount, we can conclude that the company borrowed approximately $118,700 from the local bank.
It's important to note that the interest rate of 9% is an annual rate, so the interest charged on the loan will be spread out over the five-year term. This means that the actual amount paid by the company will be higher than $118,700, as they will be paying interest in addition to the principal borrowed.
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1) Destructive leadership is less likely to occur in organizations that ______.
a-encourage employee initiative and involvement
b-perform primarily simple tasks
c-stress the need for certainty
d-use extrinsic rewards for good performance
Destructive leadership is less likely to occur in organizations that encourage employee initiative and involvement. The correct option is A) encourage employee initiative and involvement.
When employees feel empowered and have the opportunity to contribute to the decision-making process, they are more invested in the success of the organization. This leads to a more positive work environment and reduces the likelihood of destructive leadership behaviors such as micromanaging, bullying, and abusive behavior.
On the other hand, organizations that perform primarily simple tasks or stress the need for certainty may be more susceptible to destructive leadership. When there is little room for creativity or uncertainty, leaders may feel the need to exert control over their employees, leading to destructive behaviors.
Using extrinsic rewards for good performance may also lead to destructive leadership if the rewards are not based on fair and objective criteria. If leaders play favorites or use rewards to manipulate their employees, this can create a toxic work environment and lead to destructive behaviors.
In summary, encouraging employee initiative and involvement is key to reducing the likelihood of destructive leadership in organizations.
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Because it involves the notary actually "witnessing" a person committing the act of signing a document, signature witnessing is the single most common notarial act that will be performed during a loan document signing
While signature witnessing is important in loan document signings, the frequency of different notarial acts can vary based on the specific requirements of the transaction and the legal jurisdiction in which it takes place.
While signature witnessing is indeed a common notarial act performed during a loan document signing, it may not necessarily be the single most common notarial act in all contexts or jurisdictions. The frequency of different notarial acts can vary depending on the specific legal requirements and the nature of the transactions being conducted.
In addition to signature witnessing, other common notarial acts performed during loan document signings may include:
Acknowledgment: This involves the notary certifying that the signer has acknowledged their signature voluntarily and that they are the person they claim to be.
Jurat: In this act, the notary certifies that the signer has made a solemn affirmation or oath regarding the truthfulness of the contents of the document.
Copy Certification: Sometimes, lenders or borrowers may require notarized copies of certain documents. The notary can certify that a copy is a true and accurate reproduction of the original document.
Affidavit or Sworn Statement: Notaries may be involved in administering oaths or affirmations for borrowers or witnesses providing sworn statements or affidavits.
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another term for storage cost is: group of answer choices delivery cost ordering cost carrying cost capital cost
The correct answer to your question is option C. carrying cost. Carrying cost refers to the expenses incurred in maintaining and storing inventory, including costs associated with warehousing, handling, and managing inventory levels.
Carrying costs can include rent, utilities, insurance, taxes, security, and depreciation of equipment and facilities. Carrying cost is an important consideration for businesses that carry inventory, as it can have a significant impact on their bottom line. The higher the carrying cost, the more expensive it is for a business to maintain inventory levels. This can lead to higher prices for customers, lower profit margins, and reduced competitiveness in the marketplace. Businesses can reduce carrying costs by implementing efficient inventory management practices, such as using just-in-time inventory systems, optimizing order quantities, and reducing lead times. By minimizing the amount of inventory that needs to be stored, businesses can lower their carrying costs and improve their overall profitability. In conclusion, carrying cost is another term for storage cost, and it is an important factor that businesses must consider when managing inventory. By minimizing carrying costs through efficient inventory management practices, businesses can improve their competitiveness and profitability in the marketplace.
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The Ford Motor Company recently acquired Mazda, a Japanese auto maker, and Jaguar, a British auto maker.This is an example of cross-border M&A.This was a Greenfield investment.none of the optionsThis is an example of cross-border M&A, and was also a Greenfield investment.
This is an example of cross-border M&A, as Ford Motor Company acquired two foreign auto makers, Mazda and Jaguar.
Cross-border M&A refers to the merger or acquisition of companies from different countries, with the aim of gaining market share or expanding the business globally. In this case, Ford Motor Company aimed to expand its product offerings and strengthen its presence in the global automotive industry.
However, this was not a Greenfield investment, which typically involves establishing a new business or investing in a new project in a foreign country. Instead, Ford Motor Company acquired existing companies with established brands and operations. This allowed the company to leverage the existing infrastructure and resources of Mazda and Jaguar to achieve its strategic goals.
In conclusion, the acquisition of Mazda and Jaguar by Ford Motor Company is an example of cross-border M&A, but not a Greenfield investment. It represents a strategic move by Ford to expand its business globally and strengthen its position in the automotive industry.
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northern air would like to sell 3,300 shares of stock using dutch auction underwirintg. the bids received area: hioow much will teh comapny raise in its offer? ignroe all floation and transaction csots
The company will raise 94,380. The correct option is d. 94,380.
In a Dutch auction underwriting, the company sets a price range within which it is willing to sell its shares, and potential investors submit bids indicating the quantity of shares they are willing to purchase at a particular price. The price starts high and is gradually lowered until the company sells all of its shares or until the minimum price is reached. In this case, the company wants to sell 3,300 shares, so we need to determine the lowest price at which all of the shares will be sold.
The bids are sorted in descending order of the quantity of shares bid, and then in ascending order of the price bid. The first bid to be filled is the one with the highest price, and then the price is gradually lowered until all of the shares are sold. The table below shows the cumulative quantity of shares bid and the corresponding price:
Price Quantity
29.10 550
28.75 1,200
28.60 2,250
28.25 3,500
28.05 4,950
The company will sell 3,300 shares at a price of $28.60 per share, which is the lowest price at which all of the shares can be sold. Therefore, the company will raise:
3,300 shares x $28.60 per share = $94,380
The correct option is d. 94,380.
The complete question is:
Northern Air would like to sell 3,300 shares of stock using Dutch auction underwriting. The bids received are:
Bidder Quantity Price
A 550 29.10
B 650 28.75
C 1,050 28.60
D 1,250 28.25
E 1,450 28.05
How much will the company raise in its offer? Ignore all flotation and transaction costs.
a. 93,225
b. 122,635
c. 94,875
d. 94,380
e. 96,030
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true of false each employer who withholds income tax, social security tax, and medicare tax from employee earnings must furnish each employee with a quarterly statement.
False. Each employer who withholds income tax, Social Security tax, and Medicare tax from employee earnings is required to furnish each employee with an annual statement, not a quarterly statement.
This statement is commonly known as the W-2 form and must be provided to employees by January 31st of the following year. The W-2 form provides employees with information about their total earnings for the year, as well as the amount of taxes withheld from their paychecks for income tax, Social Security tax, and Medicare tax.
It also includes other relevant information such as contributions to retirement plans and any other benefits received. The purpose of the W-2 form is to assist employees in accurately reporting their income and fulfilling their tax obligations when filing their annual tax returns. Employees must use the information on the W-2 form to complete their tax forms, including Form 1040.
It's important for employers to ensure that they provide accurate and timely W-2 forms to their employees to comply with tax regulations and to assist their employees in meeting their tax obligations.
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which one of the following is not considered to be a form of market failure? equity and fairness need for public goods the kinked demand advantage asymmetric information
The kinked demand advantage is not considered to be a form of market failure.
The kinked demand curve is a model used to explain price rigidity in oligopolistic markets, where a small number of large firms dominate the market. The kinked demand curve model suggests that firms in an oligopoly have an incentive to keep their prices stable, even in the face of changes in their costs, in order to avoid price wars and maintain market share. This is not considered a form of market failure, but rather a natural outcome of the behavior of firms in a market with high barriers to entry and limited competition. In contrast, equity and fairness, the need for public goods, and asymmetric information are all examples of market failures where the free market fails to allocate resources efficiently.
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at the beginning of 2024, priester dental supplies had outstanding 4 million shares of $100 par, 8% cumulative, nonparticipating preferred stock and 20 million shares of $1 par common stock. during 2024, priester declared and paid cash dividends of $100 million. no dividends had been declared or paid during 2023. on january 12, priester issued a 5% common stock dividend when the quoted market price the common stock was $20 per share. what amount of cash did priester distribute to common shareholders?multiple choice$56 million$36 million$100 million$68 million
The correct answer is option (d). To calculate the cash distribution to common shareholders, we need to first calculate the amount of dividends paid to preferred stockholders and the number of additional shares issued due to the stock dividend.
Dividends on Preferred Stock:
The preferred stock is cumulative and nonparticipating, which means that the preferred stockholders are entitled to receive their dividends before any dividends can be paid to the common stockholders. The preferred stockholders are entitled to receive an 8% dividend on the par value of $100 per share.
Dividends on preferred stock = 4 million shares x $100 par value x 8% = $32 million
Additional Shares Issued:
The stock dividend of 5% means that for every 20 shares of common stock held, an additional share will be issued. Since there were 20 million shares outstanding at the beginning of the year, the number of additional shares issued is:
Additional shares issued = 20 million shares x 5% = 1 million shares
Cash Distribution to Common Shareholders:
The cash distribution to common shareholders is the remaining amount after the preferred stock dividend has been paid.
Cash distribution to common shareholders = Total dividends - Dividends on preferred stock
Cash distribution to common shareholders = $100 million - $32 million = $68 million
Therefore, the amount of cash that Priester distributed to common shareholders is $68 million.
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setting up a marketing information system can be valuable to marketing managers because
A marketing information system empowers marketing managers with valuable information and insights, enabling them to make informed decisions, improve marketing strategies, and gain a competitive edge in the market.
Setting up a marketing information system can be valuable to marketing managers because it provides several benefits and advantages.
Here are some reasons why:
1. Access to relevant and timely information: A marketing information system collects, organizes, and analyzes data from various sources, providing marketing managers with access to relevant and timely information. This enables them to make informed decisions and develop effective marketing strategies.
2. Improved decision-making: By having access to accurate and up-to-date information about customers, competitors, market trends, and other relevant factors, marketing managers can make more informed and data-driven decisions. This helps them identify opportunities, mitigate risks, and optimize their marketing efforts.
3. Enhanced customer insights: A marketing information system enables marketing managers to gather and analyze data about customer behavior, preferences, and demographics. This helps in understanding customer needs, tailoring marketing campaigns, and improving customer satisfaction and loyalty.
4. Competitive advantage: With a marketing information system, marketing managers can stay updated on competitor activities, market trends, and industry insights. This allows them to identify competitive advantages, develop effective positioning strategies, and differentiate their products or services in the market.
5. Efficient resource allocation: By having access to comprehensive data and insights, marketing managers can allocate their resources more efficiently. They can identify the most effective marketing channels, target the right audience segments, and optimize their marketing budget for maximum impact and return on investment.
6. Monitoring and evaluation: A marketing information system provides tools for tracking and evaluating marketing performance. Marketing managers can measure the effectiveness of their campaigns, monitor key performance indicators, and make necessary adjustments to improve outcomes.
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You are given the following information: Boston Equity Mutual Fund Total assets Total liabilities Total number of shares $ 794 million $ 4 million 20 million Calculate the net asset value for the Boston Equity mutual fund. (Round your answer to 2 decimal places.) Net asset value per share
The net asset value (NAV) per share for the Boston Equity mutual fund can be calculated by dividing the net assets of the fund by the total number of shares.
In this case, the net assets of the fund are calculated by subtracting the total liabilities from the total assets. The total assets are given as $794 million, and the total liabilities are $4 million.
Net assets = Total assets - Total liabilities
Net assets = $794 million - $4 million
Net assets = $790 million
Next, we divide the net assets by the total number of shares to obtain the net asset value per share. The total number of shares is given as 20 million.
Net asset value per share = Net assets / Total number of shares
Net asset value per share = $790 million / 20 million
Net asset value per share = $39.50
Therefore, the net asset value per share for the Boston Equity mutual fund is $39.50. This value represents the estimated value of each share in the fund based on its net assets.
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A decision to carry out one of the activities in the value chain internally rather than externally from a supplier is called a Negotiated purchasing decision b. Make or buy decision a. C. Buy or sell decision d. Transfers at cost to the selling division Select one decision
The correct answer is b) Make or buy decision. A make or buy decision refers to the process of deciding whether to produce a particular product or perform a specific activity internally it to an external supplier.
The act of buy refers to the process of acquiring goods, services, or assets in exchange for a monetary payment or other forms of consideration. It involves the selection, negotiation, and transactional aspects of obtaining a product or service from a seller or supplier. Buying can take place in various contexts, including personal consumption, business procurement, or investment purposes. It typically involves assessing needs, researching options, comparing prices and quality, and making a decision based on value, suitability, and affordability. Buying is an essential economic activity that drives commerce and exchange in the market.
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a parcel of corporate land was recently chosen as the new plant site. what cost allocation should the land receive, based on the following: original cost of $200,000, highest market value during ownership $300,000, net book value of $200,000, a recent offer to purchase for $250,000?
When deciding on the cost allocation for the corporate land that has been chosen as the new plant site, various factors need to be considered. Firstly, the original cost of the land, which was $200,000, can be used as a starting point. However, this figure alone does not take into account any changes in the land's value since it was acquired.
Another relevant factor to consider is the highest market value the land has had during the company's ownership, which is $300,000. This information indicates that the land has appreciated in value since it was purchased, and this appreciation needs to be taken into account when allocating costs. Furthermore, the net book value of the land, which is also $200,000, represents the land's current value according to the company's records. However, this value may not reflect the land's current market value or the amount that it could be sold for.
Finally, the recent offer to purchase the land for $250,000 can also be taken into account when allocating costs. This offer indicates that the land is currently worth more than its original cost but less than its highest market value during ownership. Based on these factors, it may be reasonable to allocate the cost of the land at a value that falls somewhere between its original cost and the highest market value during ownership, possibly taking into account the recent offer to purchase as well. A fair allocation would likely depend on the specifics of the situation, including the purpose of the plant and the company's financial goals.
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interpretive research focuses on understanding the meaning of a product in a consumer's everyday life. group of answer choices true false
True. Interpretive research is a type of qualitative research that aims to understand the subjective experiences and meanings that individuals attach to a particular phenomenon.
In the context of marketing and consumer behavior, interpretive research can be used to explore how consumers make sense of products and brands in their everyday lives. This approach is particularly useful when studying complex or abstract concepts, such as brand identity, consumer culture, or social norms. By focusing on the meanings that consumers attribute to products, interpretive research can provide valuable insights into the factors that shape consumer behavior and decision-making.
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