The adjusting entry for December 31, 2021, will be as follows: Debit Salaries Expense $2,750 and Credit Salaries Payable $2,750 is the answer.
In this scenario, the adjusting entry to record the employees' salaries that they earned but have not yet received is required on December 31, 2021. This entry adjusts the company's books to report the correct amount of salary expense for the year.
To calculate the amount of salaries that have accrued to the employees but have not yet been paid, the following formula can be used:
Salaries Accrued = Daily Rate x Number of Days Salaries have not yet been paid
Since the last pay period ended on December 26, 2021, and the next one ends on January 9, 2022, there are 5 days that are included in the current pay period but not yet paid, and there are 14 days of the next pay period that are not included in this period.
Therefore, the salaries accrued for the current pay period would be as follows:$550 per day x 5 days = $2,750
As a result, the adjusting entry for December 31, 2021, will be as follows:
Debit Salaries Expense $2,750
Credit Salaries Payable $2,750
The Salaries Expense account will be debited for the amount of salaries earned but not yet paid, and the Salaries Payable account will be credited for the same amount.
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a seller's home was listed for sale by a broker. a buyer made an oral offer for the property which the seller accepted. the oral agreement between the seller and buyer called for the seller to pay all closing costs. when the contract was put in writing for all to sign, the contract read that the buyer would pay all closing costs. both the seller and the buyer signed the contract. who would most likely be responsible for paying the closing costs? select one: a. the seller and the buyer would split the closing costs equally b. the seller, the buyer and the broker would split the closing costs equally c. the buyer d. the seller
The options provided do not include the possibility of splitting the closing costs equally between the buyer and seller or involving the broker in the payment. Based on the given information, the buyer would bear the responsibility for paying the closing costs.
Based on the given information, the buyer and seller initially agreed orally that the seller would pay all closing costs. However, when the contract was written, it stated that the buyer would pay all closing costs. Since both the buyer and seller signed the contract, it becomes a legally binding agreement.
In this scenario, the buyer would most likely be responsible for paying the closing costs. The written contract supersedes the oral agreement, and the terms of the written contract would take precedence. Therefore, the buyer would need to pay the closing costs as specified in the contract.
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At what age can you start working?
Answer:
Explanation:
depends on where you live
Explanation:
It really depends on the jobs and requirements but you can USUALLY do small work like walking a dog or babysitting at 13-14
Eduardo is the new manager of Great Corporation. He is sitting at his desk and writing down a list of steps that he can follow to create and maintain a cohesive work group. Which of the following would appear on that list? Select one: O a. Set goals for group members to reduce competition or feelings of jealousy. O b. Celebrate differences so each individual's contribution is noticed.
O c. Focus on supporting the best and brightest" in the group O d. Give praise sparingly; if it is given too often, it loses its luster.
The best option for Eduardo to create and maintain a cohesive work group would be to select option b: Celebrate differences so each individual's contribution is noticed.
By celebrating differences, Eduardo encourages a diverse and inclusive environment where everyone's unique talents and perspectives are valued, ultimately fostering collaboration and cohesion within the group.
Which of the following would appear on that list?
The options are:
a. Set goals for group members to reduce competition or feelings of jealousy.
b. Celebrate differences so each individual's contribution is noticed.
c. Focus on supporting the best and brightest" in the group.
d. Give praise sparingly; if it is given too often, it loses its luster.
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The key tool in the marketing strategy of every successful organization for reaching the targeted customer is _______.
The key tool in the marketing strategy of every successful organization for reaching the targeted customer is effective communication.
Communication plays a vital role in conveying the value proposition of a product or service to the intended audience.
To effectively reach the targeted customer, organizations employ various communication channels and tactics, such as advertising, public relations, digital marketing, social media, content marketing, and direct communication methods like email or personalized messages.
By utilizing these tools, organizations can create targeted and persuasive messages that resonate with their desired customer segments. Understanding customer needs, preferences, and behaviors helps in crafting compelling marketing messages that address their pain points and offer relevant solutions.
Moreover, effective communication also involves building and maintaining strong relationships with customers, fostering trust, and establishing brand loyalty. This can be achieved through consistent messaging, personalized experiences, responsive customer service, and engaging interactions across multiple touchpoints.
Overall, effective communication is essential for organizations to effectively reach their targeted customers, create brand awareness, drive engagement, and ultimately achieve their marketing objectives.
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Which of the following is NOT a useful strategy when making an informed purchase?
1.Compare your option to similar products.
2.Calculate the unit price of the product.
3.Read the online reviews of the product and ask trusted friends who use it.
4.Purchase a product based on a social media influencer.
which situation ONLY describes a purchase with a credit card?
A situation that will happen only with a credit card purchase is D) Mike took his mother out to eat. He handed the waitress a card to purchase the meal. This charge appeared on a bill he received two weeks later.
Which situation happens with a credit card purchase?When we purchase with a credit card, it means that we do not use cash and instead the money is deducted electronically from our card.
We will then see this purchase amount on a credit card bill that is sent after some time like Mike was.
Options for this question include:
A) Ally loves her card because it is convenient to use, and she doesn't have to carry cash.
B) Don pays for lunch with his card. Each time he uses this card his checking account decreases.
C) Nancy purchased a movie ticket with her card. The money came straight out of her checking account.
D) Mike took his mother out to eat. He handed the waitress a card to purchase the meal. This charge appeared on a bill he received two weeks later.
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Across the five years, what is the average revenue generated by sales to public institutions?
A) $498,260,000
B) $99,652,000
C) $500,800,000
D) $307,580,000
E) $93,568,000
What is the difference in revenue generated between sales to businesses and sales to private individuals in Year 5?
A) $358,400,000
B) $207,872,000
C) $150,528,000
D $326,400,000
E) $166,400,000
The lead consultant on the project with Talabot & Hopkins is interested in Talabot & Hopkin's profit development over Year 1 to Year 5.
A) Talabot & Hopkins' proportional profit decreased over the five years.
B) Talabot & Hopkins' profit increased year on year over the five years.
C) Talabot & Hopkins' profit increased over the five years, mainly driven by their sales to private individuals,
D) Talabot & Hopkins'expenses decreased over the five years, which significantly contributed to the profit increase.
E) Talabot & Hopkin's profit increased from $131.1 M in Year 1 to $317.2m in Year 5.
Across the five years the average revenue generated by sales to public institutions is D) $307,580,000.
What does Average revenue mean?
Average revenue is a measure of a company's total income divided by the number of goods or services sold. It is a measure of how much money a company makes on average from each sale. Average revenue per unit or average revenue per sale are other terms for it.
What is the difference in revenue generated between sales to businesses and sales to private individuals in Year 5?
The difference in revenue generated between sales to businesses and sales to private individuals in Year 5 is C) $150,528,000
The lead consultant on the project with E) Talabot & Hopkin's profit increased from $131.1 M in Year 1 to $317.2m in Year 5.
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Julie and Kristen are partners in a local sporting good store. They needed $51,000 to start the
business. They invested in the ratio of 3:10 respectively. How much money did each invest?
What percent is owned by Kristen?
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1uj gyrju3hxif2 2x ce I I b I 6x9
Select the correct answer.
Which marketing strategy is the most effective in the modern era?
O A. relationship marketing
OB. marketing mix
Oc relationship marketing combined with the marketing mix
OD. considering the short-term interests of society
O E.
customer service
Answer:
Customer Service
Explanation:
Tina works a cash register and has to hold her arm at a certain angle to scan her customers' items. What is the ergonomic hazard in this situation?
Select the best option.
Awkward posture
Incorrect tool usage
Relaxed arms and shoulders
Repetitive moveme
Answer:
repetitive movement
Explanation:
i actually had this question in my last period that's so fun hahha good luck
The ergonomic hazard in this situation given above is:
A. Awkward postureAccording to the given scenario, a cashier has to hold her hand in a certain manner in order to properly scan the items of the customers who came to make purchases at the store.
As a result of this, we can see that the ergonomic hazard which is described from the above scenario is that of an awkward posture which Tina, the cashier has to perform.
Therefore, the correct answer is option A
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For what types of beverage service would an electronic pouring system be considered appropriate? Where would it be inappropriate? Give reasons for your answers.
An electronic pouring system is appropriate for beverage service in fast-paced environments, such as restaurants, bars, and cafeterias. This type of system allows for quick and accurate pouring of drinks, which can help to reduce wait times for customers and increase efficiency for staff. Additionally, an electronic pouring system can help to reduce waste and control costs by ensuring that the correct amount of beverage is dispensed each time.
However, an electronic pouring system may be inappropriate for more upscale or formal beverage service settings, such as fine dining restaurants or wine tastings. In these settings, customers may expect a more personalized and attentive service experience, which an electronic pouring system cannot provide.
Additionally, some beverages, such as wine or craft cocktails, may require more delicate or precise pouring techniques that cannot be achieved with an electronic system.
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help pls
Why should a research check that their information is reliable?
How do you determine the validity and reliability of data?
How do you, as a student, organize information?
Why should a researcher
organize their data?
What are different methods for organizing information?
What does it mean to analyze information?
What is the benefit of analyzing information?
Why is it important to analyze information before making a decision
Answer:
Why should a research check that their information is reliable?
It is important to critically evaluate sources because using credible/reliable sources makes you a more informed writer. Think about unreliable sources as pollutants to your credibility, if you include unreliable sources in your work, your work could lose credibility as a result.
How do you determine the validity and reliability of data?
Reliability can be estimated by comparing different versions of the same measurement. Validity is harder to assess, but it can be estimated by comparing the results to other relevant data or theory.
How do you, as a student, organize information?
Students arrange information hierarchically, cate- gorically, sequentially, or in other ways. They discover and depict the overall structure of the material as well as how discrete pieces of information fit together. They organize and reorganize generalizations, principles, concepts, and facts.
Why should a researcher organize their data?
Choosing a logical and consistent way to name and organise your files allows you and others to easily locate and use them. ... Organising your files carefully will save you time and frustration by helping you and your colleagues find what you need when you need it.
What are different methods for organizing information?
Chronological Patterns. Sequential Patterns. Spatial Patterns. Compare-Contrast Patterns. Advantages- Disadvantages Patterns. Cause-Effect Patterns. Problem-Solution Patterns. Topical Patterns.
What does it mean to analyze information?
Information analysis is the systematic process of discovering and interpreting information.
What is the benefit of analyzing information?
Analysis is the process of breaking a complex topic or substance into smaller parts in order to gain a better understanding of it. The technique has been applied in the study of mathematics and logic since before Aristotle (384–322 B.C.), though analysis as a formal concept is a relatively recent development.
Why is it important to analyze information before making a decision?
Before analyzing data, it is important to first clearly understand for whom and for what purpose you are conducting the analysis. ... Therefore, conducting the analysis to produce the best results for the decisions to be made is an important part of the process, as is appropriately presenting the results.
now i hope this helps you
PLZ PLZ PLZ HELP ME OUT GIVING AWAY MY LAST 16 POINTS FOR THIS!!
The introduction of the credit card was one of the things that led to the creation of database marketing.
False
True
Answer:
True
Explanation:
A credit card allows you to make purchases and pay for them later. In that sense, it's like a short-term loan in market of today's situation this has been revealed.
From this we can conclude that it led to the creation of database in marketing.
Suppose that Roots' marginal cost of a jacket is a constant $100.00 and the total fixed cost at one of its stores is $1 comma 000 a day. This store sells 15 jackets a day, which is its profit-maximizing number of jackets. Then the stores nearby start to advertise their jackets. The Roots store now spends $2 comma 000 a day advertising its jackets, and its profit-maximizing number of jackets sold jumps to 55 a day. What is this store's average total cost of a jacket sold before the advertising begins and after the advertising begins. >>> Answer to 2 decimal places. Can you say what happens to the price of a Roots jacket, Roots' markup, and Roots' economy?
Answer:
What is this store's average total cost of a jacket sold before the advertising begins and after the advertising begins.
before advertising costs increase:
marginal cost is constant, so we can state that the total variable costs are $100 per jacket
total fixed costs = $1,000 per day / 15 jackets = $66.67 per jacket
average total cost per jacket before increasing advertising expense = $100 + $66.67 =) $166.67
after advertising costs increase:
total variable costs are $100 per jacket
total fixed costs = $2,000 per day / 55 jackets = $36.36 per jacket
average total cost per jacket after increasing advertising expense = $100 + $36.36 =) $136.36
Can you say what happens to the price of a Roots jacket, Roots' markup, and Roots' economy?
Roots is experiencing economies of scale since average total cost per jacket decreased as the total number of jackets sold increased. But in order to sell that new amount of jackets, their price probably decreased. If the price hadn't changed, then the profit maximizing number of jackets sold per day would be close to 30, but it clearly isn't. That means that the company's markup decreased, but the company is now better off since it is maximizing its profits even though its expenses increased and the markup decreased.
If a profit-maximizing, competitive firm is producing a quantity at which marginal cost is between average variable cost and average total cost, it will?.
If the marginal cost is more than the average variable cost, a firm will keep producing in the near run; if the marginal cost is lower than the average overall cost, a firm will shut down. The company will thus remain open in the short term and exit in the long run if the price is between these two curves.
The term "marginal cost" describes the rise in manufacturing costs brought on by the creation of more product units. Another name for it is the marginal cost of manufacturing.
The profit-maximizing decision for a fully competitive business will occur at the level of output where marginal revenue equals marginal cost—that is, where MR = MC. This happens in the figure when Q = 80.
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How do you select the fruit for jam ?
Answer:
Explanation:
you could buy fruit from the super market or you could get fruits from your backyard garden if you have one or you you collect fruits from farms near you!
Answer:
You can go to your nearest store and get fruit or you can grow different fruit trees but that will take years.
Explanation:
Distinguish the differences between accounting profit, net cash
flows, and operating cash flow.
Please provide reference(s) used to obtain answer.
Accounting profit, net cash flow and operating cash flow are all measures that are used to assess the financial performance of a business capital expenditures they differ from each other accounting Profit Accounting profit refers to the difference between total.
This measure includes both cash and non-cash transactions and is calculated by subtracting expenses from revenue. It takes into account expenses that have been incurred but not paid for and income that has been earned but not yet received. It is important to note that accounting profit is not the same as cash in the bank.
As some of the revenue earned may still be outstanding and some of the expenses may not yet have been paid. Net cash flowNet cash flow refers to the actual cash received and spent by a business over a given period. This measure only includes cash transactions and does not take into account non-cash items such as depreciation. It is calculated by subtracting cash outflows (payments) from cash inflows (receipts) during the period. It provides a more accurate measure of a business's liquidity and is an important consideration when assessing its ability to pay its bills on time. Operating cash flowOperating cash flow refers to the cash generated or used by a business's core operations over a given period.
Complete question:
Distinguish the differences between accounting profit, net cash flows, and operating cash flow.
Please provide reference(s) used to obtain answer?
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what are rock layers
Answer:
the answer is isStratum
in addition to the balance in its bank account, hills company also has $450 of petty cash on hand. this amount is recorded in a separate account called petty cash on hand. what is the total amount of cash that should be reported on the balance sheet at june 30?
The total amount of cash that should be reported on the balance sheet at June 30 is $ 450 + balance in bank account.
Hence, the correct option is a) Balance in bank account plus $450 of petty cash on hand
What is Petty CashPetty cash is a sum of money kept on hand in a business for minor expenditures such as postage, office supplies, and other small expenses. Petty cash balances may be kept in a secured box or drawer, and expenses paid from petty cash should be documented and recorded. Petty cash, as with all cash and bank accounts, should be reconciled on a regular basis to ensure that the petty cash balance equals the cash on hand.
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Cliches are useful to a business writer because they help readers understand the main idea better.
Please select the best answer from the choices provided
T
F
Answer:
F
Explanation:
Answer:
FFFFFFFFFFFFFFFFF
Explanation:
right on edge
Consider the following assembly line metrics for a single-model lawnmower company which balances its production through use of single-worker workstations.: - Cycle time = one lawnmower every 200 seconds - Sum of the task times =10 minutes Compute the efficiency percentage. Enter your answer in decimal format to four places with no \% sign.( i.e. show 12.34% as .1234). Show work in file submitted to last question
The following assembly line metrics for a single-model lawnmower company which balances its production through use of single-worker workstations are:- Cycle time = one lawnmower every 200 seconds.- Sum of the task times =10 minutes.Using the above metrics, let's compute the efficiency percentage. The following equation is used to compute efficiency percentage: Efficiency percentage = (Sum of task times / (No. of stations × Cycle time)) × 100 But, we are not provided with the no. of stations.
Hence, we will use another formula to find it. No. of stations = Sum of task times / Cycle timeUsing this formula, we getNo. of stations = (10 × 60) / 200= 3 Thus, the efficiency percentage will be Efficiency percentage = (Sum of task times / (No. of stations × Cycle time)) × 100 Efficiency percentage = (10 × 60) / (3 × 200) × 100Efficiency percentage = 3 / 2Efficiency percentage = 1.5 (Answer) Hence, the efficiency percentage of the single-model lawnmower company is 1.5.
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which characteristic would concern an auditor about the risk of material misstatements arising from fraudulent financial reporting
Based on the information given, the characteristic that would concern the auditor is professional skepticism.
It should be noted that professional skepticism simply means an attitude that includes an questioning mind and the critical assessment of an audit evidence.
Professional skepticism would concern an auditor about the risk of material misstatements arising from fraudulent financial reporting.
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PLEASE HELP!!!!!! I DON'T KNOW THIS AND IT'S FOR MY FINALS!!!!!!!!!!!
Which term BEST describes the blinking line in a word processing document that marks the spot where text appears as it is typed?
flash mark
mouse indicator
launch location
insertion point
Answer:
The insertion point—also called a cursor—is the blinking line in your document that indicates where text is inserted when you type
The 2014 balance sheet of Maria's Tennis Shop, Inc., showed long-term debt of $4.6 million, and the 2015 balance sheet showed long-term debt of $4.2 million. The 2015 income statement showed an interest expense of $72034. During 2015, Maria’s Tennis Shop, Inc. realized the following:
Cash flow to creditors $ 23522
Cash flow to stockholders $ 74632
Suppose you also know that the firm’s net capital spending for 2015 was $3.9 million, and that the firm reduced its net working capital investment by $98713. What was the firm’s 2015 operating cash flow, or OCF?
Maria's Tennis Shop, Inc.'s operating cash flow (OCF) for 2015 was approximately $3,970,475.
To calculate the operating cash flow (OCF) for Maria's Tennis Shop, Inc. in 2015, we need to use the following formula:
OCF = Net Income + Depreciation Expense + Interest Expense
Given:
Interest Expense = $72,034
Net Capital Spending = $3.9 million
Net Working Capital Investment Reduction = $98,713
We need to find the values for Net Income and Depreciation Expense in order to calculate the OCF.
First, we can calculate the change in long-term debt:
Change in Long-term Debt = Long-term Debt 2015 - Long-term Debt 2014
Change in Long-term Debt = $4.2 million - $4.6 million
Change in Long-term Debt = -$0.4 million
Next, we can calculate the change in net working capital (NWC):
Change in NWC = Net Working Capital Investment Reduction
Change in NWC = -$98,713
Using the cash flow to creditors and cash flow to stockholders, we can calculate the Net Income:
Net Income = Cash Flow to Creditors + Cash Flow to Stockholders + Change in Long-term Debt
Net Income = $23,522 + $74,632 + (-$0.4 million)
Net Income = $97,154
To find the depreciation expense, we need to use the following equation:
Net Capital Spending = Depreciation Expense - Change in Net Working Capital
$3.9 million = Depreciation Expense - (-$98,713)
Depreciation Expense = $3.9 million - $98,713
Depreciation Expense = $3,801,287
Now we can calculate the OCF:
OCF = Net Income + Depreciation Expense + Interest Expense
OCF = $97,154 + $3,801,287 + $72,034
OCF ≈ $3,970,475
Therefore, Maria's Tennis Shop, Inc.'s operating cash flow (OCF) for 2015 was approximately $3,970,475.
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A polar bond is a covalent bond in which there is an electronegativity difference between the two bonded atoms and electrons are shared unequally. The atom with the higher electronegativity will have a partial _____ charge and is marked with the symbol _____ while the atom with the lower electronegativity will have a partial _____ charge and is marked with the symbol _____.
The atom with the higher electronegativity will have a partial negative charge and is marked with the symbol δ− while the atom with the lower electronegativity will have a partial positive charge and is marked with the symbol δ+ .
The electrons in pure covalent bonds are distributed equally. One atom pulls on the electrons with a stronger force than the other in polar covalent bonds, resulting in an unequal distribution of electrons.
A bond is deemed to be non-polar covalent if the difference in electronegativity between the two bound atoms is less than 0.5. The electrons of each atom are drawn to it in roughly equal numbers, which causes them to spend the same amount of time around each atom.
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Verizon offers to buy a laser printer with a case of paper and an extra cartridge from Office Depot for $200. In response to the offer, Pam, Office Depot's representative says "okay, but no paper and no extra cartridge." Pam has a. rejected the offer and made a counteroffer. b. made a counteroffer without rejecting the offer. c. accepted the offer. d. rejected the offer without making a counteroffer. e. formed a valid but unenforceable contract.
Answer:
a. rejected the offer and made a counteroffer.
Explanation:
Counteroffers are mostly prevalent in business negotiations. A counteroffer is an indication that the initial price or condition presented by the offeror was rejected and a new offer is made by the other party. The contract becomes valid when the counteroffer is accepted by the second party.
In the negotiations between Verizon and Office Depot, an initial offer of a laser printer with a case of paper and an extra cartridge, all for $200 was made by Verizon to Office Depot. Office Depot made a counteroffer, which indicates that the initial offer was rejected. In their counteroffer, they only agreed on a laser printer, without paper and an extra cartridge.
Insurance is a financial service that allows a customer to share
with a company*
Liability
Compensation
Deductibles
Premiums
Insurance is a financial service that enables a customer to transfer risk to an insurance company by paying premiums. In return, the insurance company agrees to provide coverage and pay compensation for losses that are covered by the policy.
The correct answer is Premiums.
This compensation can include liability payments to third parties who suffer harm as a result of the policyholder's actions or omissions. When purchasing insurance, the customer often has a choice of deductibles. A deductible is the amount that the policyholder must pay out of pocket before the insurance company starts paying for covered losses. By choosing a higher deductible, the customer can lower their premiums, but they also take on more risk. Overall, insurance is an essential financial tool that helps individuals and businesses manage risk and protect their assets. However, it's important to choose the right coverage and deductibles based on your individual needs and budget. By working with a trusted insurance agent or broker, you can ensure that you have the right coverage at a price you can afford.
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while waiting in line to buy two tacos at $1 each and a medium drink for $1.25, jordan notices that the restaurant has a value meal containing three tacos and a medium drink all for $4. for jordan, if he buys the value meal, then the marginal cost of the third taco would be:
The marginal cost of a good or service is the cost of producing one additional unit of that good or service.
In this case, the marginal cost of the third taco for Jordan is the cost of buying an additional taco as part of the value meal compared to buying just two tacos separately.
To calculate the marginal cost of the third taco, we can subtract the total cost of two tacos and a medium drink from the total cost of the value meal:
Cost of two tacos and a medium drink = $1 * 2 + $1.25 = $2.25
Cost of the value meal = $4
Marginal cost of the third taco = $4 - $2.25 = $1.75
Therefore, the marginal cost of the third taco for Jordan is $1.75. This means that if Jordan buys the value meal, the third taco will cost him $1.75.
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A firm issued $15 million in preferred stock at a price of $3.25 per share. The preferred shares carry a 13% dividend, or $0.43 annually. After paying fees and costs, the firm realizes $2.89 per share issued. What is the cost of capital for this issuance of preferred stock?
Answer:
14.8%
Explanation:
Cost of capital for preferred stock can be calculated by a simple formula
Formula: Cost of preferred capital = dividend/(Current price - floatation cost)
As you can see in the question data current price - floatation cost and dividend is already given as $2.89 and $0.43 respectively. We just need to put values in formula.
Cost of preferred capital = $0.43/$2.89 x 100
Cost of preferred capital = 14.8%
Which of the following characteristics of tourism services explains which guests need to be present when the service is being performed?