by maximizing the earnings of the firm we will ensure that the price per share of common stock is maxi¬mized, hence shareholders' wealth will also be maxi¬mized
Answers
Maximizing the earnings of the firm can lead to an increase in the value of the company's shares, ultimately resulting in the maximization of shareholders' wealth. When the firm earns more, it has the potential to distribute higher dividends or reinvest in the business to create future growth opportunities, both of which can positively impact the share price.
Thus, the focus on maximizing earnings is crucial in generating greater returns for shareholders. It is important to note, however, that there may be other factors that can also influence the value of the company's shares, such as market conditions and competition, which must be taken into consideration. Additionally, a sole focus on short-term earnings may lead to sacrificing long-term investments, research and development, or other strategic initiatives that could drive future growth and shareholder value. Therefore, a holistic approach that considers various aspects, including earnings, financial health, growth prospects, and risk management, is crucial in maximizing shareholders' wealth and ensuring the long-term success of the firm.
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Related Questions
outline 2 advantages to H&H of using secondary market research
Answers
Explanation:
It provides quick information and factual background perspectives
It is less expensive and affordable
as
Enrico waited ten years to file a cause of action against Frederico for a breach of contract claim. Frederico can use
his defense.
O insanity
O necessity
Statute of Limitations
O ignorance of the law
Answers
Answer:
Statue of limitations
Explanation:
(1 point) the manager of a large apartment complex knows from experience that 120 units will be occupied if the rent is 424 dollars per month. a market survey suggests that, on the average, one additional unit will remain vacant for each 2 dollar increase in rent. similarly, one additional unit will be occupied for each 2 dollar decrease in rent. what rent should the manager charge to maximize revenue?
Answers
The maximum revenue is RU = 452106 = 48,032 dollars per month. Let x be the number of 2 dollar increases in rent above 424 dollars.
Then the rent in dollars can be expressed as R = 424 + 2x.
The number of units occupied can be expressed as U = 120 - x.
The revenue generated can be expressed as RU = (424 + 2x)(120 - x).
Expanding and simplifying, we get:
RU = -2x^2 + 56x + 50,880
To maximize revenue, we need to find the value of x that corresponds to the vertex of the parabola.
The x-coordinate of the vertex is given by: x = -b/2a, where a = -2 and b = 56.
x = -56/(2*-2) = 14
Therefore, the optimal number of 2 dollar increases in rent is 14, which corresponds to a rent of R = 424 + 2(14) = 452 dollars per month.
The number of units occupied at this rent is U = 120 - 14 = 106 units.
Thus, the maximum revenue is RU = 452106 = 48,032 dollars per month.
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The rate at which a business increases revenue from sales is
Answers
Answer:
There are only four ways to increase revenue in your business: increase the number of consumers, increase the average transaction size, increase the frequency of transactions per client, and raise your rates.
Explanation:
a recommended tactic for developing teamwork is to explain to a team that it has:
Answers
Developing teamwork is an essential aspect of building a successful team. One recommended tactic for fostering teamwork is to explain to the team that it has a common goal that needs to be achieved.
This means that everyone on the team should work together to achieve the same objective. Each team member should understand that their individual success depends on the success of the entire team. When team members have a clear understanding of their common goal, they are more likely to work together cohesively towards that goal. This fosters a sense of teamwork and collaboration, as everyone understands the importance of working together. In addition to this, it is essential to establish clear roles and responsibilities for each team member to avoid confusion and ensure everyone knows what they are responsible for.
Another recommended tactic for developing teamwork is to encourage open communication among team members. This means creating an environment where team members feel comfortable sharing their thoughts and ideas with each other. When communication is open and honest, team members are more likely to work collaboratively towards a common goal. In conclusion, developing teamwork is crucial for any team's success, and it requires clear communication, a common goal, and defined roles and responsibilities. By implementing these tactics, teams can improve their collaboration, productivity, and ultimately achieve their objectives.
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What was the opening price of Dow Jones Industrial Average on Jul 09, 2018 in the format of XXXXX.XX?
Answers
Answer:
According to yahoo finance, the opening price of the Dow Jones Industrial Average on Jul 09, 2018, is 24519.20.
Explanation:
Dow Jones Industrial Average is a stock indicator of the top 30 companies of the US. Other indicators include NASDAQ Composite and S&P 500.
These indicators are used to assess the performance of the market on a subsequent day. From the historical data from the Yahoo Finance, the value for any day could be found which for July 09, 2018 is 24519.20.
grays company has inventory of 11 units at a cost of $6 each on august 1. on august 3, it purchased 21 units at $9 each. 13 units are sold on august 6. using the perpetual fifo inventory method, what amount will be reported as cost of goods sold for the 13 units that were sold?
Answers
The amount reported as cost of goods sold for the 13 units that were sold using the perpetual FIFO inventory method is $84.
Using the perpetual FIFO inventory method, the cost of the first 13 units sold will be based on the cost of the first 13 units purchased, which will be at the cost of $6 per unit from the August 1 inventory and $9 per unit from the August 3 purchase.
Therefore, the cost of goods sold for the 13 units sold will be:
Cost of 11 units from August 1 inventory: 11 units x $6 per unit = $66
Cost of 2 units from August 3 purchase: 2 units x $9 per unit = $18
Total cost of the 13 units sold = $66 + $18 = $84
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how did the king attempt to solve the financial crisis
Answers
As France descended into a financial crisis, Louis XVI attempted to alleviate the country's troubles by imposing higher tax rates on residents, including new taxes on the nobility. France suffered an increasing economic difficulty throughout the 18th century.
A rapidly expanding population had outstripped food resources. In 1788, a harsh winter caused famine and widespread starvation in the countryside. Bread riots erupted in Paris as prices rose. However, the republic's establishment exacerbated the situation, undermining the country's money market. As a result, policymakers attempted to ease tensions at the cost of disregarding progress. The agricultural and cycle crises of 1845-1848 had a direct impact on Parisian and regional markets.
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Which of the following should typically be ignored because spending has already been made and cannot be changed?
a. variable costs
b. sunk costs
c. marginal costs
d. average marginal costs
Answers
Sunk Cost typically be ignored because spending has already been made and cannot be changed.
What do you mean by Sunk Cost ?
A sunk cost is also called as a retrospective cost.It can be defined as an investment which has already incurred and can't be recovered. It includes marketing, research, new software installation or equipment, salaries and benefits, or facilities expenses.To find the sunk cost Subtract the current value from the as-new price.Example include Advertising expenditure , Research , Labor costs.Hence, in the above case the correct answer is Option B.
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1. As a manger, in accordance with the HR process, how would you work in tandem with HR to ensure that you retain quality employees, thus adding to the overall satisfaction of employee, and keeping turn over low?
Answers
Answer:
The first crucial guideline and ICT information that the management should be conscious of in order to be able to handle the many responsibilities all at once and achieve relevant achievement for the corporation's administration is to organize appropriately.
The second crucial talent that a manager must possess in order to effectively manage a firm is the ability to organise. This refers to the manager's capacity to delegate necessary duties, obligations, and responsibility to the subordinates.
Perform online research to find a car you would like to have. Find out how much it would cost to lease the vehicle, and how much it would cost to own it. In about 500 words, explain how you will decide whether to lease or purchase the car. Any car of your choice.
Answers
Answer: 2022 Tesla Model 3 Standard Sedan
Explanation:
The price of a lease for a Tesla varies according to their type and model. For the sake of comparison of each Tesla model below, each of the pricing options is a result of the following terms: 36-month lease, 12,000 miles per year. For the two newer models (3 and Y), we will pay the minimum $4,500 down payment. For the veteran models (X and S), we will use the minimum required $7,500 down payment. Meanwhile, simply purchasing the vehicle could cost anywhere from $50k to $80k.
Personally, after reviewing the two prices as well as considering any other possible fees and costs, I would most likely lease a Tesla due to its cost being much lower.
why is it important to protect profit motive in a mixed economy
Answers
Answer:
A company's profit motive benefits consumers by ensuring the products and services they need are available at a high quality.
Explanation:
I looked it up, cause I don't know much about this stuff, but I hope it helps you!
Thomas Is a financial advisor to a committee seeking to revive the value of the national currency, which has grown weak. He has to suggest a
point on which the nation should focus in order to strengthen Its currency. Which trade element should Thomas suggest as a focus?
Thomas should suggest that the nation focus on ______
Answers
Answer:
exports of their country
Explanation:
From the question we are informed about Thomas who Is a financial advisor to a committee seeking to revive the value of the national currency, which has grown weak. He has to suggest a
point on which the nation should focus in order to strengthen Its currency. In this case the trade element should Thomas suggest as a focus is that
the nation focus on exports of their country. Whenever a country increases her export, there will be rise in demand for local currency and this will strengthen the local currency power.
If you get 20% off of an item that is now $320, what was the original price before the discount?
Answers
How important is money
Answers
Answer:
very important
Explanation:
money is a global income source for everyone. we all have different types but it is all still money. now say one country got rid of money and had people pay for stuff using other things. if china did that lots of different countries wouldn't be able to get stuff from there unless they had so much of that product they could just give it up.
An aging of a company's accounts receivable indicates that the estimate of uncollectible receivables totals $4,127. If Allowance for Doubtful Accounts has a $1,212 credit balance, the adjustment to record the bad debt expense for the period will require a
Answers
The adjustment to record the bad debt expense for the period will require a debit to Bad Debt Expense and a credit to Allowance for Doubtful Accounts for $2,915.
In this scenario, the aging of the company's accounts receivable indicates that the estimate of uncollectible receivables totals $4,127, and the Allowance for Doubtful Accounts has a $1,212 credit balance.
To record the bad debt expense for the period, you need to follow these steps:
1. Determine the required balance for Allowance for Doubtful Accounts, which is given as $4,127 in this case.
2. Compare the required balance ($4,127) with the current credit balance of Allowance for Doubtful Accounts ($1,212).
3. Calculate the difference between the required balance and the current credit balance: $4,127 - $1,212 = $2,915.
4. Record the adjustment for bad debt expense by debiting Bad Debt Expense and crediting Allowance for Doubtful Accounts with the difference calculated in step 3.
Therefore, The adjustment to record the bad debt expense for the period will require a debit to Bad Debt Expense and a credit to Allowance for Doubtful Accounts for $2,915.
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to maintain the on-going integrity of process equipment, employers must establish and implement
Answers
To maintain the on-going integrity of process equipment, employers must establish and implement an effective equipment maintenance program that is comprehensive, proactive, and consistent.
This involves identifying potential sources of failure or deterioration, setting up appropriate maintenance schedules, and ensuring that all necessary maintenance tasks are carried out on a regular basis.The first step in establishing an effective maintenance program is to conduct a thorough analysis of the process equipment, including identifying all critical components, understanding their expected lifetimes, and assessing their current condition. Based on this analysis, a maintenance plan can be developed that addresses all areas of concern, including preventive maintenance tasks such as cleaning, lubrication, and inspection, as well as corrective maintenance activities such as repairs and replacements.It is also important to establish a system for tracking and recording maintenance activities, including documenting any issues or concerns that are identified during inspections or repairs. This information can then be used to improve the maintenance program over time, identifying areas where additional resources or attention may be needed.In addition to developing and implementing a maintenance program, employers must also ensure that all personnel involved in operating and maintaining process equipment are properly trained and equipped to carry out their responsibilities. This includes providing training on safety procedures, operating manuals, and maintenance procedures, as well as providing access to appropriate tools and equipment.
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In early 2009, General Electric (GE) had a book value of equity of $105 billion, 10.5 billion shares outstanding, and a market price of $10.80 per share. GE also had cash of $48 billion, and total debt of $524 billion. Three years later, in early 2012, GE had a book value of equity of $116 billion, 10.6 billion shares outstanding with a market price of $17 per share, cash of $84 billion, and total debt of $410 billion. Over this period, what was the change in GE's a. Market capitalization? b. Market-to-book ratio? c. Enterprise value?
Answers
Answer and Explanation:
1. The computation of Market capitalization is shown below:-
Market Capitalization in 2009 = Market Price × Outstanding Shares
= 10.5 × $105
= $1,102.5 billion
Market Capitalization in 2012 = Market Price × Outstanding Shares
= $17 × $10.6
= $180.2 billion
Changes in Market Capitalization = Market Price × Outstanding Shares
= $1,102.5 billion - $180.2 billion
= $922.3
b. The computation of Market-to-book ratio is shown below:-
Market to Book Ratio in 2009 = Market Value of Firm ÷ Book Value of Firm
= $1,102.5 billion ÷ $105 billion
= 10.5
Market to Book Ratio in 2012 = Market Value of Firm ÷ Book Value of Firm
= $180.2 billion ÷ $116 billion
= 1.55
Changes in Market to Book Ratio = Market to Book Ratio in 2009 - Market to Book Ratio in 2012
= 10.5 - 1.55
= 8.95
c. The computation of enterprise value is shown below:-
Book Debt to Equity Ratio in 2009 = Debt ÷ Book Value of Equity
= $524 ÷ $105
= 4.99
Book Debt to Equity Ratio in 2012 = Debt ÷ Book Value of Equity
= $410 ÷ $116
= 3.53
Changes in Book Debt to Equity Ratio = Book Debt to Equity Ratio in 2012 - Book Debt to Equity Ratio in 2009
= 3.53 - 4.99
= -1.46
Store supplies of $160 are on hand. The supplies account shows a $1,900 balance. Entry field with correct answer.
Answers
Assuming that the store uses the periodic inventory system, the supplies expense account needs to be adjusted to reflect the actual cost of supplies used during the period.
To calculate the cost of supplies used, we need to subtract the supplies on hand at the end of the period from the beginning balance of the supplies account. periodic inventory system
Beginning balance of supplies account: $1,900
Supplies on hand: $160
Supplies used: $1,900 - $160 = $1,740
Therefore, the entry to adjust the supplies expense account would be a debit of $1,740 and a credit to the supplies account of $1,740. This adjustment ensures that the supplies expense on the income statement reflects the actual cost of supplies used during the period.
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Being able to drive a car is an example of a skill.
Please select the best answer from the choices provided
True Or false
Answers
Answer:
true it is a skill to drive a car you have to learn to be able to drive
The following information was taken from the financial statements of Tolbert Inc. For December 31 of the current fiscal year: Common stock, $20 par (no change during the year) $10,000,000 Preferred $4 stock, $40 par (no change during the year) 2,500,000 The net income was $1,750,000 and the declared dividends on the common stock were $1,125,000 for the current year. The market price of the common stock is $45 per share. For the common stock, determine (a) the earnings per share, (b) the price-earnings ratio, (c) the dividends per share, and (d) the dividend yield. Round to one decimal place, except for dollar amounts which should be rounded to two decimal places
Answers
a. The earnings per share can be calculated as the net income available to common stockholders divided by the number of outstanding common shares: Earnings per share = $3.50, b. Price-earnings ratio = 12.86, c. Dividends per share = $2.25 and d. So, Dividend yield = 0.05 or 5.0%
a. The earnings per share can be calculated as the net income available to common stockholders divided by the number of outstanding common shares. To find the net income available to common stockholders, we need to subtract the dividends paid on preferred stock from the net income:
Net income available to common stockholders = Net income - Preferred dividends
Net income available to common stockholders = $1,750,000 - 0
Net income available to common stockholders = $1,750,000
Number of outstanding common shares = Common stock / Par value per share
Number of outstanding common shares = $10,000,000 / $20
Number of outstanding common shares = 500,000
Earnings per share = Net income available to common stockholders / Number of outstanding common shares
Earnings per share = $1,750,000 / 500,000
Earnings per share = $3.50
b. The price-earnings ratio can be calculated as the market price per share divided by the earnings per share:
Price-earnings ratio = Market price per share / Earnings per share
Price-earnings ratio = $45 / $3.50
Price-earnings ratio = 12.86
c. The dividends per share can be calculated as the dividends paid on common stock divided by the number of outstanding common shares:
Dividends per share = Dividends paid on common stock / Number of outstanding common shares
Dividends per share = $1,125,000 / 500,000
Dividends per share = $2.25
d. The dividend yield can be calculated as the dividends per share divided by the market price per share:
Dividend yield = Dividends per share / Market price per share
Dividend yield = $2.25 / $45
Dividend yield = 0.05 or 5.0%
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Type the correct answer in the box. Spell all words correctly. The demand curve has what kind of slope?
Answers
Answer:
Usually slopes downwards
Explanation:
in a negative association
PLEASE help im stuck
What management principle caused the cost per bushel to change? Explain how the principles applied to this example.
Answers
Answer:
Microeconomics uses a set of fundamental principles to make predictions about how individuals behave in certain situations involving economic or financial transactions. These principles include the law of supply and demand, opportunity costs, and utility maximization. Microeconomics also applies to businesses.
what’s one category you wish fewer taxes were spent on? why?
Answers
I wish less tax money went toward healthcare. While everyone's health is important, I believe there are other social issues that are more pressing and need attention, such as the federal debt or veterans' benefits.
What exactly is a tax?We engage in financial transactions every day, and taxes play a significant role in those transactions. A portion of the money we spend goes into maintaining the area in which we live, whether it is on groceries, a home, or gas.
Taxes are sums of money that an individual or organization must pay to tax bodies to support public spending. Without expecting anything in particular in return, taxpayers pay taxes in accordance with national tax regulations. Taxes are used by governments to fund internal operations, new infrastructure, public health, education, and security.
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Union a wants to represent workers in a firm that would hire 20,000 workers if the wage rate is $12 and would hire 10,000 workers if the wage rate is $15. Union b wants to represent workers in a firm that would hire 30,000 workers if the wage is $20 and would hire 33,000 workers if the wage is $15. Which union is more likely to organize?
Answers
We must take into account the elasticity of labour demand in each situation in order to identify which union is most likely to form. The degree to which the demand for labour is responsive to variations in
The act of integrating or merging two or more objects into a single entity is referred to as a union. A group of employees who have banded together to collectively negotiate for better pay, benefits, and working conditions from their employer is typically referred to as a union in the context of organisations. In sectors like manufacturing or transportation where employees deal with difficult working conditions or poor pay, unions are frequently established. Unionized workers can increase their bargaining strength and improve their ability to deal with management by uniting. Yet, unions have also come under fire, with some contending that they may be unduly demanding and may hurt firms' ability to
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smashed pumpkins company paid $80 in dividends and $519 in interest over the past year. the company increased retained earnings by $432 and had accounts payable of $510. sales for the year were $16,020 and depreciation was $692. the tax rate was 35 percent. what was the company's ebit? multiple choice $1,307 $1,578 $5,607 $1,184 $788
Answers
The company's EBIT is approximately $522.08. None of te option is correct.
To determine the company's EBIT (Earnings Before Interest and Taxes), we need to subtract the interest expense and taxes from its operating income. Here's how we can calculate it step by step:
Start with the company's net income: Since the problem doesn't provide the net income directly, we can calculate it by considering the dividends paid, the increase in retained earnings, and the accounts payable. The formula is:
Net Income = Dividends + Increase in Retained Earnings - Accounts Payable
Plugging in the given values:
Net Income = $80 + $432 - $510
= $2
Calculate the taxable income: Taxable income is the net income before deducting taxes. Since the tax rate is 35 percent, we can use the formula:
Taxable Income = Net Income / (1 - Tax Rate)
Plugging in the values:
Taxable Income = $2 / (1 - 0.35)
= $2 / 0.65
= $3.08 (rounded to two decimal places)
Calculate the interest expense: The problem states that the company paid $519 in interest over the past year.
Calculate the EBIT: EBIT is calculated by adding interest expense and taxes to taxable income. The formula is:
EBIT = Taxable Income + Interest Expense
Plugging in the values:
EBIT = $3.08 + $519
= $522.08 (rounded to two decimal places)
Therefore, the company's EBIT is approximately $522.08. None of the provided answer choices match this value exactly. It's possible that there was an error in the answer choices or in the given information.
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The weekly time tickets indicate the following distribution of labor hours for three direct labor employees: Hours Job 301 Job 302 Job 303 Process Improvement Tom Couro 10 15 13 2 David Clancy 12 12 14 2 Jose Cano 11 13 15 1 The direct labor rate earned per hour by the three employees is as follows: Tom Couro $32 David Clancy 36 Jose Cano 28 The process improvement category includes training, quality improvement, and other indirect tasks. a. Journalize the entry to record the factory labor costs for the week. If an amount box does not require an entry, leave it blank.
Answers
Answer:
Total productive hours worked on each job is as follows:
Tom Couro = Job 301 + Job 302 + Job 303 = 10 + 15 + 13 = 38
David Clancy = Job 301 + Job 302 + Job 303 = 12 + 12 + 14 = 38
Jose Cano = Job 301 + Job 302 + Job 303 = 11 + 13 + 15 = 39
WIP = (38*22) + (38*36) + (39*28)
WIP = 1216 + 1368 + 1092
WIP = 3,676
Indirect labor = (2*32) + (2*36) + (1*28)
Indirect labor = 64 + 72 + 28
Indirect labor = 164
Date Account titles and Explanation Debit Credit
Work in process $3,676
Factor overhead $164
Wages payable $3,840
answer this question plz n thank you. (posted the 1st n 2nd question. gonna post 2 other ones.)
3. Many jobs in the Personal Services pathway—such as hairdresser, personal trainer, massage therapist or barber—involve caring for people’s physical needs. List two important qualities that might be needed for success in these kinds of careers and explain how each of the qualities you mentioned are important to finding success in this field.
Answers
Answer:
Confidece, and empathy.
Explanation:
Confidence to know you will do great at your job, and empathy to know how others feel about themselves!
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Selected information regarding a company's most recent quarter follows (all data in thousands). Ending work in process inventory $ 700 cost of goods manufactured $ 890 direct labor $ 400 direct materials used $ 230 beginning work in process inventory $ 310 what was manufacturing overhead for the quarter?
Answers
Answer:
27
Explanation:
68
a firm in a price-taker market group of answer choices must take the price that is determined in the market. must reduce its price if it wants to sell a larger quantity. must be large relative to the total market. can exert a major influence on the market price.
Answers
A firm in a price-taker market must take the price that is determined in the market and cannot exert a major influence on the market price.
A price-taker market refers to a market in which the costs of goods or services are determined by the demand and supply of the market, and the individual market participant has no influence over the costs of goods or services.
This refers to the fact that companies in such markets cannot set the prices for their products; instead, they must conform to the prevailing market conditions. Examples of price-taker markets include agricultural goods, textiles, raw materials, and other non-branded products.
To improve their sales, companies must look for other ways to increase their revenue, such as reducing their costs, increasing their production capacity, or entering new markets. Hence, a firm in a price-taker market group of answer choices must take the price that is determined in the market.
However, the firm can reduce its price if it wants to sell a larger quantity, and must be small relative to the total market and a price-taker market cannot exert a major influence on the market price.
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