The Phillips Company's dividend yield is 5.40%.
The dividend yield of The Phillips Company with the given data can be calculated as follows:
Dividend yield = Annual dividends per share / Market price per share
Where,
Annual dividends per share = Total dividends paid / Number of shares outstanding
Market price per share = $87
Number of shares outstanding = 32,000
Total dividends paid = $150,400
Using the above formula we get,
Annual dividends per share = Total dividends paid / Number of shares outstanding
= $150,400 / 32,000
= $4.70
Market price per share = $87
Dividend yield = Annual dividends per share / Market price per share
= $4.70 / $87
= 0.0540
= 5.40%
Therefore, the dividend yield of The Phillips Company with the given data is 5.40%.
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TufStuff, Inc., sells a wide range of drums, bins, boxes, and other containers that are used in the chemical industry. One of the company's products is a heavy-duty corrosion-resistant metal drum, called the WVD drum, used to store toxic wastes. Production is constrained by the capacity of an automated welding machine that is used to make precision welds. A total of 2,000 hours of welding time is available annually on the machine. Because each drum requires 0.4 hours of welding time, annual production is limited to 5,000 drums. At present, the welding machine is used exclusively to make the WVD drums. The accounting department has provided the following financial data concerning the WVD drums:
Management believes 6,000 WVD drums could be sold each year if the company had sufficient manufacturing capacity. As an alternative to adding another welding machine, management has considered buying additional drums from an outside supplier. Harcor Industries, Inc., a supplier of quality products, would be able to provide up to 4,000 WVD-type drums per year at a price of $138 per drum, which TufStuff would resell to its customers at its normal selling price after appropriate relabeling.
Megan Flores, TufStuff's production manager, has suggested that the company could make better use of the welding machine by manufacturing bike frames, which would require only 0.5 hours of welding time per frame and yet sell for far more than the drums. Megan believes that TufStuff could sell up to 1,600 bike frames per year to bike manufacturers at a price of $239 each. The accounting department has provided the following data concerning the proposed new product:
The bike frames could be produced with existing equipment and personnel. Manufacturing overhead is allocated to products on the basis of direct labor-hours. Most of the manufacturing overhead consists of fixed common costs such as rent on the factory building, but some of it is variable. The variable manufacturing overhead has been estimated at $1.35 per WVD drum and $1.90 per bike frame. The variable manufacturing overhead cost would not be incurred on drums acquired from the outside supplier.
Selling and administrative expenses are allocated to products on the basis of revenues. Almost all of the selling and administrative expenses are fixed common costs, but it has been estimated that variable selling and administrative expenses amount to $0.75 per WVD drum whether made or purchased and would be $1.30 per bike frame.
All of the company's employees-direct and indirect-are paid for full 40 -hour workweeks and the company has a policy of laying off workers only in major recessions.
Required:
Given the margins of the two products as indicated in the reports submitted by the accounting department, does it make sense to consider producing the bike frames? Explain.
No, because it took into account allocated fixed expenses as well, the Product Margin as calculated by the Accounting Department should not be used to make such decisions. When making decisions, variable costs should be taken into account.
What is the profit margin?
Profitability is gauged by profit margin. Finding the profit as a proportion of revenue is used to calculate it. Gross profit margin, operating profit margin, and net profit margin are the three different forms of profit margins. Gross profit is multiplied by net sales to determine gross profit margin.
The product's gross profit margin is determined by the discrepancy between the selling price and the product cost. The gross profit margin is divided by the selling price to produce the product margin. Product margin is equal to the product's selling price divided by its cost. Typically, product margins are expressed as percentages.
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What is the government's goal when providing a company with a subsidy?
a) the government only provides subsidies to poor people.
b) to manage the control of dangerous products entering the marketplace
c) to increase their supply
d ) to manage their supply
Answer:
c) to increase their supply
Explanation:
A subsidy is an incentive or motivation from the government to private businesses or individuals. Subsidies are usually in the form of cash, tax breaks, loans, or grants. The government gives subsidies to support production in the sector it wishes to promote.
Subsidies lower the cost of production to the business. Consequently, an entity increases its production quantities and can supply the market at lower prices. Subsidies, therefore, increase supplies in the market at friendly prices.
How does where you can purchase the candy affect the price? How does it affect the availability?
Tom is the aerobics coordinator at a fitness center. He needs a more efficient way for his instructors to share information. Class schedules are updated on a regular basis. Instructors need to indicate when they cannot teach a class and other instructors need to be able to sign up to cover the class. Instructors also often attend training classes and learn new procedures. Having a place to share their learning and update procedures will benefit them and their clients. Cindy is taking a business class and told Tom about a great tool that will serve their needs. What was the technology tool Cindy told Tom about
Answer:
wikis technological tool
Explanation:
As regards to the case above, the technology tool Cindy told Tom about is wikis technological tool . A wiki can be regarded as collaborative tool that provides students with enablement to make contribution and to perform modifications on one or more than one pages of course related materials. This tool is collaborative in nature, as a result of this, it facilitate community-building within a course. a wiki can be regarded as a web page and a collaborative software that has an open-editing system. It was set up to
the lexicon by Ward Cunningham who was a programmer
Identify and explain two reason why the primary sector is relatively more important to Botswana than India?
Answer:
There is labour abundance in primary sector in India. Also, most of the people are employed in the primary sector because enough jobs are not provided by the secondary and tertiary sector. Employment growth is less in the secondary and tertiary sector. About 63% of the country are absorbed in the primary sector
milk has an inelastic demand, and beef has an elastic demand. suppose that a mysterious increase in bovine infertility decreases both the population of dairy cows and the population of beef cattle by 50 percent.
The demand for milk is said to be inelastic, which means that changes in price have a relatively small impact on the quantity demanded. On the other hand, beef has an elastic demand, meaning that price changes have a significant effect on the quantity demanded.
In this scenario, if there is a mysterious increase in bovine infertility that decreases both the population of dairy cows and the population of beef cattle by 50 percent, it would have different effects on the prices and quantities of milk and beef.
Since the demand for milk is inelastic, a 50 percent decrease in the population of dairy cows may not have a substantial impact on the quantity of milk demanded. Therefore, the price of milk may not change significantly.
On the other hand, the demand for beef is elastic. A 50 percent decrease in the population of beef cattle may result in a significant decrease in the quantity of beef demanded. Consequently, the price of beef may increase due to the decreased supply.
To summarize, the mysterious increase in bovine infertility that decreases both the population of dairy cows and the population of beef cattle by 50 percent may not have a significant impact on the price and quantity of milk, but it may lead to a higher price and lower quantity of beef demanded.
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The par value or stated value of stock represents the amount of legal capital that a corporation must maintain for the protection of the creditors. This statement is.
The par value or stated value of stock represents the amount of legal capital that a corporation must maintain for the protection of the creditors. This statement is True.
What is stock?A stock, usually referred to as equity, is a type of investment that denotes ownership in a portion of the issuing company. Shares, also known as units of stock, entitle its owners to a share of the company's assets and income in proportion to the number of shares they possess.What do you mean by corporation?A corporation operates, realizes net income or loss, incurs tax obligations, and distributes earnings to shareholders. When a corporation makes a profit, the corporation is taxed; but, when dividends are paid to shareholders, the shareholders are taxed. It results in a double tax.Learn more about stock here:
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The characteristic of successful supervisors that involves listening to what employees have to say is known as
wth fill in the blanks
Bankruptcy
Cash
Check
Credit
Debit
Debt
Foreclosure
Expenditures
Credit Card
Debit Card
Impulse Buying
Long-Term Goals
Needs
Short-Term Goals
Wants
Budget
Discretionary Income
Fixed Expenses
Variable Expenses
Scarcity
(not all the words are being used)
1. The amount of financial trust extended to a person or a business by a lender; a loan.
2. Money owed.
3. A legal process that gives a debtor protection from creditors.
4. Goods or services that make people more comfortable or content but which are not necessary for survival.
5. Goods or services that people cannot survive without, such as water, food, shelter, and clothing.
6. Money that is spent on goods, services, and bills.
7. A purchase based on an immediate want or due to the pressure of advertising.
8. Plans that take a year or more to accomplish.
9. Plans that can be accomplished within three months to a year.
10. A record of income and spending and a plan for managing money.
11. Money available to spend on goods and services that are not essential.
12. The economic condition of limited resources that prevents people from having everything they want.
13. Expenses that do not change from month to month, such as auto insurance or rent.
Answer:
1. Credit 2. Debt 3. Bankruptcy 4. Wants 5. Needs 6. Cash 7. Impulse Buying 8. Long-term goals 9. Short-term goals 10. Budget 11. Discretionary income 12. Scarcity 13. Fixed Expenses
Explanation:
the invisible hand ensures that economic prosperity is distributed equally. True/False ?
Answer: False - The invisible hand works through the price system: The interaction of buyers and sellers determines prices. Each price reflects the good's value to buyers and the cost of producing the good. Prices guide self-interested households and firms to make decisions that, in many cases, maximize society's economic well-being.
Explanation:
Quizlet Econ Chapter 1
June 1: Byte of Accounting, Inc. Acquired $78,200 in cash from lauren and issued 3,400 shares of its common stock.
Answer:
Question requires that a journal entry is done;
Date Account Title Debit Credit
June 1 Cash $78,200
Common Stock $78,200
Allen Furniture Company is considering offering an inexpensive line of college dorm and apartment furnishings. If they move forward, they will renovate part of their store to accommodate this new stock. Before spending the money to redesign the store, they first want to find out customer interest. In a short response of approximately 100 words, describe some of the steps they should take as they consider this project.
Answer:
Allen Furniture Company should look into conducting a survey to gauge customer interest to find what they look for, need, and find attractive. They could do so by going to college campuses and conducting random interviews. For their apartment furnishings, they could look online to see what kind of product sell and do an analysis of customer interest that way and they could also conduct a survey for people that live in apartments. They could also look into a consultant that specializes in the field and is experienced with what customers like or want.
Employers search résumés for keywords manually and electronically. Please select the best answer from the choices provided T F.
A resume is a formal document created by a job candidate to itemize their skills for a post.
What are the meanings of keywords in job applications?Keywords are words or brief sentences that correspond to work requirements. Hiring managers use keywords to sort through resumes so that they can concentrate on applicants who have the qualifications and experience they seek.
Many businesses also utilize applicant tracking systems (ATS) to discover the most qualified candidates.
Thus the statement is true.
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Answer:
true
Explanation:
Which are guidelines for using Themes?
Check all that apply.
A. Using different cell styles can help you differentiate different types of data.
B. Fonts should be easily readable and of appropriate size.
C. You cannot customize the default themes.
D. Be consistent with themes across worksheets and workbooks.
E. Applying a new theme will only change cells in a workbook that have no other formatting applied.
Answer:
I think it's D. or A. or B. but I mostly think it's D. Be consistent with themes across worksheets and workbooks
Statements that explains the guidelines when using a Theme are: A. Using different cell styles can help you differentiate different types of data.
B. Fonts should be easily readable and of appropriate size.
C. You cannot customize the default themes.
WordPress theme can be regarded as a group of files, these file can contains graphics, style sheets as well as code, which will give overall appearance of a blog or website.In using this, we can follow some guidelines such as; making use of more than a cell can help in differentiatiation of different types of data, default themes cannot be customized, and the selection of fonts should be made carefully.Therefore, option, ABC are correct.
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Substitution and income effects of a change in price of a good may be used to explain the
direct relationship between price and quantity purchased.
O inverse relationship between price and quantity demanded.
direct relationship between price and quantity supplied.
direct relationship between income and demand.
Substitution and income effects of a change in price of a good may be used to explain the inverse relationship between price and quantity demanded.
What is the income and substitution effect?The substitution effect looks at the change in price of a good relative to other goods. If the price of a good falls, it becomes cheaper relative to other goods. As a result, consumers buy more of the good relative to other goods.
The income effect looks at how a change in price affects real disposable income. When the price of a good decreases, real disposable income increases. As a result, consumers can afford to buy more of the good as the consumers purchasing power has increased, holding money income constant.
So, when price falls, there is an increase in the quantity demanded. This is an inverse relationship.
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if, in the market for lattes shown in the figure, the government assesses a tax of $0.75 on each latte, the price the consumer pays for a latte after the tax will:
If, in the market for lattes shown in the figure, the government assesses a tax of $0.75 on each latte, the price the consumer pays for a latte after the tax will increase from $2 to $2.25.
Living things that need to hunt, accumulate and consume their food are called purchasers. Purchasers ought to eat to gain electricity or they will die. There are 4 types of consumers: omnivores, carnivores, herbivores, and decomposers.
A client is someone who buys matters for a non-business purpose, either for themselves or for others. Companies use patron advertising campaigns to sell to purchasers. Campaign messaging makes a specialty of each acquiring capability clients and keeping modern customers.
A customer is a person who's the very last user of an object–a good or carrier. For instance, while you consume, you eat the food. You're the final vacation spot, the final person of the meals, making you a customer of food.
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Why would an employer ask about an applicant’s honors, awards, and activities?
Respond in 3-4 well written sentences:
Answer:
Explanation:
To show that you have special skills and what your areas of expertise are.
Answer:
There are multiple reasons employers would want to know about honors, awards, and activities. The first reason is to see if you are hard-working or not, if you have many awards and whatnot, employers will see that you have a good drive to get things done, clubs and activity you’ve participated in shows that you’re a team worker. It can also show your areas of expertise and can show your special skills and abilities.
Explanation:
I took the last part from the other answer but I do flvs career research and this was correct for me
if the market depicted by the graph achieves equilibrium, consumer surplus plus producer surplus will be equal to:
If the market depicted by the graph achieves equilibrium, consumer surplus plus producer surplus will be equal to Total surplus.
What is consumer surplus?
Consumer surplus is a measurement of the welfare of consumers in an economy. It is calculated by subtracting the price that a customer is willing to pay for a product or service from the actual price paid by the consumer. The calculation is as follows: Consumer surplus = Maximum amount willing to pay – Price paid
What is producer surplus?
Producer surplus is the difference between the price that a seller receives for a product and the cost of producing it. It is measured by subtracting the cost of production from the price paid by the buyer. The calculation is as follows: Producer surplus = Price received – Cost of production
Total surplus is the sum of consumer surplus and producer surplus in an economy. In equilibrium, the market is in a state of maximum efficiency, where the quantity of goods demanded equals the quantity of goods supplied at a given price.
At this point, the total surplus is maximized, and the sum of consumer surplus and producer surplus is equal to the total surplus in the market.
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complete question
If the market depicted by the graph achieves equilibrium, consumer surplus plus producer surplus will be equal to:
Price $16
Supply (MC) $12, $8. $4 Demand (MB)
In 1958, the average tuition for one year at an Ivy League school was $1,800. 43 years later, in 2001, the average cost is $27,000. What is the growth rate in tuition over the 43-year period? a. 12% b. 9% c. 6.5% d. 7% e. 8%
In 1958, the average tuition for one year at an Ivy League school was $1,800. 43 years later, in 2001, the average cost is $27,000.
What is the growth rate in tuition over the 43-year period?Given data:
In 1958, the average tuition for one year at an Ivy League school was $1,800.43 years later, in 2001, the average cost is $27,000.
The growth rate in tuition over the 43-year period is to be calculated.
Growth rate is calculated using the formula,Growth rate = [(Final value / Initial value)^(1/Time period) - 1] × 100Where,Initial value = $1,800
Final value = $27,000Time period = 43 years
Substituting the values in the above formula,Growth rate = [(27,000 / 1,800)^(1/43) - 1] × 100= (15 - 1) × 100= 1400%Hence, the growth rate in tuition over the 43-year period is 1400%
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savon was suprised to learn that when his business grew and he needed to order more raw materials, the costs of materias and units production were less per item, this demonstrates the concept of
Based on the fact that Savon's business saw less individual costs as the company grew, this is the concept of Economies of Scale.
What is Economies of scale?
It is a phenomenon that is observed when a company grows larger and becomes more efficient.
It is noted that the more goods are produced, the less the individual costs of these goods because the costs will be spread out over more goods than before.
In conclusion, this is economies of scale.
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I'm not sure how many months I'll be in town. The renting agent says I can leave with 30 days notice."
Rent.
Not rent.
There is landlord tenant law which dictates the law related to the rented house. Landlord must have to give at least 15 days notice to the tenant for vacating the house.
What is Landlord tenant law and how it works?It is important to know about the Landlord law before giving or taking the property on rent. There is a rent agreement for the tenant and sometimes lessor also charge some security amount from the lessee.
If a rented property is closed for weeks or months, lessor can ask the lessee to vacate the house but tenant has to still pay the amount for that particular period.
Landlord can ask the tenant to vacate the house and he doesn't have to provide a reason to the tenant for this and tenant have to pay the rent.
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What are the remedial measures of unemployment in nepal?explain
The US Supreme Court did what in Piscataway Board of Education v. Taxman, 521 U.S. 1117, 117 S.Ct. 2506 (1997)?
Answer:
The case was never heard in the United States Supreme Court.
Explanation:
The board of education of Piscataway High School, New Jersey desired to remove one teaching position from the Business Education department. A hindrance to this was the fact that the two teachers being considered had indefinite appointments, and were equal in seniority. According to the state law, tenured teachers can be relieved of their duties in reverse order of seniority. Either Sharon Taxman, a white teacher, or Debra Williams an African-American teacher were to be relieved of their positions.
Taxman was chosen because African-Americans were a minority. Taxman contested this in the court. The case was never heard at the U.S Supreme court because some civil rights group wanted the case to be settled out of court. The United States Court of Appeal ruled in favor of Taxman.
Increasing and decreasing the decimal option on Excel is intended for:
A: formatting to currency
B: Rounding the value in the cell
C: Changing the cell to number
D: Formatting to accounting
Answer:
i think its C
Explanation:
how do you wrrite the word pneumonoultramicroscopicsilicovolcanoconiosi aand what does it mean?
Answer:
Pneumonoultramicroscopicsilicovolcanoconiosis
Explanation:
Pneumonoultramicroscopicsilicovolcanoconiosis is a phrase used to describe a lung condition produced by inhaling silica dust, as in I had difficulty breathing and my doctor diagnosed me with pneumonoultramicroscopicsilicovolcanoconiosis.
Assume that skilled labor costs twice as much as unskilled labor, a profit-maximizing firm will a. always hire more skilled labor because it is more productive. b. always hire more unskilled labor because it is cheaper. c. hire until it equalizes the two marginal products. d. hire until the marginal product of unskilled labor is one-half that of skilled labor.
If the relationship described above between skilled labor and unskilled labor is true, then the company will c. hire until it equalizes the two marginal products.
Marginal product:
Is extra amount of production gained when an additional unit is added Reduces after a certain amount of the resource is addedBecause the marginal product of skilled and unskilled labor will eventually decrease, the company would hire such that both their marginal products are equal because at this point, they both contribute the same to the company.
In conclusion, option c is correct.
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A free market economy supports which market structure by establishing antitrust
laws and encouraging anyone to become a business owner?
O monopolistic competition
oligopoly
sole proprietorship
O monopoly
Answer:
monopolistic competition
Explanation:
A monopolistic competition is a type of market structure where many suppliers exist, as well as many buyers. What distinguishes it from perfect competition is that the goods and services are heterogeneous, therefore, suppliers are not price takers. Barriers to entry are also low.
Where is the row selector located in Datasheet view?
above the top row of data
below the last row of data
to the left of the leftmost data
to the right of the rightmost data
Answer:
to the left of the leftmost data
Explanation:
A database management system (DBMS) can be defined as a collection of software applications that typically enables computer users to create, store, modify, retrieve and manage data or informations in a database. Generally, it allows computer users to efficiently retrieve and manage their data with an appropriate level of security.
A Datasheet view is simply the rows and columns of data in a table that are being displayed in database software application such as Microsoft Access and Excel.
In DBMS, rows are numbered numerically as 1, 2, 3, 4, 5, etc. from top to bottom while columns are labeled alphabetically as A, B, C, D, E, etc. from left to right. Thus, a row is the horizontal arrangement of cell while column is the vertical arrangement of cell in a spreadsheet (table of cells).
Generally, the row selector is located to the left of the leftmost data in Datasheet view.
Answer:
c
Explanation:
If the demand for a product decreases, what is likely to happen?
A.
The supply is likely to increase.
B.
The demand is likely to be inelastic.
C.
The price is likely to increase.
D.
The price is likely to decrease.
Explain the following Insight
Foresight
Strategic alignment
What are business process Management systems (BPM) and their
benefits in the business process
Distinguish between process management
Insight, foresight, and strategic alignment are concepts commonly used in strategic management.
Insight: Insight refers to the understanding or perception gained from analyzing data, information, or situations. It involves extracting meaningful patterns, trends, or relationships to gain a deeper understanding of a specific area. In a business context, insights help organizations make informed decisions and develop effective strategies based on accurate and relevant information.
Foresight: Foresight is the ability to anticipate and plan for future developments, opportunities, and challenges. It involves envisioning possible future scenarios and considering the potential impacts on the business. Foresight enables organizations to be proactive and take proactive measures to shape their future and stay ahead of the competition.
Strategic Alignment: Strategic alignment refers to the process of ensuring that the activities and objectives of an organization are aligned with its overall strategic goals. It involves aligning various elements, such as business processes, resources, capabilities, and technology, to support the achievement of strategic objectives.
Business Process Management (BPM) Systems: BPM systems are software tools designed to manage and optimize business processes. They provide a systematic approach to designing, modeling, implementing, monitoring, and improving processes within an organization.
Process Management: Process management involves the systematic approach of designing, implementing, and controlling business processes to achieve organizational objectives. It focuses on understanding and improving how work is done within an organization to enhance efficiency, effectiveness, and customer satisfaction.
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