Dawson Corporation has the following information available for 2014: (in millions) Issued common stock $45 Retired common stock $65 Paid dividends $75 Net income $130 Beginning Common Stock balance $625 Beginning Retained Earnings balance $475 Based on this information, what is Dawson's Retained Earnings balance at the end of the year? a. $680 b. $530 c. $420 d. $605
As provided retained earnings opening balance = $475
Add net income for the year = $130
Balance = $605
Further dividend is paid, which reduces the balance of retained earnings = $75
Balance after paying dividends = $605 - $75 = $530
All the other information provided in question relates to common stock and has no relevance on retained earnings balance.
Therefore, balance of retained earnings at the end of period = $530
While driving down his street one evening, Jonah notices that his neighbor has laid out an electric fan for the garbage to pick up the next morning. Jonah stops and has a look at the fan; it seems to be perfectly fine, so he takes it home with him. The fan would most likely be considereda. lost property.b. mislaid property. c. abandoned property. d. None of these are correct.
The answer is option B) The fan would most likely be considered mislaid property.
Mislaid property fall among the categories of the common law of property which deals with personal property or chattel which has left the possession of its rightful owner without having directly entered the possession of another person.
Mislaid property refers to a property that has been left intentionally in a certain place and later forgotten. When a property is left in a certain place by the owner with an intention to take it later and if the owner finds it difficult to locate the property later.
Jonah's neighbor's fan falls into the category of mislaid property because, It seems to be perfectly fine and was intentionally laid out by his neighbor.
If we accept "consumer satisfaction" as the objective of our macro-marketing system, this means that: consumer educators should choose what products should be produced. "home economists" will be the best judges of what should be produced. each consumer should decide how best to satisfy his or her own wants. not every consumer should be allowed to decide his or her own wants. government planners should choose the kinds of products to be produced.
If consumer satisfaction is to be assumed as the objective of macro marketing system , in such a case each consumer should decide how to best satisfy his or her own wants.
Consumer wants are ever-upgrading and unlimited
Customer satisfaction is a niche concept of deriving satisfaction from consumption of certain goods and services .
Such goods and services can be subjective and may change due to external factors acting upon the situation.
Satisfaction is directly related to utility a person derives from its consumption .
To explain this with an example we may say that, a drunkard derives utmost satisfaction by consuming alcohol even after knowing the ill effects of the same and wont get much satisfaction in consuming orange juice.
Summing up above points we can say that if consumer satisfaction is to be taken as the objective for marketing purposes the correct option is C Each consumer should get to decide how best to satisfy his or her wants .
To know more about customer satisfaction , please refer to the link below
If we accept "consumer satisfaction" as the objective of our MACRO-marketing system, this means that each consumer should decide how best to satisfy his or her own wants. In marketing, there are 4 Ps which are product, price, plan and promotion. Regarding MACRO-marketing, this is the study on how marketing (the 4 Ps) impacts our economy and society. Since each consumer can decide what is best for them, experts then see what each consumer desires and tries to make items appeal to them.
A firm has cash of 200,000, accounts receivable of 75,000, prepaid expenses of 12,500, accounts payable of $50,000, other current liabilities of 35,000, common stock of 375,000 and long term liabilities of 65,000. The firm also produced a profit of 20,000 during the last calendar year. What is the firm working capital?
Working capital is the difference between current assets and current liabilities. Therefore, the formula for calculating working capital is as below.
Working capital = current assets- current liabilities
in this case
current assets =
account receivable $75,000
prepaid expenses of $12,500,
Total current assets = $287,500
accounts payable of $50,000
other current liabilities of $35,000
Total current liabilities = $85,000
working capital = $287,500 - $85,000
Ford Motor Company has a 1.40 beta. If the overall stock market increases by 8 percent, how much will Ford change?
Your formula would be I = Overall market increased * Beta
"I" being Fords increase
so just plug in and solve
So your volatility would be 11.2
Disney and other global firms have successfully bridged the cultural gap by producing advertising that appeals to the same target market across Multiple Choice a. regions. b. countries. c. demographics. d. counties. e. countercultures.
regions and countries.
Often termed global marketing strategy, involves bridging the cultural gap by producing advertising that appeals to countries from several different regions in the world.
Disney is a good example of a company that uses a global marketing strategy, another example is Coca-cola because of irrespective of the regions they produce products that appeal to their consumers.
Which financial statement matches asset increases from operating a business with asset decreases from operating the business?Statement of changes in equity.Balance sheet.Statement of cash flows.Income statement.
Statement of change in equity: It records beginning balance of equity, ending balance of equity, net income or loss, dividend paid if any.
Balance sheet: It records the assets and the liabilities side of the balance sheet which equals to
Total assets = Total liabilities + Stockholder equity
Statement of cash flows: It records three types of activities:
1. Operating activities: It includes those transactions which affect the working capital, and it records transactions of cash receipts and cash payments.
2. Investing activities: It records those activities which include purchase and sale of the fixed assets
3. Financing activities: It records those activities which affect the long term liability and shareholder equity balance.
Income statement: It records all income and expenses of a particular period.
In the given question, the increase in assets records under the revenue part whereas if the asset decreases, it records under expenses part of the income statement.