"Alfonzo and Wendy were arguing about whether their company should issue par value common stock or no-par value common stock. Alfonzo said that par value stock was better because they could use it to help set the market price of the stock. Wendy disagreed. Who was right and why

Answers

Answer 1
Answer:

Answer:

Wendy was right because par value stock has not impact on the market price of the stock.

Explanation:

Par Value:

The par value of stock is the value, that is generally a very small amount, which is stated on the stock certificates of a company. It has no connection with the market price of the stock.

  • Some states ask the company to assign a par value for stock so that's why the companies minimum par value to the stock.
  • If some companies don't assign par value to their stock then its means that their shares have no-par value.
  • In our case, Wendy was right due to the fact that par values has no concern with the market price of the stock.


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is it a?please can someone help me?

Answers

Yea, I agree, I think the answer is A.

Big Box Store has operated with a 30% average gross profit ratio for a number of years. It had $100,000 in sales during the second quarter of this year. If it began the quarter with $18,000 of inventory at cost and purchased $72,000 of inventory during the quarter, its estimated ending inventory by the gross profit method is:__________a) $30,000.
b) $21,000.
c) $20,000.
d) $18,000.
e) $27,000.

Answers

Answer:

c) $20,000.

Explanation:

The computation of the estimated ending inventory is shown below:

We know that

Cost of goods sold = Beginning inventory + purchase made - ending inventory

And, the

Sales - gross profit = Cost of goods sold

$100,000 - $100,000 × 30% = Cost of goods sold

So, cost of goods sold would be

= $100,000 - $30,000

= $70,000

Now the ending inventory would be

$70,000 = $18,000 + $72,000 - ending inventory

$70,000 = $90,000  - ending inventory

So, the ending inventory would be

= $90,000 - $70,000

= $20,000

Final answer:

Based on 30% gross profit ratio, the estimated end inventory for the Big Box Store for the second quarter is $20,000, after accounting for cost of goods sold from the total available inventory.

Explanation:

The Big Box Store operates at a 30% Gross Profit Margin, implying 70% of the sales are accounted as Cost of Goods Sold (COGS). Therefore, the COGS for the second quarter would be $100,000*0.7 = $70,000.

The initial inventory at the beginning of the quarter was $18,000 and $72,000 amount of inventory was purchased during the quarter. So total available inventory is $18,000 + $72,000 = $90,000.

If we subtract the COGS from total available inventory that gives us the estimated ending inventory. That is $90,000 - $70,000 = $20,000. Therefore the estimated ending inventory from Box Store will be $20,000.

Learn more about Inventory Estimation here:

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A new real estate professional is getting to know licensees at his new firm, Tremont Homes. One licensee tells him there's an unwritten agreement with a neighboring firm that Tremont serves the mid-town area, and everyone who has prospective clients in that area refer their leads to Tremont. What's this an example of

Answers

Answer:

Market allocation.

Explanation:

Market allocation refers to a form of horizontal trade arrangement in which various competitors decide to limit their respective business practices to particular aspects such as particular territories, specified products, particular regional zones, and specific set of customers. Therefore, market allocation provides competitors the opportunity to establish large channels of local monopolies. As per the question, Tremont establish monopoly in that area and it unfairly limits the options of customers.

Self in 1958”. According to the lecture, much of the advertising in the 1950s depicted women as __________________.a. dolls
c. homemakers
b. shallow people
d. psychiatrists

Answers

Women are depicted as dolls: they are expected to be seen and to be pretty, just as dolls are, and to interact a bit (play, open and close eyes) but also not be too active, and rather be passive, just like dolls are. They are also not expected to cry about their situation, since dolls don't have tears.

You are considering purchasing stock.The stock is expected to pay a dividend of $87 per share. The consensus of investors is that these dividends will increase at a rate of 3 percent per year for indefinate future, and the interest rate is 7 percent. The price of stock should be ___.

Answers

Answer:

The price of stock should be $2,175

Explanation:

Dividend Valuation method is used to value the stock price of a company based on the dividend paid, its growth rate and rate of return. The price is calculated by calculating present value of future dividend payment.

Formula to calculate the value of stock

Price = Dividend / ( Rate or return - growth rate )

Price = $87 / ( 7% - 3% )

Price = $87 / 0.07 - 0.03 )

Price = $87 / 0.04

Price = $2,175

Which of the following is a characteristic of a monopoly?a. no barriers to entry
c. it is always government owned
b. a single buyer
d. a single seller

Answers

d. Single seller - In a monopoly one seller produces all of the output for a good or service. The entire market is served by a single firm. For practical purposes the firm is the same as the industry.

Final answer:

A monopoly is characterized by having a single seller in the market with no competition due to barriers to entry and substantial control over prices and supply.

Explanation:

A characteristic of a monopoly is that there is a single seller operating in the market. In other words, one company completely dominates the market without any competition due to barriers to entry. These barriers may be legal, technological, or based on the resource control. Monopolies don't always have to be government owned, although some can be. The key focus is on the lack of alternatives for consumers, which gives the monopolistic firm significant power over prices and supply.

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