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Orlov [11]
1 year ago
15

You have just reviewed the financial statements of Penelope's Candy Store (PCS). You have determined that PCS has a Profit Margi

n of 19%. How do you explain this to owner Penelope Hassey?
Business
1 answer:
Contact [7]1 year ago
3 0

Answer and Explanation:

Penelope Hassey has to assume that the total sale of the firm is $100 and given that the Profit Margin ratio is 19%.

The scenario shows that on every $100 of sale company get a net profit margin of $19

Note :

Profit margin = Net sales × Profit margin ration

Profit margin = $100 × 19%

Profit margin = $19

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The Quarter Burger is a hamburger sold by the international fast-food chain Sammy's Burgers. It was given the name because it co
timama [110]

Sammy's quarter-pound burger is positioned by: price-quality

<u>Explanation:</u>

The price-quality way of positioning practices the similarity within price and quality before-mentioned that it optimally values a commodity according to the feature of the commodity to retain the commodity hovering in the customer's perception. Pricing does not necessitate to be huge for more leading positioning.

Marketers frequently do price/ quality properties to locate their trademarks. Although the price is an essential factor, the commodity quality must be tantamount to, or indeed more reliable than, fighting trademarks for the positioning strategy to be active.

8 0
2 years ago
Assume the current Treasury yield curve shows that the spot rates for six​ months, one​ year, and one and a half years are 1 %1%
Ludmilka [50]

Answer:

present value of bond = $1042.96

Explanation:

given data

spot rates for six​ months = 1%

spot rates for one and = 1.1%​

spot rates for one and half years = 1.3%​

price = $1000

coupon bond = 4.25%

time = 6 month

solution

we get here first price on bond paid that is

coupon paid = $1000 × 4.25 × 0.5   = $21.25

we get here present value of 6 month and 1 year and 1 and half  year

present value  =   \frac{coupon\ payment }{(1+\frac{spot \ rate}{2})^t}     ..............1

present value of 6 month = \frac{21.25}{(1+\frac{0.1}{2})^1}    = 20.23

present value of 1 year = \frac{21.25}{(1+\frac{0.011}{2})^2}   = 21.01  

present value of 1 year and half year = \frac{21.25}{(1+\frac{0.013}{2})^2}   =  20.97

and

now we get present value of par value in 1 and half year

present value of par value in 1 and half year = \frac{par\ value}{(1+\frac{spot rate}{2})^3}  

present value of par value in 1 and half year = \frac{1000}{(1+\frac{0.013}{2})^3}

present value of par value in 1 and half year = 980.75

so

present value of bond will be as

present value of bond = 20.23 + 21.01 + 20.97 + 980.75

present value of bond = $1042.96

5 0
1 year ago
Esther and Holly have a disagreement over which company to present their business idea to. They decide to disregard their differ
aalyn [17]

Answer: True

Explanation:

From the question, we are informed that Esther and Holly have a disagreement over which company to present their business idea to and that they decide to disregard their different stances on environmental issues and focus solely on which business will provide them with the most resources in the short-term.

The above scenario shows that Esther and Holly are focusing on interests, and not positions. This is shown by them disregard their different stances and focusing on a common goal.

5 0
1 year ago
Identify the type of sampling used​ (random, systematic,​ convenience, stratified, or cluster​ sampling) in the situation descri
Sunny_sXe [5.5K]

Answer:

Cluster sampling

Explanation:

Cluster sampling is a type of sampling in which a population is divided into groups and one whole group from the division is randomly with every member of the chosen group  involved.

As in thr question, the phone number listings have been divided into groups of 400 and her name came up in the first group of the listing divisions to be considered, hence her selection.

Cheers.

6 0
2 years ago
Brussels Enterprises issues bonds at par dated January 1, 2019, that have a $3,200,000 par value, mature in four years, and pay
Aleksandr [31]

Answer:

  • Brussels Enterprises issues bonds at par dated January 1, 2019    

 Debit  $3,200,000  Cash    

 Credit  $3,200,000  Bonds Payable  

   

  • Interest semiannually on June 30      

 Debit  $144,000  Bond Interest Expense  

 Credit  $144,000  Cash  

  • Interest semiannually on December 31      

 Debit  $144,000  Bond Interest Expense  

 Credit  $144,000  Cash  

   

  • Record the entry for the maturity of the bonds on December 31, 2022    

 Debit  $3,200,000  Bonds Payable  

 Credit  $144,000  Bond Interest Expense  

 Credit  $3,344,000  Cash  

Explanation:

At the moment of the company receive the money for the bonds issued, the company record the following journal entry:

Debit  $3,200,000  Cash    

Credit  $3,200,000  Bonds Payable  

Recognizing the money that the company get and the liabilities for the years to come on the Long Term Liabilities in the balance sheet, becuase it matures in 4 years.

  • When the company begins to pay the interest the company records the following entry:

Debit  $144,000  Bond Interest Expense  

Credit  $144,000  Cash  

The company recognizes the interest payment at each moment it occurs as expenses in the Income Statement.

At the maturity of the bonds the company reverse the entry made at the beginning when it receives the money and recognize the liabilities.

Now the journal entry is as follows:

Debit  $3,200,000  Bonds Payable  

Credit  $144,000  Bond Interest Expense  

Credit  $3,344,000  Cash  

4 0
1 year ago
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