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1 year ago

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The ceo of big wheel automotive is concerned about declining sales. he has identified his research problem as the fact that his

competitors are drawing away his business. he purchases access to j.d. power's automobile rankings to learn about possible reasons for the shift in consumer purchasing. he is using _________ for secondary data about his research problem.

1 answer:

White raven [17]1 year ago

5 0

The CEO of Big Wheel Automotive is using market research organizations for secondary data about the research problem that he is experiencing. The market research is a way of having to gather information in which is helpful for an organization or business in order to improve their own and a way of having to target their consumers.

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Ayayai Corp. just began business and made the following four inventory purchases in June: June 1 195 units $1170 June 10 260 uni

natulia [17]

Answer:

$2275

Explanation:

Given: Detail of inventory purchase-

June 1 195 units at $1170

June 10 260 units at $1820

June 15 260 units at $2080

June 28 195 units at $1755

Total purchase= $6825.

Ending Inventory on June 30 are 260 units

Now, computing amount allocated to ending inventory for June by using FIFO inventory method.

First allocating inventory June 28 purchase as it is a latest entry in the books and we are using FIFO method.

∴ Inventory allocated on June 28= 195 units at the total cost of $\$1755$

Next, allocating remaining inventory from June 15 purchase.

⇒ Remaining units= $260-195= 65\ units$

∴ Remaining units to be allocated is 65 units

Cost of each unit from the purchase of June 15.

Cost of each unit= $\frac{2080}{260}$

∴ Cost of each unit for allocating remaining units= $\$ 8$

Hence, Cost of allocating remianing 65 units= $65\times \$8 = \$520$

Total amount allocated to ending inventory= $\$ 1755+\$ 520$

∴ Total amount allocated to ending inventory= $2275

Hence, the amount allocated to ending inventory for June is $2275.

7 0

2 years ago

Emma lives on a tight budget. She saves money and also makes intelligent choices when spending it. Which of these statements dec

Genrish500 [490]

Choice B is correct.
Hope this helps!

4 0

2 years ago

Read 2 more answers

Masterson, Inc., has 4.1 million shares of common stock outstanding. The current share price is $84, and the book value per shar

Kitty [74]

Answer:

The answer is "8.37%".

Explanation:

$\text{MV of equity} = \text{equity price} \times \text{number of outstanding shares}$

$=84 \times 4100000\\\\=344400000$

$\text{MV of Bond1}=\text{Par value} \times \text{bonds outstanding} \times \text{age of percentage}$

$=1000 \times 70000 \times 0.98 \\\\=68600000$

$\text{MV of Bond2}=\text{Par value} \times \text{bonds outstanding} \times \text{age of percentage}$

$=1000 \times 50000 \times 1.08 \\\\=54000000$

$\text{MV of firm} = \text{MV of Equity} + \text{MV of Bond1}+ \text{MV of Bond 2}$

$=344400000+68600000+54000000\\\\=467000000$

$\text{Weight of equity W(E)} = \frac{\text{MV of Equity}}{\text{MV of firm}}$

$= \frac{344400000}{467000000}\\\\=0.7375$

$\text{Weight of debt W(D)}= \frac{\text{MV of Bond}}{\text{MV of firm}}$

$= \frac{122600000}{467000000}\\\\=0.2625$

Equity charges

By DDM.

$\text{Price = new dividend} \times \frac{(1 + \text{rate of growth})}{( \text{Equity expense-rate of growth)}}$

$84 = 3.95 \times \frac{(1+0.05)}{(\text{Cost of equity}- 0.05)}\\\\84 = 3.95 \times \frac{(1.05)}{(\text{Cost of equity} - 0.05)}\\\\84 = \frac{4.1475}{ (\text{Cost of equity} - 0.05)}\\\\\text{Cost of equity} -0.05 = \frac{4.1475}{84}\\\\\text{Cost of equity} -0.05 = 0.049375\\\\\text{Cost of equity} = 0.049375 + 0.05\\\\\text{Cost of equity} = 0.099375 \\\\\text{Cost of equity} \% = 9.9375 \% \ \ \ or \ \ \ 9.94 \% \\\\$

Debt expenses

Bond1

$K = N \times 2 \\\\$

$Bond \ Price = \sum [ \frac{\text{(Semi Annual Coupon)}}{(1 + \frac{YTM}{2})^k}] + \frac{Par\ value}{(1 + \frac{YTM}{2})^{N \times 2}}$

$k=1\\\\K =20 \times 2\\\\980 = \sum [ \frac {(5.1 \times \frac{1000}{200})}{(1 + \frac{YTM}{200})^k}] + \frac{1000}{(1 + \frac{YTM}{200})}^{20 \times 2}\\\\k=1\\\\\ YTM1 = 5.2628923903\\\\Bond2\\$

$K = N \times 2$

$Bond \ Price = \sum [ \frac{\text{(Semi Annual Coupon)}}{(1 + \frac{YTM}{2})^k}] + \frac{Par\ value}{(1 + \frac{YTM}{2})^{N \times 2}}$

$k=1\\\\K =12 \times 2\\\\$

$1080 =\sum [\frac{(5.6 \times \frac{1000}{200})}{(1 + \frac{YTM}{200})^k}] +\frac{1000}{(1 +\frac{YTM}{200})^{12 \times 2}} \\\\k=1\\\\YTM2 = 4.72\\\\$

$\text{Company debt costs} = YTM1 times \frac{(MV \ bond1)}{(MV \ bond1+MV \ bond2)}+YTM2 \times \frac{(MV \ bond2)}{(MV \ bond2)}\\\\$

The cost of the debt for the company:

$= 5.2628923903 \times \frac{(68600000)}{(68600000+54000000)}+4.72 \times \frac{(68600000)}{(68600000+54000000)}\\\\$

Business debt cost= $5.02 \% \\\\$

after taxation cost of debt:

$= \text{cost of debt} \times (1- tax \ rate)\\\\= 5.02 \times (1-0.21)\\\\= 3.9658\\\\$

$WACC= \text{after debt charges} \times W(D)+equity cost \times W(E) \\\\$

$=3.97 \times 0.2625+9.94 \times 0.7375 \\\\ =8.37 \% \\\\$

7 0

2 years ago

Houston repeatedly promised his daughter, Allyson, that he would pay one-half of the costs for Allyson to attend a private, hist

notsponge [240]

It is 1 3/4 because I know it

8 0

2 years ago

If the direct quote for a U.S. investor for British pounds is $1.43/£, then the indirect quote for the U.S. investor would be __

Tpy6a [65]

Answer:

The answer is A. £0.699/$; £0.699/$

Explanation:

The direct quote for British investor is the same as the indirect quote for the U.S. investor.

Calculation is as follows; 1/1.43 = 0.699

7 0

2 years ago