Dividends in arrears pertain to
A) non-cumulative preferred stock.
B) non-participating preferred stock.
C) cumulative preferred stock.
D) convertible preferred stock.
C
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SetPro Inc, a software firm, collects information about its marketing communication. The firm finds that 60% of the firm's target market is exposed the marketing communication, and 50% of that group is aware of the offering
Amongst the people who are aware of the offering, 70% understand the message. And 60% of that group intends to purchase, and 90% of that group actually does purchase. What is the customer response index for the buying group? A) -1.13% B) 1.13% C) 11.3% D) 90% E) 60%
To increase its "share of customer," a firm concentrates on retaining as many customers as possible over its lifetime
Indicate whether the statement is true or false
On December 1, 20X8, Hedge Company entered into a 60-day speculative forward contract to sell 200,000 British pounds (£) at a forward rate of £1 = $1.78. On the same day it purchased a 60-day speculative forward contract to buy 100,000 euros (€) at a forward rate of €1 = $1.42.The rates are as follows: Forward Rate for Forward Rate forDateSpot Rate Feb 1 Spot Rate Feb 1December 1, 20X8£1=$1.76 $1.78 €1=$1.40 $1.42 December 31, 20X8£1= 1.73 1.74 €1= 1.38 1.40 February 1, 20X9£1= 1.75 €1= 1.41 Hedge had no other speculation transactions in 20X8 and 20X9. Ignore taxes.Based on the preceding information, what is the net gain or loss on the British pound speculative contract?
A. $6,000 gain B. $10,000 gain C. $8,000 gain D. $3,000 loss
Assume the perpetual inventory system is used. 1) Green Company purchased merchandise inventory that cost $16,200 under terms of 2/10, n/30 and FOB shipping point. 2) Green Company paid freight cost of $620 to have the merchandise delivered. 3) Payment was made to the supplier on the inventory within 10 days. 4) All of the merchandise was sold to customers for $23,900 cash and delivered under terms FOB destination with freight cost amounting to $420. What is the amount of gross margin that results from these transactions?
A. $7604 B. $8024 C. $7404 D. $6984