Here is a small part of the order book for Mesquite Foods:BidAskPriceSizePriceSize$ 102230$ 102.50460$ 101.50460$ 102.80460$ 100920$ 103820$ 98.80690$ 103.50790a. Georgina Sloberg submits a market order to sell 230 shares. What price will she receive?Priceb. Norman Pilbarra submits a market order to buy 920 shares. What is the maximum price that he will pay?Note: Round your answer to 2 decimal places.Maximum price

a. Georgina Sloberg submits a market order to sell 230 shares of Mesquite Foods. A market order to…

Answered: Here is a small part of the order book…

Pfin (with Mindtap, 1 Term Printed Access Card) (mindtap Course List)

7th Edition

ISBN:9780357033609

Author:Randall Billingsley, Lawrence J. Gitman, Michael D. Joehnk

Publisher:Randall Billingsley, Lawrence J. Gitman, Michael D. Joehnk

Chapter11: Investment Planning

Section: Chapter Questions

Problem 4FPE

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Victoria Company sells bedsheets for P3,000 per set. There is a promotion wherein if a customer buys 4 sets in a single transaction, the customer receives a coupon for one additional set for free. Customers should go to the entity's website, fill out a request form, input the coupon number and submit online before the expiration date. It is expected that 80% of the coupons will be redeemed. During 2021, the entity sold 1,000 sets at P3,000 per set or P3,000,000. During 2022, the entity delivered 75 free additional sets. Required: 1. Compute the stand-alone price of the coupons. 2. Allocate the transaction price to the products sold and the coupons. 3. Prepare journal entries for 2021 and 2022. 4. Compute the deferred revenue from coupons on December 31, 2022.
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Victoria Company sells bedsheets for P3,000 per set. There is a promotion wherein if a customer buys 4 sets in a single transaction, the customer receives a coupon for one additional set for free. Customers should go to the entity's website, fill out a request form, input the coupon number and submit online before the expiration date. It is expected that 80% of the coupons will be redeemed. During 2022, the entity sold 1,000 sets at P3,000 per set or P3,000,000. During 2023, the entity delivered 75 free additional sets. Compute the deferred revenue from coupons on December 31, 2023.
ABC Company includes 1 coupon in each box of coffee it sells. A planner is offered as a premium to customers who send in 10 coupons and a remittance of P10. Distribution cost of premium is P5. Experience indicates that only 30% of the coupons will be redeemed. Boxes of coffee sold: 2022 - 800,000; 2023 - 1,000,000 No. of planners purchased at P150 each: 2022 - 20,000; 2023 - 32,000 Coupons redeemed: 2022 - 160,000; 2023 - 280,000 What is the premium expense for 2022?
A4)
Give only typing answer with explanation and conclusion An online store holds a sale. Of the 400 customers who make purchases during the sale, 80 use a coupon. What percent of the customers do not use a coupon?
page If demand for one year is 25,000 units, relevant ordering cost for each purchase order is $210 and carrying cost of one unit of stock is $ 25, then the Economic Order Quantity (EOQ) is: O a. 648 packages O b. 678 packages O c. 668 packages O d. 658 packages ourses.open.uwi.edu/mod/quiz/attempt.php?attempt=632428cmid-998108 1 Type here to search S £ 3 E D Grass $ J O Bi R F % 5 page=9# C 1 6 # B P 7 H C U 8 W JI N N K Time left 0 M Next page 28°C M
Sales promotions Assume that Stacey Bauer clipped from a newspaper advertisement a coupon for $2 off any 20" pizza from Rosa & Gene's Pizzeria. Stacey ordered a 20" pizza with three toppings for $18.75. When the pizza arrived, Stacey gave the delivery person $20. a. How much change should Stacey receive from the delivery person? Round your answer to two decimal places. b. How much would Rosa & Gene's Pizzeria record for the sale of the pizza to Stacey? Round your answer to two decimal places. c. Did Rosa & Gene's Pizzeria incur a liability when it placed the $2-off coupon advertisement in the newspaper?
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Use the information for the next four (4) questions. BCD Company included one coupon in each box of cereal sold. A bowl was offered as a premium to customers who send in 15 coupons and a remittance of P15. Distribution cost of premium is P7.5. Experience indicated that only 30% of the coupons will be redeemed. 2020 2021 Boxes of cereal sold 3,000,000 3,750,000 Number of bowls purchased at P75 each 75,000 120,000 Coupons redeemed 600,000 1,050,000 A.) What is the premium expense for 2020? B.) What is the premium liability on December 31, 2020? C.) What is the premium expense for 2021? D.) What is the premium liability on December 31, 2021?
Use the information for the next four (4) questions. ABC Company included one coupon in each box of cereal sold. A bowl was offered as a premium to customers who send in 15 coupons and a remittance of P15. Distribution cost of premium is P7.5. Experience indicated that only 30% of the coupons will be redeemed. 2020 2021 Boxes of cereal sold 3,000,000 3,750,000 Number of bowls purchased at P75 each 75,000 120,000 Coupons redeemed 600,000 1,050,000 1. What is the premium expense for 2020? 2. What is the premium liability on December 31, 2020? 3. What is the premium expense for 2021? 4. What is the premium liability on December 31, 2021?
A. Solve the following (round off 2 decimal places): 1. How much is the discount for an item with a list price of P13,500 subject to a 15% discount? What is the net price? 2. A cabinet listed at P14,000 is sold to a retailer at 14.7% discount. Find the amount of trade discount and the net price. al dinning sets at the s 3. Two suppliers offer identical dinning sets at the same list price. However, Company A gives trade discount series of 15%, 10 %, and 10% while Company B offers 20%, 10%, and 5%. Which is a better discount for the buyer? 4. Yuki bought a notebook set for P250. She spent P20 for transportation fee. She sold her notebook for P260. a. How much is the profit or loss? b. What is the profit/loss percent? VICI VE

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