Which of the following statements is false?

Answer:

Zenith Travel Service

Owner's Equity Statement for the year concluded on August 31, 20Y4:

Equity as of September 1, 20Y3 = $456,000

Additional investment                           43,200

Retained Earnings                                 (8,400)

Drawings                                              (21,600)

Equity as of August 31, 20Y4        $469,200

Explanation:

a) Data and Calculations:

Additional investment = $43,200

Personal withdrawals = $21,600

Income Statement for the year ending August 31, 20Y4:

Fees earned                                   $899,600

Office expenses             353,800

Miscellaneous expenses 14,400

Wages expenses           539,800     908,000

Net income/Retained earnings      ($8,400)

b) The statement of owner's equity for Zenith illustrates the modifications within the equity area of its balance sheet during the financial year concluding August 31, 20Y4. Essentially, it exhibits the occurrences impacting Megan Cox's equity from September 1, 20Y3 to August 31, 20Y4.

Respuesta:

tdyfddtrrststsstrstrhsrthrrdydryydrry

Explicación:

The incremental change in AFB amounts to $480,000. (a) The debt totals $4,000,000 with a 10% interest rate. This implies that interest expenditure amounts to 10% of the debt, resulting in $400,000 (10% of $4,000,000). (b) The dividend to be paid is $0.48 per share, with 500,000 shares in total. Thus, the dividend payment equals $0.48 per share multiplied by the number of shares, which works out to $240,000. (c) It's given that the second taxes would be $160,000 lower, indicating outgo will also decrease accordingly. Consequently, the incremental AFN is computed as total interest plus total dividends minus tax savings = $400,000 + $240,000 - $160,000, which totals $480,000.

Answer:

The correct answer is option "C": copy the competitor's breakfast campaign but offer lower prices.

Explanation:

If it has been determined that the fast-food restaurant has seen a 50 percent decline in breakfast customers due to a competitor's "good-to-go" breakfast menu promotion, the fast-food chain should respond with a comparable sales strategy for the breakfast menu, lowering prices without resorting to predatory pricing. Additionally, the restaurant should explore ways to enhance the service provided by the competitor to attract consumers.