esselte is a swedish-based company that sells office supplies. it went public when it was founded, and it remained public until 2002 when it was taken private. now that esselte is private, it:
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As Esselte went public when it was founded and it remained public until 2002 when it was taken private, now that it is private, it no longer sells stock to the public.
What Is Private Company Stock?In business, a private company are privately-held commercial entity. While it can issue shares of stock, these shares are not offered to the general public and are not listed on a public stock exchange. The private company stock includes the shares issued by the company to employees or investors.
For example, as startups often use equity to compensate employees during the early stages when cash flow is limited, the public companies also use equity compensation programs. All these programs are designed to motivate the employees by tying a portion of their pay to the company's earnings.
A private company does not have to provide financial information to investors or shareholders. Due to often smaller size of private companies, they typically issue fewer shares of stock and that can make the shares less liquid and difficult to sell.
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Related Questions
Which is better a streamer or content creator cause if so I will be doing that job (:
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Don't risk everything to be one of the 2. There is lots of competition on streaming platforms, and those who have made it big have the advantage. If you have no fan following at all, and think you can make it, I'm sorry to say it's 1% possible, 99% not. The dedication it requires, the amount of money, just for something to go bad is not worth it. I would find another career, sorry.
alex bought a chain of salons and spas. he invested his wealth and time to enhance the salons with full-service bars, child care for employees and guests, and premium furniture. since other salons and spas in the area are not offering these types of amenities, he expects this innovation will result in a profit. alex is a(n)
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Alex is an entrepreneur. He has identified a gap in the market for salons and spas that offer full-service bars, child care, and premium furniture and has taken the initiative to invest his wealth.
It also offers the time to fill that gap by purchasing a chain of salons and spas and enhancing them with these amenities. By doing so, he is positioning himself to be competitive in the market and to potentially generate a profit. Entrepreneurs are individuals who identify opportunities and take the risk to start or invest in a business in order to meet a need or solve a problem. This can involve introducing new products or services, improving existing ones, or finding new ways to reach customers. Alex's actions demonstrate his entrepreneurial mindset and willingness to take risks in order to achieve his business goals.
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Answer in True or False :
Making a payment on an account would be journalized with a debit to Accounts Payable and credit to Cash
2)chose one of the following : By NOT accruing warranty​ expense:
A.reported expenses will be overstated and reported liabilities will be understated.
B.reported liabilities will be understated and net income will be overstated.
C.reported liabilities will be overstated and net income will be understated.
D.reported expenses will be understated and net income will be understated.
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True: Making a payment on an account would be journalized with a debit to Accounts Payable and credit to Cash.
Answer: B) reported liabilities will be understated and net income will be overstated.
By not accruing warranty expense, reported liabilities will be understated because the company has an obligation to provide warranty service in the future, but it is not recognizing the associated expense. This understates the reported liabilities on the balance sheet. Additionally, net income will be overstated because the expense related to warranty service has not been recognized, resulting in higher reported income.
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why do your feet stink
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Answer:
feet become smelly if sweat soaks into shoes and they don't dry before you wear them again. Bacteria on the skin break down sweat as it comes from the pores.
Locker Rentals Corp. (LRC) operates locker rental services at several locations throughout the city including the airport, bus depot, shopping malls, and athletics facilities. Unlike some of the old mechanical lockers that charge a fixed amount per use, LRCs lockers operate electronically and are able to charge based on hours of use. The locker system transmits a daily message to LRC's office indicating the number of hours that lockers have been used, which the office manager uses to determine when cash should be picked up at each location. LRCs cash receipts system is described below. For each statement (a)-(g), identify the internal control principle being applied.
a. Two employees ("cash collection clerks") are responsible for collecting cash from the lockers. Based on instructions from the office manager, one clerk collects cash from specific locations on the west side of the city and the other collects from specific locations on the east side. _____
b. When each cash collection clerk returns with the cash, a supervisor counts the cash and prepares a cash count sheet. _____
c. The supervisor summarizes the cash count sheets in a prenumbered daily cash summary and files the prenumbered cash count sheets by date. _____
d. The supervisor places the cash in a locked cashbox until it is taken to the bank for deposit. _____
e. The supervisor, not the cash collection clerks, takes the cash to the bank for deposit. _____
f. The supervisor prepares a duplicate deposit slip, which the bank stamps after the deposit is made, to indicate the date and amount of the deposit. _____
g. The supervisor sends the stamped bank deposit slip and daily cash summary to the accountant, who compares them before preparing a journal entry debiting Cash and crediting Locker Rental Revenue
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a. Two employees ("cash collection clerks") are responsible for collecting cash from the lockers. Based on instructions from the office manager, one clerk collects cash from specific locations on the west side of the city and the other collects from specific locations on the east side. Establish Rsponsibility.
b. When each cash collection clerk returns with the cash, a supervisor counts the cash and prepares a cash count sheet. Document Procedures.
c. The supervisor summarizes the cash count sheets in a prenumbered daily cash summary and files the prenumbered cash count sheets by date. Document Procedures.
d. The supervisor places the cash in a locked cashbox until it is taken to the bank for deposit. Restrict Access.
e. The supervisor, not the cash collection clerks, takes the cash to the bank for deposit. Segregation of Duties.
f. The supervisor prepares a duplicate deposit slip, which the bank stamps after the deposit is made, to indicate the date and amount of the deposit. Document Procedures.
g. The supervisor sends the stamped bank deposit slip and daily cash summary to the accountant, who compares them before preparing a journal entry debiting Cash and crediting Locker Rental Revenue. Independent Verification.
The internal control principles being applied in the given scenarios are as follows. Firstly, the principle of establishing responsibility is demonstrated by having two cash collection clerks assigned to specific locations, ensuring accountability and minimizing the risk of fraud. Secondly, documenting procedures is evident when the supervisor counts the cash and prepares a cash count sheet upon the return of each clerk.
This documentation provides a record of the cash collected and acts as evidence for future reference. Furthermore, the supervisor summarizes the cash count sheets in a prenumbered daily cash summary, promoting organization and facilitating reconciliation. Restricting access is implemented as the supervisor places the cash in a locked cashbox until it is taken to the bank for deposit, safeguarding the funds from unauthorized handling. The principle of segregation of duties is observed as the supervisor, rather than the cash collection clerks, takes the cash to the bank, reducing the risk of collusion.
Additionally, the preparation of a duplicate deposit slip and its subsequent stamping by the bank serves as a documented procedure, ensuring accuracy and providing a traceable record of the deposit. Lastly, independent verification is applied as the accountant compares the stamped bank deposit slip and the daily cash summary, ensuring consistency before preparing the necessary journal entry.
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Research indicates that about half of lost customers leave due to price considerations.
a. true
b. false
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Research has indeed indicated that price is a major factor that contributes to customers leaving a business. In fact, studies have shown that about half of lost customers leave because they feel that the prices offered by the business are too high.
This is why it is important for businesses to stay competitive in terms of pricing, as well as offer quality products or services that justify the price point. However, it is important to note that not all lost customers leave due to price alone. Other factors such as poor customer service, lack of product availability, and competition can also contribute to customer attrition.
Therefore, businesses should conduct thorough research to understand the reasons behind customer churn, and take appropriate measures to address these concerns. This can include adjusting pricing strategies, improving customer service, or enhancing product offerings to meet customer needs and preferences. By doing so, businesses can reduce customer attrition and improve customer loyalty and retention in the long term.
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At the current market price in the market for smartphones, the quantity of buyers is larger than the quantity of sellers. Given this situation, we can expect the market price of smartphones to: a) Increase b) Decrease c) remain unchanged
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Given that the quantity of buyers is larger than the quantity of sellers in the market for smartphones at the current market price, we can expect the market price of smartphones to a) Increase.
When the quantity of buyers is larger than the quantity of sellers, it indicates a situation of excess demand or a shortage in the market.
In such a scenario, buyers compete with each other to purchase the limited supply of smartphones, driving up the demand and putting upward pressure on prices. Sellers have the advantage in this situation, allowing them to increase the market price of smartphones to capitalize on the imbalance between supply and demand.
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The employee earnings record would contain which column that the payroll register would probably not contain?
A. deductions
B. payment
C. earnings
D. cumulative earnings
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The employee earnings record and the payroll register are two important documents used in processing employee salaries and benefits. The employee earnings record is a document that contains detailed information about an employee's earnings for a specific period.
It usually includes the employee's name, employee number, pay period dates, gross earnings, deductions, net pay, and cumulative earnings for the year. The payroll register, on the other hand, is a summary document that provides a summary of all employees' gross earnings, deductions, and net pay for a specific pay period.
The employee earnings record would contain the column for "deductions," which is not found on the payroll register. This column contains information about the various deductions made from an employee's paycheck, such as taxes, health insurance, retirement plans, and other benefits. The employee earnings record serves as an important document for tracking and monitoring an employee's earnings and deductions throughout the year.
The payroll register, on the other hand, provides a summary of all employees' earnings and deductions for a specific pay period. It usually includes the employee's name, employee number, gross earnings, deductions, and net pay. However, it does not contain the column for "deductions" since it is a summary document.
In conclusion, the employee earnings record would contain the column for "deductions," which is not found on the payroll register. The employee earnings record serves as an important document for tracking and monitoring an employee's earnings and deductions throughout the year, while the payroll register provides a summary of all employees' earnings and deductions for a specific pay period.
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Which important aspect of goal setting helps you keep an eye on the big picture and is useful for giving yourself feedback?.
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The important aspect of goal setting that helps to keep attention on the big picture while being useful for feedback purposes is B. behavioral objectives.
What is a behavioral objective?
A behavioral objective is a learning outcome that details the learner's experience in measurable terms and forms the learning and performance evaluation basis.
Answer Options:A. teaming objectives
B. behavioral objectives
C. tactical planning
D. deadlines
Thus, the important aspect of goal setting is not teaming objectives, tactical planning, or deadlines but behavioral objectives.
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An article in a newspaper explains that a new business is about to open.
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Answer:
So what's the question......??????
fill in the blank: are items you need to help get the project done. they are considered project resources.
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Materials are items you need to help get the project done. they are considered project resources.
When we talk about resources, we're talking about all the things that are available to us that are environmentally friendly, economically viable, and culturally sustainable and that help us meet our needs and desires. Depending on their availability, resources can be divided into renewable and non-renewable categories.
In order to achieve a particular result, a project consists of a number of tasks. A set of inputs and outputs needed to accomplish a specific objective can also be referred to as a project. From simple to complex, projects can be managed by one person or one hundred. An appropriate project title summarises the entire assignment in one phrase. Referencing the Project with the Assigned Name helps the team.
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the first electronic exchange, where investors can buy and sell stock, is the _______.
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The first electronic exchange, where investors can buy and sell stock, is the NASDAQ (National Association of Securities Dealers Automated Quotations) exchange.
It was established in 1971 by the National Association of Securities Dealers (NASD) and initially operated as a quotation system that provided electronic quotes for Over-The-Counter (OTC) securities.
However, in 1985, NASDAQ became a full-fledged stock exchange, offering trading in listed stocks, and it has since grown to become the second-largest stock exchange in the world by market capitalization, after the New York Stock Exchange (NYSE).
The NASDAQ is known for its technology-focused stocks and is home to some of the world's largest tech companies, such as Apple, Microsoft, and Amazon.
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Who must file must file a federal income tax?
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The individuals earning around $13000 and couple earning jointly around $26000 should file a federal income tax.
Federal Income tax is referred to as the tax which is paid by the citizens of the country as a part of their income to the federal government. The government collects these taxes and the revenue from these taxes is used for the betterment of the society as the different projects and educational funding are granted from these revenues. Individuals earning a total of around $13000 are require to file the taxes to the federal government and the couples who are married and earn $26000 as a total amount by both of them are required to file the taxes. They can file the taxes by online e-filing service available.
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Discuss the importance of vision, mission, goals, and objectives setting within the context of the business environment.
PLEASE HURRY THIS IS A TEST
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Answer:
All of these options are critical in setting the trajectory of the business. A vision statement is a brand looking toward the future and saying what it hopes to achieve through its mission statement. A mission statement clarifies what the company wants to achieve, who they want to support, and why they want to support them. Business goals define the "what" of a business's purpose whereas business objectives define the "how." Business goals typically only provide a general direction that a company will follow whereas business objectives clearly outline actionable steps.
which of the following will cause an unregulated monopolist to produce a more allocatively efficient level of output? responses a tax based on the amount of profits a tax based on the amount of profits a tax that does not change as output increases a tax that does not change as output increases a tax that increases as output increases a tax that increases as output increases a subsidy that increases as output increases a subsidy that increases as output increases a subsidy that does not change as output increases
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A tax that increases as output increases will cause an unregulated monopolist to produce a more allocatively efficient level of output. So the option C is correct.
The term "progressive tax" describes a tax that rises as output rises. By charging higher output at a higher rate, this sort of tax structure promotes increased production. Due to the fact that they are taxed more heavily the more they produce, the monopolist has an incentive to increase their output.
Because the higher the output, the higher the tax, which serves as a disincentive to overproduce, the more effective the allocation of resources, the more the monopolist produces.
As a result, the monopolist generates a production level that maximizes societal welfare, or an output level that is allocatively effective. Because it promotes the monopolist to create an amount of output that is most advantageous to society, this form of tax system is good for society. So the option C is correct.
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The complete question is:
Which of the following will cause an unregulated monopolist to produce a more allocatively efficient level of output? responses
A. a tax based on the amount of profits
B. a tax that does not change as output increases
C. a tax that increases as output increases
D. a subsidy that increases as output increases
E. a subsidy that does not change as output increases
Which best diagrams the correct obstacle to the example?
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economic trade this is your answer hope it's helpful to you
Economic Trade is the answer.
Convincing a person using appeal and understanding is_____.
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Answer:
persuasion or pathos?
WHAT ARE TWO BENEFITS AND DRAWBACKS OF BEING A SOLE TRADER?
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Explanation:
benefits of being a sole trader
The main benefit of being a sole trader is that you are your own boss and you can dictate the direction of the business.you keep all the profits andyou have maximum privacy.
drawbacks
Financing and business credit is harder to procurePotential credibility issueit's easy to change your legal structure later if circumstances change you can easily wind up your business.
The financial markets are a relatively new technological development created in the last 50 years.
Answers
Answer:
False
Explanation:
Wall Street, which is one of the most famous financial markets in the US was established in 1792. In Europe, financial markets exist since the middle ages. Modern banking started in Italy in the 12th century.
Telecommunications improved how financial markets work during the 20th century and expanded their reach, but they are almost 900 years old.
what are the advantages of conducting a feasibility study?
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A feasibility study aims to provide an objective assessment of the technical, economic, administrative, legal, and environmental difficulties associated with a proposed project.
A company might carry out a feasibility study when it considers launching a new project, broadening its product line, or acquiring a rival. A feasibility study assesses the possibility that the proposed plan or project will be successful by outlining the predicted costs and benefits in detail. It is a good idea to have a backup plan in place in the event that the primary project is shown to be unworkable. Simply said, a feasibility study assesses the viability of a project plan or technique. This is done by looking at technical, economic, legal, operational, and time feasibility aspects.
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an income statement reporting variances from standard costs is for
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An income statement reporting variances from standard costs is a financial statement that compares the actual costs incurred during a period with the standard costs that were expected. Its purpose is to analyze the efficiency and effectiveness of cost management in manufacturing and production industries.
An income statement reporting variances from standard costs is a financial statement that compares the actual costs incurred during a period with the standard costs that were expected. It is used to analyze the efficiency and effectiveness of cost management in manufacturing and production industries.
The purpose of this income statement is to provide information about the differences or variances between the actual costs and the standard costs. By comparing the two, management can identify areas where costs are higher or lower than expected and take appropriate actions to improve cost control and profitability.
The income statement reporting variances from standard costs typically includes line items for sales revenue, cost of goods sold, and various expense categories. The variances are calculated by subtracting the standard costs from the actual costs and are presented as either favorable (if actual costs are lower than standard costs) or unfavorable (if actual costs are higher than standard costs).
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Identify the problem by analyzing the given scenario. An IT software company is losing market share because it fails to launch new products in a timely manner. Decisions are centralized at the top, and employees have little or no voice. One way to solve this problem is to use teams to eliminate ____ in the company.
Answers
Explanation:
to eliminate their best efforts in the company
Answer:
"bureaucratic barriers"
Explanation:
i got it right on plato
Select the examples that best demonstrate likely tasks for Business Financial Management and Accounting workers.
Check all that apply
Horace documents information about a company's spending on a computer
Sun creates a budget to show how money will be used
Noel creates goals and policies for a company and presents them at a meeting
Jermaine researches a company's potential customers and ways to sell to them.
Selina helps employees and management to negotiate and come to agreement.
Aubrey checks documents and reports to make sure they are accurate and complete
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Answer:
A.) Horace documents information about a company’s spending on a computer.
B.) Sun creates a budget to show how money will be used.
F.) Aubrey checks documents and reports to make sure they are accurate and complete.
Explanation:
I did the assignment
Answer:
A.) Horace documents information about a company’s spending on a computer.
B.) Sun creates a budget to show how money will be used.
F.) Aubrey checks documents and reports to make sure they are accurate and complete.
Explanation:
took it on edge 2020 and got it right
A bond that makes no coupon payments and is initially priced at a deep discount is called a __________ bond. group of answer choices municipal zero coupon treasury junk
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A bond that makes no coupon payments and is initially priced at a deep discount is called a "zero coupon bond."
Zero coupon bonds are also known as "discount bonds" because they are issued and initially traded at a price significantly lower than their face value or redemption value. Unlike regular bonds that pay periodic interest or coupon payments, zero coupon bonds do not make any coupon payments during their term.
The unique characteristic of zero coupon bonds is that they are issued at a discount to their face value, meaning investors purchase them for less than the amount they will receive at maturity. The discount represents the interest that accrues over the bond's life, and the bondholder receives the face value of the bond at maturity.
Since zero coupon bonds do not provide periodic interest payments, their return to investors comes from the difference between the purchase price and the face value upon maturity. This allows investors to benefit from compounding interest, as the bond's price appreciates over time, moving towards its face value.
Zero coupon bonds are issued by various entities, including governments, municipalities, corporations, and financial institutions. While the term "municipal" is commonly associated with bonds issued by local governments, it does not specifically refer to zero coupon bonds. Similarly, "treasury" bonds are issued by the government and can include zero coupon bonds, but not all treasury bonds are zero coupon bonds. "Junk" bonds, on the other hand, refer to bonds that are rated below investment-grade due to their higher default risk and are not necessarily zero coupon bonds.
Therefore, the correct answer is "zero coupon."
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i need help with Question B5 (a) short essay. im completely lost please help me :(
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Select a topic and develop a curriculum targeted to 6th-grade students.
Provide an outline of the material and how it will be presented.
Defend your reasoning for the mode of delivery that was selected.
Submit a 450-word response about the topic, curriculum, material outline, and presentation method.
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Explanation:
Provide an outline of the material and how it will be presented.
is the correct answer .
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under what kind of financing arrangment does the grantor (seller) become the lessee and the grantee ( buyer) becomes the lessor? a. partial sale b. wraparound mortgage. c. sale and leaseback d. assumption of mortgage
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The correct answer is c. Sale and Leaseback.
In a sale and leaseback arrangement, the grantor (seller) sells their property to the grantee (buyer) and then leases it back from them. This allows the seller to free up capital tied up in the property while still maintaining the right to use it.
The grantee (buyer) becomes the lessor in this situation, as they are now the owner of the property and leasing it to the seller. The grantor (seller) becomes the lessee, as they are renting the property from the new owner.
This financing arrangement differs from the other options provided:
a. Partial Sale: This occurs when the seller retains a portion of the ownership in the property, and the buyer acquires the remaining share.
b. Wraparound Mortgage: This is a type of secondary financing where a new mortgage is created, which "wraps around" the existing mortgage, with the new lender essentially assuming the risk of the existing loan.
d. Assumption of Mortgage: This is when a buyer takes over the seller's existing mortgage, including its terms and conditions, effectively releasing the seller from the mortgage debt.
In summary, a sale and leaseback arrangement is the financing method in which the grantor (seller) becomes the lessee and the grantee (buyer) becomes the lessor.
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Assume an investor buys a six-month put option with an exercise price of $50 and a premium of $4.31. The payoff for the put at expiration is a function of the share price at that time. The investor forecasts a combination of five possible share prices that will occur in six-months time. What is the maximum profit to the buyer of the put option? Give your answer to two decimal places.
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The maximum profit to the buyer of the put option, after considering various scenarios, is $5.69. This profit is obtained by subtracting the premium paid from the profit gained when the share price is $40, allowing the investor to exercise the option and sell the shares at a higher price.
We need to consider the different possible scenarios based on the forecasted share prices, to calculate the maximum profit to the buyer of the put option.
A put option gives the holder the right to sell the underlying asset (in this case, shares) at the exercise price, regardless of the market price.
The exercise price is $50, the investor will exercise the put option when the share price is below $50, as this allows them to sell the shares at a higher price than the market value.
Let's consider the five possible share prices and calculate the profit for each scenario:
1. If the share price is $40, the investor can exercise the put option, selling the shares at $50, and making a profit of $50 - $40 = $10.
2. If the share price is $45, the investor will not exercise the put option since it is more profitable to sell the shares in the market at $45, resulting in a profit of $0.
3. If the share price is $50, the investor will not exercise the put option and will have no profit.
4. If the share price is $55, the investor will not exercise the put option as it is more profitable to sell the shares in the market at $55, resulting in a profit of $0.
5. If the share price is $60, the investor will not exercise the put option, resulting in no profit.
To determine the maximum profit, we consider the scenario where the investor has the highest profit. In this case, it is when the share price is $40, and the profit is $10.
However, we need to subtract the premium paid for the put option. So the maximum profit to the buyer of the put option is $10 - $4.31 = $5.69.
Therefore, the maximum profit to the buyer of the put option is $5.69.
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You're been placed in charge of all promotion for a product that has common appeal in different cultures around the world. You'll most likely engage in a promotion.
Answers
Answer:
True
Explanation:
A product that has common appeal in different cultures around the world would indeed require engaging in promotion. Why? Because each culture may have unique consumer behaviors.
For example, a popular product like Coke that has common appeal in different cultures around the world often engages in promotion in order to still keep existing customers and to acquire new ones because of the presence of other competitors.
Camille, a buyer, wants to change the price already agreed to in a sales contract. what document should she use?
Answers
Camille, a buyer, wants to change the price already agreed to in a sales contract. The document that she should use is Amendment.
A contract is a settlement between non-public events developing mutual responsibilities enforceable by means of regulation. The fundamental factors required for the agreement to be a legally enforceable agreement are mutual assent, expressed by a valid provide and acceptance; good enough consideration; capability; and legality.
A contract is a legally binding agreement among two or greater parties who agree to shop for or promote items and services from one another. there are many one-of-a-kind forms of contracts. The 3 maximum not unusual settlement types include fixed-rate contracts. fee-plus contracts.
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