Outstanding stock of the West Corporation included 40,000 shares of $5 par common stock and 10,000 shares of 5%, $10 par non-cumulative preferred stock. In 2022, West declared and paid dividends of $4,000. In 2023, West declared and paid dividends of $20,000. How much of the 2023 dividend was distributed to the preferred stockholders?
A. $9,000.
B. None of these answer choices are correct.
C. $15,000.
D. $5,000
Answers
Regarding the given statement, option D is correct, according to the question. (10,000 ×$10) × .05 = $5,000
What does the term "stockholder" mean?
Shareholders, also known as stockholders, are the shareholders of a company's shares outstanding, which represent a residue left fraction of a corporation's assets and profits as well as a proportion of the voting power of the company.
What is the distinction between stockholders and shareholders?
To get into the nitty gritty of the aspects, "stockholder" theoretical part to the owner of stock, which may be interpreted as inventory rather than shares. In contrast, "shareholder" refers to the owner of an equity, which may only refer to an equity stake in a company.
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Related Questions
The primary role of money in the economy is to
A) help set intererates at financial institutions.
B) identify prices of goods and services,
C) serve as a medium of exchange for goods and services.
D) provide a mechanism to assist foreign trade.
Answers
Here are simplified financial statements for Watervan Corporation:
1.) Calculate Watervan’s economic value added (EVA).
Note: Do not round intermediate calculations. Enter your answer in millions rounded to 2 decimal places.
2.) What is the company’s return on capital? (Use start-of-year rather than average capital.)
Note: Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.
3.) What is its return on equity? (Use start-of-year rather than average equity.)
Note: Enter your answer as a percent rounded to 2 decimal places.
Answers
Based on the financial statements given for Watervan Corporation, the Economic Value Added is $54.501 million.
What is the Economic Value Added?This can be found by the formula:
= (EBIT x (1 - Tax rate)) - (Cost of capital x Capital)
Tax rate is:
= 20 / 97 x 100
= 20.6%
Capital invested:
= Equity + Long term debt
= 256 + 121
= $377 million
Economic value added is:
= (109 x (1 - 20.6%)) - (8.5% x 377)
= $54.501 million
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Need answered quickly....Please Help!
3. According to the Theory of Liquidity Preference, a fall in the price level reduces the amount of money that people wish to hold. As a result, falling interest rates stimulates investment spending and aggregate demand. Give an example of this and explain.
Answers
Answer:
The liquidity trap occurs when interest rates are at or close to 0%, but people still hoard cash instead of spending or investing it, hampering monetary ...
Explanation:
An increase in the money supply reduces the equil interest rate for any given price level. Because a lower interest rate stimulates investment spending, ...
US REFERENCE: SO 9
5. Given an organisation in a different province or country, describe the way in which performance
would be adapted.
Answers
Answer:
Adapting performance in an organization in a different province or country would require an understanding of the local culture, customs, laws, and regulations. The organization would need to take into account the linguistic and communication barriers that may exist, and may need to provide additional training. Performance metrics would also need to be reviewed and adjusted to reflect the unique challenges and opportunities of the specific geographic location. Additionally, the organization would need to build relationships with local stakeholders, such as customers, suppliers, and government officials, to ensure and maintain its success in the new market. A comprehensive market analysis and strategy development would need to be undertaken to ensure that the organization is positioning itself for success and anticipating local challenges. Finally, the organization may need to adjust its policies and procedures to align with local laws and regulations and to refreflect on theect the cultural norms of the new market. Overall, it is important for the organization to remain adaptable and flexible to maintain success in a new market.
Explanation:
when does your teacher tell you good boy?
Answers
Click this link to view O'NET's Skills section for Human Resources Managers, Note that common skills are listed
toward the top and less common skills are listed toward the bottom. According to O'NET, what are some common
skills needed by Human Resources Managers? Select four options
management of personnel resources
operation and control
social perceptiveness
speaking
O active listening
troubleshooting
Answers
Answer: B C and E
Explanation: Brainliest please
Answer:
A, C, D, and E.
Explanation:
Phyllis makes a deal with her niece Stephanie that if Stephanie gave up gambling for two years, Phyllis would pay Stephanie $5,000. Stephanie gave up gambling for the required two years. Does this deal have valid consideration
Answers
Answer:
Yes .
Explanation:
I think so because Stphanie did what Phyllis asked , now she should get her well deserved $5,000 .
How To Do The Right Minicab To Stansted Airport Booking?
Answers
Answer:
from my side go in this link
https://saffronwaldentaxis.co.uk/
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Task 1: Careers and Educational Requirements Perform online research and choose a career in the financial services industry. Determine the education you will need to prepare for this career.
Task 2: Certification Requirements
For your chosen career, identify the certification or licensing required. Develop a strategy to prepare for certification.
Task 3: Information Technology and Interpersonal Skills
For your chosen career, describe the skills you will need to learn and develop.
Answers
For Task 1, I have chosen the career of a financial analyst in the financial services industry. To prepare for this career, a Bachelor's degree in Finance, Accounting, Economics, or a related field is required.
For Task 2, becoming a Certified Financial Analyst (CFA) is highly valued in this career. The CFA program consists of three levels of exams that cover topics such as economics, financial reporting and analysis, ethics, and investment tools.
For Task 3, both information technology and interpersonal skills are important in this career. Financial analysts must have strong analytical skills and be proficient in using financial modeling software and spreadsheet applications.
Task 1- Many employers also prefer candidates with a Master's degree in one of these fields. Additionally, courses in statistics, mathematics, and computer science can be beneficial in this career. Task 2- To prepare for this certification, one should enroll in a CFA program review course, study the material thoroughly, and take practice exams to prepare for the rigorous testing process.
Task 3- They also need to have excellent communication and interpersonal skills to be able to work effectively with clients and team members. Additionally, they must be able to present complex financial information in a clear and understandable manner. Developing and honing these skills can be achieved through a combination of on-the-job experience, training, and continuing education courses.
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Explain other advantages of the autociatic leadership style. se Se busines
Answers
The autocratic leadership style has several advantages in certain business situations. Firstly, it allows for quick decision-making and efficient execution. In an autocratic leadership approach, the leader has the authority to make decisions without consulting others extensively. This can be advantageous in situations where immediate action is needed or when there is limited time for deliberation. By taking charge and making decisions swiftly, autocratic leaders can ensure that tasks are completed efficiently and objectives are met in a timely manner.
Secondly, autocratic leadership provides clear direction and reduces ambiguity. The leader in this style has a strong control over the decision-making process and can provide clear instructions to their team members. This clarity helps employees understand their roles and responsibilities, minimizing confusion and increasing productivity. Autocratic leaders often set specific goals and expectations, which can be beneficial in situations where precision and adherence to guidelines are crucial.
Additionally, the autocratic style can be effective in organizations or industries that require a hierarchical structure or where strict compliance is necessary. Industries such as the military, manufacturing, or emergency services often rely on autocratic leadership to ensure discipline, maintain order, and promote safety.
However, it is important to note that the autocratic leadership style may not be suitable for all situations or business contexts. It can stifle creativity and innovation by limiting input and involvement from team members. It may also lead to decreased employee satisfaction and motivation, as individuals may feel disempowered or undervalued. Therefore, the autocratic style should be used selectively and combined with other leadership approaches to create a balanced and inclusive organizational culture.
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On January 1, 2020, Franel Co. acquired all of the common stock of Hurlem Corp.For 2020, Hurlem earned net income of $360,000 and paid dividends of $190,000.Amortization of the patent allocation that was included in the acquisition was $6,000. How much difference would there have been in Franel's income with regard to the effect of the investment, between using the equity method or using the initial value method of internal recordkeeping
Answers
Answer:
$6,000
Explanation:
Calculation for How much difference would there have been in Franel's income with regard to the effect of the investment, between using the equity method or using the initial value method of internal recordkeeping
Using this formula
Difference in Franel's income using Equity Method = [(Net income-Dividends)-(Net income-Patent allocation amortization- Dividends)]
Let plug in the formula
Difference in Franel's income using Equity Method =[($360,000 - $190,000)-($360,000 - $6,000 - $190,000]
Difference in Franel's income using Equity Method = $170,000 -$164,000
Difference in Franel's income using Equity Method =$6,000
Therefore How much difference would there have been in Franel's income with regard to the effect of the investment, between using the equity method or using the initial value method of internal recordkeeping is $6,000
The rate established before the start of a period that uses estimated overhead costs and an estimated activity base such as estimated direct labor, and that is used to apply estimated overhead to jobs, is the:
Answers
The rate established before the start of an accounting period that is used to apply estimated overhead to jobs, is the: Predetermined Overhead Rate.
What is the Predetermined Overhead Rate?The Predetermined Overhead Rate is a calculation that is performed at the beginning of an accounting period. It is intended to the standard price of a product.
The calculation is performed by obtaining the estimated manufacturing overhead and dividing this by the estimated base of activity.
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Relative Valuation (45 min) X KNOWLEDGE CHECK On the chart below, if the earnings per share grew from 7.61 on December 31, 2018, to 7.82 on June 30, 2019, what would the implied earnings yield be?
Answers
The implied earnings yield be 4.1%.
Thus, the correct option is B.
What do you mean by earnings?The net advantages of a corporation's operations are its earnings. Additionally, earnings are the source of corporation tax obligations.
EBIT and EBITDA are two additional terms that are more specifically utilized for a study of certain areas of company operations. There are other other names for earnings that are frequently used, including income and profit.
Earnings are the sum of money that a person or organization receives over a specific time period.
They can be found on an income statement for a business and are used to gauge how profitable it is. Better financial performance is typically indicated by higher recurring earnings, which can also have a beneficial effect on stock values.
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Which statement describes why the people in a nation with a command
economy might resist a shift to a free market economy?
A. People who hold political power are threatened by fundamental changes.
B. Workers are reluctant to give up their participation in a classless society.
C. Workers are reluctant to accept complete government control of their economy.
D. Factory and business owners are reluctant to place their capital under worker
authority Xd
Answers
Answer:
People who hold political power are threatened by fundamental changes.
Explanation:
People who hold political power are threatened by fundamental changes is the statement describes why the people in a nation with a command economy might resist a shift to a free market economy. Thus, option (a) is correct.
What is economy?The mechanism through which a nation or region organizes its money, industry, and trade is concerned to as its “economy.” The economy is the important part of the country. The primary sector of the economy is the industrial sector and agriculture sector. The family (consumption) and company (product sales) are both parts of the economy.
According to the population is the important part of the economy. The individual citizen in the nation is a command economy might resist a shift to a free market economy. A people are the special rights to hold political power are imperiled by fundamental changes.
As a result, the significance of the economy are the aforementioned. Therefore, option (a) is correct.
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Uncle Tom’s factory in Tasmania is responsible for manufacturing the Direct Calorie Bar. The factory employs a process costing system. Due to the management accountant still suffering from food poisoning, you have been asked to prepare the end of period product costing.
The process for manufacturing the ‘Direct Calorie Bar’ involves mixing all the ingredients. The ingredients are then poured into moulds and injected with extra pure sugar and snap-frozen. It is assumed for process costing purposes that all raw material ingredients are added at the commencement of the process. Packaging occurs when the manufacturing process is 70% complete. For the purpose of accounting, the conversion costs of manufacturing are assumed to occur evenly across the whole of the production cycle.
The following information relates to the production of Direct Calorie Bar during the month of November.
Work-in-process: 1 November 2020 8,500 units
Stage of completion Value
Raw materials 100% $ 170,000
Packaging 100% $ 63,750
Conversion 65% $ 260,000
Work-in-process: 30 November 2020 15,300
60% complete
Chocolate Bars commenced during November 36,000
Cost incurred during production:
Raw materials $ 160,000
Packaging $ 82,500
Conversion $ 350,000
Required:
a) Using the Weighted Average Cost Method determine the cost value of closing WIP and the cost value of goods transferred out during the period. (10 marks)
b) Using the First in First Out (FIFO) method determine the cost value of closing WIP and the cost value of goods transferred out during the period. (10 marks)
Answers
Answer:
okay this makes sence. you would first subtract and get
Explanation:
5
How To Find The Best Luxury Portable Restrooms In Sacrament
Answers
Research reliable agencies with tremendous opinions, lots of restroom options, and exact customer support. Ask for referrals and reach out for a quote.
To locate the great luxury transportable restrooms in Sacramento, you can start with the aid of learning from reputable corporations specializing in luxurious transportable restroom rentals. Look for groups with nice purchaser opinions and quite a few restroom alternatives to pick from. Consider factors along with the restroom's length, amenities, and cleanliness.
You also can ask for referrals from pals, a circle of relatives, or event planners who've used luxurious portable restrooms in the past. Once you have got a listing of ability agencies, attain out to them to talk about your desires and obtain a quote.
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Sandra’s Purse Boutique has the following transactions related to its top-selling Gucci purse for the month of October. Sandra's Purse Boutique uses a periodic inventory system.
Date Transactions Units Unit Cost Total Cost
October 1 Beginning inventory 6 $ 790 $ 4,740
October 4 Sale 4
October 10 Purchase 5 800 4,000
October 13 Sale 3
October 20 Purchase 4 810 3,240
October 28 Sale 7
October 30 Purchase 8 820 6,560
$ 18,540
3. Using LIFO, calculate ending inventory and cost of goods sold at October 31
Answers
The cost of goods sold (COGS) was $17,260, and the ending inventory was $3,160 using the LIFO method.
The LIFO method (last-in, first-out) of inventory valuation requires that the most recent purchases of inventory be used first in the cost of products sold and ending inventory calculations. The ending inventory and cost of products sold at the end of October will be calculated using the LIFO method, based on the data given in the table.Based on the data given, the total units sold is 14, and the total units purchased is 17. Here's how to calculate the ending inventory and cost of products sold using the LIFO method:Step 1: The last purchase of 8 units at a cost of $820 each on October 30 is deducted from the inventory count, leaving 9 units.Step 2: The previous purchase of 4 units at a cost of $810 each on October 20 is deducted from the inventory count, leaving 5 units.Step 3: The next purchase of 5 units at a cost of $800 each on October 10 is deducted from the inventory count, leaving 0 units.Step 4: Based on the LIFO method, the cost of the ending inventory is the sum of the cost of the oldest units remaining in stock, which is 4 units at a cost of $790 each on October 1, totaling $3,160.Step 5: Based on the LIFO method, the cost of goods sold (COGS) is calculated by adding the total cost of units sold, which is 14 units at a cost of $820 each on October 30, 4 units at a cost of $810 each on October 20, and 5 units at a cost of $800 each on October 10, totaling $17,260.Therefore, the cost of goods sold (COGS) was $17,260, and the ending inventory was $3,160 using the LIFO method.For more questions on cost of goods sold (COGS)
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Explain with examples all financial statements and how they are done
Answers
Answer:
They are: (1) balance sheets; (2) income statements; (3) cash flow statements; and (4) statements of shareholders' equity. Balance sheets show what a company owns and what it owes at a fixed point in time. Income statements show how much money a company made and spent over a period of time.
Explanation:
hope this helps :)
According to the Moral Choices textbook, what is NOT a weakness for Virtue Ethics?
Answers
Virtues include things like sincerity, bravery, empathy, compassion, generosity, loyalty, integrity, justice, self-control, and wisdom. The principles of virtue ethics are founded on the happiness of the individual rather than the welfare of society, which is another flaw that surpasses any positives of virtue ethics.
What is not a weakness for Virtue Ethics?
Whereas virtue is the opposite of vice, moral strength is the opposite of moral weakness, and some type of divinity is the opposite of brutishness.
Virtues are essential components of human greatness that enable survival and flourishing. Six essential qualities were discovered to be universal across all civilizations by researchers. The six virtues of transcendence, humanity, justice, bravery, temperance, and wisdom and understanding make up the grouping of the 24 character qualities.
According to virtue ethics, developing our character should be a lifelong endeavor that has the potential to genuinely alter who we are. The objective is to develop virtues that enable us to perceive the world clearly and, as a result, make better decisions. This is different from developing virtues that allow us to behave ethically without hesitation.
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This expansion to Bruges of course will require that we learn the Dutch and French languages.
Answers
It should be noted that expansion to Bruges of course will require one learn the Dutch and French languages.
What are Foreign languages?The foreign languages serves as expansion of ones understand by learning new language so as as foster foreign relationships.
Learn the Dutch and French languages will help to communicate better and build good relationship with foreign countries.
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Javier is purchasing his first home in Jacksonville, Florida. He is seeking pre-qualification on a home loan. However, the unemployment rate for Florida is 10.2% and GDP is declining. Chances are good that the Fed will raise interest rates in order to loosen the supply of money, resulting in a more expensive loan for Javier.
A. True
B. False
Answers
Answer:
What. is added to what is a ditto one 23
Which of the following incentives 1/15, net 30, 2/10 net 60 or 1/10 net 90, if any of these, is not likely to be a significant incentive to the customer to pay promptly? Explain your answer. Refer to the information provided in Chapter 7 of your text for clarification on what these incentives mean.
Answers
The incentive that would encourage customers to pay promptly is 2/10 net 60.
Which incentive would be best ?The meaning of the incentive of 2/10 net 60 is that the customer will get a 2 % discount if they pay in 10 days and if they don't then they will have to pay back what they owe in full, in 60 days.
This incentive will be the most significant in convincing customers to pay promptly because a payment in 10 days would reduce what they have to pay in total.
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If you are interested in working for a specific company, what type of job site should you look at for opening?
a. Geographic specific site
b. Industry specific site
C. Company site
d. General job site
Please select the best answer from the choices provided
А
B
С
D
Answers
Answer:
B. industry specific site
An industry specific site is the type of job site should you look at for opening. Hence, option B is correct.
What is industry specific?
As the term implies, "industry specific software" refers to any digital solution made specifically for a certain industry or specialized market. Despite the fact that every business is unique, not all need an expensive custom software solution.
Understanding market trends and best practices also means knowing how to put them into practice as efficiently as possible. A startup founder or a small business owner can greatly benefit from industry-specific solutions and insights in gaining a competitive edge.
Industries are frequently divided into categories based on the goods and services they provide. For instance, the pizza sector encompasses all businesses that produce and promote pizza.
Thus, option B is correct.
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how does coved-19 effect in how mangers make decisions?
Answers
Answer:
1. not all people want to wear a mask when they walk into their store
2. a lot of their workers probaly quit or have corona, this would make it harder to make decisions with not a lot people to work!
Explanation:
Amika has a high-paying job that she loves. She works so much that she has little time for anything else, and she doesn’t have much family that she stays in contact with. In addition, Amika works with most of her friends, so she doesn’t really mind the long hours. She rarely takes her vacation days, though she loves to travel and works it into her lifestyle whenever she can. In what way does Amika’s job support and conflict with her lifestyle?
She can work with her friends, which supports her social life, but she has long hours, which does not allow for family time.
The job is high paying, which can support her love of nice things, but she has long hours, which does not allow for family time.
The job is high paying, which can support her love of travel, but she has long hours, which does not allow for vacations.
She can work with her friends, which supports her family life, but she has long hours, which does not allow for vacations.
Answers
Answer:
A
Explanation:
Just did it on edg
A contract with an illegal object is not voidable
True
False
Answers
Answer:false
Explanation:
False
A voidable contract is legal. Its a void contract that is illegal- thus this statement is false
Hope this helped you- have a good day bro cya)
I NEED HELP PLEASE PLEASE I BEG
The article claims "Import taxes from 60% to 100% in the world's fourth-largest car market rank among the highest globally, drawing criticism from companies such as Tesla Inc (TSLA.O)Links to an external site., which shelved entry plansLinks to an external site. because of the high tariffs." Why is it that the Indian government has allowed so far 60% - 100% tariffs on imported cars? Your answer needs to be found in the article OR in the chapter that you learnt (3). NOT in Internet desktop research! (50-75 words, 5 pts).
Why are Maruti Suzuki, Tata Motors and Mahindra resisting this change? Again, use the article and what you have learnt in class. NO desktop research. (50 words max, 4 pts).
All else equal, would the WTO - a priori - be pleased about this potential development? Meaning a possible reduction of Import Taxes or Tariffs. If yes why? If no why? (50 words max, use your arguments based on the textbook material AND/OR Internet research here!, 3 pts)
Say you're a resident of India, and you were planning to buy a Range Rover made in the UK. All else equal, and given this article, and given you have the money available to buy the car - would you, a priori, buy the car or postpone your purchase? If yes why? If no why? (50 words max, 3 pts)
PLEASE I NEED HLEP
Answers
The Indian government has allowed such high tariffs on imported cars in order to protect domestic car manufacturers such as Maruti Suzuki, Tata Motors and Mahindra, who would otherwise face competition from foreign companies and face a possible decrease in their market share.
What is domestic?Domestic refers to activities or relationships that occur within a country or nation, such as domestic policy, domestic trade, domestic travel, and domestic affairs. Domestic activities are usually distinguished from international activities, as those that occur between two or more countries. Domestic activities are generally related to the internal affairs of a country and its citizens, including political, social, and economic issues.
Maruti Suzuki, Tata Motors and Mahindra are resisting the potential change because they are concerned that they would be unable to compete against foreign companies, who would be able to offer cheaper cars due to the lower tariff rates.
The WTO would not be pleased with this potential development because it is against their objective of free trade and would create an uneven playing field between domestic and foreign companies.
If I were a resident of India and planning to buy a Range Rover made in the UK, I would postpone my purchase because the high tariff rates would make the car much more expensive than it would normally be. This would mean that I would have to pay significantly more for the same car than if I had bought it from a domestic manufacturer.
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Hey everyone, I have a question about budget lines and indifference curves in relation to government subsidies.
A government subsidy programme lowers the price of food to poor consumers from $3 per unit to $2 per unit. Assume that food and “all other goods” (AOG) are both normal goods for the typical poor consumer, who has a budget of only $12. Let the price of AOG be $1. (My graph is attached)
Question: Indicate on your graph how much the program costs the government for the representative consumer.
Can you please explain it to me, I’m very confused. Would it be from A to C? I just don’t know why.
Thank you in advance :)
Answers
The cost of the subsidy program for the representative consumer would be $6.
How to determine the costIn this scenario, we have a government subsidy program that reduces the price of food for poor consumers from $3 per unit to $2 per unit. The typical poor consumer has a budget of $12 and faces a price of $1 for all other goods (AOG).
To determine the cost of the subsidy program for the representative consumer, we need to consider the quantity of food that the consumer can purchase before and after the subsidy.
Before the subsidy:
With a budget of $12 and food priced at $3 per unit, the consumer can afford to purchase $12 / $3 = 4 units of food.
After the subsidy:
With the subsidy reducing the price of food to $2 per unit, the consumer can now purchase $12 / $2 = 6 units of food.
The difference in the quantity of food purchased before and after the subsidy is 6 - 4 = 2 units.
To calculate the cost of the subsidy program, we multiply the additional quantity of food (2 units) by the original price of food ($3 per unit):
Cost of the subsidy = 2 units * $3 per unit = $6.
Therefore, the cost of the subsidy program for the representative consumer would be $6.
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vì sao nhà quản trị hành chính văn phòng cần phải có đủ 12 tiêu chuẩn???
Answers
Answer:
?
Explanation:
Fickel Company has two manufacturing departments—Assembly and Testing & Packaging. The predetermined overhead rates in Assembly and Testing & Packaging are $19.00 per direct labor-hour and $15.00 per direct labor-hour, respectively. The company’s direct labor wage rate is $21.00 per hour. The following information pertains to Job N-60: Assembly Testing & Packaging Direct materials $ 375 $ 39 Direct labor $ 168 $ 84 Required: 1. What is the total manufacturing cost assigned to Job N-60? (Do not round intermediate calculations.) 2. If Job N-60 consists of 10 units, what is the unit product cost for this job?
Answers
The total manufacturing cost assigned to Job N-60 is $ 696. If Job N-60 consists of 10 units, the unit product cost for this job is $111.00.
How to find the manufacturing costs ?Direct materials (Assembly + Testing & Packaging) = $375 + $39
= $414
Direct labor (Assembly + Testing & Packaging) = $168 + $84
= $252
Overhead applied (Assembly + Testing & Packaging) = $19 * 168 + $15 * 84 = $316 + $126
= $442
Total manufacturing cost = $414 + $252 + $442
= $1110
Unit product cost = Total manufacturing cost / Number of units
= $1110 / 10
= $111.00
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