York’s outstanding stock consists of 80,000 shares of noncumulative 7.5% preferred stock with a $5 par value and also 200,000 shares of common stock with a $1 par value. During its first four years of operation, the corporation declared and paid the following total cash dividends:
2015 $20,000
2016 28,000
2017 200,000
2018 350,000
Determine the amount of dividends paid each year to each of the two classes of stockholders: preferred and common. Also compute the total dividends paid to each class for the four years combined.
par value dividend dividend number of preferred annual
per preffered rate per preffered preffered divedends preffered
share share shares dividend
total cash paid to paid to dividend in
dividend preferred common arrears at
paid year-end
2015 20000 20000
2016 28000 28000
2017 200000
2018 350000 30000 320000
totals 598000 78000 320000
Answers
Answer:
total non-cumulative preferred stock dividends per year = 80,000 x 7.5% x $5 = $30,000
since the bonds are non-cumulative, if the dividends are not paid during one year, they are basically lost since they will not be paid in the future.
year
2015: $20,000 distributed to preferred stockholders
$0.25 per preferred stock$0 to common stockholders2016: $28,000 distributed to preferred stockholders
$0.35 per preferred stock$0 to common stockholders2017: $30,000 distributed to preferred stockholders, $170,000 distributed to common stockholders
$0.375 per preferred stock$0.85 per common stock2018: $30,000 distributed to preferred stockholders, $320,000 distributed to common stockholders
$0.375 per preferred stock$1.60 per common stock
Dividends paid during the 4 year period:
Preferred stockholders received $108,000 in total
$1.35 per preferred stockCommon stockholders received $490,000 in total
$2.45 per common stockThe total dividend for the preferred stockholders is $108000 while the value for the common stock holders will be $490000.
The value of the dividends paid during the four year period for the preferred stockholders will be:
= $20000 + $28000 + $30000 + $30000
= $108000
The value of the dividends paid during the four year period for the common stockholders will be:
= $170000 + $320000
= $490000
The dividend per preferred stock will be:
= $0.25 + $0.35 + $0.375 + $0.375
= $1.35
The dividend per common stock will be:
= $0.85 + $1.60
= $2.45
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Related Questions
they are not directly involved in the production of goods and services but act as a link between economic participants with surplus funds
Answers
They are not directly involved in the production of goods and services but act as a link between economic participants with surplus funds are financial intermediaries.
Who are financial intermediaries?Financial intermediaries are entities that are not directly involved in the production of goods and services but provide financial services that help facilitate economic transactions.
They receive funds from savers and investors and use these funds to provide loans and other financial services to borrowers.
The role of financial intermediaries is that they act as a link between these participants and those who are in need of capital is often fulfilled by financial intermediaries.
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Leimersheim GmbH has adopted the following policies regarding merchandise purchases and inven-
tory. At the end of any month, the inventory should be €15,000 plus 90% of the cost of goods to be
sold during the following month. The cost of merchandise sold averages 60% of sales. Purchase terms
are generally net, 30 days. A given month’s purchases are paid as follows: 20% during that month and
80% during the following month.
Purchases in May had been €150,000 and the inventory on May 31 was higher than planned
at €230,000. The manager was upset because the inventory was too high. Sales are expected to be
June, €300,000; July, €290,000; August, €340,000; and September, €400,000.
1. Compute the amount by which the inventory on May 31 exceeded the company’s policies.
2. Prepare budget schedules for June, July, and August for purchases and for disbursements for
purchases.
Answers
1. The amount by which the inventory on May 31 exceeded the company’s policies is €53,000.
2. The preparation of the budget schedules for June, July, and August for purchases and for disbursements for purchases is as follows:
a) Purchases:May June July August
Cost of goods sold 180,000 174,000 204,000
Ending Inventory €230,000 171,600 198,600 231,000
Goods available for sale 351,600 372,600 435,000
Beginning Inventory 230,000 171,600 198,600
Purchases €150,000 121,600 201,000 236,400
b) Disbursement for purchases:May June July August
20% during the month 24,320 40,200 47,280
80% following month 120,000 97,280 160,800
Total disbursements €144,320 €137,480 €208,080
How is the difference between actual inventory and inventory per company policy determined?Expected ending inventory = €15,000 plus 90% of the next month's cost of goods.
Cost of goods sold = 60% of sales
Purchase terms = net 30 days
Purchase payments:
20% during the month
80% following month
May June July August September
Expected Sales €300,000 €290,000 €340,000 €400,000
Cost of goods sold 180,000 174,000 204,000 240,000
Purchases €150,000
Ending Inventory €230,000
= €15,000 plus 90% of €180,000 = €177,000
Excess ending inventory for May = €53,000 ( €230,000 - €177,000)
Data and Calculations:Purchases:May June July August September
Expected Sales €300,000 €290,000 €340,000 €400,000
Cost of goods sold 180,000 174,000 204,000 240,000
Ending Inventory €230,000 171,600 198,600 231,000
Goods available for sale 351,600 372,600 435,000
Beginning Inventory 230,000 171,600 198,600 231,000
Purchases €150,000 121,600 201,000 236,400
Disbursement for purchases:20% during the month 24,320 40,200 47,280
80% following month 120,000 97,280 160,800
Total disbursements €144,320 €137,480 €208,080
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Which part of the result block should you evaluate to determine the Needs Met rating for that result?
True False
You always need to evaluate both the block and the landing page.
True
False
For a Special Content Result Block, you only need to evaluate the content inside the block and nothing else.
O True
False
For a Web Search Result Block, in most cases you should evaluate just the content inside the block.
O True
False
For a Special Content Result Block, evaluate the content inside the block. You may also need to evaluate the landing page as well in some cases.
Answers
You always need to evaluate both the block and the landing page. It is False
For a Special Content Result Block, you only need to evaluate the content inside the block and nothing else. It is True
For a Web Search Result Block, in most cases you should evaluate just the content inside the block. It is True
For a Special Content Result Block, evaluate the content inside the block. You may also need to evaluate the landing page as well in some cases. It is True
How to Know if the Needs met for the resultThe answer is False because while it is important to evaluate both the block and the landing page in some cases, it is not always necessary to do so, depending on the type of search result and the specific evaluation criteria being used.
For a Special Content Result Block, there is always need to evaluate both the content inside the block and the landing page to know the Needs Met rating for that result, depending on the specific evaluation criteria being used.
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Please answer the question in the photo.
Answers
The type of companies that sell goods and services can be classified in different ways, such as:
Retail businesses: Sell products and services directly to consumers, such as clothing stores.Wholesale companies: They sell products to other companies, such as distributors of food products.Manufacturing companies: Produce goods for sale, like car manufacturers.Service companies: Provide services to businesses or consumers, such as banks.Professional businesses: Provide specialized services to clients, such as accounting firms.Nonprofit companies: Focused on social or environmental causes, such as charities.What are the pros and cons of retail?
As an example, department stores have the advantages of the diversity of products offered to customers, but they have high indirect costs and online competition. Specialty stores have a positive point in creating brand equity and a limited customer base as a disadvantage.
Therefore, to open a successful business, you must research more about business types and structures, conduct market research and develop a business plan with focused strategies aligned with the objective.
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You deposit $1,800 at the end of each year into an account paying 10.6 percent interest.
a. How much money will you have in the account in 16 years?
Answers
Answer:
4852.80
Explanation:
1800×10.6%= 190.80 / year
190.80 × 16 years = 3052.80
3052.80 + 1800=
4852.80
Part II: Write Your Own Credit Applicant Profiles
Write three fictional profiles:
1. Someone who would benefit from opening a credit card account.
2. Someone who should not open a credit card account.
3. Someone who could go either way on whether opening a credit card account is a good idea right now or not.
Write the profiles in a random order because a partner will determine (in Part 111 "Test a Classmate") which profile fits which scenario and write their explanation in the Partner Response box later.
hey there! can someone please help me write three stories for these scenarios? thank you so much! :)
Answers
Profile 1: A person who would gain from opening a credit card account.
Name: Emily ThompsonAge: 25Occupation: Recent college graduate, entry-level jobProfile 2: Person who should not open a credit card account.
Name: John AndersonAge: 45Occupation: Self-employed freelancerProfile 3: A person who could go either way on if opening a credit card account is a good idea right now or not.
Name: Sarah JohnsonAge: 30Occupation: Mid-level professionalWhat is the Credit Applicant ProfilesProfile 1: Financial Situation: No credit history due to recent employment. Managing expenses well and building credit score is her goal. She'll use a credit card responsibly to build credit. Emily is financially stable and dependable with payments.
Profile 2: Financial Situation: Past financial struggles. He has a history of financial problems. Don't open a credit card account now to avoid overspending. John should prioritize improving his financial habits, reducing debt, and establishing a stable foundation before getting a credit card.
Profile 3: Financial Situation: Stable job with consistent income. She has credit cards but struggles with balances. She needs to evaluate her spending habits and develop better financial discipline while acknowledging the benefits of a credit card. If Sarah can plan to pay off debt and control credit card use, opening an account is an option.
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All of the related jobs you do during your life are called your
Ocareer
O lifestyle
O occupation
I leisure time
Answers
Answer:
Career.
Explanation:
Currently, there are a number of ways that people can use to define a career. Some people include working menial jobs as a career while some wouldn't include it in the category.
But for most people, Career represent the progress in someone's professional life. It recorded every pieces of opportunity, action, and achievements that we take up until this point. This record will continue to increase until we eventually decided to stop and retire.
EB11. LO 4.6A company has the following information relating to its production costs: A chart of information including: Machine hours 25,000, Direct labor cost $550,000, Indirect labor 45,000, Plant maintenance 259, 300, Plant supervision 90,000, Plant depreciation 150,000, Plant utilities 48,000, Indirect material 5,000. Compute the actual and applied overhead using the company’s predetermined overhead rate of $23.92 per machine hour. Was the overhead overapplied or underapplied, and by how much?
Answers
Answer:
Total overheads = Indirect labor + Plant maintenance + Plant supervision + Plant depreciation + Plant utilities + Indirect materials
Total overheads = 45000 + 259300 + 90000 + 150000 + 48000 + 5000
Total overheads = $597,300
Actual overhead rate = Total overheads/Machine Hours
Actual overhead rate = 597300 / 25000
Actual overhead rate = $23.892
While Applied overhead rate = $23.92
Conclusion: The actual overhead rate is less than applied or absorbed rate, therefore there is overhead over applied and it is by $0.028
Sandra Han owns a real estate marketing firm. She pays her employees a salary that is slightly under the industry standard. Consequently, employees often work for her to get experience but then leave to earn more money. What can Sandra do to retain employees besides raising salaries?
Answers
Few strategies are: 1. Offer benefits: In addition to salaries, offer benefits such as health insurance, retirement plans, paid time off, and flexible work arrangements. These benefits can make a big difference.
What impacts a positive work culture imparts on employees?2. Create a positive work culture: A positive work culture can make employees feel valued and motivated to stay with the company. Encourage teamwork, recognize employees for their achievements, and foster a work environment that promotes open communication.
3. Provide opportunities for growth: Offer opportunities for employees to learn new skills, take on new challenges, and advance in their careers. Provide training, mentoring, and professional development opportunities.
4. Foster work-life balance: Encourage employees to take time off when needed and promote work-life balance. Offer flexible work arrangements such as remote work, part-time work, or job-sharing.
5. Conduct stay interviews: Conduct regular stay interviews with employees to understand their needs and concerns. Ask questions about what they enjoy about working for the company and what could be improved.
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You, a Captain, are a section chief in Military Personnel and 2d Lt Smith’s supervisor. Lt Smith is a Force Support Officer. She has been on active duty for a year and in her present job for 10 months. She supervises 21 enlisted personnel who perform a variety of administrative tasks in support of a tactical fighter wing. She majored in business administration in college, served 3 years as an administrative specialist, and was an E-4 before being accepted for OTS. As an enlisted member, she graduated from technical school as an honor graduate and was cited on numerous occasions for outstanding performance. Her supervisors considered her a valuable asset to the unit and an expert in her area of responsibility. She’s very enthusiastic about her work and plans to make the Air Force a career.
Lieutenant Smith took over her job 2 months after the unit had received a rating of “marginal” by the numbered Air Force Inspector General’s evaluation team. At the end of her first week on the job, Lt Smith called her NCOIC and key supervisors together and told them that she wouldn’t tolerate marginal performance, that she had previous experience in this type of work, and would be looking at the quality of their work very closely. Since that time, Lt Smith has attempted to supervise every phase of work in her office and, at times, has involved herself in even the most routine decisions. Lt Smith assigns people to certain jobs within the office, plans the work schedule, leave schedule, and does most of the counseling in the office.
In the last 6 months, Lt Smith has ordered several people to work overtime to complete routine work ahead of schedule. Each time this has happened, the NCOIC has asked the lieutenant for permission to speak to her immediate supervisor. On each occasion, the lieutenant has told the senior master sergeant he must not take these internal problems to you, because she’ll take care of any problems in her section--and the NCOIC should remember who writes his EPR.
Most of the time, when Lt Smith approaches the work or break area where the workers are congregated, she notices all conversation stops and the personnel won’t talk to her unless she addresses them first. After reviewing a report yesterday, Lt Smith became very impatient. She bypassed his NCOIC and took the report directly to the Airman who had typed it. While Lt Smith was berating the Airman about the typing errors, the NCOIC walked into the office and asked the Airman what the problem was. The lieutenant became flustered, told the NCOIC she was tired of doing his job for him, and shoved the report into his hands. Lt Smith then went into her office and slammed the door.
The NCOIC relayed this situation to you and asked for your help. How will you help? BACKGROUND
*ENVIRONMENT: Airforce Base
*PEOPLE INVOLVE: The Captain, Lt Smith, Airman and NCOIC.
PROBLEM DEFINATION
*Lt Smith Unprofessional Behavior
DIAGNOSIS
*Marginal Performance
*Previous Experience
*Enthusiastic With her Job
*Academic Credibility
Answers
The lieutenant Smith has taken leave, and everything is running smoothly. People are, however, more attentive when she is present. Decisions are being delayed, and morale was low. The and other important supervisors are worried which some people may decide to due to her supervision, leave the service style.
Several issues must be addressed as a result of this case study. Lieutenant Smith's micromanagement technique is causing morale issues and may lead to retention issues, which is one of the main concerns. It's also troubling that she's requesting people to work extra hours without proper authorization or regard for the impact on their personal lives.
As her boss, you ought to tackle these concerns with Lt Smith and advise her on proper supervisory techniques. You could advise her to delegate more responsibilities to her NCOIC and other key supervisors, and to concentrate in strategic planning and decision-making instead of micromanaging every detail. We should also emphasise the significance of adhering to proper procedures for authorising overtime and taking into account the impact on personnel.
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Park Co. is considering an investment that requires immediate payment of $21,530 and provides expected cash inflows of $6,500 annually for four years. Assume Park Co. requires a 7% return on its investments.
What is the internal rate of return?
Answers
Answer:
8.00%
Explanation:
The internal rate of return is the rate of return on the investment which gives a zero net present value.
IRR can be computed using excel IRR function as shown below:
=IRR(values)
values are the cash flows arranged from the earliest( year zero ) to the latest (year 4) as contained in the attached.
IRR=8.00%
The IRR is proven thus:
NPV=-$21,530+$6500/(1+8%)^1+$6500/(1+8%)^2+$6500/(1+8%)^3+$6500/(1+8%)^4=-$1.18(which is very close to zero)
What is the predetermined percentage that a music artist gets paid from mechandise sales
Answers
There is no predetermined percentage that music artist gets paid from merchandise sales as it can vary widely based on the terms of their contract with their record label or the merchandising company.
What is a merchandise?Merchandise refers to any products or goods that are offered for sale or distribution to consumers. It can include physical products such as clothing, electronics, toys, and home goods, as well as digital products such as software, e-books, and music. Merchandise can be sold in various retail settings, including online marketplaces, brick-and-mortar stores, and pop-up shops. Merchandise is an important aspect of business, as it generates revenue and helps to establish brand recognition and loyalty. Many companies invest significant resources in developing and marketing their merchandise, using strategies such as product design, pricing, and promotion to appeal to their target audience. Effective merchandise management involves forecasting demand, managing inventory, and monitoring sales performance to ensure profitability and customer satisfaction.
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constraints are characteristics of the organization and external environment limiting what a manager can do.
Answers
The statement is True. It is true that constraints are characteristics of the organization and external environment limiting what a manager can do.
Constraints are factors that limit a leader's ability to make decisions and act. Restrictions can be internal or external to the company. Internal constraints are those that originate within the organization, such as budget constraints, limited human resources, and organizational rules.
External constraints are those that come from outside the organization, such as laws, regulations, customer requirements, or competitors. In either case, these limitations affect decisions and the actions that the manager can take that should be considered when making the decision.
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as Vincent gets older, he tends to look for high-paying jobs, watch for sales, and search for items and opportunities that invite happiness and fulfillment. What does Vincent's behavior demonstrate?
Answers
Vincent's behavior demonstrates rational self-interest.
What does Vincent's behavior demonstrate?Vincent's behavior of seeking high-paying jobs, looking for sales, and searching for opportunities that bring happiness and fulfillment aligns with the concept of rational self-interest. Rational self-interest refers to individuals making choices and pursuing actions that they believe will maximize their own well-being or self-interest.
In this case, Vincent is actively seeking opportunities that offer financial benefits (high-paying jobs, sales) and personal satisfaction (happiness and fulfillment). His actions are driven by the desire to improve his own economic and personal circumstances which is indicative of rational self-interest.
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The following information is available for Something Strange Corporation (assuming all transactions affected cash): Sale of land $100,000 Sale of equipment 50,000 Issuance of common stock 70,000 Purchase of equipment 30,000 Payment of cash dividends 60,000 Net cash provided by investing activities is a. $130,000. b. $120,000. c. $190,000. d. $150,000.
Answers
Answer:
$130,000
because: $100,000 + $60,000 - $30,000 = $130,000
Explanation:
One common advantage of a long-term investment is
higher return.
no risk.
higher liquidity.
no liquidity.
Answers
One common advantage of a long-term investment is higher return. Thus, option (a) is correct.
Investing over the is likely to result in significant wealth generation in the long run. Long-term investors also pay far less in tax than short-term traders.
Long-term investments do not require any modifications owing to short-term market swings. Long-term investing requires less time because investors do not need to monitor markets for modest swings on a regular basis.
As a result, the significance of the long-term investment are the aforementioned. Therefore, option (a) is correct.
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Smallville is a small nation. Its population total is 600, and it has 200 wage earners who earn an average of $75 per year. Each wage earner spends a total of $60 per year buying goods and services of which $7.00 goes to buying imported goods. The nation exports a total of $1300 worth of goods. The Government tax rate is 8% and all government money is spend on libraries. There is only one industry (fishing) and it employs every wage earner. The industry spends $900 each year on new fishing equipment. What is the GDP?
C=
I=
G=
X=
M=
GDP=
Answers
Answer: $22,100
Explanation:
Consumption
This is the amount spent by people on goods and services:
= 200 people * 60
= $12,000
Investment:
Total spent on new equipment: $900
Government spending:
This is derived from the taxes imposed on the country:
= 8% * 75 per worker * 200 workers
= $1,200
Exports = $1,300
Imports:
= 7 * 200 workers
= $1,400
GDP = Consumption + Investment + Government spending + Exports - Imports
= 12,000 + 900 + 1,200 + 1,300 - 1,400
= $22,100
The first step in starting your own business is:
Answers
Answer:
go to an investor to find a building
Explanation:
True or false many small businesses fail every year
Answers
Answer:false
Explanation:
Kwan has $10,000 in interest expense; an expired $5,000 insurance policy; $20,000 in depreciation; and he paid himself a dividend. What is the only item with no entry in assets on his balance sheet
Answers
The only item that does not have an entry in the assets on Kwan's balance sheet is Interest Expense of $10,000.
Data Analysis:
Interest Expense $10,000 Income Statement $10,000
Insurance Expense $5,000 Prepaid Insurance $5,000
Depreciation Expense $20,000 Accumulated Depreciation $20,000
Dividend Payable $ Cash $
Thus, except interest expense, the other items have entries in assets on Kwan's balance sheet.
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1. Describe an example from your past where you have been effective in inspiring other
leaders around a common purpose and shared values.
2. How effective are you today at empowering other people to step up and lead? How do
you go about doing this? What are you doing to improve your effectiveness?
3. Recall a situation in which you faced a conflict between empowering other people and
reaching your performance goals.
a. How did you resolve the conflict?
b. Did you give preference to reaching your goals or to your relationship?
c. Would you act differently in the future when facing a conflict between
relationships and performance?
Answers
Answer:
One effective way to inspire other leaders around a common purpose and shared values is to lead by example. I demonstrate a commitment to the values and purpose that are important to the team. Furthermore, I consistently take actions that align with those values and purpose. These steps can inspire others to do the same. Additionally, I create opportunities for open and honest communication, collaboration, and shared decision-making. These measures can help build trust and empower other leaders to promote the team's success.Empowering others to step up and lead can involve creating opportunities for skill-building and growth, providing guidance and support, and giving people the autonomy to make decisions and own their work. To improve effectiveness, I seek feedback from others. I also informed about best practices and emerging trends in leadership. Lastly, I continuously work on developing communication, coaching, and mentoring skills.Get instant answers, essays, and research papers through proffrank01 at g m ail.con. This helps you score maximum points without straining too much.
3. When facing a conflict between empowering other people and reaching performance goals, I considered the long-term impact of each decision. I prioritized relationships and empowered others to better outcomes in the long run. This required a short-term sacrifice to reach immediate performance goals. I communicated openly and honestly with the team about the situation and worked collaboratively to find a solution that aligns with both performance goals and relationship-building. In the future, I could reflect on the situation and consider how to approach similar conflicts in a more proactive manner.
Explanation:
Troy Juth wants to purchase new dive equipment for Underwater Connection, his retail store in Colorado Springs. He was offered a $63,000 loan at 8.5% for 24 months. What is his monthly payment by table lookup? (Use Table 14.2)
Note: Round your answer to the nearest cent.
Answers
If he was offered a $63,000 loan at 8.5% for 24 months. His monthly payment by table lookup is : $3071.
What is monthly payment?Monthly payment can be defined as the amount a person received on a monthly basis.
First step is to convert the month to year
Month to year = 24 / 12
Month to year = 2 years
Second step is to find the interest using this formula
I = P × R×T
Where:
I = Interest
P = Principal
R = rate
T = time
Hence
I = 63,000 × 2 × 8.5%
I = 10,710
So,
P+ I = 63,000 + 10,710
P+I = 73,710
Now let find the monthly payment:
Monthly payment = 73,710 / 24 months
Monthly payment = $3,071.25.
Monthly payment = $3,071 (Approximately)
Therefore the monthly payment is the amount of $3071
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A business must decide whether to open a new office in China. If it opens the
branch, it will increase its chances of selling a high volume of its products in
China. On the other hand, the business will have to spend a lot of money to
make the branch operational.
What would be an opportunity cost for the business if it chooses not to open
the new branch in China?
A. The business would have to open a new branch in a different
country
B. The business would increase its marginal benefits on each
product it makes
C. The business would be able to use the money it saves on other
projects.
D. The business would lose the chance to make more money in
China.
Answers
What effect do challenging team goals have on social loafing?
A) Challenging team goals causes incidences of social loafing to waver.
B) Challenging team goals have no effect on the incidence of social loafing.
C) Challenging team goals greatly increase the incidence of social loafing.
D) Challenging team goals greatly reduce the incidence of social loafing.
Answers
The impact the difficult group objectives have in friendly loafing is Testing group objectives significantly diminish the frequency of social loafing.
In this manner, choice (D) is precise.
Testing group objectives have been displayed to emphatically affect diminishing social loafing. Social loafing alludes to the propensity of people to apply less exertion while working in a gathering contrasted with while working separately.
At the point when colleagues are confronted with testing objectives, it makes a feeling of direction and inspiration inside the group. People are bound to feel responsible for their commitments and are less disposed to participate in friendly loafing conduct.
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A person who wants to make sure that his or her family will have money if that person dies unexpectedly would most likely purchase____insurance.
A. liability
B. title
C. disability
D. Life
Answers
Answer:D
Explanation:
The type of insurance that a person would most likely purchase to ensure that their family will have money if they die unexpectedly is life insurance.
Life insurance is designed to provide financial support to the family or beneficiaries of the insured person in the event of the policyholder's death. It can help to cover expenses such as funeral costs, outstanding debts, mortgage payments, and other financial obligations.
Liability insurance is coverage that protects the policyholder from financial losses that may arise from legal liabilities, such as damages or injuries caused by the policyholder to others.
Title insurance is a type of insurance that protects the policyholder from financial losses resulting from defects in the title to a property.
Disability insurance provides coverage for loss of income due to a disability that prevents the policyholder from working.
Therefore, option D. Life insurance is the correct answer to the question.
Life insurance is a type of insurance that pays out a sum of money to the designated beneficiaries upon the death of the policyholder. It is designed to provide financial support to the policyholder's family or other dependents in the event of their unexpected death. Liability insurance covers a person's legal responsibility for injuries or damages caused to other people or property. Title insurance protects against losses that may arise from disputes over the ownership of property. Disability insurance provides income replacement if a person becomes disabled and is unable to work.
Discuss the check-in and check-out procedures of a hotel.
Answers
The check in procedure on a hotel include:
Welcome the guest with a sincere smile.Ask for the person's nameAsk for he kind of room that the guest will like.Check for any scanty baggage and call the room attendant to help with the luggage.After payment, give the guest the key.The check out process include:
Greet guest with a pleasant smile.Address guest by his last name.Ask the guest about his stay.Collect the room key.How to illustrate the information?It should be noted that it's important to be nice to guest when they come to a hotel.
Check-in: When a visitor arrives at the hotel with the appropriate identification, the check-in process begins. They need to have a legitimate ID. Look into: After handing the hotel receptionist your keys, checking out is the next step.
During the checkout, be nice and helpful to them and tell them that you'll like them to come visiting again.
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lori nichols started an engineering firm, engineering enterprises p.c. during its first month of operations, the following transactions were completed:
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Engineering Enterprises P.C. is an engineering company founded by Lori Nichols. The following deals were made in the first month of business: Cash equals: at the end of the month $55,000.
Having earned a degree in finance from Brigham Young University, Lori Nichols is employed as a finance consultant and resides in Stevenson Ranch, California. They formerly worked at Break and Pacific Title/Mirage. When Lori Nichols won her school's Humane Society poster contest in the second grade, she started drawing. The judges were astounded by her performance, and she went on to win first place. She was fascinated by acorns, frogs, and big sisters as a child growing up in Western Pennsylvania, and she now writes books about them all. She is the author and illustrator of the distinguished children's book Maple, published by Penguin under the Nancy Paulsen Books banner. The books that go with it are Maple & Willow Together and Maple & Willow Apart (Fall 2015).
Investment $35,000\(-\) Salaries Paid $4000 \(+\) Customer Collection $11,000 \(+\) Cash from Loan $13,000 \(=\) $55,000
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Lori Nichols started an engineering firm, Engineering Enterprises P.C. During its first month of operations, the following transactions were completed:
I. Lori invested $35,000 in the business, which in turn issued common stock to her.
II. The business purchased equipment on account for $10,000.
III. The business provided engineering services on account, $13,000.
IV. The business paid salaries to the receptionist, $4000.
V. The business received cash from a customer as payment on account $11,000.
VI. The business borrowed $13,000 from the bank, issuing a note payable.
At the end of the month, cash equals:
$86,000.
$55,000.
$44,000.
$35,000.
1. Billy’s Hamburger Barn has a single drive-up window.
Currently, there is one attendant at the window who takes
the order (30–40 seconds), gathers up the food and bags
it (30–120 seconds), and then takes the customer’s money
(30–40 seconds) before handing the food to the customer.
a. (**) Map the current process. What is the minimum
cycle time? The longest cycle time?
b. (***) Suppose Billy’s Hamburger Barn redesigns the
process described in problem 11 so there are now two
attendants. The first attendant takes the order. Once
this step is finished, the first attendant then takes the
money, and the second one gathers up and bags the
food. If two of the process steps can now run in parallel (gathering the food and taking the money), what
is the new minimum cycle time? What is the longest
cycle time? What potential problems could arise by
splitting the process across two individuals?
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Billy’s Hamburger Barn has a single drive-up window. Currently, there is one attendant at the window who takes
1 minute 40 seconds is the bare minimum cycle time.
2 minutes and 35 seconds is the longest cycle time.
1 minute and 15 seconds is the new minimum cycle.
2 minutes is the new longest cycle time.
The potential issue with separating the procedure is that once the consumer has finished paying, they will likely have to wait for the second attendant to finish packaging for between 30 and 55 seconds, which will result in a backlog.
Making sure that collecting payment and packaging take equal amounts of time could address the issue.
Cycle time minimum: 20 + 55 + 25 = 100
= 1 minute and 40 seconds
The longest cycle time was 2 minutes and 35 seconds, or 30 minutes, 90 minutes, 35 minutes, and 155 minutes.
The new minimum cycle time is 20+55=75 seconds, or one minute and 15 seconds.
In the first 35 seconds of the preceding 55 seconds, money from customers was also taken.
The new longest cycle time is 30 + 90 + 120 = 2 minutes.
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WHich of the following is not a type of skill needed by effective leaders?
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Answer:
WHich of the following is not a type of skill needed by effective leaders?
Answer. power hankering skil
Spud, Inc. a manufacturer of gourmet potato chips, employs activity-based costing. The budgeted data for each of the activity cost pools is provided below for the year 2020. Activity Cost Pools Estimated Overhead Estimated Use of Cost Drivers per Activity Ordering and receiving $91,476 12,600 orders Food processing 535,680 64,000 machine hours Packaging 1,514,040 444,000 labor hours For 2020, the company had 11,400 orders and used 50,900 machine hours, and labor hours totaled 510,000. Calculate the overhead rates for each activity. (Round answers to 2 decimal places, e.g. 12.25.) Overhead Rates Ordering and receiving $ per order Food processing $ per machine hour Packaging $ per labor hour eTextbook and Media What is the total overhead applied
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Answer:
Results are below.
Explanation:
To calculate the overhead activity rate, we need to use the following formula:
Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base
Ordering and receiving= 91,476/12,600= $7.26 per order
Food processing= 535,680/64,000= $8.37per machine hour
Packaging= 1,514,040/444,000= $3.41 per labor hour
Now, we can apply overhead:
Ordering and receiving= 7.26*11,400= $82,764
Food processing= 8.37*50,900= $426,033
Packaging= 3.41*510,000= $1,739,100