When a firm uses the LIFO inventory cost flow assumption: ____________
a) ending inventory will be greater than if FIFO were used.
b) cost of goods sold will be the same as if FIFO were used.
c) net income will be greater than if FIFO were used.
d) better matching of revenue and expense is achieved than under FIFO.

Answers

Answer 1

Answer:

Answer is D. better matching of revenue and expense is achieved than under FIFO.

Explanation:

The inventory cost flow assumption describes the flow of product cost: from the inventory and to cost of goods sold. When a firm uses the LIFO inventory cost flow assumption: better matching of revenue and expense is achieved than under FIFO.


Related Questions

A company is concerned about the number of customers that have to wait for service in their customer service department. Assume the rate at which customers arrive is 12 per hour. Using the infinite queuing notion for the models presented in the textbook, which of the following is the mean time between arrivals?
A) 12 minutes
B) 6 minutes
C) 2 Minutes
D) 1 Minute
E) None of these

Answers

Answer:

E) None of these

Explanation:

Calculation to determine which of the following is the mean time between arrivals

Using this formula

Mean time between arrivals = 1/Arrival rate

Let plug in the formula

Mean time between arrivals= 1/12

Mean time between arrivals= 0.0833 hours or 5 minutes

Therefore the Mean time between arrivals will be 0.0833 hours or 5 minutes

The beta coefficient A stock's contribution to the market risk of a well-diversified portfolio is called risk. According to the Capital Asset Pricing Model (CAPM), this risk can be measured by a metric called the beta coefficient, which calculates the degree to which a stock moves with the movements in the market. Based on your understanding of the beta coefficient, indicate whether each statement in the following table is true or false: Statement True False A stock that is more volatile than the market will have a beta of less than 1.0. Over time, a stock with a beta of 1.0 produces a return that goes up and down with a 1:1 relationship with the return on the market Beta measures the volatility in stock movements relative to the market. There are different ways of calculating the beta coefficient for a stock. Using the information given in the following table, calculate the beta coefficient of Stocki: Data 35.00% 32.00% Stock I's standard deviation Market's standard deviation Correlation between Stock i and the market Beta coefficient of Stock i: 0.65 To calculate the beta of another company, using regression analysis, you get the value of Ra as 0.27. Based on your calculation, which of the following interpretations is true? The percentage of variance in the company's stock explained by the market is lower than that of a typical stock. The percentage of variance in the company's stock explained by the market is higher than that of a typical stock.

Answers

Solution :

1. The relevant risk is considered as the "unknown unknowns" which may occur due to the risk in everyday life. In all risky investments, it is unavoidable. The contribution of the stock to the market risk in a well diversified portfolio is called as the relevant risk. Diversification is the main strategy for minimizing the relevant risk.

2.

Statement : A stock that is more volatile than the market will have a beta of less than 1.0.

---- False, as it will be more volatile with that of the market.

Statement : Over time, a stock with a beta of 1.0 produces a return that goes up and down with a 1:1 relationship with the return on the market

---- True as beta of the market is 1 and therefore, the stock beta is also 1.

Statement : Beta measures the volatility in stock movements relative to the market.

--- True. The beta measures all the volatility in the stock moments relative to the market.

3. We know that :

[tex]$\text{Beta= Correlation coefficient} \times \frac{\text{SD of stock}}{\text{SD of market}} $[/tex]

        [tex]$=0.65 \times \frac{35}{32}$[/tex]

        = 0.71

4.  The percentage of the variance in the stock of the company that is explained by the market is lower than that of the typical stock.

If elasticity of demand is 0.6, elasticity of supply is 0.6, and a 20% excise tax is levied on the good:________a. The fraction of the tax borne by consumers will be 0.5. b. The fraction of the tax borne by suppliers will be 0.6 c. The fraction of the tax borne by consumers will be 0.6. d. The fraction of the tax borne by suppliers will be 0.3.

Answers

Answer:

The correct option a. The fraction of the tax borne by consumers will be 0.5.

Explanation:

The tax burden is determined by the supply and demand price elasticity. Consumers bear the burden of the tax more than the suppliers when supply is more elastic than demand. When demand is more elastic than supply, the tax burden falls more on suppliers than consumers. When demand elasticity and supply elasticity are identical, the tax burden is shared equally by consumers and suppliers.

From the question, we have:

Elasticity of demand = Elasticity of supply = 0.6

Since demand elasticity and supply elasticity are identical, the burden of 20% excise tax is shared equally by consumers and suppliers. That 50% by 50%, or 0.5 by 0.5.

Therefore, the correct option a. The fraction of the tax borne by consumers will be 0.5.

Trader M places a System Order to buy 100 shares of ABC stock at a price two cents below the best non-Nasdaq participant on the same side of the market. This is what type of order

Answers

Answer:

Limit order

Explanation:

There are various types of orders placed on nasdaq. These order include, market orders, limit order, All or none order, Immediate or cancel order and like wise. When a buyer places an order to buy the stock below current market price, this is type of limit order.

When you show property: Ask questions that will sell the home’s specific features. Never show more than 4 homes in one day. Never cancel a scheduled appointment. Be sure to show the prospects at least one home beyond their means to peak their interest.

Answers

Answer:

Ask questions that will sell the home's specific features.

Explanation:

Professionals do not state obvious facts about the property they are showing to buyers. Instead, show property by asking questions about features that will interest the buyer.  Leave opinions behind.  Personal opinions are not meant for the home buyer.  Couch questions so that they will get positive responses and help the buyer to make comparisons. For example, this room with its overview of the greenfield will interest the children, isn't it?

Sparky Corporation uses the weighted-average method of process costing. The following information is available for February in its Molding Department:

Units: Beginning Inventory: 25,000 units, 100% complete as to materials and 55% complete as to conversion.
Units started and completed: 110,000.
Units completed and transferred out: 135,000.
Ending Inventory: 30,000 units, 100% complete as to materials and 30% complete as to conversion.

Costs:
Costs in beginning Work in Process - Direct Materials: $43,000.
Costs in beginning Work in Process - Conversion: $48,850.
Costs incurred in February - Direct Materials: $287,000.
Costs incurred in February - Conversion: $599,150.

Required:
Calculate the equivalent units of conversion.

a. 110,000
b. 140,000
c. 144,000
d. 130,250
e. 165,000

Answers

Solution :

UNITS TO ACCOUNT FOR :

[tex]\text{Beginning Work}[/tex] in Process units            $ [tex]25,000[/tex]

[tex]\text{Add: Units Started}[/tex] in Process                  $ [tex]14,000[/tex]

Total Units to account for                         $ [tex]165,000[/tex]

UNITS TO BE ACCOUNTED FOR:

[tex]\text{Units completed}[/tex] and transferred out       $ [tex]135,000[/tex]

[tex]\text{Ending Work}[/tex] in Process                             $ [tex]30,000[/tex]

[tex]\text{Total Units}[/tex] to be accounted for                 $ [tex]165,000[/tex]

[tex]\text{Equivalent units}[/tex]

                                       Material cost                        Conversion

                               % of completion  Units        % of completion      Units

   

[tex]\text{Units started}[/tex]                  [tex]100\%[/tex]        $[tex]135,000[/tex]              [tex]100\%[/tex]        $[tex]135,000[/tex]        

and completed.

[tex]\text{Ending Work}[/tex] in Process [tex]100\%[/tex]         [tex]30,000[/tex]               [tex]30\%[/tex]          [tex]9000[/tex]

[tex]\text{Total equivalent units}[/tex]                     [tex]165,000[/tex]                               [tex]144,00[/tex]

Therefore, the equivalent units of conversion is [tex]144,000 \text{ units}.[/tex]              

Fraser Company will need a new warehouse in five years. The warehouse will cost $500,000 to build. Click here to view Exhibit 12B-1 and Exhibit 12B-2, to determine the appropriate discount factor(s) using tables. Required: What lump-sum amount should the company invest now to have the $500,000 available at the end of the five-year period? Assume that the company can invest money at: (

Answers

Answer:

Results are below.

Explanation:

Giving the following information:

Future value (FV)= $500,000

Number of periods= 5 years

We were not provided with an interest rate, I will assume an interest rate of 7% compounded annually.

To calculate the initial investment, we need to use the following formula:

PV= FV / (1 + i)^n

PV= 500,000 / (1.07^5)

PV= $356,493.1

How much would you have had to invest now in an account paying 8% / year to to have $20,000 in 21 years

Answers

Answer:

PV= $3,978.115

Explanation:

Giving the following information:

Interest rate (i)= 8% = 0.08

Future value (FV)= $20,000

Number of periods (n)= 21 years

To calculate the lump-sum to be invested today, we need to use the following formula:

PV= FV / (1 + i)^n

PV= 20,000 / (1.08^21)

PV= $3,978.115

A long-term investment classified as equity securities with controlling influence implies that the investor can exert a controlling influence over the investee. An investor who owns more than ____% of a company's voting stock has control over the investee.

Answers

Answer: 50%

Explanation:

The Equity Securities with controlling influence refers to the long-term investment whereby the investor exert controlling influence over the investee. In such case, the investors own 50% or more of the voting stock.

On the other hand, the Equity securities with significant influence refers to the long-term investment whereby the investor exerts significant influence over the investee. In such case, the investors own 20% or more of the voting stocks but should be less than 50%.

The CEO of Kwikee Shoppe, a chain of convenience stores, believes that some of his managers aren’t making decisions as effectively as they could. He has hired you as a consultant to analyze the types of bias that could be causing poor decisions. If you can identify the biases that may cloud their judgment, then they can be made aware of these tendencies so they can improve their performance. You gather data about Kwikee Shoppe managers’ most recent decisions.
Stella is in charge of the western region, and she has a strong track record of opening new stores that perform well and closing stores that could not contribute satisfactorily to the bottom line. Lately, however, many of her new stores have had below average performance, and she has closed some stores that probably could have been turned around by putting a different store manager in charge, advertising more, or offering more specials on popular products. Nonetheless, Stella knows that she is great at her job. Which of the following would not be a way for Stella overcome this bias?
A. Consult with other regional managers for their opinion before closing stores.
B. Before closing a store, replace the manager with one from a successful store and revisit the decision in 90 days.
C. Create a checklist of items to ask before closing stores, providing weights to each item based on their importance.
D. Focus on the stores that she closed that would not have improved with a different manager in place, additional advertising, or sales.

Answers

Answer:

Kwikee Shoppe

The way that Stella would overcome this bias is:

D. Focus on the stores that she closed that would not have improved with a different manager in place, additional advertising, or sales.

Explanation:

The other listed actions would enable Stella to overcome her personal bias, which may be clouding her sense of judgment.  The focus on the stores that she had closed would only puff her ego instead of reducing bias.  To focus on the past when Stella is proud of her achievements cannot allow her to objectively review the situation in order to improve on her decisions and performance.

Cost of occupancy, general management and salesforce management are considered ______________.
a) full costs
b) indirect costs
c) contribution accounting
d) All of the above
e) None of the above

Answers

Answer:

B) indirect costs

Explanation:

Indirect costs can be regarded as costs incurred whereby this cost are not directly assigned to a cost object specifically. Indirect costs can comes as a fixed cost, it can also come as variable cost. Some of Indirect costs are; personnel as well as

administration and security costs. They are costs that are not regarded as been directly related to production.

It should be noted that Cost of occupancy, general management and salesforce management are considered indirect costs.

What is the weighted average cost of capital if a business has a cost of equity of 11%, a yield on debt of 6%, a tax rate of 30%, 100 million market value of debt, and 250 million market value of equity

Answers

Answer:

9.028 %

Explanation:

weighted average cost of capital = cost of equity x weight of equity + cost of debt x weight of debt

where,

cost of equity = 11 %

cost of debt (consider after tax) = 6% x (1 - 0.30) = 4.20 %

weight of equity = 250 million ÷ 350 million = 0.71

weight of debt = 100 million ÷ 350 million = 0.29

therefore,

weighted average cost of capital = 11 % x 0.71 + 4.20 % x 0.29

                                                       = 9.028 %

7. During January 2005, an Italian invested in the Italian stock market and earned a return of 1.47%. During the same month, an American investor investing in the Italian stock market earned a return of –2.358%.

Answers

Answer:

Escreva a expressão algébrica correspondente a cada sentença abaixo descrita.

a) O quadrado de um número real x.

b) O cubo de um número real y.

c) O triplo de um número adicionado ao dobro de um número k.

d) A terça parte de um número real diminuído 7.

Explanation:

Escreva a expressão algébrica correspondente a cada sentença abaixo descrita.

a) O quadrado de um número real x.

b) O cubo de um número real y.

c) O triplo de um número adicionado ao dobro de um número k.

d) A terça parte de um número real diminuído 7.

Venus Inc., a producer of high-end computer software, provides merchandising aids to its distributors in the form of interactive videos on the application of the software. It offers distribution allowances to resellers for putting up special counter displays of its exclusive range of products. It aims to accelerate the sales of its newly launched product through these measures. In this scenario, Venus Inc. is employing a ________.

Answers

Answer: push marketing strategy

Explanation:

A Push Marketing Strategy can sometimes be referred to as the push promotional strategy, and this occurs when businesses take their products to the customers.

In this strategy, different marketing techniques are used by the company to push their products to the consumers. This can be seen in the question given as Venus Inc. is utilizing different methods in order to accelerate the sale of its new product.

What is the effective annual interest rate of an investment that pays 14.75% per year with a compound frequency n= 2? (Answer percentage rounded to second decimal place).

Answers

Answer:

15.29%

Explanation:

r = Interest rate = 14.75%

m = Number of times compounding in a year = 2

Effective Annual Rate = (1 + r/m)^m - 1

Effective Annual Rate = (1 + 0.1475/2)^2 - 1

Effective Annual Rate = 1.07375^2 - 1

Effective Annual Rate = 1.1529390625 - 1

Effective Annual Rate = 0.1529391

Effective Annual Rate = 15.29%

So, the effective annual interest rate of the investment is 15.29%

Seeing his son graduate from college is most likely a short-term goal for a
person of which of these ages?
A. 8 years old
B. 58 years old
C. 28 years old
D. 18 years old

Answers

The answer is c 28 years old

Reuben Corporation holds assets with a fair value of $150,000 and a book value of $125,000 and liabilities with a book value and fair value of $50,000. What balance will be assigned to the noncontrolling interest in the consolidated balance sheet if Holmes Company pays $90,000 to acquire 75 percent ownership in Reuben and goodwill of $20,000 is reported

Answers

Answer:

$30,000

Explanation:

Fair value of equity = Fair value of Assets - Fair value of liabilities

Fair value of equity = $150,000 - $50,000

Fair value of equity = $100,000

Holmes Company pays $75,000 to acquire 75% of Equity

Holmes Company pays $15,000 for 75% of goodwill

Non controlling interest = 25% of Equity + 25% of Goodwill

Non controlling interest = 0.25*($100,000) + 0.25*($20000)

Non controlling interest = $25,000 + $5,000

Non controlling interest = $30,000

Suppose Jacques and Kyoko are playing a game in which both must simultaneously choose the action Left or Right. The payoff matrix that follows shows the payoff each person will earn as a function of both of their choices. For example, the lower-right cell shows that if Jacques chooses Right and Kyoko chooses Right, Jacques will receive a payoff of 5 and Kyoko will receive a payoff of 3.

Kyoko
Left Right
Jacques Left 4, 4 6, 3
Right 5, 4 5, 3

The only dominant strategy in this game is for ___________ to choose ______________. The outcome reflecting the unique Nash equilibrium in this game is as follows: Jacques chooses _______________ and Kyoko chooses ______________.

Answers

Answer:

The only dominant strategy in this game is for Kyoko to choose Left. The outcome reflecting the unique Nash equilibrium in this game is as follows: Jacques chooses Right and Kyoko chooses Left.

Explanation:

A dominant strategy is strategy that makes a player better off regardless of the strategy of his opponents in a game.

From the payoff matrix, it can be observed that, when Jacques plays Left, Kyoko will also play Left because 4 > 3. But, when Jacques plays Right, Kyoko will still play Left because 4 > 3. This indicated that Kyoko will always play Left no matter what Jacques plays. As a result, the dominant strategy for Kyoko is Left.

On the other hand, when Kyoko plays Left, Jacques will play Right because 5 > 4. But when Kyoko plays Right, Jacques will play Left because 6 > 5. This shows that Jacques does not have any particular strategy that make him better off. As a result, Jacques does not have a dominant strategy.

Based on the above analysis, we have:

The only dominant strategy in this game is for Kyoko to choose Left. The outcome reflecting the unique Nash equilibrium in this game is as follows: Jacques chooses Right and Kyoko chooses Left.

A piece of labor-saving equipment has just come onto the market that Mitsui Electronics, Ltd., could use to reduce costs in one of its plants in Japan. Relevant data relating to the equipment follow: Purchase cost of the equipment $ 448,000 Annual cost savings that will be provided by the equipment $ 80,000 Life of the equipment 10 years Required: 1a. Compute the payback period for the equipment. 1b. If the company requires a payback period of four years or less, would the equipment be purchased? 2a. Compute the simple rate of return on the equipment. Use straight-line depreciation based on the equipment’s useful life. 2b. Would the equipment be purchased if the company’s required rate of return is 13%?

Answers

Answer:

Mitsui Electronics, Ltd.

1a. Payback period = 5.6 years

1b. No.  The equipment would not be purchased if the company requires a payback period of four years or less.

2a. Simple rate of return = 17.86%

2b. Yes. The equipment would be purchased if the company's required rate of return is 13%.

Explanation:

a) Data and Calculations:

Purchase cost of the equipment = $ 448,000

Annual cost savings that will be provided by the equipment = $ 80,000

Life of the equipment = 10 years

1a. Payback period = 5.6 years ($448,000/$80,000)

1b. No.  The equipment would not be purchased if the company requires a payback period of four years or less.

Annual return = $80,000

Initial cost of the equipment = $448,000

2a. Simple rate of return = 17.86% ($80,000/$448,000 * 100)

2b. Yes. The equipment would be purchased if the company's required rate of return is 13%.

A company purchased office supplies costing $5,000 and debited Supplies for the full amount. At the end of the accounting period, a physical count of office supplies revealed $900 still on hand. The appropriate adjusting journal entry to be made at the end of the period would be: debit Supplies Expense, $4,100; credit Supplies, $4,100. debit Supplies, $4,100; credit Supplies Expense, $4,100. debit Supplies Expense, $5,900; credit Supplies, $5,900. debit Supplies, $900; credit Supplies Expense, $900.

Answers

Answer:

Debit Supplies Expense, $4,100; Credit Supplies, $4,100

Explanation:

Based on the information given The appropriate adjusting journal entry to be made at the end of the period would be:Debit Supplies Expense, $4,100; Credit Supplies, $4,100

Debit Supplies Expense $4,100

Credit Supplies $4,100

($5,000-$900)

Which of the following is true about an opportunity cost? Multiple Choice they are recorded in the accounting records of the company. is a cost that has already been incurred and can not be changed by any decision. is the potential benefit given up when one alternative is selected over another. should never be considered in decision-making.

Answers

Answer:

potential benefit given up when one alternative

Explanation:

1. Implicit cost or opportunity cost : Implicit cost is the cost of the next best option forgone when one alternative is chosen over other alternatives. It is used in calculating economic profit

for example, if you start your business and earn 100,000 but you have to leave your job where you earn 10,000. opportunity cost is 10,000

Suppose the standard deviation for the Martin Products Distribution is 4.0. If an investor is hoping for a return of at least 13%, the chances that investing in Martin Products will return at least 13%

a. are much less than in investing in U.S.
b. are the same as investing in U.S.
c. are greater than in investing in U.S.
d. cannot be determined

Answers

Answer: C. are greater than in investing in U.S.

Explanation:

Based on more information that was gotten online regarding the question, the distribution of Martin product is more than that of the US Water.

Therefore, in a case whereby an investor is hoping for a return of at least 13%, the chances that investing in Martin Products will return at least 13% will then be greater than in investing in U.S.

Suppose there is a simple one good economy that only produces spinning rims. In 2015, the economy was able to produce 1 million sets of spinning rims at an amazing price of $500 per set. In 2016, the economy was able to produce 1 million sets of spinning rims at a price of $1,000 per set. By what amount did real GDP increase between 2015 and 2016 in the simple one good economy

Answers

Answer: 0

Explanation:

Firstly, we will calculate the nominal value in 2015 which will be:

= $500 x 1 million

= $500 million

The nominal value in 2016 will be:

= $1000 x 1 million

= $1 billion

Real GDP will be the price of the base year multiplied by the quantity of the current year which will be:

= $500 million x 1 million sets

= $500 million

Therefore, the increase in real GDP is zero.

If the price per unit were doubled at the same time that the variable cost per unit was doubled, the break-even point would be:

Answers

Answer:

halved

Explanation:

Breakeven quantity are the number of  units produced and sold at which net income is zero

Breakeven quantity = fixed cost / price – variable cost per unit

Assume fixed cost is initially 1000 units, price is 10, variable cost is 5

breakeven quantity = 1000 / (10 - 5) = 200

assume price per unit were doubled at the same time that the variable cost per unit was doubled

1000 / ( 20 - 10) = 100

breakeven point is halved

what is mextura give one example​

Answers

Answer:

A mixture is a substance made by combining two or more different materials in such a way that no chemical reaction occurs. A mixture can usually be separated back into its original components. Some examples of mixtures are a tossed salad, salt water and a mixed bag of M&M's candy.

Answer:

Mextura is a hybrid font, which combines elements of sansserif and black letter types.

A project manager has just assigned a team that comes from many countries, including Brazil, Japan, the United States, and Britain. What is her BEST tool for success?

Answers

Answer: Communication and well-developed people skills

Explanation:

Since the team comprises of workers who come from different countries, the best tool is the communication and well developed people skill.

These skills are vital when interacting and communicating with others. Since they're from different countries, communication skill is required to build a relationship with them, motivate them and achieve organizational goals.

Your boss believes the company's power plant is producing too much air pollution on a typical island. Your boss gives you three choices for dealing with this problem because he/she does not want to deal with it: You can pay a pollution tax (Carbon Offsets) one time of $13,000,000 immediately. You can close the plant and install a power cable from the mainland to the Island. That will cost you $1,000,000 at the end of this year, $3,000,000 at the end of next year and then $750,000 forever for maintenance. You can retrofit the plant with scrubbers to reduce the emissions to make the plant green. That will cost $7.5m at the end of this year and $100,000 for 50-years for maintenance. Assume that the cost of generating power on the mainland is approximately the same as the cost of generating power at the Island's plant. Assume, this comes as a surprise to you and you, have not saved any money in reserves, and you need to raise capital. Additional information is that market has a 12 percent market risk premium on the power plant with the risk-free rate being 5 percent with a company tax rate of 35 percent.
Current total raised capital at the power plant: (This will help you calculate the WACC) Debt – 7,000 outstanding bonds, at 7.5% coupon and 20 years to maturity. These bonds pay interest semiannually and quoted a price of 108 percent of par. Common Stock -180,000 shares outstanding, selling for $50 per share: Beta .90. Preferred Stock – 8,000 shares of 5.5 percent preferred stock outstanding, currently selling for $95.00 per share. Please answer in essay format and provide your Excel document showing all your calculation in appendixes choose the best option for Island. Support your answer with your calculations. Also, to calculations use specified resources, other appropriate scholarly resources, including older articles.

Answers

Answer:

WACC is 10.38%.

Best option is no 3, paying $750,000 this year and then $100,000 for 5 years.

Explanation:

WACC = Common stock * cost of equity + Debt * Cost of debt + Preferred stock * rate of return.

Common stock = 180,000 shares * $50 = $9,000,000

Preferred stock = 8,000 shares * $95 per share = $760,000

Debt = 7,000 bonds * 108% = $7,560,000

Cost of equity : 12% * 0.9 + 5% = 12.5%

Cost of debt : 7.5% * 0.65 = 4.40%

Preferred stock return rate : 5.5% / 95 = 5.79%

WACC = 10.38%

PV for option 1: $13,000,000

PV for option 2: $9,298,647

PV for option 3: $7,661,247

a. If management reports truthfully, what economic events are likely to prompt the following accounting changes?
• Increase in the estimated life of depreciable assets
• Decrease in the uncollectible allowance as a percentage of gross receivables
• Recognition of revenues at the point of delivery rather than at the point cash is received
• Capitalization of a higher proportion of software R&D costs
b. What features of accounting, if any, would make it costly for dishonest managers to make the same changes without any corresponding economic changes?

Answers

Answer:

Increase in the estimated life of depreciable assets

Opinion of third parties

Explanation:

If management reports truthfully, the economic events that are likely to prompt the following accounting changes are an increase in the estimated life of depreciable assets.

The features of accounting, that would make it costly for dishonest managers to make the same changes without any corresponding economic changes is auditing.

Auditiors are the third parties which provide a clean account of the financial statement of the company, therefore if the changes in the accounting policy are consistent with economic changes, the audits will not provide a clean account of the financial statement

Curtain Co. paid dividends of $10,000, $12,500, and $14,000 during Year 1, Year 2, and Year 3, respectively. The company had 2,100 shares of 5.5%, $100 par value preferred stock outstanding that paid a cumulative dividend. What is the total amount of dividends paid to common shareholders during Year 3?
A. $4800.B. $1000.C. $2600.D. $800.

Answers

Answer:

Total amound paid to shareholder in 3rd year = $1850

Explanation:

Below is the calculation:

Total dividend paid = 1st year divident  + 2nd year divident + 3rd year dividend

Total dividend paid = $10000 + 12500 + 14000

Total dividend paid = $36500

Total preferred dividend = (2100 x 100) x 5.5% x 3

Total preferred dividend = $34650

Total amount of dividend paid to shareholder during 3rd year = 36500 - 34650 = $1850

Total amound paid to shareholder in 3rd year = $1850

one markeitng action that can be taken to sell a single product or service to muylpele market segments is to

Answers

Answer: C. develop separate promotional campaigns.

Explanation:

Different market segments will have different norms and values that companies will have to take advantage of in order to sell their goods or services.

They will therefore need to develop separate promotional campaigns that are aimed at taking advantage of these norms and values in order to appeal to the people in the different segments.

Other Questions
Find the area of the sector. The theme expressed in this paragraph is thateven wise people do foolish things at times.those who sacrifice for others are great people.sacrificing one's most prized possessions is foolish.wise people are often those with the fewestpossessions. can you help me? im so confused hi guy I need your help if you can help I will give you a lot o brainlyRead the excerpt from "Isaac and Casey."Isaacs life was as smooth as silk and as easy as falling off a log. To his friends, the house was an amusement park because of all the neat inventions. To Isaac, it was completely normal.To interpret the metaphor in the excerpt, readers should connect what they know about amusement parks to determine a how much fun Isaacs friends had at his house.b the number of rides Isaac had inside his house.c how many people Isaac invited over to his house.d the way that Isaacs parents decorated his house How did trade along the Bosporus Strait affect the Byzantine EmpireA P 3 X How could works-cited list help a reader determine the validity of an essay NEED HELPP PLSSSSSSSSSSSS!!!!! In what way, if any, has community building changed in the age of digital media? Peoples community building has not changed in the age of digital media. People are now more willing to share highly personal information with strangers. People are now far less interested in building community or connecting with others. People are now more interested in forming communities based on physical location. Explique tres consecuencias que se dan en una cadena alimentaria cuando desaparece alguno de los organismos Complete the following sentences in Present Tense a. Estoy triste cuando __________b. Ella esta nerviosa cuando __________c. Estamos contentos cuando __________d. Cuando sacan malas notas, ellos __________e. Cuando vienes al cine, yo __________ In the verb tener, which is the only form that is not irregular?a.tc.yob.ustedd.nosotros change the following to grams onlya. 7kg 85gb. 6kg 346gc. 5kg 342g do fertilised eggs divide to form a foetus Using what you know about the historical context at the time of publication, discuss one characteristic of Victorian life that is present in The Strange Case of Dr. Jekyll and Mr. Hyde. What is protection scheme? which kind of triangle is shown.1. obtuse isosceles2. acute equilateral 3. obtuse scalene 4. right scalene write about any of your favourite novel? Betadine solution is a 10% povidone-iodine solution. Express this strength both as a fraction and as a ratio. The question is in the screenshot En la tira estn escritos los nmeros de 1 a 40. Corta la tira en pedazos, de tal forma gue en cada uno de ellos queden a lo ms dos nmeros primos , Icontos contes hiciste