Which phrase best completes the diagram? Macroeconomic Goals for a Society ? Stable prices Economic growth

Rachel's Designs has 2,000 shares of 7%, $50 par value cumulative preferred stock issued at the beginning of 2019. All remaining

pantera1 [17]

Answer:

Dividend of preferred shares = No of shares * Dividend percent * Par value of shares = 2,000 * 7% * $50 = $7,000

Hence, dividend in arrears for the year 2019 and 2020 is $14,000 ($7,000+$7,000). Dividend for 2021 is $7,000

Description Amount

Preferred dividend in arrear for the year 2019 and 2020 $14,000

Add: Preferred dividend for the year 2021 $7,000

Total preferred dividend $21,000

Less: Total dividend $23,000

Dividend for common shareholder ($2,000)

Hence, dividend paid for cumulative preferred share in the year 2021 is $21,000 and the amount paid for common shareholders is $2,000

8 0

3 years ago

The following standards for variable manufacturing overhead have been established for a company that makes only one product: Sta

Naddik [55]

Answer:

$11.165 unfavorable

Explanation:

The formula to compute the variable overhead efficiency variance is shown below:

= (Actual direct labor hours - standard direct labor hours) × variable overhead per hour

where,

Actual direct labor hours is 2,975

And, the standard direct labor hours equal to

= 250 units × 9

= 2,250

Now put these values to the above formula

So, the value would equal to

= (2,975 - 2,250) × $15.40

= $11.165 unfavorable

6 0

2 years ago

A photocopier cost $105,000 when new and has accumulated depreciation of $96,000. if the business discards this plant asset, the

Ahat [919]

A photocopier cost $105,000 when new and has accumulated depreciation of $96,000. if the business discards this plant asset, the result is a loss of 9,000.

During the asset's anticipated useful life, depreciation is allocated in order to charge a fair percentage of the depreciable amount in each accounting period. Amortization of assets with predetermined useful lives is included in depreciation. Depreciation enables businesses to recoup the cost of an item at the time of acquisition. Instead of collecting the full cost of an asset right away, the technique enables businesses to do so during the asset's lifecycle. This enables businesses to replace current assets with the necessary quantity of revenue in the future.

Subtract the asset's cost from its salvage value (what you anticipate it to be worth at the end of its useful life) to determine depreciation using the straight-line technique. The outcome is the amount or depreciable basis.

Depreciation = asset's cost - salvage value

Depreciation = $105,000 - $96,000

Depreciation = $9,000

To know more about Depreciation refer to: brainly.com/question/15085226

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4 0

1 year ago

Why is it important to gather facts from a variety of sources so you can make fair, objective decisions before delivering bad ne

snow_tiger [21]

The situation may be disturbing, but solutions should not usually be based on emotion. Your first interpretation of the situation may not be the only valid view.

Don't try to sugarcoat the truth. It's best to be open and honest about what happened and what you're going to do to make it right. Remember that your attitude and the clarity of your message are two very important factors in this conversation. Be open, clear, and honest.

Bad news can be effectively clarified and explained by communicating it directly. D. Verbal communication of bad news includes instructions for later reference by the recipient of the bad news.

It's important to be open, honest, and empathetic. Provide all the facts you have and give your employees the time they need to digest the news and ask questions. Guarantee that you will do your best.

Learn more about emotion here brainly.com/question/4692301

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3 0

1 year ago

Tyrone Northrup pays monthly rent of $1,240 for a one-bedroom apartment in a large city. He pays an extra monthly charge of $160

Leona [35]

Answer:

$18,910.00

Explanation:

Monthly rent $1240

Extra monthly charge $160

Electricity $90

Other utilities $860 per year

Insurance $170 per year

The monthly rent per year will be

=$1240 x 12

=$14,880

Parking charges per year

=$160 x 12

=$1,920

Electricity charges per year

=$90 x 12

=$1,080

Other utilities per year

=$860

Insurance per year

=$170

The annual cost will be

=$14,880 + $1,920 + $1,080 + $860 + $170

=$18,910.00

8 0

2 years ago