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3 years ago

7. White has previously said that we need a new way to think about

1 answer:

8 0

Providing greater opportunities for employment is one way for a country to help its citizens recover from a personal crisis. This is further explained below.

<h3>What is personal finance crisis?</h3>

Generally, When financial instruments and assets see a severe decline in value, this is known as a financial crisis.

In conclusion, More work opportunities have the potential to alleviate personal crises on a national scale.

Read more about the personal finance crisis

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Nathan’s Athletic Apparel has 2,000 shares of 5%, $100 par value preferred stock the company issued at the beginning of 2017. Al

pochemuha

Answer:

Preferred stock dividends to be paid in 2018 = $20000

Common stock dividends to be paid in 2018 = $2000

Preferred stock dividends to be paid in 2018 = $10000

Common stock dividends to be paid in 2018 = $12000

Explanation:

The preferred stock dividends are always paid before the common stock dividends.

Cumulative preferred stock is the stock which accumulates or accrues dividends if the dividends are partially paid or not paid at all in a particular year. These dividends are accrued and are required to be paid by the company whenever it declares dividends.

Non cumulative preferred stock does not accrue or accumulates dividends. Thus, if dividends are not paid in a particular year, the company has no obligation to pay these dividends ever in the future.

If the preferred stock is assumed to be cumulative, then the dividends in arrears for 2017 will be paid in 2018 along with dividends for 2018 on preferred stock before paying the common stock holders.

Preferred stock dividend per year = 2000 * 100 * 0.05

Preferred stock dividend per year = $10000

Preferred stock dividends to be paid in 2018 = 10000 + 10000 = $20000

Common stock dividends to be paid in 2018 = 22000 - 20000 = $2000

If the preferred stock is assumed to be non cumulative, then the dividends in arrears for 2017 will not be paid in 2018. Only the dividends for 2018 on preferred stock will be paid before paying the common stock holders.

Preferred stock dividend per year = 2000 * 100 * 0.05

Preferred stock dividend per year = $10000

Preferred stock dividends to be paid in 2018 = $10000

Common stock dividends to be paid in 2018 = 22000 - 10000 = $12000

3 0

3 years ago

What would a casualty insurance policy cover?

svetlana [45]

Answer:

The answer is (D) a customer injury caused by employee negligence.

Explanation:

A casualty insurance policy is a type of insurance that covers liabilities for individuals or organizations when negligence or omissions occur. It can apply to a variety of insurance types, such as aviation insurance, automobile insurance, and electronics insurance. It is not related to life insurance, health insurance, or property insurance. This makes (D) the only viable answer.

5 0

3 years ago

Read 2 more answers

Economic growth can be portrayed as:____________. 1. An inward shift of the production possibilities curve. 2. An outward shift

Aleonysh [2.5K]

Answer:

2. An outward shift of the production possibilities curve.

Explanation:

Economic growth can be defined as an increase in the output of goods produced in an economy or increase in what an economy produces using its scarce resources.

Simply put it is an increase in production capacity.

The production possibility curve shows all possible combinations of two products that can be produced with a given level of resources.

When there is increase in capacity there is increase in number of goods that can be produced. For example if resources of 50 units can produce 15 units of A and 20 units of B. An increase of resources to 70 units will be able to produce more let's say 20 units of A and 23 units of B.

This results in shift of PPP outward as illustrated in the attached diagram.

3 0

3 years ago

. Which of the following is not a characteristic of the market system?

salantis [7]

Answer:

C. Government ownership of the major industries.

Explanation:

The government owning the major industries is not a characteristics of market system. The government plays a limited role instead. Government role is to ensure that the markets are open and working. It ensures equal access to information by making sure no one manipulates the markets.

Other characteristics of market system not mentioned in the question are

1. System of market and prices

2. Motive of self interest.

3 0

3 years ago

Departmental information for the four departments at Samoa Industries is provided below.

AURORKA [14]

Answer:

Samoa Industries

1. The dollar amount of the Janitorial Department costs to be allocated to the:

a. Cafeteria Department = $75,000

b. Cutting Department = $15,000

2. The dollar amount of the Cafeteria Department costs to be allocated to the:

a. Cutting Department = $93,750

b. Assembly Department = $31,250

Explanation:

a) Data and Calculations:

Total Cost Cost Driver Square Feet Number of

Employees

Janitorial $150,000 Square footage serviced 200 40

Cafeteria 50,000 Number of employees 20,000 12

Cutting 1,125,000 4,000 120

Assembly 1,100,000 16,000 40

Allocation of Departmental Costs:

Janitorial Cafeteria Cutting Assembly

Total Costs $150,000 $50,000 $1,125,000 $1,100,000

Janitorial dept. (150,000) 75,000 15,000 60,000

Cafeteria dept. 0 (125,000) 93,750 31,250

Total allocated costs $1,233,750 $1,191,250

3 0

3 years ago