Answer:
What is the probability that the next student to purchase a meal plan will be assigned to the Commons?a. 0.33
Explanation:
P(A) = (No. of ways A can occur)/(Total no. of possible outcomes)
P=1/3
P=0,333
Answer:
B. 9.84%
Explanation:
Given that
D1 = 1.25
P0 = 27.50
g = 5%
F = 6%
Recall that
Cost of equity raised = (D1/P0 - [F × P0]) + g
Thus,
= 1.25/27.50 - [0.06 × 27.50] + 0.05
= 1.25/ 25.85 + 0.05
= 0.04835 + 0.05
= 0.09835
= 0.0984
=9.84%
Answer:
See below.
Explanation:
Since the preferred stock is not cumulative only the current years' dividend is payable on these stocks.
Preferred stock dividend = (5000 * 100) * 0.08 = $40,000
Of the declared dividend of $100,000,
Preferred Dividend = $40,000
Ordinary share dividend = $60,000
If the shares were cumulative, the prior year dividends would also be payable form the declared dividends bringing the total preferred dividend to $80,000.
Hope that helps.
It would be easier to expand your first text box if you don't want to take the risk of lumping everything together. Move your work to one text box and expand it so it all fits.
Answer: Assembly Department
Explanation:
Missing part of question is attached below.
Cutting Department
Under the direct method, the Cutting Department is allocated $62,000 of the Janitorial cost and $126,750 of the Cafeteria cost for a total of:
= 62,000 + 126,750
= $188,750
Assembly department
Allocated $248,000 of the Janitorial cost and $42,450 of Cafeteria:
= 248,000 + 42,450
= $290,450
<em>Assembly Department is therefore the department that is allocated the most support department costs under the direct method. </em>
