Answer:
Net income $1,265
Explanation:
The computation of the net income or net loss is shown below:
Revenues
Cash revenues $2,900
Credit revenue $2,050
Total revenues (a) $4,950
Less:
Expenses :
Rent ($1,275)
Telephone ($280)
Salaries ($1,750)
Office cleaning service ($380)
Total expenses (b) ($3,685)
Net income $1,265 (a - b)
Answer:
Limit your use!
Explanation:
The best way to reduce anything in life is to limit exposure to the thing. Social media is no different. Many apps are specifically designed to hook your brain on them by utilizing positive reinforcement, most obviously in the form of recieving validation, "likes" or "kudos". If you can sort of wean your brain off of the dopamine rush you recieve any time you receive that validation, it will be much easier to put the phone down and reduce your screen time overall.
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Answer:
a. demand for existing shares of the stock and the price will both fall.
Explanation:
The stock price is formed by the interaction of supply and demand of companies's shares and when a news like this is released is expected that the future cashflows of that company will drop. Being share buyers rational actors, the demand for the company's shares will drop, therefore the price of the company will drop as well.
Answer:
Dividend to preferred shareholders= $5250
Explanation:
Non-cumulative preferred shareholders are those shareholders who are paid a fixed return on par value of their shareholding (i.e number of shares) which take priority over ordinary shares but holders of preferred shares don't have voting rights and therefore can't participate in the business affairs the way ordinary shareholders can.
The non-cumulative aspect of preferred shares means that if Sheridan corporation fails to pay preferred shareholders dividend in a year due to whatsoever reason, Sheridan won't be liable to pay them the previous years' dividend, they only get the current years' dividend.
First we compute total par value of preferred shares and apply the percentage of return to shareholders. The amount of dividend to be distributed to preferred shareholders is calculated as follows;
Dividend to preferred shareholders= (10500* $10) * 5%
Dividend to preferred shareholders= $5250