Answer:
$2.29
Explanation:
The units cost per service is the ratio of the total operating expense to the total number of services provided during the year. Given that the Operating Expenses 24 comma 000 and the Number of Services Provided for the Year 10 comma 500,
the unit cost per service
= $24,000/10,500
= $2.285714286
To the nearest cents
= $2.29
Answer: Option (a) is correct.
Explanation:
Given that,
Dividend in 2016 = $20,000
Preferred Shares = 400
Par Value of Preferred Stock = 400 × 10 = $4000
Rate of Dividend of Preferred Stock = 5%
(a) Dividend to preferred Shareholders:
= Par Value of Preferred Stock × Rate of Dividend
= $4000 × 5%
= $200
(b) Dividend to Common Shareholders:
= Total Dividend - Dividend to Preferred Shareholders
= $20,000 - $200
= $19,800
The excel start screen will pop up then from there you can choose to create a workbook a template and access your recent work
Answer:
Real Exchange Rate computed as German goods per U.S. goods: 2
Explanation:
Cost in the US: 0.50 dollar
Cost in Germany: 1 euro
Real Exchange Rate: German Goods / U.S. Goods
Real Exchange Rate: 1 / 0.50 = 2
The real exchange rate measures the price of foreign goods relative to the price of domestic goods.
Answer:
The interest expense company recorded during Year 2 on the 7% debentures is $27,535,600
Explanation:
As the interest expense is different from the interest payment made on the debenture. It also includes some other costs. Effective interest rate includes the effects of all related costs of debentures. So the interest expense of a debenture will base the effective interest rate of the debenture.
We can calculate the Interest expense on 7% debtures as below
Interest Expense = Value of Debenture x Effective interest rate
Interest Expense = $188,600,000 x 14.6%
Interest Expense = $27,535,600
