When an employee does the work necessary to remove physical dirt what food residue

Ultimate Sportswear has $150,000 of 8% non-cumulative, non-participating, preferred stock outstanding. Ultimate Sportswear also

Natali [406]

Answer:

c. $12,000 preferred: $23,000 common

Explanation:

Calculation of how the Dividend should be distributed

First step is to calculate for preferred stock outstanding

Preferred stock outstanding=$150,000 * 8% non-cumulative

Preferred stock outstanding=$12,000

Second step is to calculate for common stock outstanding

Using this formula

Common stock outstanding = Cash Dividend-Preferred stock outstanding

Let plug in the formula

Common stock outstanding=$35,000-$12,000

Common stock outstanding=$23,000

Therefore Preferred stock outstanding will be $12,000 while Common stock outstanding will be $23,000

4 0

3 years ago

The environmental protection agency was formed in 1970 and began to monitor the environmental impact of united states companies,

Lorico [155]

The environmental protection agency was formed in 1970, Exchange in the immediate environment is this an example of Governmental bodies and the firm.

<h3>What was the goal of the 1970 Environmental Protection Act quizlet?</h3>

This act's objective is to "promote productive and joyful harmony between man and his environment." In 1970, the Environmental Protection Agency (EPA) was established. The cleanup of toxic waste left behind from decades of unrestricted dumping was its primary focus.
The Environmental Protection Agency's principal responsibility is to regulate environmental law. It was founded in 1970. They put in place programs to reduce pollution and protect the environment. Describe the federal rules and regulations in place to protect the environment from air pollution.

To learn more about Environmental Protection Agency refer,

brainly.com/question/14956213

#SPJ4

7 0

1 year ago

How can I become a millionair

Crank

Lots of ways pick a subject and try hard.

8 0

2 years ago

Read 2 more answers

"3. ERA Company’s controller accidentally erased the 3/1/20 balance for the Accounts Receivable account. However, she can see th

VikaD [51]

Answer:

The multiple choices are:

a.300,000

b.$400,000

c.$800,000

d.$1,300,000

The correct option is C,$800,000

Explanation:

Opening accounts receivable=closing receivables+cash received-credit sales

closing receivables is $500,000

cash received during the month was $1,800,000

credit sales during the month was $1,500,000

Opening accounts receivable =$500,000+$1,800,000-$1,500,000

opening accounts receivable balance =$800,000

This is more like working backwards,as closing closing receivables formula is ;

closing receivables=opening receivable+credit sales-cash received

simply change the subject to opening receivables

opening receivables=cash received+closing receivables-credit sales

6 0

2 years ago

Handy Leather, Inc., produces three sizes of sports gloves: small, medium, and large. A glove pattern is first stenciled onto le

Fiesta28 [93]

Answer:

a. Determine the two production department factory overhead rates.

Pattern department = $50 per hour

Cut and sew department = $67 per hour

b. Use the two production department factory overhead rates to determine the factory overhead per unit for each product.

Production Small Medium Large

<u>Departments Glove Glove Glove</u>

Pattern Department $2.00 $2.50 $3.00

Cut and Sew Department $5.36 $6.70 $8.04

Explanation:

small, medium, large

Pattern Department overhead $135,000

Cut and Sew Department overhead $227,800

Total $362,800

Pattern Department 2,700 direct labor hours

Cut and Sew Department 3,400

Total 6,100 direct labor hours

Overhead rate per hour:

Pattern department = $135,000 / 2,700 hours = $50 per hour

Cut and sew department = $227,800 / 3,400 hours = $67 per hour

Production Small Medium Large

Departments Glove Glove Glove

Pattern Department 0.04 0.05 0.06

Per unit ($50) $2.00 $2.50 $3.00

Cut and Sew Department 0.08 0.10 0.12

Per unit ($67) $5.36 $6.70 $8.04

3 0

3 years ago