Answer:
D) 3 years' worth of dividends will be paid to preferred shareholders prior to paying anything to common shareholders.
Explanation:
Shareholders are the individuals or institutions that hold the stock of a company making the owners of the business. Shareholders can either be common shareholders or preferred shareholders. Common shareholders are more prevalent and have voting rights in matters concerning the company.
Preferred shareholders hold preferred stock. They are rare and have no voting rights in the way the organization is managed. Preferred shareholders are entitled to a fixed amount of dividend every year. Dividends to preferred shareholders have to be paid first before common shareholders are paid out. Usually, common stockholders will be last to paid last in the event of dividends payouts or in times of liquidation.
Answer:
(a) $921,100
(b) $643,500
(c) $567,700
Explanation:
(a) Cost of goods sold:
= Sales - Gross profit
= $1,261,800 - $340,700
= $921,100
(b) Direct Material Cost:
= Materials purchased - Indirect materials - Materials inventory
= $643,500 - $46,700 - $46,700
= $643,500
(c) Direct labor cost:
= Total manufacturing costs for the period - Direct materials - factory overhead (Indirect labor + Indirect materials + Other factory overhead)
= $1,393,000 - $643,500 - $181,800
= $567,700
Frictional unemployment occurs because in a world of imperfect information, it takes time for people to find jobs.
<h3>
What is Frictional unemployment?</h3>
Transitions in employment that are voluntary within an economy lead to frictional unemployment. Even in an expanding, stable economy, frictional unemployment is a given. Frictional unemployment refers to workers who decide to leave their current jobs in search of new ones and people who are just starting out in the workforce. It excludes employees who hold onto their existing position until they find a new one because, presumably, they are never unemployed.
In the economy, there is always some frictional unemployment. It is a portion of natural unemployment, which is the lowest unemployment rate in an economy as a result of economic factors and labor movement, and it affects the overall employment picture.
The number of workers who are involuntarily out of work indicates both natural unemployment and the number of people who have been replaced by technology or lack of expertise.
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<span>The text that is entered into a cell used to identify the purpose of the worksheet, columns, and rows is the column header. The column header is useful as it allows you to name a range which makes your worksheet much easier to read.</span>
The assumption that if planning is perfect there is no need for controlling is false.
This is because controlling is a very vital and important part of
management. Controlling helps to organize the various factors needed in
the completion of a project. This helps to prevent and reduce mistakes to
the barest minimum that may arise as we are all prone to errors.
A management process without any form of control will result in the target
and exact instructions not being met or adhered to.
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