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Alina [70]
3 years ago
7

Barney Corporation recognized a $100 million preferred stock balance on 12/31/2019.

Business
1 answer:
mrs_skeptik [129]3 years ago
5 0

Answer:

C. $120m

Explanation:

As per the given situation, the calculation of the ended year the preferred stock is shown below:

Ending preferred stock balance

= Beginning balance of preferred stock + new issuance of preferred stock

= $100 million + $20 million

= $120 million

Therefore, for computing the ending preferred stock balance we simply applied the above formula and ignore all other values as they are not relevant. So the correct answer is C.

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You are a project manager leading an IT development project. Halfway through your project, you realize that you need to hire an
aliina [53]

Answer:

The project manager can convince the project sponsors with the following reasons which are,

(1) Telling the sponsors the additional benefits that the team will have once a member enters the team.

(2)Informing the sponsors about the work not completed due to lesser number of workers.

(3)Informing the sponsors the additional benefits that the team  will have once a member enters the team.

For on boarding a new worker the project manager does the following which includes:

(1)it is very necessary  to share the agendas and charters  of the previous meetings of the project to help individuals to familiarize with the project scope and goals.

(2)Having a one one meeting a with the individual and  discussing with him/her about the project and solve his/her issues.

(3) Doing a formal introduction of the new member  to both the project team and stakeholders of the project.

Explanation:

Solution:

In the half way of the project, the project manager can convince the project sponsors in the following ways shown below:

  • Informing the sponsors about the work not completed due to lesser number of workers
  • Informing the sponsors about the delays taking place due to shortage of  members in the team
  • Telling the sponsors the additional benefits that the team  will have once a member enters the team
  • Convincing the sponsors by discussing and talking with him/her the various drawbacks of not having the required  numbers of members in the team.

For getting a new member on board for the project, it is very important to share the agendas and charters and minutes of the previous meetings of the project to enable individuals to familiarize with the project scope and goals.

Secondly, a one one meeting and discussion with the individual must be organized to brief him/her about the project and solve his/her issues.

Finally the new member must be introduced to both the project team and stakeholders of the project.

5 0
3 years ago
After enrolling in Medicare and purchasing a supplement, Rachel withdrew $2,000 from her HSA. She used $600 to pay her Medicare
elena-14-01-66 [18.8K]

Answer:

$1,200 was subject to income tax is the correct answer.

Explanation:

4 0
3 years ago
The principal purpose of a statement of cash flows is to measure the profitability of a business that maintains its accounting r
Alexus [3.1K]

Answer:

False

Explanation:

The principal purpose of a statement of cash flows is to measure the profitability of a business that maintains its accounting records on the cash basis.

This is False because cash flows are also made for businesses that accounting records on the accrual basis rather than cash basis.

The cash flow is computed both by Direct and Indirect methods.

In indirect method of Cash flow Net income is computed using accrual income which recognizes revenues when earned and expenses when incurred.

5 0
3 years ago
Read 2 more answers
Your bank account pays an interest rate of 8 percent. You are considering buying a share of stock in XYZ Corporation for $110. A
erica [24]

Your bank account pays an interest rate of 8 percent. You are considering buying a share of stock in XYZ Corporation for $110. After 1, 2, and 3 years, it will pay a dividend of $5. You expect to sell the stock after 3 years for $120. Is XYZ a good investment-This statement is False

Explanation:

Your bank account pays an interest rate of 8 percent. You are considering buying a share of stock in XYZ Corporation for $110. After 1, 2, and 3 years, it will pay a dividend of $5. You expect to sell the stock after 3 years for $120. Is XYZ a good investment

The above statement is false, since it is a bad investment because after figuring out the stock's value you get $108.15, which is less than what you initially paid for it.

4 0
3 years ago
erry, a partner in the JSK partnership, begins the year on January 1, 2011 with a capital balance of $20,000. The JSK partnershi
Ludmilka [50]

Answer:

Check the explanation

Explanation:

The amount of interest<u><em> (Which is calculated as a fraction or percentage of a loan (or savings) balance that is being paid to the borrower on a periodic basis for the privilege of making use of their money. The sum is typically quoted as an annual rate, but the interest can be calculated for some periods that are longer or shorter than one year.)</em></u> that will be attributed to Jerry for the year 2011 which is supposed to point toward his profit distribution for the year can be seen I the attached image below.

3 0
3 years ago
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