Answer:
b.True
Preferred Stock as their name suggest comes first in the dividend distribution.
If it makes no <u>purchase of the new shares </u>then, their investment will decrease to $76,800 as the market value no longer is $48 per share
This is an example of dilution that is, the decrease in both, business participation and also, value of the investment as new shares are issued the older investor will take a hit in their participation if they don't purchase additional shares in the new issuances
Explanation:
2,000 shares x $38.40 = 76,800
In a results-oriented organization that focuses on quality and teamwork, followers should assume primary responsibility.
<h3><u>
Explanation:</u></h3>
The thing that `guides the activities to be carried out for achieving the objectives and goals of an organisation refers to the organisational structure.The activities can include things like role,rules and responsibilities. The organisational structure plays a major roil;e in the determination of how well an organisation can achieve its goals.
The structure that an organisation must follow is dictated by the top management. The organisational structure decides the flow of information into various levels of an organisation. When an organisation focuses mainly on the outcome that is achieved finally without focusing on the way the outcome is reached refers to result oriented organisation. Thus, in such organisation, the followers should assume primary responsibility.
Answer:
finished cost = $200,000
inventory cost=$250,000
manufactured cost= $600,000
cost of good= beginning inventory+purchase during period cost- ending inventory
$600,000+$200,000-$250,000
$550,000
Answer:
The answer is B.
Explanation:
Contingent liability is a liability that may occur in the future subject to the outcome of a specific event. The future outcome determines contingent liability. Examples of contingent liability are product warranties, pending court case etc.
So contingent liability should be recognized when the future events are probable to occur and the amount can be reasonably estimated
Answer:
Annual depreciation for the first year = $15,500
Annual depreciation for the second year = $7,500
Explanation:
Data provided in the question;
Cost of the delivery truck = $31,000
Salvage value = $4,000
Useful life = 4 years
Now,
The Rate of depreciation under declining-balance = 2 × straight-line rate
= 2 × 
= 0.5
or
= 0.5 × 100% = 50%
Therefore,
Annual depreciation for the first year = cost of truck × Rate of depreciation
= $31,000 × 0.5
= $15,500
Annual depreciation for the second year
= Book value at the end of first year of truck × Rate of depreciation
= $15,500 × 0.5
= $7,500
