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almond37 [142]
3 years ago
14

Parsley Corporation had 250,000 shares of common stock and 5,000 shares of 8%, $100 par, preferred stock outstanding on December

31, 2017. The preferred stock is cumulative, nonconvertible preferred stock. On June 1, 2018, Parsley sold 36,000 shares of common stock for cash. No cash dividends were declared for 2018. Parsley reported a net loss of $320,000 for the year ended December 31, 2018.Calculate Parsley's loss per share for the year ended December 31, 2016. (Round your answer to 2 decimal places.)
Business
1 answer:
lianna [129]3 years ago
7 0

Answer:

Explanation:

Calculation of total loss:

Net loss 320,000

Preferred dividend [5000*8%*100] 40,000

Total loss 360,000

Calculation of shares:

Common shares 250,000

Additional common stock [36,000*7/12] 21,000

Total shares 271,000

Loss per share = 360,000/271,000 = $1.328

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Suppose Mexico’s opportunity cost for producing 1 unit of food is 3 units of clothing and the United States’ opportunity cost fo
Paul [167]

Answer:

Mexico export 1 unit of cloth and  import 2 unit of food

Explanation:

given data

Mexico’s cost producing 1 unit of food = 3 units of clothing

US cost producing 1 unit of food = 0.5 units of clothing

Trade  ratio = 1:1

to find out

How beneficial would it be for Mexico

solution

as given in question we know that Mexico opportunity cost of producing food is lower in the US

so here United States will produce food and Mexico will produce cloth

and trade ratio is 1:1 so that  Mexico has export 1 unit of cloth and can import 1 unit of food

and

when the trade ratio is 1 unit of clothing for every 2 unit of food

Mexico export 1 unit of cloth and  import 2 unit of food

so as that Mexico will gains more by  later trade ratio

8 0
3 years ago
Roger is hired by an international HR consulting firm as its Outplacement Counselor. Prior to receiving extensive training on th
Roman55 [17]

Answer:

The correct option here is B)

Explanation:

The non compete clause is an agreement between an employer and employee ( as it is in this question between Roger and HR consulting firm ) , where an employee agree to the wishes of employer to not to work for firms which are competing against the employer in the same market.

4 0
3 years ago
Imitability of a resource can occur through _?
stich3 [128]

Answer:

economic depletion

Explanation:

4 0
3 years ago
Read 2 more answers
Stanley deposits $1,000 into a savings account that pays 1% interest per year. At the end of the first year, he's earned $10 in
77julia77 [94]

Answer:

$1000

$1010

Explanation:

The formula for determining simple interest = principal x time x interest rate

The formula for determining compound interest = future value - amount invested

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P = Present value  

R = interest rate  

N = number of years

1000 X 0.01 X 1 = $10

Given the figures in the question, the simple interest each year would be $10 based on $1000

But the compound interest in year 2 = 1000 x (1.01)^2 = 1020.10

1020.10 - 1000 = 20.1

compound interest in year 2 = 20.1 - 10 = 10.1

or

1010 x 0.01 x 1 = 10.1

7 0
3 years ago
Questioning of a witness by anyone other than the party who called the witness is _______ examination.
Andre45 [30]
I believe it's cross examination (the interrogation of a witness called by one's opponent). But I'm not 100% positive. 
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