1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
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

You might be interested in
Multinational Corporations (MNCs, sometimes called TNCs) are:
BabaBlast [244]

Answer:

d. Non-state (non-governmental) actors, focused on profit

Explanation:

Non State actor can literally be defined as an organization that are not funded by the government.

Multinational Corporations (MNCs) and Transnational companies (TNCs) are organizations that have companies in several countries and are business oriented focused on making profit.

Therefore, Multinational Corporations (MNCs, sometimes called TNCs) are Non-state (non-governmental) actors, focused on profit

4 0
3 years ago
Why is it necessary for a plant cell to differ from an animal cell
Brilliant_brown [7]
Plant cells having giant vacuoles which help them store more water than an animal cell. They also have chloroplasts allowing them to photosynthesize and make food, animal cells don't need chloroplasts. And lastly they have a cell wall which helps keep plant cells turgid or sturdy so they don't take in too much water and burst.<span />
4 0
3 years ago
NDP Mp will be equal to:
Ivanshal [37]

Answer:

B) NDPFC + Indirect Taxes

Explanation:

Net domestic product (NDP) is obtained by subtracting depreciation from gross domestic product (GDP), and it can be calculated at market price (NDPmp) or at factor cost (NDPfc):

  • NDPmp = GDPmp – depreciation
  • NDPfc = GDPmp – depreciation – indirect taxes

If we substitute NDPfc into option B, we will get:

NDPmp = NDPfc + indirect taxes

NDPmp = (GDPmp - depreciation - indirect taxes) + indirect taxes

NDPmp = GDPmp - depreciation

6 0
3 years ago
Managers organize information about a given job by performing a job analysis to determine the following with regard to that job:
Law Incorporation [45]

Answer:

All of the above.

Explanation:

Job analysis is when manager uses information available as a criteria for determining attributes required to perform a job.

In job analysis, information is made available to managers to know which employee is best suited for a particular role. It is also used to measure the capacity of employees whether they are being under or over utilized.

For effective job redistribution, job analysis is best recommended because it describes the work of current employee, working conditions and necessary educational certifications. Skills needed to perform on a role are also part of what is being considered in job analysis.

5 0
3 years ago
Mark and Kate are establishing a fund for their son's college education. They would like $60,000 in the fund at the end of 10 ye
katen-ka-za [31]

Answer:

The lump sum amount to be deposited should be $27,020.67

Explanation:

Data provided in the question:

Future value = $60,000

Time, t = 10 years

Interest rate, r = 8% = 0.08

Compounded monthly i.e number of periods n = 12

Now,

Future value = Amount deposited ×  \left( 1 + \frac{r}{n} \right)^{\Large{n \times t}}

Therefore,

on substituting the respective values, we get

$60,000 = Amount deposited ×  \left( 1 + \frac{0.08}{12} \right)^{\Large{12 \times 10}}

or

$60,000 = Amount deposited × ( 1.00667 )¹²⁰

or

$60,000 = Amount deposited × 2.220522

or

Amount deposited = $60,000 ÷ 2.220522

or

Amount deposited = $27,020.67

Hence,

The lump sum amount to be deposited should be $27,020.67

7 0
3 years ago
Other questions:
  • One year ago, you purchased a stock at a price of $32 a share. Today, you sold the stock and realized a total return of 14.62 pe
    14·1 answer
  • When the lorillard tobacco company places ads discouraging teenagers from smoking, they are using which type of institutional ad
    6·1 answer
  • Clipper Company sells two types of nail clippers. One focuses on the economy oriented customer and the other aims to satisfy the
    11·1 answer
  • Kim is the sales representative for a major textbook publisher. When she calls on the business faculty at General University, sh
    13·2 answers
  • Which of the following is true for a constant growth stock whose market value is equal to its intrinsic value? a. The stock's ex
    11·1 answer
  • Carlos works as a tutor for an hour and as a waiter for an hour. This month, he worked a combined total of hours at his two jobs
    8·1 answer
  • Joe believes in providing a work setting and culture that encourage workers to be creative and inspire employees to work hard to
    13·1 answer
  • One of your new clients explains that she prefers investments paying income with a fixed rate of return, but also allows for the
    5·1 answer
  • Identify three types of customers that a business serves.
    8·1 answer
  • Increasing the amount of insurance coverage on your vehicle is part of which phase of risk management?
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!