Answer:
The correct answer is True.
Explanation:
The preferred share is one that confers on its owner an additional privilege, generally of an economic nature, compared to what we commonly call common shares.
As for ordinary shareholders, preferred shares do not expire, but nevertheless, unlike ordinary shares, they do not legitimize their holder the right to vote at general or extraordinary meetings of shareholders, and they do not attribute any equity participation of the society. Likewise, the profitability of preferred shares is also not guaranteed, since it is linked to obtaining benefits.
Answer:
Particulars Amount
1. Revenue allocated to the equipment $330
for each bundled sales
{$990 * $280 / $280 + $560}
2. Revenue allocated to the service $660
for each bundled sales
{$990 * $560 / $280 + $560}
3. Sales revenue to be reported in income $660
statement
Service revenue to be reported in $55
income statement
($660/12)
Answer:
Explanation:
Required:1.Calculate the expected cash collections for December. CREDIT SALES COLLECTIONS HISTORY20 % in the month of Sale (OCTOBER) 60 % in the First month after Sales (NOVEMBER) 18 % in the Second month after Sales (DECEMBER) 2 % Projection of Uncollectible Accounts receivable 100 %CASH COLLECTIONS FOR DECEMBER December cash sales................................................$83,000Collections on account:October sales: $400,000×18%.............................72,000November sales: $525,000×60%.........................315,000December sales: $600,000×20%.........................120,000Total cash collections..........................................$590,0002.Calculate the expected cash disbursements for merchandise purchases for December. CASH PAYMENTS HISTORY 30 % Paid in the month of purchases 70 % Paid in the First Month after purchased 100 % CASH PAYMENTS TO SUPPLIERSNovember purchases (accounts payable)..............$161,000December purchases: $280,000×30%.................84,000Total cash disbursements......................................$245,000
3.Prepare a cash budget for December. Indicate in the financing section any borrowing that will be needed during the month. Assume that any interest will not be paid until the following month. ASTHON COMPANY CASH BUDGET FOR MONTH ENDED 12-31-17 Cash Balance 12/1 40 000 Add: Cash Receipts Collections from customers 590 000 Total Cash Available 630 000 Less: Cash Disbursements Payments to suppliers 245 000 Selling & Administration Expenses 380 000 (Total - depreciation = 430 000 - 50 000) New Web Server 76 000 Dividends Paid 9 000 Total Cash Disbursements 710 000 Excess (deficiency) of cash available over disbursements (80 000) Financing: Borrowings 100 000 Repayments 0 Interest 0 Total financing 100 000 Ending cash balance 20 000
Answer:
B. Higher interest rates in the United States relative to Canada.
D. Decreasing GDP in the United States than in Canada.
Explanation: A flexible currency market is market where the exchange rate is determined by some economic factors which includes
High interest rate- if the interest rate on the United States is higher than that in Canada most investors will be moved to Borrow money from Canada instead of Borrowing from United States leading to reduced demand for The United States dollar which will lead to depreciation of the United States Dollar.
Decreasing GDP- when the gross domestic product of the United States economy decreases the general productivity level in the United States is decreased which will discourage foreign investors from investing in the United States leading to reduced demand for the United States Dollar.
Answer:
Return on investment = 86.49 %
so correct option is B. 86.49%
Explanation:
given data
Operating income = $1,600,000
Net sales = $13,500,000
Average total assets = $1,850,000
target rate of return = 30%
to find out
company's return on investment
solution
we get here Return on investment that is express as
Return on investment = Operating income ÷ Average total assets .............1
put here value we get
Return on investment = 
Return on investment = 0.86486
Return on investment = 86.49 %
so correct option is B. 86.49%
