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Kazeer [188]
3 years ago
9

A total of 1000 residents in minnesota were asked which season they preferred

Business
1 answer:
Molodets [167]3 years ago
7 0
They all said winter.
Hope this helps!
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At december 31, 2014 rice company had 300,000 shares of common stock and 10,000 shares of 8%, $100 par value cumulative preferre
vitfil [10]

The company has declared a 100% stock dividend on its common stock will not be considered while calculating the earnings per common shares should be.

Earnings per share = Net Income / Number of equity shares.

where Net Income = $1,520,000

Common equity shares = 300,000

Earnings per share = $1,520,000 / 300,000

Earnings per share = $5.07

Therefore, earnings per common share for year 2015 for Rice Corporation is $5.07

7 0
3 years ago
Byron is a partner in the Dowdy Group. At the close of the current year, Byron's basis in the partnership is $34,000. At that ti
Kitty [74]

Answer:

$17,000

Explanation:

The partnership takes on/out  the basis of contributed/ distributed property; cash is always consider basis as its face value.

The fair market value of property distributed is used to consider contributor’s gain/ loss only.

The basis in the partnership after distribution = current basis in partnership – cash distributed – basis of any other distribution

Thus Bryon’s basis in the partnership after the distribution = $34,000 - $8,000 = $17,000

6 0
3 years ago
Western Electric has 23,000 shares of common stock outstanding at a price per share of $57 and a rate of return of 14.2 percent.
Over [174]

Answer:

The firm's weighted average cost of capital if the tax rate is 34 percent is 12.69%

Explanation:

total assets = common stock value + preferred stock value + debt

                   = 23000*57 + 6000*48 + 350000*102%

                   = 1956000

WACC

= (common stock value/total assets) * common stock rate of return

+ (preferred stock value/total assets) * preferred stock rate of return

+ (debt value/total assets) * yield to maturity of debt * (1-tax rate)

= (1311000/1956000)*14.2%  + (288000/1956000)*7%  + (357000/1956000)*8.49*(1 - 34%)

= 12.69%

Therefore, The firm's weighted average cost of capital if the tax rate is 34 percent is 12.69%

4 0
3 years ago
Roddy Richards invested​ $12014.88 in Wolverine Meat Distributors​ (W.M.D.) five years ago. The investment had yearly arithmetic
KengaRu [80]

Answer: 3.96%

Explanation:

The Arithmetic Mean is a most famous Quantitative Analysis method that simply involves adding up all figures involved and dividing it by the number of figures involved.

Calculating it therefore would be,

= -9.7 + -8.1 + 15 + 7.2 + 15.4 /5

= 19.8/5

= 3.96 %

There seems to be an error in the multiple choice.

3.96 % is the arithmetic average return of Roddy​ Richard's investment based on the information we have but it is not listed.

8 0
3 years ago
While charging a general admission price of $15 for adults most days of the week, the Museum of Fine Arts in Houston offers free
kow [346]

Answer:

Basically, the museum might price this way because of the low number of people that go to the place that specific day and<u> in order to stimulate the demand from visitors</u>.

Explanation:

To begin with, the reason why organizations price this way, in where they offer one day total free admission is due to the fact that commonly that day selected does not count with much visitors in comparison with the other days of the week supported by statitics of the place and therefore the museum, in this case, wants to increase the amount of people that enter the building, basically.

Secondly, once that the main reason of why the museum might price this way is said, the reason why the are likely to choose a day like Thursday rather than Saturday is due to the fact that Saturdays tend to be the day where those kind of places are full of people because most of the people do not work on weekends and therefore the organization do not need to encourage the entrance of visitors, they will go anyways without any stimulation.

4 0
3 years ago
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