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vaieri [72.5K]
4 years ago
7

As managers use less and different types of direct materials, which of the following standards do managers focus on to enhance s

ustainability in the workplace?A) Quantity/Efficiency standardB) Price standardC) Flexible standardD) Both A and B
Business
1 answer:
seropon [69]4 years ago
6 0

Answer:

D) Both A and B

Explanation:

A sustainable workplace is the setup of the workplace in which the environment is employee-friendly. The cases of accidents and injuries and bad environment are absent in such type of workplace. The employees find such places a very healthy and favorable. It helps in generating a sound profit for the organizations.

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Ecker Company reports $1,925,000 of net income for 2017 and declares $269,500 of cash dividends on its preferred stock for 2017.
Basile [38]

Answer:

(A) $1,655,500

(B) $5.52 per share

Explanation:

Ecker company announced a net income of $1,925,000

They also declare a cash dividend of $269,500

The company has 300,000 weighted average shares of common stock

(A) The amount of net income available to common stockhloders for 2017 can be calculated as follows

Net income available to common stockhloders= Net income- Preferred Cash dividend

= $1,925,000-$269,500

= $1,655,500

(B) The common basic EPS for 2017 can be calculated as follows

Common basic EPS= Net income available to stockholders/weighted average outstanding shares

= $1,655,500/300,000

= $5.52 per share

7 0
3 years ago
14. Lassiter Industries has annual sales of $220,000 with 10,000 shares of stock outstanding. The firm has a profit margin of 7.
kakasveta [241]

Answer:

Price earning ratio is 16

Explanation:

Profit Margin = (Net profit / Net Sales) x 100

7.5% = Net profit / $220,000

Net Profit = $220,000 x 7.5%

Net Profit = $16,500

Earning Per share = $16,500/ 10,000 = $1.65 per share

Price-sales ratio = Market value /  Sales value

1.20 = Market value / 220,000

1.20 x 220,000 = Share price

Share price = 264,000 / 10,000 =

Share price = 26.40

Price Earning Ratio = 26.40 / 1.65 = 16

8 0
3 years ago
The tax concept and economic concept of income are in agreement on which of the following:
Cloud [144]
A is the correct Answer
5 0
3 years ago
The up and coming corporation's common stock has a beta of 1.05. if the risk-free rate is 5.3 percent and the expected return on
Ugo [173]

Cost of equity is calculated as -

Cost of equity = Risk free return + Beta * (Market risk - Risk free return)

Given,

Risk free return = 5.3 %

Market risk = 12 %

Beta = 1.05

Cost of equity = 5.3 % + (1.05*(12-5.3%))

Cost of equity = 12.335 % or 12.24 %

6 0
3 years ago
On January 2, Haskins Company purchases a laser cutting machine for use in fabrication of a part for one of its key products. Th
MakcuM [25]

Answer:

Explanation:

Cost of machine - $80000

Useful life - 5 years

Salvage value -$5000

Depreciable amount = 80000-5000= 75000

Annual depreciation = 75000/5 = 15000

Year                    DR                       Accum Dep

Cost                                                                                   8000                  

1                Depreciation 15000       15000  

2               Depreciation  15000      30000

Year 3      Depreciation  15000      45000

Year 4      Depreciation   15000      60000

Year 5      Depreciation   15000      75000

Financial statement template

Balanced sheet

Cash asset + Non cash asset = liabilities + Equity

Cash asset + 65000  = liabilities + equity

Income statement

Revenue - expenses = Net income

Revenue - 15000 - Net Income

3 0
3 years ago
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