Answer:
The answer is $4,300
Explanation:
Solution
We recall that:
Torino company has 1,200 shares of = $50 per value
The cumulative and nonparticipating preferred stock of = 6.0%
They also have 13,00 shares
Common stock outstanding = $10 per value
Total dividends = $3,500
Now,
The first year amount of dividend that was paid in the first year of working is stated as follows:
6% * 1300 * 50 = $3900
The paid dividend = $3,500
The amount amount payable during the second year to the common stakeholders is
=$3900 + 400 = $4,300
Note: preferred shares are cumulative, for this the amount paid to the stakeholders was $4,300
Answer:
C) The government bans the hiring of workers with brown eyes.
Explanation:
A competitive market can eliminate wage differentials if firms are allowed to act in their self-interest without government intervention. However, if the government steps in and declares a ban on the hiring of brown-eyed people, there isn't really anything that firms can do, even if they want to hire people with brown eyes. This situation would effectively lower the brown-eyed workers' wages to zero, because they now are unemployed and banned from finding employment.
The only option firms that still want to hire brown-eyed people is to resort to illegality, and hire people outside government authorization, but this entails risks, and not many companies are likely to take that kind of measure.
Answer:
$10,464.41
Explanation:
in order to answer this question we can use the external financing needs formula, except that we will have EFn = 0, and look for Δ Sales
EFN = (A/S) x (Δ Sales) - (L/S) x (Δ Sales) - (PM x FS x (1-d))
- EFN = $0
- A= assets = $155,000
- S = current sales = $66,000
- Δ = ???
- L = current liabilities = $0
- PM = profit margin = $30,300 / $66,000 = 0.4591
- FS = current sales + Δ Sales = $66,000 + Δ Sales
- 1 - d = 1 - dividend payout ratio = 1 - 0.3 = 0.7
0 = 2.3485Δ - 0 - (0.4591 x FS x 0.7)
0 = 2.3485Δ - (0.3214 x FS)
0 = 2.3485Δ - [0.3214 x ($66,000 + Δ)]
0 = 2.3485Δ - $21,212.40 + 0.3214Δ
$21,212.40 = 2.0271Δ
Δ = $21,212.40 / 2.0271 = $10,464.41
If no new equity is raised, sales can increase by $10,464.41. Total forecasted sales = $76,464.41
The answer in the space provided is the valid questionnaire. It is because a valid questionnaire is a type of questionnaire in which it measures a particular quantity, group or a particular thing that is related to their research. This type of questionnaire enables to promote the validity and reliability. It could be seen above that it is considered to be a valid questionnaire as it tries to measure something that is related to their research in which they will measure the population.
Answer:
False
Explanation:
On an income statement, each item should be shown as a percentage of total sales (not net sales).
A vertical analysis uses percentages to compare different items one a financial statement using a base account. Total sales is used as the base account on an income statement, and total assets are used as the base account on a balance sheet.
