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ch4aika [34]
3 years ago
7

A stock generally issued by companies expected to provide an uninterrupted stream of dividends and good, long-term growth prospe

cts is called________.
Business
1 answer:
Arisa [49]3 years ago
4 0

Answer: Blue-chip stock

Explanation:

 The blue-chip stock is one of the well organized and the large organization that only represent the companies that are stable in the market.

The blue-chip stocks are the popular stocks which provide the uninterrupted stream and the long-term growth. This type of stock typically contain the high market capitalization in the market.  

The examples of the blue-chip stocks are as follows:

  • Boeing corporation
  • Coca-cola company
  • IBM

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Parsons Corporation uses a predetermined overhead rate based on direct labor-hours to apply manufacturing overhead to jobs. Last
Ierofanga [76]

Answer:

Actual direct labor hours= 32,750 hours

Explanation:

Giving the following information:

Actual overhead= $250,000 in actual manufacturing overhead cost. Overapplied overhead= $12,000 for the year.

The predetermined overhead rate was $8.00 per direct labor-hour

We need to reverse engineer the manufacturing overhead application process for the period.

Under/over applied overhead= real overhead - allocated overhead

If overhead was overapplied, the real overhead was lower than applied.

-12,000= 250,000 - allocated overhead

allocated overhead= $262,000

Now, we can determine the actual direct labor hours for the period:

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

262,000= 8*Actual amount of allocation base

Actual direct labor hours= 32,750 hours

7 0
3 years ago
The lack of which of the following represents scarcity
Lapatulllka [165]
A because scarcity in economics mean having limited resources and unlimited wants, meaning there’s never enough resources to satisfy the needs that every individual wants
4 0
3 years ago
Read 2 more answers
Games Galore Corp. hires Haley, a minor, to create new customized game software for certain clients. Haley signs a contract that
egoroff_w [7]

Explanation:

In the scenario exemplified in the question above, it can be said that because he is a minor, Haley's contract with Games Galore can be canceled.

Therefore, if the case is brought to court, it will likely be determined that Haley will return the valuable work materials provided by Game Galore and any amounts received by Haley that were provided for in the contract.

7 0
3 years ago
Mary's 25th birthday is today, and she hopes to retire on her 65th birthday. She has determined that she will need to have $4,00
inessss [21]

Answer:

Annuity will be $33112.644  

Explanation:

We have given future value ( FV ) = $4000000

Rate of interest r = 5% = 0.05

Number of periods n = 40

We know that future value is given by Futurte\ value(FV)=\frac{A}{r}[(1+r)^n-1]

Here A is annuity

So 4000000=\frac{A}{0.05}[(1+0.05)^{40}-1]

200000=A[(1+0.05)^{40}-1]

200000=A\times 6.0399

A=$33112.644

So annuity will be $33112.644

4 0
3 years ago
Retained earnings is the amount of cash that has been generated by the firm through its operations but has not been paid out to
Alex17521 [72]

Answer:

False

Explanation:

Retained earnings are not always kept in cash, there is no practical reason for it. Usually the corporation will use retained earning to finance future investment projects (so they don't need to borrow money) that will allow them to grow or expand, so most retained earnings are investing in something else and not held as cash.

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3 years ago
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