Answer:
Option (B) is correct.
Explanation:
Given that,
Actual hours used = 45,000
Actual rate per hour = $15.00
Standard rate per hour = $14.50
Standard hours for units produced = 47,000
Direct Labor Efficiency Variance:
= (Standard Hours for units produced - Actual Hours used) × Standard Rate per hour
= (47,000 - 45,000) × 14.50
= 29,000 Favorable
Answer: kp = D/Po
D = 0.07 X $100 = $7
kp = 7/63
kp = 11.11%
Explanation: The dividend paid on the preferred stock is 7 percent of the par value and the current market price is $63. Thus, the cost of preferred stock can be obtained by dividing the dividend paid by the current market price of the preferred stocks.
Answer:
The answer is E. $15 million
Explanation:
We have the bank's net liquidity position is equal to its Cash inflow - Cash outflow.
Cash inflow = incoming deposits + revenues from the sale of nondeposit services + customer loan repayments + sale of bank assets + money market borrowings= 30 million + 15 million + 25 million + 5million + 45 million = $120 million
Cash outflow = deposit withdrawals + acceptable loan requests + repayments of bank borrowings + cash outflows to cover other operating expenses + dividend payments to its stockholders = 20 million + 60 million + 10 million + 5 million + 10 million = $105 million
So, net liquidity position is: 120 million - 105 million = $15 million.
So, the answer is E. $15 million.
A written warning. Many businesses "write a person up" for inappropriate behavior which can lead to dismissal if frequent.
