At a business meeting, mr. smith is asked his opinion about a company proposal to give bonuses to workers who go above and beyond. mr. smith will be using what form of delivery?
I believe your answer is:
economies of scale
Answer:
$75,000
This option has not been provided
Explanation:
Cash provided by operating activities
Net Operating Income
Add: Depreciation
Add: Decrease in current assets
Add: Increase in Current Liabilities
Using the information in question, we have
Cash Provided by operating activities = $57,000 + $5,000 + $4,000 + $9,000 = $75,000
None of the above is the right answer as the correct option is not available.
Answer:
Explanation:
The journal entries are shown below:
Taxes expense A/c Dr $12,320
To Prepaid Taxes $12,320
(Being prepaid taxes are adjusted)
Taxes expense A/c Dr $45,000
To Property taxes payable $45,000
(Being property taxes are adjusted)
The prepaid taxes are computed below:
= Prepaid taxes × (number of months ÷ total number of months in a year)
= $18,480 × (8 months ÷ 12 months)
= $12,320
The eight months is calculated from May 1 to December 31
Answer:
Participating
Explanation:
Preferred stock has a feature that allows it to share with common shareholders in any dividends paid in excess of the percent or dollar amount stated on the preferred stock. This feature is called: PARTICIPATING PREFERRED STOCK
This is because Participatory preferred stock gives an extra profit assurance to stockholders. Typically, all preferred stocks have a fixed dividend rate, which is the main benefit.
However, in the event where the issuing company meets specific financial targets, holders of participating stocks will get more dividend payments above the normal fixed rate.
