Answer:
Net income available to common stockholders is $1,075,000
Explanation:
Net Income $1,250,000
To Preferred Shareholders <u>$175,000 </u>
Net income available to <u>$1,075,000</u>
common stockholders
Basic earnings per share = Net income available to common stockholders / weighted average shares of common stock
Basic earnings per share = $1,075,000 / 380,000
Basic earnings per share = $2.8290 per share.
Answer:
Organizational effectiveness
Explanation:
Organizational effectiveness is the process by which an organization is effective at achieving its required goals and objectives. The principles by which an organization can achieve its objective are:
1) Leadership: the manager must define key objective an execute them daily in other to achieve high productivity.
2) Communication: the manager must ensure that his or her message is understood consistently in other to achieve outstanding results.
3) Accountability: the manager must ensure that his or her employees are well disciplined and has the ability to learn new things.
4) Measurement: the manager must be able to measure the work progress to know if the organization is running at a profit or loss.
F M L A which is the Family & Medical Leave Act provides certain employees with up to 12 weeks of unpaid leave for things like birth or adoption of a child, caring for a sick relative, or undergoing cancer treatment.
Answer:
A, B , and E
Explanation:
<u>A. Budgeted purchase prices were set without careful analysis of the market</u>
Budgets are prepared using estimated prices. As much as possible, the budget prices should be the same as market prices. It may happen that during price estimation, some aspects could have been ignored, leading to incorrect purchase prices. It could be possible that the budget prices are overstated. In such a scenario, there would be a favorable price variance to the business.
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<u>B. Materials prices decreased unexpectedly due to industry oversupply</u>
The supply and demand forces determine the prices of raw materials. Low supply will lead to an increase in price as many buyers chase few goods. Constant demand and supply create stable prices. A sudden increase in supply will lead to reduced prices, which will cause favorable variances to the business.
<u>E. The materials purchasing officer negotiated more skillfully than was planned in the budget.</u>
The purchasing manager does the actual buying in any organization. Should the manager be a skilled negotiator, the business stands a better chance of buying goods at low prices. In this case, the purchasing manager negotiated for better prices. The results will be a positive price variance for the company.
Venture capital firms are companies that invest in start-up businesses with high growth potential in exchange for an ownership stake.
A venture capitalist helps fund companies with high-potential to growth in exchange for part ownership (Stocks). There is a lot of risks involved with this because the company is brand new, so the outcome of success is unknown.
