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3 years ago

Suppose the price increases from $30 to $40. demand is

Business

1 answer:

matrenka [14]3 years ago

7 0

The demand for the product must have increased

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Outstanding stock of the West Corporation included 40,000 shares of $5 par common stock and 10,000 shares of 5%, $10 par non-cum

emmasim [6.3K]

Answer:

$6,000

Explanation:

The computation of the dividend amount distributed to preferred shareholders is shown below:

= Number of non-cumulative preferred stock shares × par value per share × dividend rate

= 10,000 shares × $10 × 6%

= $6,000

In the case of the non-cumulative preferred stock, if there are dividend arrears, the same is not paid.

Simply we multiplied the preferred stock share by the par value and the dividend rate so that the estimated value can come

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3 years ago

The following data relate to labor cost for production of 22,000 cellular telephones:

Anuta_ua [19.1K]

Answer:

Results are below.

Explanation:

Giving the following information:

Production= 22,000 units

Actual: 4,220 hrs. at $44.50

Standard: 4,160 hrs. at $46.00

<u>To calculate the direct labor time and rate variance, we need to use the following formula:</u>

Direct labor time (efficiency) variance= (Standard Quantity - Actual Quantity)*standard rate

Direct labor time (efficiency) variance= (4,160 - 4,220)*46

Direct labor time (efficiency) variance= $2,760 unfavorable

Direct labor rate variance= (Standard Rate - Actual Rate)*Actual Quantity

Direct labor rate variance= (46 - 44.5)*4,220

Direct labor rate variance= $6,330 favorable

Total variance= 6,330 - 2,760

Total variance= $3,570 favorable

5 0

3 years ago

Johnson Battery Systems recently reported $9,000 of sales, $6,000 of operating costs other than depreciation, and $1,500 of depr

muminat

Answer:

$1,100

Explanation:

EBIT = Sales - Costs - Depreciation

= $9,000 - $6,000 - $1,500

= $1,500

Net income = EBIT - Tax @ 40%

= $1,500 - $600

= $900

Operating cash flow = Net income + Depreciation

= $900 + $1,500

= $2,400

Free cash flows:

= Operating cash flow - Increase in working capital - Capital expenditure

= $2,400 - $500 - $800

= $1,100

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3 years ago

Eleanor takes several high-cost prescription drugs. She would like to enroll in a standalone Part D prescription drug plan that

Fiesta28 [93]

A ....................

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4 years ago

Read 2 more answers

HELP me please

lara31 [8.8K]

Brainly can solve anything

4 0

4 years ago