Answer: Participating preferred
Explanation:
Participating preferred is a stock which pays specific dividends rate to their customers and also receives additional dividends, this is made known Board of Directors and paid by the company, this meets up with the objectives a customers has for investing and having a stable income. It is so known as performance preferred and it gives the holder the benefit of collecting extra dividends.
Answer:
With respect to this lease, for 2018 Ogleby should record interest expense of $57,058 and depreciation expense of $107,225. The right answer is c
Explanation:
According to the given data we have the following:
PV of lease=$750,578
Annual payment=$180,000
Rate of interesr=10%
The interest expense would be calculated as follows:
Interest expense = ( PV of lease - Annual payment ) * Rate of interest
Interest expense = ( $750,578 - $180,000 ) * 10%
Interest expense = $57,058
Therefore, With respect to this lease, for 2018 Ogleby should record interest expense of $57,058 and depreciation expense of $107,225.
Answer:
<em>The answer is 17.01 minutes</em>
Explanation:
<em>Given that:</em>
<em>The learning rate (r) = 85% = 0.85</em>
<em> T₃₂= 23.52 minutes</em>
<em>By applying the learning curve formula</em>
<em>Thus,</em>
<em>Tₙ = T₁ nᵇ</em>
<em>Where b represent ln(r)/ln2</em>
<em>b = ln( 0.85)/ln2 = -0.2344</em>
<em>23.55 = T₁ * (32)^-0.2344</em>
<em>T₁ = 23.55 * (32)^0.2344</em>
<em>Now,</em>
<em>T₁₂₈ = T₁ (128)^ - 0.2344</em>
<em>= 23.55 * (32)^0.2344 * (128)^ - 0.2344</em>
<em>=17.01 minutes</em>
Answer:
<em>The Accounting Cycle is as follows:</em>
<em>1. Transactions are analyzed and recorded in the journal.
</em>
<em>2. Transactions are posted to the ledger.</em>
<em>3. An unadjusted trial balance is prepared.
</em>
<em>4. Adjustment data are asssembled and analyzed.
</em>
<em>5. An optional end-of-period spreadsheet is prepared.
</em>
<em>6. Adjusting entries are journalized and posted to the ledger.
</em>
<em>7. An adjusted trial balance is prepared.
</em>
<em>8. Financial statements are prepared.
</em>
<em>9. Closing entries are journalized and posted to the ledger.
</em>
<em>10. A post-closing trial balance is prepared.
</em>
<em />
Answer:
$17.04
Explanation:
Book value per share of equity = $5,125,000 / 490,000 = $10.46
Market price per share = $27.50
$27.50 - $10.46 = $17.04
