C! service producing industries.
A network administrator is a person who maintains the network and information system infrastructure in a company. Jolene would likely do the same job description. She keeps updated with the system requirement at the bank to provide every transaction without a problem. She maintains and controls the network and information system at the bank to ensure there is no system problem<span>.</span>
Answer:
the required rate of return i r=0.13%
Explanation:
In order to calculate the required rate of interest in the case of a perpetual preferred stock we will use the following formula:
P(p) = D(p) / r
where P(p) is the preferred price of the stock, D(p) is the preferred dividend price and r is the required rate of interest.
This gives us the following values:
30 = 4 / r
r = 4 / 30
r = 0.13%
Answer:
Operating Income= $110,000
Explanation:
Giving the following information:
Robusta Coffee Importers sold 6,000 units in October at a sales price of $35 per unit. The variable cost is $ 15 per unit. The monthly fixed costs are $10,000.
The operating income is the difference between the contribution margin and the fixed costs:
Contribution margin= selling price - unitary variable cost
Operating income= Total contribution margin - fixed costs
OI= 6,000*(35 - 15) - 10,000= $110,000
Answer:
d) credit to Paid-in Capital from Treasury Stock for $30,000
Explanation:
The entry for profit in sale of treasury stock is as computed below
Account Details Debit Credit
Cash (5000*20) $100,000
To treasury stock (5000*14) $70,000
To Additional paid in capital (5000*6) $30,000