Answer:
13.28%
Explanation:
return on stockholders' equity = net income after taxes and preferred stock dividends / average stockholders' equity
- net income = $1,429,000
- preferred stocks dividends = 8,000 stocks x $75 x 6% = $36,000
- average stockholders' equity = ($10,317,000 + $10,662,000) / 2 = $10,489,500
return on stockholders' equity = ($1,429,000 - $36,000) / $10,489,500 = 13.28%
Answer:
The most appropriate leadership style is the Visionary Leadership style
Explanation:
To successfully implement the new system, The leader needs to get his team mates' buy-in by helping them see the impact of the change on the business and how the change impacts their jobs and also emphasize their role in making the change happen successfully
With this style the leader:
1) is taking responsibility for facilitating the change and communicating how the change will happen.
2) Selling the vision by explaining and describing the vision and influencing his team.
3) Ensures the appropriate persons align the vision with their jobs and objectives.
Answer:
Capital market
Explanation:
The capital market is an aspect of the financial market where long term capital is raised. Funds raised in this market can be in the form of,
- Equity capital: which grants fund providers an ownership stake in the company, the prospect of future dividends (when declared), and voting rights in the company.
- Debt capital: which entitles fund providers to regular interest payments usually a fixed rate of the fund provided.
The nature of project (long or short term) usually determine the market to access for funding. For short term funding, a company can access such in the Money Market where short term funding (usually with maturity of less than one year) are raised.
Answer:
$61,200
Explanation:
The computation of the total period cost for the month under absorption costing is shown below:
= Fixed selling and administrative expense + Variable selling and administrative expense rate × number of units sold
= $34,000 + 6,800 units × $4
= $34,000 + $27,200
= $61,200
As we know that the period cost includes the major part of the selling expenses and we applied the same for the above computation
