Issued a note with the proceeds used to finance the cost of acquiring journal entry

Ulysses S. Grant appears on the front of which denomination of US. currency?

julia-pushkina [17]

The 50 dollar bill has a picture of Ulysses S. Grant

5 0

3 years ago

MNO preferred stock pays a dividend of $2 per year and has a price of $20. If MNO's tax rate is 21 percent, the required rate of

soldi70 [24.7K]

The required rate of return on its preferred stock is found by using PW = D/R.

<u>Given Information</u>

Dividend per year = $2

Stock price = $20

Tax rate = 21%

Required rate of return (R) = ?

The formula for use to derive the Required rate of return includes PV = D/R, where PW means Present worth, D = Dividend per year and R means Required rate of return.

PV = D/R

$20 = $2 / R

$20 * R = $2

R = $2 / $20

R = 0.1

R = 10%

Therefore,, the required rate of return on the preferred stock is 10%.

In conclusion, the required rate of return on its preferred stock is found by using PW = D/R.

See similar solution here

<em>brainly.com/question/17322679</em>

7 0

2 years ago

Independent surveys suggest that companies cannot easily quantify the effects of diversity. How would you suggest that Alliant m

nata0808 [166]

How would you suggest that Alliant measure the effects of a diverse workforce?

Different background and more diversity can contribute for new strategies and innovation for the company. The effects of diversity can be directly quantified after hiring more diverse people into a determined sector and by comparing the profits before and after hiring. In other words, the UX of a product made by a company mostly with individuals from a social group A cannot easily design a product which a group B can identify themselves.

For example, the design of a woman intimate personal care products made exclusively by man might originate products which aren't that good as designed products made by a diverse group man and woman.

If a company ignored workforce diversity, how might it be affected?

The company can stuck into a non-creative solution and/or stays in sector without innovation. A company without innovation might be fragile to the competition companies.

6 0

3 years ago

Read 2 more answers

An aircraft factory manufactures airplane engines. The unit cost (the cost in dollars to make each airplane engine) depends on t

nataly862011 [7]

Answer:

Incomplete question

Complete question:

An aircraft factory manufactures airplane engines. The unite cost C ( the cost in dollars to make each airplane engine) depends on the number of engines made. If x is the number of engines made, then the unit cost is given by the function C(x)=0.8x^2-160x+26848. What is the minimum unit cost? not rounded

Answer: $18848

Explanation:

Since we have the function

C(x) = 0.8x²-160x+26,848

Firstly, we differentiate

C'(x) = 1.6x - 160

The minimum cost will occur where x = 100.

The vertex of a parabola (quadratic equation) occurs where X = -b/2a, in this case we have that

X = 160/(2×0.8) = 100

Therefore, we substitute x = 100 into the original equation

We have that

C(x) = 0.8(100)²-160(100)+26848

C(x) = 8000-16000+26848

C(x) = $18848

8 0

3 years ago

Moskowitz Corporation has provided the following data for its two most recent years of operation: Selling price per unit $ 91 Ma

Molodets [167]

Answer:

Moskowitz Corporation

The net operating income (loss) under variable costing in Year 2 is closest to:

= $56,000.

Explanation:

a) Data and Calculations:

Selling price per unit $ 91

Manufacturing costs:

Variable manufacturing cost per unit produced:

Direct materials $ 13

Direct labor $ 7

Variable manufacturing overhead $ 3 23

Contribution per unit $ 68

Fixed manufacturing overhead per year $480,000

Selling and administrative expenses:

Variable selling and administrative expense per unit sold $ 6

Fixed selling and administrative expense per year $ 84,000

Year 1 Year 2

Units in beginning inventory 0 3,000

Units produced during the year 12,000 10,000

Units sold during the year 9,000 10,000

Units in ending inventory 3,000 3,000

Year 2:

Income Statement:

Sales Revenue ($91 * 10,000) = $910,000

Variable manufacturing costs 230,000 ($23 * 10,000)

Variable selling and admin. 60,000 ($6 * 10,000)

Contribution margin $620,000

Fixed manufacturing costs 480,000

Fixed selling and admin. costs 84,000

Net operating income (loss) $ 56,000

8 0

2 years ago