Answer:
Preferred stock shares the combined characteristics of common stock and bonds.
The cash flows associated with preferred stock are recorded in the financing activity section of the statement of cash flows. The first is the receipt of cash (cash inflow) when preferred stock shares are issued. The second is the payment of preferred stock dividends (cash outflow).
Explanation:
The characteristics of common stock shared by preferred stock are there is no fixed maturity date, no repayment of initial investment, preferred dividends do not force the company into bankruptcy, and dividends are not deductible for tax purposes. The characteristics of bonds that preferred stock shares are fixed interest rate, preferential treatment in liquidation and in the payment of dividends, and non-participation in the residual profits.
Answer:
This is a case of low moral intelligence,option A.
Explanation:
Moral intelligence is the ability to differentiate right from wrong as well as acting based on what one thinks is right.
Moral intelligence is a function of one's uprightness and envisaging the consequences of an action.
All in all, the top executive should have known that the information about his stock performance is a classified information not meant for everyone's consumption,hence his moral intelligence at the lowest ebb.
Answer:
b.direct materials of $47,248
Direct labor=$57,965
Variable Utilities=8,758
Supervisor salaries $14,600
Explanation:
Computation of flexible budget
FLEXIBLE BUDGET
Direct materials
$41,000/10,500*12,100
Direct materials= $47,248
Direct labor=50,300/10500*12100
Direct labor=$57,965
Variable Utilities
=7600/10500*12100
Variable Utilities=8,758
Supervisor salaries $14,600 Fixed cost
Answer:
A. current assets less current liabilities
I think this is answer
Explanation:
hope it help you
Answer:
The cash that was received from collections of accounts receivable is $872,600
Explanation:
Cash collections
= Begining A/R balance + Credit Sales - Ending A/R balance - write-offs
= $240,000 + $945,000 - $300,000 - $12,400
= $872,600
Therefore, The cash that was received from collections of accounts receivable is $872,600
