Answer:
Part 1:
Part 2:
Explanation:
Part 1: (the book value per share of the preferred and common stock under No preferred dividends are in arrears)
Book value per share of the preferred :
In our case Cumulative dividends=0
Book value per share of the common stock:
In our case Cumulative dividends=0
Part 2:
Annual Preferred Dividend=4%*$25*10,000=$10,000
Three years of preferred dividends are in arrears= 3*Annual Preferred Dividend
Three years of preferred dividends are in arrears= 3*$10000=$30,000
Formula for the book value per share of the preferred is same as above,so we will direct calculate:
In our case Cumulative dividends=$30,000
Book value per share of the preferred :
Book value per share of the common stock:
Formula for the book value per share of the common stock is same as above,so we will direct calculate:
Answer:
Cindy has more amount than Jimmy.
Explanation:
Amount invested by Cindy P = $3000
Annual rate of interest = 8%
As the amount is compounded semiannually
So rate of interest 
%
Time = 20 year
So time period n = 20×2 = 40
So amount own by Cindy 
$
Amount deposit by jimmy P = $3000
Annual rate of interest = 7.75 %
As the amount is compounded monthly
So rate of interest 
%
Time period = 20×12 = 240
So amount own by Jimmy
$
From the calculation we can see that Cindy has more amount than Jimmy.
Answer:
Gross profit = $790000
Explanation:
Suppose:
Sales = 1000000
Cost of goods sold = 200000
Actual overhead = 100000
Direct labor used = 15000 hours
Predetermined rate = $ 6 per hour
Computation of gross profit:
Sales = 1000000
less:<u> Cost of goods sold</u> =200000
Add: under applied overhead (w#1) = <u>10000</u>
(<u>210000</u>)
Gross profit 790000
(w#1) Applied overhead = Actual labour hours * predetermined rate
= 15000 * 6 = $90000.
Actual overhead = <u>100000</u>
Under applied overhead 10000
Answer:
A. 353,150
Explanation:
To get The appropriate number of shares to be used in the basic earnings per share for 2016,
You subtract the stock that was acquired in September from the Beta company shares.
Thus
(340,000*1.06) - (29,000*3/12) = 353,150.
353,150 is the number of shares to be used for computing September 2016 shares.
Answer:
Bro what is the rest of the question, without it no1 can help u
Explanation:
