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Sergio [31]
3 years ago
6

Zwick Company bought 25,000 shares of the voting common stock of Handy Corporation in January 2021. In December, Handy announced

$208,100 net income for 2021 and declared and paid a cash dividend of $5.00 per share on all 208,000 shares of its outstanding common stock. Zwick Company's dividend revenue from Handy Corporation in December 2021 would be:
Business
2 answers:
sp2606 [1]3 years ago
8 0

Answer:

$125,000

Explanation:

Zwick company bought 25,000 shares of Handy corporation

In 2021 Handy corporation reported $208,100 net income

The cash dividend reported is $5.00 per share on all its 208,000 shares

Therefore the Zwicks company dividend revenue from Handy corporation in December 2021 can be calculated as follows

= 25,000 shares × $5.00

= 125,000

Hence Zwick's dividend revenue from Handy corporation is $125,000

kow [346]3 years ago
8 0

Answer:

$125,000

Explanation:

Calculation for what Zwick Company's dividend revenue from Handy Corporation in December 2021 would be

Using this formula

Dividend revenue= Voting common stock shares *Cash dividend per share

Let plug in the formula

Dividend revenue=25,000 shares*$5.00 per share

Dividend revenue=$125,000

Therefore Zwick Company's dividend revenue from Handy Corporation in December 2021 would be $125,000

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Blababa [14]

Answer: $197

Explanation:

With absorption costing, the fixed manufacturing costs are absorbed by the products which means that the product cost will include fixed costs related to manufacturing.

The absorption costing unit product cost is therefore:

= Direct materials + Direct Labor + Variable manufacturing overhead + Fixed manufacturing Overhead per unit

Fixed manufacturing overhead per unit is:

= 224,000 / 6,400 units

= $35 per unit

Absorption cost unit product cost = 72 + 80 + 10 + 35

= $197

8 0
3 years ago
If a country has positive net capital outflows, then its net exports are a. positive, and its saving is larger than its domestic
Hoochie [10]

Answer:

<em>a. positive, and its saving is larger than its domestic investment.</em>

Explanation:

Whenever a country has positive net capital outflows,<em> then the net exports will be absolutely positive.</em> Because, if a country has positive net exports, then the country has less number of imports as compare to the exports.

As country has to export its goods to other countries and bring back less amount of imports, and<em> not have to invest its amount domestically inside its country because it already took goods from foreign.</em> So here, we can say that OPTION(a) is correct.

3 0
3 years ago
Range Economies of Scale Constant Returns to Scale Diseconomies of Scale More than 400 bikes per month Fewer than 300 bikes per
RideAnS [48]
  • Diseconomies of scale result from monthly bike sales of more than 400.
  • Economies of scale = fewer than 300 bikes each month
  • Monthly bike sales of between 300 and 400 bikes = Constant Returns to Scale.
<h3>What is Diseconomies of scale?</h3>
  • Diseconomies of scale are the cost disadvantages that economic actors experience as a result of growing their organizational size or their output.
  • Which leads to higher per-unit costs for the production of products and services.
  • Economies of scale are opposed by the idea of diseconomies of scale.
<h3>What is Economies of scale ?</h3>
  • The cost advantages that businesses experience as a result of their size of operation are known as economies of scale.
  • And they are often quantified by the amount of output generated in a given amount of time.
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<h3>What is Constant Returns to Scale?</h3>
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Learn more about Constant Returns to Scale here:

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7 0
2 years ago
Spectacular Corporation began the year with accounts​receivable, inventory, and prepaid expenses totaling $67,000. At the end of
bixtya [17]

Answer:

Explanation:

The preparation of the Cash Flows from Operating Activities—Indirect Method is shown below:

Cash flow from Operating activities - Indirect method

Net income $82,000

Adjustment made:

Add : Depreciation expense $10,000

Less  : Gain on the sale of land ($3,000)

Less: Increase in current assets -$11,000 ($78,000 - $67,000)

Less: Decrease in current liabilities -$1,000 ($43,000 - $44,000)

Total of Adjustments -$5,000

Net Cash flow from Operating activities $77,000

6 0
3 years ago
produces sports socks. The company has fixed expenses of $ 75 comma 000$75,000 and variable expenses of $ 0.75$0.75 per package.
8090 [49]

Answer:

Results are below.

Explanation:

Giving the following information:

Selling price= $1.5

Unitary variable cost= $0.75

Fi<u>rst, we need to calculate the unitary contribution margin:</u>

<u></u>

Contribution margin= selling price - unitary variable cost

Contribution margin= 1.5 - 0.75

Contribution margin= $0.75

<u>Now, we can calculate the contribution margin ratio:</u>

contribution margin ratio= contribution margin/selling price

contribution margin ratio= 0.75/1.5

contribution margin ratio= 0.5

7 0
3 years ago
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