Yuri wants to pay for his new chair using a check. What must he consider before using that method of payment?

A company's employee database includes each employee's compensation. a) is this variable discrete or continuous? b) what ar

il63 [147K]

<span>A company's employee database includes each employee's compensation.

Part a)

An employees compensation is a continuous variable because it can take fractional values.

Monetary values doest have to be an integer it also takes decimal values.

Part b)

The possible values it can take on are any value in the interval of compensations for the employee's level.</span>

4 0

3 years ago

Assume that you would like to purchase 100 shares of preferred stock that pays an annual dividend of $6.00 per share. However, y

butalik [34]

Answer:

$267.1211

Explanation:

return on preference share per unit is $6 , thus at 12% annual rate of return. Initial value of preference shares will be $50 per unit ( $6 divided by 12%).

Total value of preference shares = $50 multiplied by 100 preference shares = $5000

Future value of preference shares = 5000 (1.12)^5 = $8,811.7084

to find the value of money to be deposited to be able to buy the preference shares at the end of 5 yrs.

we work back to get the present value using the mutual fund annual rate

$8811.7084 = pv (1.06)^60 the rate is compounded monthly. Hence we shall compound the return 60 times in 5 years

Bank account money = 8811.7084 divided by 32.9877 = $267.1211

5 0

3 years ago

Mustang Corporation had 100,000 shares of $2 par value common stock outstanding. On December 31, 2018, the company's board of di

dezoksy [38]

Answer:

The following entry is made on the declaration date:

Retained Earnings ( 20,000 x $10) $200,000 Debit

Common Stock Dividend Distributable $40,000 Credit

Paid in Capital in Excess of Par $160,000 Credit

At the moment of been distributed the additional shares to the stockholders the company register the following entry:

Common Stock Dividend Distributable $40.000 Debit

Common Stock $40.000 Credit

Explanation:

When the company declares a stock dividend it does not involve cash, it means that each stockholder will get an additional percentage of shares.

As the total value of stock it's the same, then the value per share decrease related to the price before the stock dividend because there are more shares outstanding.

On December 31, 2018, the company's board of directors declares a 20 percent stock dividend.

As the total shares outstanding are 100,000 , the stock dividend will be 20,000 more shares.

The following entry is made on the declaration date:

Retained Earnings ( 20,000 x $10) $200.000 Debit

Common Stock Dividend Distributable $40.000 Credit

Paid in Capital in Excess of Par $160.000 Credit

At the moment of been distributed the additional shares to the stockholders the company register the following entry:

Common Stock Dividend Distributable $40.000 Debit

Common Stock $40.000 Credit

5 0

3 years ago

Read 2 more answers

According to the human relations approach, employee commitment to an organization is gained by ______. Select one: 1. economic m

NemiM [27]

Answer:

"4"

Explanation:

Human relations approach to employees management believes that employees are not only motivated by financial incentives but other factors like praises , interpersonal relationship and delegation of roles and this in return , boost their commitment.

The managers are involved in active support of employees' growth and performance.

It underscores the importance interpersonal and social relationship in a work environment.

5 0

3 years ago

If investors speculate in derivative contracts rather than the underlying asset, they will probably achieve ________ returns, an

Ede4ka [16]

Answer:

Explanation: do your best and i hope you do good

8 0

2 years ago