<u>Answer:</u> Shoe cut should focus on running shoes.
<u>Explanation: </u>
The resources of the company can be fully utilized when they are on the PPF ( Production Possibility Curve). Additional goods cannot be produced without foregoing another product. For the study we can consider that in combination B 12 units of running shoes are produced and 2 units of hiking boots are produced.
If the hiking boots are foregone then 3 units of running shoes can be produced additionally. The maximum capacity for running shoes is 15 and that of hiking shoes is only 10. So the Shoe Hut should focus on producing running shoes insert.
Answer:
(a) $16,000
(b) $12,000
Explanation:
Given that,
Shares of common stock issued = 4,000
Shares of preferred stock issued = 500
Preferred stock is cumulative, $100 par, with an 8% dividend rate.
Total dividend declared = $28,000
(a) Dividend for the year 2015:
= shares issued × Par value × Dividend rate
= 500 × $100 × 8%
= $4,000
Arrear for the three years:
= Dividend for the year 2015 × No. of years
= $4000 × 3
= $12,000
Therefore, the dividend paid to preferred stockholder's:
= Dividend for the year 2015 + Arrear for the three years
= $4,000 + $12,000
= $16,000
(b) Dividend paid to common stockholder's:
= Total dividend paid - Dividend paid to preferred stockholder's
= $28,000 - $16,000
= $12,000
Answer: The correct answer is "a. the dollar will depreciate and the peso will appreciate.".
Explanation: If the inflation rate in the United States rises relative to the inflation rate in Mexico, it follows that the dollar will depreciate and the peso will appreciate.
As inflation in the United States is higher, the dollar is affected by a loss of purchasing power, therefore it depreciates with respect to the Mexican peso.
Answer:
The proportion of people in your sample whose response is yes=40 people
Explanation:
<em>Step 1: Determine the statistical proportion that will say yes</em>
Proportion=40%=40/100=0.4
<em>Step 2: Determine the proportion in the sample that will say yes</em>
The proportion in the sample can be expressed as;
P=S×Z
where;
P=proportion in the sample
S=statistical proportion
Z=sample size
In our case;
P=unknown to be determined
S=40%=40/100=0.4
Z=100
replacing;
Proportion in the sample=0.4×100=40
The proportion of people in your sample whose response is yes=40 people
Answer:
Oak Co.
The amount that Oak should report as bonds payable, net of discount is:
$400,000.
Explanation:
a) Data and Calculations:
Cash from the issue of 400 bonds = 400 * $1,000 * 97/100 = $388,000
Interest rate = 8% semiannually on April 1 and October 1
Bonds payable = $400,000 ($1,000 * 400)
Date of bonds = October 1, 2003
Accrued interest from October 1, 2003 to January 1, 2004 = $8,000
b) The bonds payable is the face value of the bonds. It is the amount that will be due for repayment to bondholders on the maturity of the bonds in 10 years' time, precisely on October 1, 2013.