If it costs $5.10 to get $4.10 from Friendly's then the loanee would pay about 24% which is a pretty high interest rate and presumably the interest rate would decrease with a higher amount loaned as on a larger amount the actual amount of interest earned would still be significant with a lower interest rate.
2 year college = associates degree you can earn this in community colleges or technical colleges. 4 year degree = bachelors degree this is the highest you can go in college or university therefore is very awarding.
The Nazi soldiers were given order to shoot anyone who could not keep up with the march. Those who escape shooting would probably be trampled upon by the moving multitude. <span />
Answer:
The answer is : The payment to common shareholders will total $19,500
Explanation:
Because preferred share has priority to receive dividend over common shares, the amount of dividend declaration must fulfill the firm's commitment to its preferred shareholders before the residual amount may be distributed among common shareholders.
Amount of dividend needs to be paid to preferred share holders = Number of share x Par value per preferred share x % dividend = 1,000 x 10 x 5% = $500.
The residual amount of dividend declaration which will go to common shareholders = 20,000 - 500 = $19,500.
=> Thus, the answer is $19,500.
Answer:
Total cost of the units made in January = $35,400
Explanation:
Direct material cost in January = Direct material cost per unit * Units produced in January = $20 * 600 = $12,000
Direct labor cost in January = Direct labor cost per unit * Units produced in January = $30 * 600 = $18,000
Overhead costs in January = (Units produced in January / Expected units for the year) * Expected overhead costs for the year = (600 / 6,000) * $54,000 = $5,400
Therefore, we have:
Total cost of the units made in January = Direct material cost in January + Direct labor cost in January + Overhead costs in January = $12,000 + $18,000 + $5,400 = $35,400
