Answer: Option (a) is correct.
Explanation:
Given that,
Dividend in 2016 = $20,000
Preferred Shares = 400
Par Value of Preferred Stock = 400 × 10 = $4000
Rate of Dividend of Preferred Stock = 5%
(a) Dividend to preferred Shareholders:
= Par Value of Preferred Stock × Rate of Dividend
= $4000 × 5%
= $200
(b) Dividend to Common Shareholders:
= Total Dividend - Dividend to Preferred Shareholders
= $20,000 - $200
= $19,800
Answer:FALSE
Explanation:Sydney can not sell them to another person as he does not have the legal authority to sell copies of the book.
Copyright laws prohibits persons or Organisations who are not the rightful owner of the publishing or marketing of Art works,in certain societies trade marks are given to certain Organisation or agents. Violating this right might lead to legal prosecution either by the Government or the owner of the right.
Answer:
Alternative 2
Explanation:
Calculation to determine Which alternative should be selected based on this information
Item Alt. 1 Alt. 2
Alt. 1 Alt. 2
Projected revenue $100,000 $125,000
Unit-level costs (20,000) (30,000)
Batch-level costs (20,000) (25,000)
Product-level costs (15,000) (15,000)
Facility-level costs (10,000) (10,000)
Profit $ 35,000 $ 45,000
Thereforer Based on the above calculation the alternative that should be selected based on this information will be ALTERNATIVE 2 because it has a higher profit of the amount of $45,000
Answer:
The correct answer is option A.
Explanation:
Marginal cost is the cost of producing an additional unit of output. It is the increase in the total cost when an additional unit of output is produced.
The marginal cost curve is a U shaped curve. Initially, the marginal product of labor is rising, so the marginal cost will be decreasing. But after reaching a certain maximum point, the marginal product of labor starts declining. At the same time, the marginal cost of production will start rising.
Answer:
Interest Revenue for $37.50
Explanation:
The interest that has accrued on the note receivable from December 16 till December 31(for 15 days) needs to be recognized at the end of the year since the interest for those days has been earned.
Based on 30-day month counting, the interest that would be credited to interest revenue and debited to interest receivable on 31 December is computed thus:
interest receivable=$15000*6%*15/360
interest receivable=$37.50