I need to figure out the owners equity ! HELP

ABC Corporation, has an issue of preferred stock outstanding that pays a $2.50 dividend every year in perpetuity. This stock iss

Liono4ka [1.6K]

Answer:

the required return on the preferred stock is 3.33%

Explanation:

The computation of the required return on the preferred stock is shown below:

= Dividend ÷ Selling price per share

= $2.50 ÷ $75

= 3.33%

Hence, the required return on the preferred stock is 3.33%

We simply applied the above formula

8 0

2 years ago

Patagonia, a multinational sports apparel company, is planning to launch its extreme weather gear product line in Nepal and the

bagirrra123 [75]

Answer: Create a sales plan that aims to enhance initial sales and market penetration with low prices based on high operational costs.

Explanation:

An emerging market is the economy of acountru that's developing and therefore,.such country is becoming more engaged with the global markets due to its growth and expansion as it grows.

The advise that'll be given to Patagonia to omit from consideration in crafting a strategy to enhance future profits in these two emerging markets is to create a sales plan that aims to enhance initial sales and market penetration with low prices based on high operational costs.

6 0

2 years ago

Search... Unlock all answers JOIN FOR FREE jswagballerlife4060 01/08/2020 Business College answered LO 5.3Direct material costs

Tomtit [17]

Answer:

$130,000

Explanation:

Calculation to determine the value of the inventory transferred to the next department

First step is to calculate the Cost per unit

Using this formula

Cost per unit = Direct material costs + Direct labor costs + Overhead

Let plug in the formula

Cost per unit=$3+$5+(100%*$5)

Cost per unit = $3 + $5 + $5

Cost per unit = $13

Second step is to calculate the inventory transferred using this formula

Inventory transferred = Beginning inventory + Started Inventory - Ending inventory .

Let plug in the formula

Inventory transferred = 2,000 + 9,000 - 1,000

Inventory transferred = 10,000 units

Now let calculate the value of the inventory transferred

Using this formula

Value of inventory transferred = Inventory transferred × Cost per unit

Let plug in the formula

Value of inventory transferred = 10000 × $13

Value of inventory transferred = $130,000

Therefore the value of the inventory transferred to the next department is $130,000

8 0

2 years ago

Manufacturing overhead $ 364,000 $ 416,000 $ 93,600 $ 873,600 Direct labor $ 208,000 $ 104,000 $ 312,000 $ 624,000 Jobs require

Hoochie [10]

Answer:

manufacturing overhead is allocated based on direct labor:

fabricating machining assembling total

Direct labor $208,000 $104,000 $312,000 $624,000

Man. overhead $364,000 $416,000 $93,600 $873,600

overhead rate 1.75 4 0.30 1.4

Koopers job: using departmental overhead rates

fabricating machining assembling total

Direct materials $3,800 $400 $2,200 $6,400

Direct labor $4,400 $700 $7,000 $12,100

overhead rate 1.75 4 0.30

Man. overhead $7,700 $2,800 $2,100 $12,600

total cost $15,900 $3,900 $11,300 $31,100

bid price (150% of total manufacturing cost) = $46,650

Koopers job: using plantwide overhead rate

fabricating machining assembling total

Direct materials $3,800 $400 $2,200 $6,400

Direct labor $4,400 $700 $7,000 $12,100

overhead rate 1.4

Man. overhead $16,940

total cost $35,440

bid price (150% of total manufacturing cost) = $53,160

3 0

2 years ago

For each of the following separate situations, prepare he necessary accounting adjustments using the financial statement effects

mash [69]

Answer:

depreciation expense equipment 610 debit

accumulated depreciation equipment 610 credit

utilities expense 390 debit

utilities payable 390 credit

rent expense 700 debit

prepaid rent 700 credit

insurance expense 468 debit

prepaid insurance 468 credit

wages expense 965 debit

wages payables 965 credit

interest receivables 300 debit

interest revenue 300 credit

Explanation:

(C) rent calculations

2,800 --> four period of rent

2,800 / 4 = 700 per period

(D) insurance calculations

624 for the entire years

expired 9 months in this period

$624 x 9/12 = 468

8 0

2 years ago