Ken's Krafts had sales of $39,059. They had $1,938 in merchandise

Herman Corporation had net income of $120,000 and paid dividends of $24,000 to common stockholders and $20,000 to preferred stoc

Mumz [18]

Answer:

20%

Explanation:

Return on common stockholders' equity is a ratio that shows how successful a company is in generating a return for the equity holders. It is worked out by dividing the net income available for common stockholders by common stockholders’ equity. It is expressed by the following formula:

Income available to common stockholders

= $\frac{Net Income - Preferred dividend }{ Average common stockholders' equity}$

Thus, return on common stockholders' equity

= $\frac{120,000 - 20,000}{500,000}$

= $\frac{100,000}{500,000} *100$

= 20%

8 0

3 years ago

Proponents of diversity management contend that diversity-related initiatives can help Canada with enlarging its global markets.

Furkat [3]

Answer:

the business case

Explanation:

This argument is an example of a business case. A business case tries to state the reasons behind initiating a project. It gives the justification for undertaking a project. A company can generate it's profit through a business case. This question is making an argument on how canada's global markets can be expanded through diversity-related initiatives. The argument mentions supporters of diversity management in driving it's points.

7 0

3 years ago

Brewer Inc. has 5,000 shares of 8%, $50 par value, cumulative preferred stock and 100,000 shares of $1 par value common stock ou

ASHA 777 [7]

Answer:

option 3 is correct answer that is $ 25000

Explanation:

Annual dividend paid to stakeholder = 5000\times $50\times 8% =$20,000

Dividend declared and paid in 2013 = $15,000

Preferred dividend = $20,000 -$15,000

= $5,000

since the available stocks are cumulative, No dividend has paid to common stockholders in the year 2014 until dividends in 2013 and annual dividends for the year 2014 are paid in full

therefore, $60,000 dividends declared and paid in 2014, the preferred stock holders will receive $5000 for 2013 dividend and $ 20,000 for 2014 dividends

total dividends received by preferred stock holder in 2014 $5000 + $20,000

= $25,000

5 0

3 years ago

A pressurized spray painter was purchased on April 1 of the fiscal year for $3,900. It has a useful life of 4 years and a residu

WITCHER [35]

Explanation:

The computation of the depreciation expense for the first year and the second year is shown below:

a) Straight-line method:

= (Original cost - residual value) ÷ (useful life)

= ($3,900 - $300) ÷ (4 years)

= ($3,600) ÷ (4 years)

= $900

In this method, the depreciation is same for all the remaining useful life

So, in year 2 the depreciation expense is also $900

(b) Double-declining balance method:

First we have to find the depreciation rate which is shown below:

= One ÷ useful life

= 1 ÷ 4

= 25%

Now the rate is double So, 50%

In year 1, the original cost is $3,900, so the depreciation is $1,950 after applying the 50% depreciation rate

And, in year 2, the $1,950 × 50% = $975

3 0

3 years ago

Which of the following types of organizational cultures is power-oriented and headed by a leader who is regarded as a caring par

Brilliant_brown [7]

Answer:

(B) The family culture is power-oriented and headed by a leader who is regarded as a caring parent

Explanation:

Family is likewise critical to how an individual grows in diverse cultures; a family shapes its very own one of a kind culture, that is, its "family culture". This family culture impacts individuals from the family because the way of life of a family shows people how to deal with strife, tune in, learn controls, and convey as a rule. These components affect how an individual carries on towards other relatives and others in the public arena and is based on what their families educate them.

7 0

3 years ago