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3 years ago

Explain the difference between common and preferred stock? List the advantages and disadvantages of each.

1 answer:

7 0

Common stockholders will not receive any money before the preferred stock holders in the case of the company having to liquidate. So thats a disadvantage. Preferred stockholders tend to get higher dividends paid out to them, which is an advantage.

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For a 13-person team, how many extra workers should be hired to meet the labor hours needed without overtime

Paha777 [63]

For a 13-person team, The number of extra workers that should be hired to meet the labor hours needed without overtime is 7.

<h3>What is Labor hours?</h3>

This is a term that connote the total hours of workers that are said to be having or getting an hourly wage and they are the ones who are said to be directly employed on the site of a building, public works project, etc.

Note that "Labor hours" is one that entails hours of work that has been carried out by workers who have been employed by the general contractor or the subcontractors that are found to be working on the project.

Learn more about labor hours from

brainly.com/question/24868261

8 0

2 years ago

Southern Rim Parts estimates its manufacturing overhead to be $495,000 and its direct labor costs to be $900,000 for year 1. The

Zarrin [17]

Answer:

Job 301 $ 11,000

Job 302 $ 16,500

Job 303 $ 22,000

Explanation:

$\frac{Cost\: Of \:Manufacturing \:Overhead}{Cost \:Driver}= Overhead \:Rate$

To calculate the overhead rate <u>we divide the estimated overhead cost by the estimated cost driver:</u>

$\frac{495,000}{900,000}= Overhead \:Rate$

0.55 overhead rate

Job 301 $20,000 labor cost x 0.55 overhead rate

11,000

Job 302 $30,000 labor cost x 0.55 overhead rate

16,500

Job 303 $40,000 labor cost x 0.55 overhead rate

22,000

8 0

3 years ago

Kohler Corporation reports the following components of stockholdersâ equity on December 31, 2016:

Flauer [41]

Answer:

Explanation:

1. Jan 1

Paid Up Capital (6,000*15) Dr.$ 90,000

Paid in Capital in excess of par value Dr.$30,000

Treasury stock (6,000*20) Cr.$ 120,000

Jan 5. Dividend (55,000-6,0000=49,000*2) Dr.$98,000

Dividend Payable Cr.$98,000

Feb 28. Dividend Payable Dr.$98,000

Bank Cr.$98,000

July 6 Bank (2,250*24) Dr.$54,000

Paid up capital (2,250*15) Cr.$33,750

Paid in capital in excess of par (2250*9) Cr.$20,250

Aug 22 Cash (3,750*17) Dr.$63,750

Paid up capital (3,750*15) Cr.$ 56,250

Paid in capital in excess of par Cr.$7,500

Sept 5. Dividend (49,000+2,250+3,750)*2 Dr.$110,000

Divided Payable Cr.$110,000

Oct 28. Dividend Payable Dr.$110,000

Cash Cr.$110,000

Dec 31 Income Summary Account Dr.$428,000

Retained Earnings cr.$428,000

2.Statement of retained Earnings

Retained Earnings at beginning $460,000

Add; Net income for the year $428,000

Less: Dividends paid(98,000+110,000) ($208,000)

Retained earnings as at December 31,2017 $680,000

3. Stockholders' Equity Section of Balance Sheet

Retained earnings $680,000

Paid Up Capital Outstanding

(825,000-90,000+33,750+56,250) $915,000

Paid in capital in excess of par

(70,000-30,000+20250+7500) $67,750

Total stockholders' equity $1,662,750

4 0

3 years ago

On an application, what is a positive way to present an honest picture of yourself?

marusya05 [52]

D. <span>Add extra computer skills that you plan to learn.</span>

6 0

3 years ago

Read 2 more answers

Mr. Porter sells 10 bottles of champagne per week at a price of $50 per bottle. He can sell 11 bottles per week if he lowers the

sergey [27]

Answer:

See below.

Explanation:

Solve for bottles at $50:

10 × 50

$500 per week

Solve for bottles at $45:

11 × 45

$495

Mr. Porter would make more money by sticking with selling 10 bottles a week at $50 each. This is because the latter requires him to sell one extra bottle and he will still lose $5.

8 0

2 years ago