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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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Q 6.30: Rollins Technology is determining ending inventory. In the inventory process, Rollins inadvertently miscategorized a $9,

Musya8 [376]

Answer:

Rollins Technology should the $9,600 inventory to the value of their inventory count

Explanation:

FOB destination means the goods become the buyer's when they are at delivery point,which means that until then they are goods of Rollins Technology

Mis-categorizing such goods as FOB shipping point implies that they were assumed to belong to the owners once shipped,all that is required is for the company to restate the value of the goods in transit by adding it back to the its inventory.

5 0

3 years ago

Lakers Company produces two products. The following information is available: Product X Product Y Selling price per unit $46 $36

never [62]

Answer:

A) Contribution margin : Product X: $8; Product Y: $12

B)The expected net income: $18,000

C) Break-even point in units for each product is Product X 19,500 units, Product Y 6,500 units.

D) Break-even point in units for each product is Product X 14,625 units, Product Y 9,750 units.

Explanation:

A) Contribution margin for each product:

Product X = Selling price of X - Variable cost of X = 46 - 38 = $8

Product Y = Selling price of Y - Variable cost of Y = 36 - 24 = $12

B) The expected net income:

Expected net income = Contribution margin of product X x Units of Product X sold + Contribution margin of product Y x Units of Product Y sold - Fixed cost = 8 x 21,000 + 12 x 7,000 - 234,000 = $18,000

C) The break-even point in units for each product assuming the sales mix is 3 units of Product X for every 1 unit of Product Y:

Denote a is the number of Y BEP (in units) => 3a is the number of X in BEP (in units)

We have 3a x 8 + a x 12 = 234,000 <=> 36a = 234,000 <=> a = $6,500 <=> 3a = 19,500

Thus, break-even point in units for each product is Product X 19,500 units, Product Y 6,500 units.

D) The break-even point in units for each product assuming the sales mix is 3 units of Product X for every 2 units of Product Y:

Denote b is the number of Y BEP (in units) => 3b/2 is the number of X in BEP (in units)

We have 3b/2 x 8 + b x 12 = 234,000 <=> 24b = 234,000 <=> b = $9,750 <=> 3b/2 = 14,625

Thus, break-even point in units for each product is Product X 14,625 units, Product Y 9,750 units.

3 0

3 years ago

What are two goals for a firm that implements an effective crm program?.

Nat2105 [25]

The two major goals for a firm that implements an effective CRM program are;

To capture new leads and move them through the sales process.
To boost productivity and lower the overall costs of marketing and sales.

<h3>An effective CRM program;</h3>

The overall business goals of CRM systems are to help organizations by means of the following;

1. Capture new leads and move them through the sales process

2. Support and manage relationships with current customers to maximize their lifetime value to the company

3. Boost productivity and lower the overall costs of sales and marketing.

Read more on CRM program;

brainly.com/question/13732314

7 0

3 years ago

________ staffing policy can be expensive to implement because training and relocation costs increase when transferring managers

BlackZzzverrR [31]

Answer:

The correct answer is A geocentric.

Explanation:

According to Simon L. Dolan in his book "Human Resource Management", there are four approaches to international human resource management:

Ethnocentric approach: According to this, the headquarters controls the human resources activities, and it is the expatriates from the country of origin who run the subsidiaries.
Polycentric approach: Each country is treated as an independent entity, in which some decisions are made locally.
Regiocentric approach: staff can be promoted within a region, but usually never to headquarters.
Geocentric approach: A transnational philosophy is adopted, seeking personnel with the highest qualification regardless of their nationality.

The process of expatriation of employees constitutes one of the greatest challenges that the organization faces throughout the process.

8 0

4 years ago

Albert had a terminal illness that would require almost constant nursing care for the remaining two years of his estimated life,

Anvisha [2.4K]

Answer:

Albert is not required to recognize any gross income because of his terminal illness.

Explanation:

There will be no such tax consequence for Albert when he cashed out the policy. This is because of the fact that he qualified for death benefit exclusion for his Life insurance policy

5 0

3 years ago