Answer:
No
Explanation:
As a common stock holder, Marcus falls among the last class of stakeholders to be settled in XO's dissolution. A typical hierarchy of settlement during company dissolution is
- Secured creditors
- Unsecured creditors
- Preference stock holder
- Common stock holder
As such, as a common stock holder, Marcus will only be paid after all creditors and preference stock holders have been paid. And given that companies in liquidation are in that situation in the first place due to their inability to meet their obligations, there may not be enough resources left for common stockholders after distribution to creditors and preference stock holders.
Answer:
B. innovative
Explanation:
Based on the information provided within the question in regards to Jiffy-Pop's product it seems that this is an example of innovative packaging. This term refers to a product that is new, creative, advanced and original. Which is exactly what the packaging for Jiffy-Pop illustrates as it has never before been done and provides various uses in a simple design.
Answer:
Check the explanation
Explanation:
a. Gains from being nice = $60
reason: outcome for being nice = $100; outcome for being mean = $40 So the gains from being nice = 100 - 40 = 60
b. Average mean server earnings = $40 (given)
Average nice server earnings = $ 100 (given)
Change in tips per server if all of the servers switch from being mean to being nice = $60 (100 - 40)
c. Individual payoff of my becoming nice = $6
reason: Total number of servers = 10
Change to the tip pool with my change in behavior from mean to nice = $60
My share in this change = 60/ 10 =6
d. 1-I am more likely to be nice when I keep my own tips.
reason: I can keep $100 if I am nice. But in a tip pool, some of the others may be mean. This will bring the pool amount lower, thereby my share may be less than $100. So I prefer to keep my own tips.
Hello!
acid-test (quick) ratio=(Cash+short term investments+accounts receivable)÷current liabilities
acid-test (quick) ratio is
(63,200+44,800)÷132,000=0.8182
0.8182×100=81.82%
Good luck!
Answer:
Q. Gear Up Co. pays 65% of its purchases in the month of purchase, 30% in the month after the purchase, and 5% in the second month following the purchase. What are the cash payments if it made the following purchases in 2018?
February 2018 $90,000, March 2018 92,000, April 2018 101,000, May 2018 98,000, June 2018 99,500.
Answer) $440,775
Explanation:
Cash payments to be made in 2018 for the purchases given in question are:
Feb 2018 Mar 2018 Apr 2018 May 2018 June 2018
Cash Payments
65% of $90,000 58,500
30% of $90,000 27,000
5% of $90,000 4,500
65% of $92,000 59,800
30% of $92,000 27,600
5% of $92,000 4,600
65% of $101,000 65,650
30% of $101,000 30,300
5% of $101,000 5,050
65% of $98,000 63,700
30% of $98,000 29,400
65% of $99,500 64,675
Total $58,500 $86,800 $97,750 $98,600 $99,125
Total payments in 2018=$440,775
(58,500+86,800+97,750+98,600+99,125)
