Answer and Explanation:
The computation of the dividend per share for each class of stock for four years are as follows
Preferred stock
= 25,000 shares × $25 × 3%
= $18,750
The dividend per share is
= $18,750 ÷ 25,000 shares
= $0.75
Now for the first year
= $7,250 ÷ 25,000
= $0.29
And the 0 is for Common stockholders
For the second year
Preferred stock
= $11,750 ÷ $25,000
= $0.47
And the 0 is for Common stockholders
For the third year
Preferred stock
= $0.46 + $0.28 + $0.75
= $1.49
And for the Common stockholders
= $27,900 ÷ 31,000 shares
= $0.9
For the fourth year
Preferred stock = $0.75
And, for the common stockholders
= $94,860 ÷ 31,000 shares
= $3.06
Im not sure, sorry, I wish I could help
Answer and Explanation:
The computation is shown below:
a. The book value or net worth per share is
= (Assets - current liabilities - long term liabilities - outstanding preferred stock) ÷ (common stock shares)
= ($418,000 - $126,000 - $131,0000 - $38,700) ÷ (20,000 shares)
= $6.12 per share
b. Now the current price is
= Earnings available ÷ common stock shares × P/E
= $32,300 ÷ 20,000 shares × 21
= $33.92
c. The market value to book value is
= Market value ÷ book value
= $33.92 ÷ 6.12
= 5.54
Answer:
c.45%
Explanation:
The Formula for return on sales=Operating profit/Net Sales
Sales=$2,000
Less:
Cost of Goods Sold $ (1,100)
Operating profit $900
Return on sales=$900/$2,000=45%
It should be noted that in many cases to reach out on operating profit, the operating expense are also deducted from operating profit for the sake of this formula. In that scenario the correct answer would have been 10% return on sales i.e $900-$700=$200/$2,000=10%
As the 10% option is missing in MCQ, therefore 45% is selected
Answer:
The correct is breakdown.
Explanation:
The sales forecast is the central part of the strategic planning process since it becomes the cornerstone of all the company's planning, budgeting and operational decision making. Sales managers care about five levels to calculate demand. Market capacity is the maximum amount of a product or service that the market could use regardless of the price of the product. The potential of the market is the largest possible sale in an entire industry of a product or service over a given period. The sales potential is the potential of the greater market share that a given company can expect to achieve. The sales forecast is the best estimate of the company's dollar or unit sales to be achieved during a given period under a proposed marketing plan. Sales quotas are the sales goals or objectives that are assigned to individual sellers or to the entire sales force.
