Answer:
$80
Explanation:
The computation of the price of preferred stock to sell is shown below:
Cost of preferred stock = Annual dividend ÷ required return on the preferred stock
= $5 ÷ 6.25%
= $80
Simply we divide the annual dividend by the required return on the preferred stock so that the correct price of preferred stock to sell can be computed
Answer:
231,000
Explanation:
Computation for the number of physical units transferred to finished goods.
Using this formula
Transferred Unit = Beginning WIP Units + Units Started
Let plug in the formula
Transferred Unit = 21,000 + 210,000
Transferred Unit = 231,000
Therefore the number of physical units transferred to finished goods will be 231,000
Answer:
Fiscal investors.
Explanation:
Trade can be defined as a process which typically involves the buying and selling of goods and services between a producer and the customers (consumers) at a specific period of time.
Basically, trade can be categorized into two (2) main groups and these are;
I. Import: this involves bringing in goods from a foreign country to sell in a different (domestic) country.
II. Export: it involves the sales of goods produced in a domestic country to a foreign country.
Globalization can be defined as the strategic process which involves the integration of various markets across the world to form a large global marketplace. Basically, globalization makes it possible for various organizations to produce goods and services that is used by consumers across the world.
Under globalization, a fiscal investor refers to an independent business that facilitates or enhances foreign exchange trades between two or more countries.
This ultimately implies that, fiscal investors are institutions or business firms that make it possible for foreign exchange to take place with respect to the buying and selling of goods and services between countries.
Answer:
1.39
Explanation:
Data provided
Operating cash flow = 4.6%
Average occupancy rate = 3.3%
The computation of degree of operating leverage is shown below:-
Degree of operating leverage = Operating cash flow ÷ Average occupancy rate
= 4.6% ÷ 3.3%
= 0.046 ÷ 0.033
= 1.39
Therefore the correct answer is 1.39. so the option is not available and for computing the degree of operating leverage we simply applied the above formula.
Answer:
d) A credit to Cash of $600
Explanation:
The adjusting journal entries are shown below:
Bank service fees expense $25
To Cash $25
(Being bank service charge expensed)
Here the expenses is debited as it increased the expenses and credited the cash as it decreased the asset
Accounts Receivable $600
To Cash $600
(Being NSF returned is recorded)
Here the account receivable is debited as it increased the assets and credited the cash as it decreased the asset
So option d is correct
