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3 years ago

Bonita Corporation’s December 31, 2018 balance sheet showed the following:

Business

1 answer:

Marysya12 [62]3 years ago

7 0

Answer:

$52,456,800

Explanation:

For computation of total stockholders’ equity first we need to find out the total capital stock and total paid in capital which is shown below:-

Total Capital stock = Preferred stock + Common stock

= $153,000 + $20,300,000

= $20,453,000

Total Paid in capital = Paid in capital in excess of par of common stock + Paid in capital in excess of par of preferred stock

= $25,000,000 + $59,000

= $25,059,000

Total stockholder equity = Total Capital stock + Total Paid in capital + Retained earning - Treasury stock

= $20,453,000 + $25,059,000 + $7,600,000 - $655,200

= $52,456,800 - $655,200

= $52,456,800

Therefore for computing the total stockholder equity we applied the above formula.

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A leader who is more about collaboration than command and control would be said to be _____________ .

yanalaym [24]

Answer:

The correct answer is letter "A": an interactive leader.

Explanation:

Interactive leaders are those who are involved in the day-to-day activities of their subordinates coordinating what is necessary for them to perform their activities efficiently. These leaders promote a horizontal hierarchy within their companies.

Interactive leaders are seen as power-sharing executives since they do not limit subordinates' decision-making but monitor them closely to verify if they are meeting the expectations that will contribute achieve the overall goal of the team.

8 0

3 years ago

A print advertisement must have

harkovskaia [24]

B. If it is a print ad you do not need Music, Enunciation, or Action

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3 years ago

Assume that you contribute $200 per month to a retirement plan for 20 years. Then you are able to increase the contribution to $

sveta [45]

Answer:

Total FV= $1,220,441.33

Explanation:

First, we need to calculate the value of the $200 for 20 years. To calculate the future value, we need to use the following formula:

FV= {A*[(1+i)^n-1]}/i

A= monthly deposit

A= 200

n= 20*12= 240

Intertest rate= 0.07/12= 0.005833

FV= {200*[(1.005833^240) - 1]} / 0.005833

FV= $104,180.27

Now, the value of the $300 for 30 years. At the same time, the future amount of the first investment. Each one with its separate formula. 

$300 monthly investment:

n= 300*12= 360

FV= {300*[(1.005833^360) - 1]} / 0.005833

FV= $365,962.41

$104,180.27 investment:

FV= PV*(1+i)^n

FV= 104,180.27*(1.005833^360)

FV= $854,478,92

Finally, the total FV:

Total FV= 854,478.92 + 365,962.41

Total FV= $1,220,441.33

6 0

3 years ago

ABC issued 12,000 shares and subsequently reacquired 2,000 shares as treasury stock. The following year, ABC Corporation declare

Ghella [55]

Answer:

Dividend expense will be $20000

Explanation:

We have given share used = 12000 shares

And Treasury stock = 2000 shares

It is given a regular dividend of $2 per share

We have to find the dividend stock

Outstanding share = Share used - treasury stock = 12000 - 2000 = 10000 shares

So dividend expense = $2×10000 = $20000

So dividend expense will be $20000

7 0

3 years ago

A manufacturer uses activity-based costing to assign overhead costs to products. Budgeted cost information for selected activiti

Nata [24]

Answer:

$36 per purchase order; $20 per square foot

Explanation:

Factory expected cost:

= Cleaning factory + Providing utilities

= $35,000 + $77,000

= $112,000

Purchasing:

Activity overhead rate:

= Expected costs ÷ Expected amount of cost driver

= $ 183,600 ÷ 5,100

= $36 per purchase order

Factory:

Activity overhead rate:

= Expected costs ÷ Expected amount of cost driver

= $112,000 ÷ 5,600

= $20 per square foot

5 0

3 years ago