Annual preferred dividend = 0.07*40*1500 =$4,200
Since there was a one year dividend arrears to preferred stock holders, the total amount that goes to preferred stockholders = 4,200 + 4,200 (arrears of previous years) = 8,400
So common stockholders received = 10,000-8,400 = $1,600 in dividends
So dividend per share for common shareholders =1600/2200 = $0.727/share
Option B, The predetermined overhead allocation rate is based on actual costs.
Explanation:
The term "pre-set overall rate" refers to the allocation rate at the outset of a project, which is based on the expected cost of overhead output for a certain reporting period.
This rate is often used to make book closure quicker as it eliminates estimation of real overhead costs as part of the closing process at the end of the period. Nevertheless, at least at the end of every fiscal year, the disparity between the real and expected overhead sums must be reconciled.
The predetermined rate is derived by calculation as follows:
Estimated amount of manufacturing overhead to be incurred in the period ÷ Estimated allocation base for the period
Answer:
D. This agreement is not in the best interest of society, because there will be less competition and the price of cell phones will be significantly below marginal cost.
Explanation:
If the market for cell phones is an oligopoly market(Oligopoly market is a market situation where few firms are dominating the market), and the consumption and production of cell phone generate no negative externalizes and the major companies desired to collude and charge a single price for their product then this agreement is not in the best interest of society, because there will be less competition and the price of cell phones will be significantly below marginal cost.
The answer is:
A. by building highways, railways, and airports
C. by providing power and Internet connections
D. by importing or developing innovative technologies
Physical capital refers to the factors of production that exist in a materialistic form and would contribute in increasing the efficiency of economic operation conducted by the country.
Even though promoting physical training and improving food nutrition could be considered as an investment, they both do not directly involved in increasing the operation.
Answer:
c. Marketing concept
Explanation:
Marketing concept -
It is the strategy adopted by the organisation , in order to meet the demands of the consumers , tackle the competition , increase the profit margin and increase sale , is referred to as the marketing concept .
Hence , the marketing department of the organisation , tries to focus on the consumers , in order to beat the upcoming competition.
Hence , the given information of the question,
The correct option is c. Marketing concept .
