Answer:
$330
Explanation:
The computation of the dividend income received as on July 31 is shown below:
where,
Total number of shares purchased is
= 100 shares + 200 shares
= 300 shares
And, the dividend per share is $1.10
So, the dividend income received is
= 300 shares × $1.10
= $330
We simply applied the above formula to determine the dividend income received
The only action that cannot be take is the corporation can file a lawsuit against her.
c. the corporation can file a lawsuit against her.
<u>Explanation:</u>
Here Arianna cannot file a lawsuit against the compnay because the company is not at fault but Arianna is. She committed an Ultra Vires act and hence cannot file a lawsuit against the company for a reimbursement. The company didn't had any idea about her actions and she didn't inform.
The key is to have the documentation demonstrating the individual was liable for the damage or harms that happened. Along these lines, truly, you can truly sue for about any explanation if your case meets the best possible criteria.
Answer:
The amount of the annual payment that Sara must make at the end of each year for 13 years is 1265.75
Explanation:
future value = $23900
FVA(6%,13) = ((1.06^13) - 1)/0.06)
= 18.88214
amount of annuity payment = future value/FVA
= 23900/18.88214
= $1265.7464
Therefore, The amount of the annual payment that Sara must make at the end of each year for 13 years is 1265.75
Answer:
C. $9.50 per direct labor-hour
Explanation:
The computation of the predetermined overhead rate is shown below:
Predetermined overhead rate = (Total estimated manufacturing overhead) ÷ (estimated direct labor-hours)
where,
Total estimated manufacturing overhead equals to
= Total fixed manufacturing overhead cost + Direct labor hours × variable manufacturing overhead per direct labor-hour
= $497,000 + 70,000 × $2.40
= $497,000 + $168,000
= $665,000
And, the direct labor-hours is 70,000
So the rate is equal to
= $665,000 ÷ 70,000
= $9.5 per direct labor-hour