1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Effectus [21]
3 years ago
11

he following information pertains to Benedict Company. Assume that all balance sheet amounts represent average balance figures.T

otal assets $300,000Stockholders' equity—common 150,000Total stockholders' equity 200,000Sales revenue 100,000Net income 25,000Number of shares of common stock 6,000Common dividends 6,000MC: 199 (count)Preferred dividends 4,000What is the return on common stockholders' equity ratio for Benedict?a. 16.7%b. 14.0%c. 12.7%d. 10.5%
Business
1 answer:
ra1l [238]3 years ago
5 0

Answer:

b. 14.0%

Explanation:

NET INCOME  

Sales  $ 100.000

Net Income  $ 25.000

Preferred Stock  -$ 4.000

Net Income to Stockholders' equity—common $ 21.000   14%

Net Income to Stockholders         $ 21.000

                                                      ===========  =   14%

Stockholders' equity—common    $ 150,000

You might be interested in
Which is the best choice to explain why human resource manager is so important to organizations
Zielflug [23.3K]

Answer:

which is the best choice to explain why human resource manager is so important to organizations?

Human resource manager maintains the influx of the organization, they help in recruitment process as well as exempt or sack those that are not needed anymore in the organization.

Explanation:

5 0
3 years ago
If a store manager only hires shift supervisors who have a four-year college degree, even though experienced cashiers without a
Alona [7]
Bias may be occurring.  Bias is basically thinking someone is better than another person due to one factor, without even knowing the person.  In this instance, the store manager is only hiring shift supervisors who have a degree, rather than an experienced cashier without a degree.  The bias here is dependent on the employee's educational history.  The manager may think that even though the cashiers are great, they still may not have the qualifications that one would pick up in college. 
4 0
3 years ago
Suppose that Larry, an economist from a business school in Georgia, and Megan, an economist from a nonprofit organization on the
iVinArrow [24]
Where is the dialogue? :)
3 0
3 years ago
Bramble Corp. reported the following items for 2016: Income tax expense $62000 Contribution margin 180000 Controllable fixed cos
Ivenika [448]

Answer:

controllable margin =  $100,000

Explanation:

given data

Income tax expense =  $62000

Contribution margin =  180000

fixed costs =  80000

Interest expense = 68000

Total operating assets = 40000

to find out

How much is controllable margin

solution

we get here controllable margin that is express as

controllable margin = contribution - controllable fixed cost      ....................1

put here value we get

controllable margin = 180000 - 80000

controllable margin =  $100,000

4 0
3 years ago
On July 1, 2018, Fred City ordered $1,500 of office supplies.They were to be paid for out of the general fund. Entry under:
mel-nik [20]

Answer:

A) Dr. Encumbrances – Office supplies              No entry

Cr. Encumbrances outstanding

Explanation:

The journal entry is given below;

For Governmental fund financial statements

Encumbrances-Office Supplies $1,500  

      To Encumbrances Outstanding $1,500

(Being Office Supplies ordered  is recorded)

For Government-wide financial statements

No journal entry is required as under the accrual accounting, no entry should be recorded until the transaction does not arise

Therefore the option a is correct

6 0
3 years ago
Other questions:
  • The government has become more actively engaged in regulating the american economy since 1900. question 9 options: 1) true 2) fa
    15·1 answer
  • How are accounts payable, denominated in another currency, reported on a U.S. company's balance sheet? A. At the exchange rate w
    12·2 answers
  • What is the future value of $450 at an interest rate of 15 percent one year from today?
    12·1 answer
  • The supreme court decision that struck down the quota system was
    11·1 answer
  • Economies of scale occur when a firm'sa. marginal costs are constant as output increases. b. long-run average total costs are de
    9·1 answer
  • The following transactions occurred during March 2021 for the Wainwright Corporation. The company owns and operates a wholesale
    7·1 answer
  • A company owns a 5-year old turret lathe that has a book value of $20,000. The present market value of the lathe is $16,000. A n
    9·1 answer
  • Perry Corporation manufactures two models of office chairs, a standard and a deluxe model. The following activity and cost infor
    15·1 answer
  • The senior vice presidents at Terra Firma Construction are each responsible for a specific function within the organization. One
    13·1 answer
  • How might a business expand using organic growth - 6 marker need essay answer quick
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!