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
Robert is a successful 51-year-old, lives in the suburbs, and enjoys reading Jet and Ebony magazines. He drives out of his way t
myrzilka [38]

Answer:

Boomer blacks

Explanation:

Daniel Yankelovich and Radio One carried out a segmentation study titled  <u>The Black America Today study</u> about African American consumers. This study was carried out in order to determine a way to better reach consumers, since general labels like Latino communities or African American communities are too broad for marketing purposes. They segmented African Americans into:

  • Connected Black Teens  
  • Digital Networkers
  • Black Onliners
  • Stretched Black Straddlers
  • New Middle Class
  • Family Struggles
  • Black is Better
  • Sick and Stressed
  • Faith Fulfills
  • Broadcast Blacks
  • Boomer Blacks: they represented the oldest group studied by Yankelovich, with an average age of 52. They believe in black roles models, and are very tech savvy. They also belong to upper middle class or upper class.
4 0
3 years ago
Jeannine and Ryan, have both been working full-time jobs for many years. They are about to adopt three siblings and are trying t
Flura [38]

Answer: D

Explanation:

8 0
3 years ago
What's the present value, when interest rates are 8.0 percent, of a $160 payment made every year forever? (Round your answer to
stepladder [879]

Answer:

The present value, when interest rates are 8.0 percent, of a $160 payment made every year forever is $2,000.

Explanation:

Payments each year = Cash flow = C = $160

Rate of Interest = r = 8% = 0.08

Present value of Perpetuity = Cash flow / rate of return

Present value of Perpetuity = C / r

Present value of Perpetuity = $160 / 0.08

Present value of Perpetuity = $2,000

So, the present value, when interest rates are 8.0 percent, of a $160 payment made every year forever is $2,000.

8 0
3 years ago
The following information is available for completed Job No. 402: Direct materials, $120000; direct labor, $180000; manufacturin
Korvikt [17]

Answer:

ending inventoryt (inventory at hand)  <u> 102,500</u>

Explanation:

First we calculate the total cost for the Job:

Materials     120,000

Labor           180,000

Overhead  <u>  110,000  </u>

Total cost    410,000

Then we distribute over the units produced to calculate the unit cost:

Units Produced 4,000

total cost 410,000 / units produced 4,000 =<u> 102.5 unit cost</u>

Now we calcualte the value fo the units at hand:

<u>unit at hand refers to ending invnetory</u>

we produce 4,000 we sale 3,000 ending inventory 1,00

ending inventory : 1,000 x 102.5 = 102,500

5 0
3 years ago
On January 1, 2021, the Mason Manufacturing Company began construction of a building to be used as its office headquarters. The
Setler [38]

Answer:

1. In 2021, Capitalized interest = $205,000

2. In 2022, Capitalized interest = $3,870,000

3. Total cost = $5,231,980

Explanation:

See the attached file for the  calculation

3 0
3 years ago
Other questions:
  • Is hit or miss still popular?????? lol idek.....
    7·1 answer
  • "a british study involving more than 11,000 participants indicated that brain-training activities over a period of six weeks ___
    14·1 answer
  • What is revision? (Apex)
    8·2 answers
  • An oligopoly arises when _ have all or most of the sales in an industry. If oligopolists with the same marginal costs and no fix
    9·1 answer
  •  As you track your progress, you'll act, observe, adjust, and then 
    5·2 answers
  • The potential benefits lost by taking a specific action when two or more alternative choices are available is known as a(n):____
    9·2 answers
  • Which of the following is NOT an accurate description of modern marketing?
    7·1 answer
  • Answer correctly and u will receive brainliest and 15 pts
    14·2 answers
  • After making a decision, Rosario seeks information that confirms the decision was a good decision and ignores conflicting inform
    12·1 answer
  • Determining who the buyers of subdivision homes are, the market niche to target, and whether to have different price points for
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!