<span>What is the most important duty of a firm's financial officer? to ensure that the firm has enough cash on hand to meet its commitments at any given time to decide how to pay for investments to manage working capital to make investment decisions?</span>
Answer:
Preferred dividend = $8,000
Common stock dividend = $22,000
Explanation:
The computation of dividend is shown below:-
Preferred dividend = Total shares × Total shares of Noncumulative, nonparticipating, preferred stock outstanding
= $100,000 × 0.08
= $8,000
Common stock dividend = Cash dividend - Preferred dividend
= $30,000 - 8,000
= $22,000
Therefore the Preferred dividend is $8,000 and Common stock dividend is $22,000
The budgeted income statement does not rely on information from the production budget.
<h3>What is a budgeted income statement?</h3>
The expected profit, revenue, and expenses for the upcoming year or months are listed in a budgeted income statement, which is a financial report. Its purpose is to assist businesses in future planning, better decision-making, and resource allocation.
All of the line categories seen in a typical income statement are included in the budgeted income statement, but it is an estimate of what the income statement would look like in future budget periods.
The budgeted income statement makes it easier to compare planned and actual income and expense components at the end of the month. It aids in evaluating the efficiency of the company's financial planning procedure.
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Answer:
The answer is a. The "invention" sought to be patented is actually a living creature.
Explanation:
That is the answer. Because by the law, you actually "CAN" patent a living creature or an organism that you invented and that does not exist naturally.
So, a patent application CAN NOT be denied on the grounds that the invention is a living thing.
However, if a plant or any organism exists in nature and has reproduced, then it cannot be patented. Because then it has become a natural occurrence. This is a stern limitation and a criteria put on patents for living organisms.
Patenting living organism such as anti bacteria and bacteria is common in pharmaceutical industry while patenting unique seed types are common in agricultural sector.
The appointment of Azra as manager gives her <u>authority</u> to make many decisions during the course of a week
Let understand that options includes <em>accountability, authority, responsibility, delegation.</em>
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Basically, the main function of an organization manager is increase the efficiency or effectiveness of their employees, processes, projects, organizations etc
However, the four basic functions of manager includes effective planning, organizing, leading, and controlling of units in the company.
Therefore, Azra’s position gives her authority to <em>make decision</em>, <em>assigns tasks</em>, <em>approve budget requests</em> and <em>market the business</em>.
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