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3 years ago

Last years ending inventory was overstated. This error would cause...

Business

1 answer:

Vsevolod [243]3 years ago

7 0

Answer:

This periods end assets to be overstated

Explanation:

As inventory is summarized in the assets if the final inventory is overstated it will generate an overstate in the following years.

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Given the pork supply function Q = 178 + 40p - 60p_h. how does the supply function, Q = 88 + 40p. change if the price of hogs in

aleksandrvk [35]

Answer:

Explanation:

The supply function of pork Q = 178 + 40p - 60p_h

When the price of hog is 1.50:

Q = 178 + 40p - 60(1.50)

= 178 +40p -90 = 88+40p

When the price of hog increases to 1.90:

Q = 178 + 40p - 60(1.90)

= 178 +40p - 114 = 64+40p

8 0

3 years ago

Cecelia’s government provides for her basic needs. In return, Cecelia works in the factory downtown, as she always has since the

Sergeeva-Olga [200]

The correct option is B. In this type of economy the government has total control over allocation of all resources.

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3 years ago

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Which of these methods will remove a custom tab stop?

Andrew [12]

I think it’s B. Triple- click the tab stop

4 0

3 years ago

Cooper Industries, Inc. began 2012 with retained earnings of $25.32 million. During the year it paid four quarterly dividends of

d1i1m1o1n [39]

Answer:

The correct answer is option C:

$750,000; $3,850,000; $4,600,000; $25,870,000

Task 1

Annual cash dividend preferred stock = $750,000

Task 2

Total annual common stock dividend = $3,850,000

Task 3

Total dividend paid = $4,600,000

Task 4

Retained earnings balance = $25,870,000

Explanation:

Task 1:

Annual cash dividend preferred stock

Preferred shares = 500,000 shares

semi-annual dividend (after six months) = $0.75 per share

500,000 shares × 0.75 per share × 2 times = $750,000 (A)

Task 2:

Total annual common stock dividend

Quarterly dividend = $0.35 per share

Common shares = 2,750,000 shares

Total quarterly dividend = 2,750,000× $0.35 per share

Total quarterly dividend = $962,500

Total annual common stock dividend = $962,500 × 4

Total annual common stock dividend = $3,850,000 (B)

Task 3

Total dividend paid

Total dividend paid (A+B) = Annual cash dividend -preferred stock + Total annual common stock dividend

Total dividend paid = $750,000 + $3,850,000

Total dividend paid = $4,600,000

Task 4

Retained earnings balance

Retained earnings balance = Opening retained earnings + Net income after total cash dividend paid

Retained earnings balance = $25,320,000 + $5,150,000 - $4,600,000

Retained earnings balance = $25,870,000

3 0

4 years ago

Bobby is the plant manager of one of the three manufacturing plants of a paper manufacturing company. He is responsible for sync

Oduvanchick [21]

Answer:

a. middle manager.

Explanation:

In this scenario, Bobby is the plant manager of one of the three manufacturing plants of a paper manufacturing company. He is responsible for synching the processes of his plant with the standards set at the company's headquarters. He sends weekly updates of raw material requirements to the purchase division at the headquarters. He also connects the company's human resources department with the employees who work in his plant. In this scenario, Bobby is most likely a middle manager.

A middle manager refers to an individual who acts as an intermediary between the executive management and the employee working with the company.

5 0

3 years ago