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Thepotemich [5.8K]
2 years ago
9

Cell Phones for Soldiers is a nonprofit organization with a long-term commitment to one cause. Suppose that FedEx volunteered to

transport all of the program's donated phones for free. Cell Phones for Soldiers would be the beneficiary of FedEx's corporate?
a) inclusion program
b) investment
c) policy
d) social initiative
e) compliance
Business
1 answer:
Rudik [331]2 years ago
6 0

Answer:

d) social initiative

Explanation:

  • Being an NGO the cell phone for solders is making a long term commitment to the cases that supports the social initiative and which is volunteer by the Fed Ex company to transport and donate these cell phone for free and thus acts for a social cause and helps the society.
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Pecan Theatre Inc. owns and operates movie theaters throughout Florida and Georgia. Pecan Theatre has declared the following ann
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Answer:

Pecan Theatre Inc.

Average annual percentage return

                              Cost    Market   20Y1   20Y2  20Y3  20Y4  20Y5  20Y6

                                 per share

Preferred stock   $20.00 $25.00    2%        2%       2%      2%      2%      2%

Common stock    $15.00  $17.50    0%         0%       0%   0.7%   0.8%   0.11%

Explanation:

a) Data and Calculations:

Dividends:                              Cumulative               Common Stock

                                         Preferred Stock               Dividends

                                    Dividends   Per share                   Per share

20Y1,     $80,000           $80,000   $0.40                 $0           $0

20Y2,    $90,000             90,000   $0.40                   0           $0

20Y3,   $150,000           150,000   $0.40                   0           $0

20Y4,   $150,000           100,000   $0.40              50,000      $0.10

20Y5,   $160,000           100,000   $0.40             60,000       $0.12

20Y6,   $180,000           100,000   $0.40             80,000       $0.16

Average annual percentage return

                              Cost    Market   20Y1   20Y2  20Y3  20Y4  20Y5  20Y6

                                 per share

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Average annual percentage return = Dividend per share/Initial Cost per share

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