Answer:
this one's a head scratcher. I believe it's a or b. hope that helps a little :)
Answer:
In order to make the distribution to common shareholders, each preferred share must be paid a dividend of:
$5 per share.
Explanation:
The preferred stock is non-cumulative. This implies that XYZ's preferred stockholders are not being owed for the previous two year's dividend that was not paid. Non-cumulative preferred stock does not attract dividend arrears whenever it was not declared. It is cumulative preferred stock that attracts such arrears to be carried forward until they are paid.
Answer:
Cultural capital
Explanation:
Cultural capital consists of knowledge about artistic trends and cultural acts that one can use to establish oneself in society, and demonstrate a particular social-standing. It also consists of tastes, preferences, and even ways of speaking, living, and moving.
The term was coined by French sociologist Pierre Bordieu. According to him, cultural capital is a form of class distinction, because the access to certain cultural products depends on variables such as race, ethnicity, income, sex, and religion.
Answer:
Negative NPV.
Explanation:
present value of cost exceeds present value of revenue that is been assumed in the investment plan of the said company/firm.
Net Present Value describes one of the discounted techniques of cash flow used in capital budget to determining the viability of a project or an investment. It is seen to have a huge difference between the present flow of the firms; which is cash inflows and the present value of cash outflows over a period of time. Experts has tagged its primary advantage to be that it is seen to considers the concept of the time value of money.
Answer:
Total unit cost $8.80
Total Costs Transferred out $730,400
Explanation:
In Process Costing we find the individual unit costs and total costs transferred by multiplying it with the equivalent no of units.
As the units are 100 percent complete the Equivalent units are 83,000 units for both materials and conversion.
Saline Solutions
Weighted-Average Process
Materials in Department S $6.40
<u>Conversion costs Department S $2.40</u>
<u>Total unit cost $8.80</u>
Total No of units 83,000
<u>Total Costs $8.80</u>
<u>Total Cost Transferred Out $730,400 </u>
<u />
Total Costs Transferred to Materials = $ 6.4 * 83,000=$ 531200
Total Costs Transferred to Conversion = $ 2.4 * 83,000=$ 199200
Total Costs Transferred= $ 531200+$ 199200= $ 730400
