By definition, a preferred stock is considered to have a much higher value compared to a common stock in which debt and equity are both included. Furthermore, the terms that could bear similarities with a preferred stock would include common stocks and corporate bonds. I hope this helps.
Answer:
Production during January= 9000 units
Explanation:
By the following information, we need to calculate the number of units to produce in January:
beginning inventory 12,000 units
Sales January = 17000 units
Sales february= 20000
Ending inventory= 20% of expected sales for next month
Production during January= Sales January + ending inventory - beginning inventory
Production during January= 17000 + 0,20*20000-12000
Production during January= 9000 units
Answer: $20,000
Explanation: This question deals with Compensated Absence.
A compensated absence refers to paid holidays and other paid time off. According to accounting principles, expenses are recognized in the same period they are incurred. When it comes to compensated absences that are deferred to a later year (or period), the amount must be recorded as a liability in the year they are incurred.
Because of this, $40,000 (an average of $800 per week for a total of 500 vacation weeks) will be charged to 2021 expense as a liability.
The amount of salaries expense related to 2022 compensated absence is the average 5% pay rise in 2022.
The amount is therefore 5% X $800 X 500 weeks = $20,000
Answer:
Net operating income= 15,000
Explanation:
The absorption costing method includes all costs related to production, both fixed and variable. The unit product cost is calculated using direct material, direct labor, and total unitary manufacturing overhead.
<u>In this case, there is no beginning nor ending inventory. Fixed overhead is incorporated into the cost of goods sold in full.</u>
Sales= 500*100= 50,000
COGS= (10 + 25 + 15)*500 + 10,000= (35,000)
Gross profit= 25,000
Total selling and administrative costs= (5*500) + 7,500= (10,000)
Net operating income= 15,000
Firms classified as being part of the sharing economy and collaborative consumption are still considered too risky to attract substantial venture capital investment. True
Explanation:
Firms that are funded as a apart of the sharing economy are usually never as profitable as the private companies which draw more investors despite their continued success as their business models are not based on producing profits for the higher ups and have a much more horizontal structure in their firm of ownership and responsibility among the workers.
This means that their is less money in it for the investor and the administrator than it is in a top to down job which is usually the case in corporate and there is more assiduity on the work too.
