Answer: 6%
Explanation:
Based on the information given, when the flotation costs is ignored, the company's cost of preferred stock will be calculated thus:
Cost of preferred stock = Dividend on preferred stock / Price of preferred stock
Cost of preferred stock = 4.5/75 = 0.06 = 6%
Therefore, the cost of preferred stock is 6%.
Answer: Majority
Explanation: The decision-making based on the majority rule is defined as more than half of the total votes gained party .The casted votes are counter and the party receiving more than half of the votes wins in any committee, democratic sessions etc.
The situation mentioned in the question consist of a particular committee which need to decide about a certain topic.So, they choose to decide solution on the basis of votes.The solution that has five or more votes as majority will win and will be considered for the club matter.
Answer:
Correct answer is C, $100,000 debit to salaries and wages expense
Explanation:
In order to recognize the expenses for the period, an expense account shoud be debited and a credit to cash or payables that depends if it is already paid (cash) or not (payable). Along with the recognition of the salaries expense paid by the company to their employees is the recognition of the deductions withheld by the employer that should be reported to certain agencies. These includes, Social Secucrity, Taxes and medical insurance mandated to be deducted on the employees wages. Employer will act as a withholding agent and will be obligue to remit it to the agencies within the period of time.
From the weekly output given, the average multifactor productivity will be 1.447.
<h3>How to calculate the average multifactor productivity</h3>
From the complete information, the following can be deduced:
Week 1:
Input cost = 35660
Output cost = 51500
Week 2:
Input cost = 31800
Output cost = 45500
Week 3:
Input cost = 33500
Output cost = 49000
Week 4:
Input cost = 35160
Output cost = 51000
Total input cost:
= 35660 + 31800 + 33500 + 35160
= 136120
Total output cost:
= 51500 + 45509 + 49000 + 51000
= 197000
Average multifactor productivity
= Output / Input.
= 197000 / 136120
= 1.447
Learn more about productivity on:
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Answer:
C: Certified Residential Real Estate Appraiser, 200 hours
Explanation:
The current Appraisal Qualifications Board (AQB) minimum education criteria for Appraisal Education Hours to obtain Certified Residential Real Estate Appraiser is 200 hours.
The Certified Residential Real Estate Appraiser is allowed to appraise 1-4 residential units no matter transaction value or complexity.
Since the non-complex one-to-four unit residential properties, and non-residential properties with a transaction value up to $250,000 are appraised by Appraiser Jones, this implies that Appraiser Jones is a Certified Residential Real Estate Appraiser who completed 200 hours.
Therefore, the correct option is C: Certified Residential Real Estate Appraiser, 200 hours.