Answer: The correct answer is "a) structural functionalist".
Explanation: Evan's perspective on stratification is most in line with theory of structural functionalist, because this theory establishes that inequalities are functional for society, and argues that the most difficult jobs in any society have the highest incomes, in order to motivate people to fill the necessary roles for the division of labor. Therefore inequality serves social stability.
Share holders since they have a share of the company
Answer:
the full cost of the product per unit if the marketing costs is $3,000 is $7,025.
Explanation:
The cost of the special order will exclude the Fixed manufacturing support as these are common whether the order is accepted or not thus irrelevant. Remember to include the marketing costs as an additional cost.
Calculation of cost of the product :
Direct materials $1,825
Direct labor $900
Variable manufacturing support $1,300
marketing costs is $3,000
Total $7,025
Conclusion :
Thus, the full cost of the product per unit if the marketing costs is $3,000 is $7,025.
Answer:
D. 9.0%
Explanation:
Provided return on equity = 15% = K
Earnings per share = $6.00
Dividend = 40% = $6
0.4 = $2.40
Internal Growth Rate = Cost of equity
(1 - Dividend payout ratio)
Putting values in above we have
Internal growth rate = 15%
(1 - 40%)
= 15%
60%
= 9%
Therefore, correct option is
D. 9.0%
Answer:
a.
Cash 27000 Dr
Common Stock 13500 Cr
Paid in capital in excess of par-Common stock 13500 Cr
b.
Cash 135000 Dr
Preferred Stock 135000 Cr
Explanation:
a.
When we issue stock at premium, we always record the amount received from such issuance of stock at full. So, the cash account will be debited for 4500 * 6 = 27000
However, we record the common stock issued at par value and the remaining is credited under the reserve account which is Paid in capital in excess of par.
Thus the common stock will be credited by its par value of 4500 * 3 = 13500 and the remaining 4500 * 3 will be credited to the Paid in Capital account.
b.
The par value of the preferred stock is 4500 * 30 = 135000
Thus the preferred stock is issued at par and we simply debit the cash received from the issue and credit the preferred stock.