Answer:
The correct answer is b. after taxes minus preferred dividends.
Explanation:
Net profit: Add all the revenues of the firm and deduct all the expenses of the firm. If the amount come in positive, the firm earns profit else suffered loss.
In mathematically,
Net profit = Sales revenue - all expenses
The earning which is available to shareholders is net profit after paying preference dividend to preference shareholders.
As first we have to pay the dividend to preference shareholders then we distribute the income to equity shareholders.
In mathematically,
EBIT - taxes - Preferred dividend
Hence, the correct option is b. After taxes minus preferred dividends.
Answer: d. positive square root of the variance.
Explanation:
Standard deviation is used to show the risk on a set of stocks and it is calculated by taking the square root of the variance of those same returns.
The process of finding the standard deviation is to therefore find the average return first and then find the variance of these returns. At this point, the variance will be positive as it is a squared value. Once this value is then taken to its square root, you will have your standard deviation.
Answer:
Multiple-step income statement for the year ending December 31, year 1
Sales $275,200
Cost of Goods Sold <u>($185,000)</u>
Gross Profit $90,200
Operating Expenses:
Administrative Expense ($35,000)
Selling expenses <u>($55,000)</u>
General Expense <u>($45,000)</u>
Operating Income ($44,800)
Non-Operating Revenue <u>$105,000</u>
Operating Income before tax $60,200
Income taxes <u>($25,000)</u>
Operating Income after Tax <u>$35,200</u>
Explanation:
Multi-step Income statement segregate the Operating Income and Expenses from non operating Income and Expense. It shows the gross profit and net operating income separately.
Answer:
Uber's Organizational Culture during former CEO Kalanick's tenure:
A. observable artifacts
Explanation:
Observable artifacts are the visible cultural manifestations prevalent in an organization, through which the organization's culture is expressed in tangible terms. A culture of casualness will become visible in the dress code and how people address one another by first names or surnames. Even the way products are displayed and offices are furnished reflect observable artifacts of an organization's deeper culture of acceptance and openness.
Answer:
Explanation:
step 1
Inventory after purchase adjustment = Inventory as per periodic inventory system + Adjustment of purchase
=$245,770+$28,480
=$274,250
Explanation
Company S has account as per the periodic inventory system of $245,770. Company S made purchases of about $28,480 from Person P with the condition that the FOB shipping point is to be included in the record as per periodic system. The commodities are supplied by the vendor and goods are in transit.
step 2
Compute the amount of inventory which is to be reported by Company S on December 31 as given below:
Value of inventory = Amount after purchase adjustment + Sales adjustment
=$274,250+$24,980
=$299,230
Explanation
When Company S sold the supplies to Company A with a cost of $28,480 at a sales price of $39,990. The commodities are sold at state of FOB destination which literally can be referred to mean that until and unless Company S make available the goods at destination of Company A, sale is not assumed to be complete. The commodities are still in transit which reveals that the sale to Company A won’t be recorded as sale for the period. The cost of stock is to be integrated in the cost of inventory.