Answer:
the Return On COmmon Stockholders Equity is 16.78%
Explanation:
The computation of the return on the common stockholder equity ratio is shown below;
Return On Common Stockholders Equity is
= (Net Income - Preferred Dividend ) ÷ Average Common Stockholders Equity
= ($29,500 - $7,600 ) ÷ 130,500
= 16.78%
Hence, the Return On COmmon Stockholders Equity is 16.78%
Answer:
Customer.
A moment of truth occurs when employees and the customer have contact.
I hope this helped at all.
Option C
This practice is an example of: anchoring
<h3><u>
Explanation:</u></h3>
Anchoring is the effectiveness of unrelated knowledge, such as the acquisition cost of safety, as a reference for estimating or predicting an unknown value of a financial means. Anchoring can be prompt with applicable metrics, such as valuation multiples.
During decision making, anchoring transpires when individuals use a fundamental piece of information to obtain consequent judgments. Once an anchor is established, other judgments are formed by adjusting incessantly from that anchor, and there is a preference proceeding evaluating other information encompassing the anchor.
Answer:
Dr Cash 4,160,000
Cr Premium on Bonds Payable 160,000
Cr Bonds Payable 4,000,000
Explanation:
Preparation of the entry to record the issuance
Based on the information given The entry to record the issuance is:
Dr Cash $4,160,000
[(4000*1000)*104%]
Cr Premium on Bonds Payable $160,000
($4,160,000-$4,000,000)
Cr Bonds Payable $4,000,000
(4000*1000)
(To record the issuance)
Answer:
The misstatement would result in the overstatement of assets by $9,000 and also an overstatement of stockholders equity by the same amount.
Explanation:
When the balance of year end inventory is overstated, the cost of goods sold will be understated and this will result in an overstatement of the net income (and by extension, owners equity).
Given that a company inadvertently counted its inventory as $98,000 instead of the correct amount of $89,000
Amount overstated = $98,000 - $89,000
= $9,000