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IgorLugansk [536]
3 years ago
8

Taylor Systems has just issued preferred stock. The stock has a 10​% annual dividend and a $ 110 par value and was sold at ​$119

.90 per share. In​ addition, flotation costs of ​$6.60 per share were paid. Calculate the cost of the preferred stock
Business
1 answer:
shutvik [7]3 years ago
4 0
Cost of preferred stock Taylor Systems has just issued preferred stock. The stock has a 12 % annual dividend and a $100 par value and was sold at $97.50 per shar
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A sporting goods store manager wants to forecast annual sneaker revenues based on the type of sport (running, tennis, or walking
liq [111]

Answer: The manager should include 7 independent variables in her multiple regression analysis .

Explanation:

Given : The manager wants to forecast annual sales revenues of snekers of different categories.

The given categories are :-

Sports , color , gender.

Also when we have a categorical variable that assumes n different divisions then the number of dummy explanatory variable for multiple regression will be n-1.

Number of types of sports = 3

⇒ Number of dummy variables for types of sports = 3-1 =2

Number of types of color = 5

⇒ Number of dummy variables for types of color = 5-1 =4

Number of types of gender = 2

⇒ Number of dummy variables for gender = 2-1 =1

Now, the total number of independent variables = 4+2+1=7

Hence, the manager should include 7 independent variables in her multiple regression analysis .

8 0
3 years ago
Bridgeport Corporation's weekly payroll of $16,000 included FICA taxes withheld of $1,224, federal taxes withheld of $3,250, sta
vichka [17]

Answer:

The following 5 entries shall be booked in Accounts of Bridgeport Corporation for the purpose of weekly Payroll:

Explanation:

                                                                     Debit                                Credit

payroll expense                                            $16000

FICA tax withheld payable                                                                   $1224

Federal taxes withheld payable                                                           $3250

State taxes withheld payable                                                               $860

Insurance Premiums payable                                                               $240

Salaries payable to employees                                                            $10426

(16000-1224-3250-860-240)

6 0
2 years ago
A new manager has been in their role for three months. They take time each day to get to know and socialize with their team, and
Len [333]

Answer:

Relationship oriented

Explanation:

Relationship oriented leadership is one that is based based mainly on interaction with people. Such leaders are mentors to their subordinates and get feedback from their reports are incorporated into the decisions they make.

They create a positive work environment and enjoyable.

In this instance the manager takes time each day to get to know and socialize with the team, and often meets with employees to discuss various challenges they are facing.

However as efficiency is down and deadlines are not met. The manager is taking a disproportionate relationship oriented leadership style, and he needs to be autocratic and enforce initiatives to improve efficiency and make them meet deadlines.

3 0
3 years ago
Read 2 more answers
Jessica makes photo frames. She spends $5 on the materials for each photo frame. She can create one photo frame in an hour. She
Mkey [24]

Answer:

accounting profit = $25

Total cost = $15

Economic profit  = $15

Explanation:

given data

spends = $5

Implicit cost  = $10 per hour

sell = $30

to find out

calculate the total cost for one photo frame

solution

first we calculate here accounting profit that is

accounting profit = Sale price - cost spent on materials

accounting profit = $30 - 5

accounting profit = $25

and

Total cost = Explicit cost + Implicit cost

Total cost = 5 + 10

Total cost = $15

and Economic profit will be

Economic profit = Accounting profit - implicit costs

Economic profit  = $25 - $10

Economic profit  = $15

7 0
3 years ago
Liabilities are often created as a result of an expense incurred by a company. Which of the following liabilities is not the res
Vladimir79 [104]

Answer and Explanation:

C) Federal unemployment tax payable

4 0
2 years ago
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