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3 years ago

Common Stockholders' Profitability Analysis A company reports the following:

Business

1 answer:

AVprozaik [17]3 years ago

4 0

Answer:

(A) Rate earned on stockholder's equity=15%

(B) Rate earned on common stockhloder's equity= 16%

Explanation:

A company reports the following profitability analysis

Net income of $375,000

Preferred dividend of $75,000

Average stockhloder's equity of $2,500,000

Average common stockhloder's equity of $1,875,000

(A) The rate earned on stockholder's equity can be calculated as follows

= Net income/Average stockholders equity

= $375,000/$2,500,000

= 0.15×100

= 15%

(B) The rate earned on common stock holder's equity can be calculated as follows

= Net income-Preferred dividend/Average common equity

= $375,000-$75,000/$1,875,000

= $300,000/$1,875,000

= 0.16×100

= 16%

Hence the rate earned on stockholder's equity and common stockhloder's equity is 15% and 16% respectively.

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Which of the following would not work on a newspaper either in print or online form

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D - A Superintendent

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3 years ago

Periodic Inventory Using FIFO, LIFO, and Weighted Average Cost Methods

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Answer:

LIFO ending inventory $ 544.00

Weighted average: $ 565.44‬

FIFO ending invetory: $ 590.00

Explanation:

weighted-average:

1,449 / 41 = 35,34

Ending Inventory

16 x 35.34

LIFo we pick the first 16 units as the latest were sold:

8 units at $ 33 = $ 264

8 units at $ 35 = $ 280

Total ending inventory $ 544

FIFo we pick the last as the first one are the first being sold

15 units at 37 = 555

1 unit at 35 = 35

total ending 590

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3 years ago

Read 2 more answers

Hope College is planning for the next biennium. School administrators know that the enrollment is on the decline, but still need

Alekssandra [29.7K]

They can accomplish this through early retirement.

<h3><u>Explanation:</u></h3>

Early retirement is a way that we use to stop or discontinue something. Most of the aged person tends to choose early retirement for the purpose of achieving the benefits form the organisation to the most possible level. This decision can be taken when we know that the organisation will be closed in the near future and continuing work will not benefit us.

When we decide for the early retirement the befits that we attain from that will be more than the benefit that are obtained in continuing work. In the given example, Hope college has a plan for next biennium. But, the enrollments are reduced in number and they want to reduce the payroll slowly. Thus this can be accomplished with the help of early retirement.

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3 years ago

Determine whether the statement is true or false. if f is continuous on [a, b], then d dx b f(x) dx a = f(x).

uysha [10]

The correct answer is option (b) False.

Differentiation:

Differentiation is a technique for determining a function's derivative. Differentiation is a mathematical procedure for determining the instantaneous rate of change of a function depending on one of its variables.

Explanation:

Given:

A statement is given "If f is continuous on

[a,b], then ddx(∫baf(x)dx)=f(x)".

The objective of the question is to determine whether the statement is true or false and why.

It is known that the value of a definite integral of a function is always a constant. So, ∫baf(x)dx

is a constant.

It is also known that the derivative of a constant is always equal to 1. Therefore, the correct equation is ddx(∫baf(x)dx)=1.

Thus, the given statement is false.

To know more about integration visit

brainly.com/question/20436567?

#SPJ4

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2 years ago

Del Gato Clinic deposits all cash receipts on the day when they are received and it makes all cash payments by check. At the clo

Sergeeva-Olga [200]

Answer:

Explanation:

Bank Reconciliation: The bank reconciliation deals with the bank statement balance and the cash statement balance. The motive is to compare these two statements so that the organization can run in the smoothly manner.

There are various transactions due to which the bank statement balance and the cash statement balance do not match. To match these statements, we adjust the transactions accordingly.

The journal entries are shown below:

a. No journal entry required

b. Miscellaneous expense A/c Dr $16

To Cash A/c $16

(Being service charges is paid)

c. Cash A/c Dr $9 ($476 - $467)

To Utilities expense A/c $9

(Being correction is recorded)

d. No journal entry required

The preparation of the bank reconciliation statement is presented in the spreadsheet. Kindly find the attachment below:

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3 years ago