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Tanya [424]
3 years ago
7

Represents ownership, or equity, in a corporation

Business
1 answer:
Brilliant_brown [7]3 years ago
5 0

Answer:

Common Stock

Explanation:

common stock is a security that represents ownership in a corporation. Holders of common stock elect the board of directors and vote on corporate policies. this form of equity ownership typically yields higher rates of return long term.

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A firm uses a weighted-average process costing system. Direct materials and conversion costs are incurred evenly during the prod
natulia [17]

Answer:

Cost Per Unit Completed = $4.07

Explanation:

                                     Materials & Conversion

Beginning WIP Cost              $4,300                      

<u>Cost added in the period     $109,700</u>

Total Cost of the Units        $114,000  

Equivalent Units of Production (EUP): Completed Units + Ending WIP Units

EUP Materials & Conversion= 27,000 + 5,000 x 20% = 28,000

Cost per Equivalent Unit: Cost of Units / EUP  

Cost per EUP Materials & Conversion: $114,000 / 28,000 = $4.07

4 0
3 years ago
Accounting for trade in goods and services Suppose the following transactions occur during the current year:
Reil [10]

Answer:

Accounting for trade in goods and services

Indication of the combined effects of transactions on the U.S. national accounts for the current year:

1. Dmitri orders 40 bottles of wine from a French distributor at a price of $30.00 per bottle.

Amount  (Dollars)     $1,200            

Consumption          0

Investment              0

Government Purchases   0

Imports Exports    0

Net Exports  0

Gross Domestic Product (GDP) 0

2. A U.S. company sells 200 spark plugs to a Korean company at $5.00 per spark plug.

Amount  (Dollars)  $1,000

Consumption    0

Investment     0

Government Purchases   0

Imports Exports   $1,200 Exports

Net Exports  $1,200

Gross Domestic Product (GDP)  $1,200

3. Jake, a U.S. citizen, pays $670 for a surfboard he orders from Greatwaves (a U.S. company).

Amount  (Dollars)  $670

Consumption  $670

Investment  0

Government Purchases  0

Imports Exports  0

Net Exports 0

Gross Domestic Product (GDP) $670

Explanation:

The Gross Domestic Product (GDP) is the total market value of goods and services produced within an economy for a given period.  It is calculated with this formula: GDP=C+I+G+(X−M) where, C = Consumption of goods and services, I = Investments, G = Government Spending, X = Exports and M = Imports.  It is in turn influenced by transactions that take place on a daily basis.  Some of the transactions do not really affect a country's GDP.  For example, the order of bottles of wine by Dmitri (supposedly a Greek citizen) from a French distributor into (Greece).

4 0
3 years ago
Wrecked furniture. ralph buys new furniture for his living room from good times furniture. it is agreed that the goods will be p
lidiya [134]
<h2>the seller had the duty to deliver the goods to ralph's home</h2>

Explanation:

According to the question, the information provided are:

  • Ralph is a customer who ordered furniture from "Good times furniture"
  • Ralph agreed to receive goods from common carrier
  • While transporting, the goods got damaged.

Considering the above information, whatever may be the mode of delivery and through whomever it might be, seller is the sole responsible person to deliver the product.

A Customer does not know about the mediators. He only needs the product and he has rights only to question the seller and not the mediator.

7 0
4 years ago
Organizations are increasingly using teams for many reasons. The difference between a good team and an outstanding team has been
luda_lava [24]

Answer:

<u><em>The way team members treat each other. </em></u>

Explanation:

Work teams are formed to achieve organizational goals and results through a collaborative process. There are several added benefits to using work teams that makes more companies interested in using this strategy in the arrangement of employees, there is an increase in the exchange of experience and knowledge information that directly benefits in the resolution of tasks, as well as increased employee creativity and personal satisfaction by participating in team decisions and outcomes.

So what sets a good team apart from an excellent team is positive integration into a company, where each member has the same participatory and decision-making power and the group is open to hear suggestions, ideas, and personal individualities are respected and valued for the team. .

4 0
4 years ago
The market value of​ Fords' equity, preferred​ stock, and debt are $ 7 ​billion, $ 2 ​billion, and $ 13 ​billion, respectively.
Alisiya [41]

Answer: 9.48%

Explanation:

Given Data

Debts ;

$7 billion

$2 billion

$13 billion

Beta of Fords stock = Beta = 1.50

Market risk premium = Rp = 8.0%

Risk free rate of interest = Rf = 4.0%

Equity rate = 1.7

Market risk rate = 0.8

Risk free rate = 0.03

Therefore;

Cost of Equity ( Re ) = Risk free rate + equity rate × market risk premium

= 0.03 + (1.7 × 0.8)

= 0.166

Preferred Stock Cost ( PSC)= Dividend ÷ stock price

= 4 ÷ 30

= 0.1333

Total debt = 13 + 6 + 2 = 21 billion

D% = 13 billion ÷ 21 billion

      = 0.619

E% = 6 billion ÷ 21 billion

     = 0.286

P% = 2 billion ÷ 21 billion

     = 0.095

RD = debt capital at 8% maturity rate

Tc= 30%

Rwac =(w/ preferred stock)

= Re × E% + PSC × P% + Rd ( 1- Tc) D%

Rwac = (0.166)(0.286) + (0.1333)(0.095) + (0.08)(1- 0.3)*(0.619)

= 0.094803 * 100

= 9.48%

At 30% tax rate Ford weighted average cost is 9.48%

4 0
3 years ago
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