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Katarina [22]
3 years ago
15

Use the following information to answer the next 3 questions:

Business
1 answer:
adelina 88 [10]3 years ago
4 0

Answer:

Check the following calculations

Explanation:

Answer [a]

Preferred stock shares issued and outstanding = $ 105,000 / $ 50 par value = 2,100 shares

Answer [b]

Common Stock shares outstanding = Total issued – Treasury stock shares

= ($40000 / $4 par) – 4000 shares

= 10000 – 4000

= 6,000 shares

Answer [c]

Cost of Treasury shares = $ 15000 / 4000 shares = $ 3.75

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Fiscal stimulus to aid recovery from a recession will be most effective in the long run if______________ it can be reversed as t
12345 [234]

Answer:

it can be reversed as the business cycle approaches the next peak.

Explanation:

The government should do as Josua stated millenia ago:

save in the seven good years to spend in the seven bad years.

The fiscal stimulus is good when there is no crowingout effect that is, the use of resource from the government do not compite with private demand. hat is true in recession. But; it is precisely what occurs at peak or near full employement. In that scenario the government should decrease their stimulus to aggregate demadn as will only be inflationary

3 0
3 years ago
Select all items that describe command economies.
skad [1K]
A command economy is yes inefficient because if the government will be the one to dictate the price of goods and what goods can be produced, then obviously the businesses will have to will to produce. They will just be following what the government says and will not give their whole heart to it. This will make the production of goods and services inefficient. Also, there will be a limited selection because if the will of the workers are hindered, then there will be no innovations and inventions
4 0
3 years ago
Read 2 more answers
Which of the following is NOT a valid principle of bottleneck​ management?
Gekata [30.6K]

Answer: Option (B)

Explanation:

In project and production management,  bottleneck is referred to as one of the process under chain of processes, so that reduced limited capacity tends to reduce capacity of whole chain. The result or outcome of having the bottleneck is the stalls in supply overstock, production, pressure from consumers and also the low employee morale.

8 0
2 years ago
Flannigan Company manufactures and sells a single product that sells for $450 per unit; variable costs are $270. Annual fixed co
uysha [10]

Answer: The company's current sales is 9,333 units.

It has to sell a total of 10,695 units in order to achieve a target pre tax income of $1,125,000.

First we calculate the number of units sold at the current sales level.

We compute this as:

\frac{Sales}{Price per unit} = \frac{4,200,000}{450}  = 93333.33 units

Next we find the contribution margin per unit.

Contribution margin per unit =  Selling Price - Variable Cost

Contribution margin per unit =  450 - 270

Contribution Margin per unit is <u>$180.</u>

Flannigan Company's current per-tax income is calculated as :

Sales                                                                    4200000


less:Variable costs @ $270  for 9333.33 units           -2520000


Contribution                                                            1680000


less:Fixed Costs                                                            -800000


Pre tax income                                                     880000


With this information, we can calculate the Contribution Margin required if the pre tax income should be $1,125,000. We work backwards in order to find the Contribution Margin from Pre-tax income.

Targeted Pre Tax income                                $1,125,000

Add: Fixed Costs                                              $  800,000

Contribution Margin                                         $1,925,000

Since we know the per unit contribution, we can calculate the number of units to be sold as:

Targeted sales in units = \frac{New contribution margin}{Contribution per unit}

Targeted sales in units = \frac{1,925,000}{180} = 10,694.44

Since products can't be sold in parts, any decimal value after a whole number will be rounded up. Hence the targeted sales will be 10,695 units.


7 0
3 years ago
Read 2 more answers
Old Quartz Gold Mining Company is expected to pay a dividend of $8 in the coming year. Dividends are expected to decline at the
LenKa [72]

Answer:

$133.33

Explanation:

Calculation for The intrinsic value of the stock

Intrinsic value of the stock = 6% + [−0.25(14% − 6%)] = .04

Intrinsic value of the stock = 8/[.04 − (−.02)]

Intrinsic value of the stock = 8/.06

Intrinsic value of the stock = $133.33

Therefore the intrinsic value of the stock is $133.33

8 0
2 years ago
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