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Juliette [100K]
3 years ago
11

considered the first and lowest level of stocks. common stock 2. probably the safest investment; corporations can withstand a do

wnturn in the economy issue 3. the most basic stock a company will issue; it carries higher risks than other stocks downturn 4. the owners of this type of stock will collect their dividends first, before the owners of common stock blue chip stocks 5. a share of profits received by a shareholder dividend 6. a financial return that has a set limit penny stocks 7. a dip in the market preferred stock 8. the act of a company selling stock fixed dividend payment
Business
1 answer:
Gnoma [55]3 years ago
4 0

Answer:

1. Penny Stock

2. Blue chip stock

3. Common stock

4. Preference Stock

5. Dividend

6. Fixed dividend payment

7. Downturn

8. Issue

Explanation:

1. Considered the first and lowest level of stocks: Penny Stock

2. Probably the safest investment; corporations can withstand a downturn in the economy issue: Blue chip stock

3. The most basic stock a company will issue; it carries higher risks than other stocks downturn: Common stock

4. The owners of this type of stock will collect their dividends first, before the owners of common stock: Preference Stock

5. A share of profits received by a shareholder: Dividend

6. a financial return that has a set limit: Fixed dividend payment

7. a dip in the market: Downturn

8. the act of a company selling stock : Issue

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Carla Vista Diesel owns the Fredonia Barber Shop. He employs 5 barbers and pays each a base rate of $1,480 per month. One of the
Umnica [9.8K]

Answer:

a). Total fixed costs per month=$9,310

Total variable cost per haircut=$28.10

b). Break-even point=1,900 haircuts

Break-even sales=11×1,900=$20,900

c). Net income=$2,548 profit

Explanation:

a)

Variable costs depend on the level of output. They can be calculated as follows;

Total variable cost per haircut=Commission per haircut+supplies per hair cut+utilities per hair cut

where;

Commission per haircut=$5.50=$5.50

Barber supplies per hair cut=$0.36

utilities per hair cut=$0.24

replacing;

Total variable cost per haircut=5.50+0.36+0.24=$6.10

Fixed costs do not depend on the level of output. They can be calculated as follows;

Total fixed costs per month=base rate per month+manager extra salary per month+advertising per month+rent per month+utilities per month+magazines per month

where;

base rate per month=1,480×5=$7,400

manager extra salary per month=510×1=$510

advertising per month=$220

rent per month=$980

utilities per month=$180

magazines per month=$20

replacing;

Total fixed costs per month=7,400+510+220+980+180+20=$9,310

Total fixed costs per month=$9,310

Total variable cost per haircut=$6.10

b). Break-even point is the point where the cost of goods sold is the same as the amount received in sales;

Cost of goods sold=Fixed costs+total variable costs

where;

Fixed costs=$9,310 per month

Total variable costs=variable cost per haircut×number of haircuts=6.10×n=$6.1 n

replacing;

Cost of goods sold=6.1 n+9,310... equation 1

Total sales=cost per haircut×number of haircuts (n)=11×n=11 n

Total sales=11 n... equation 2

Equate equation 1 and 2

6.1 n+9,310=11 n

11 n-6.1 n=9,310

4.9 n=9,310

n=9,310/4.9=1,900

n=1,900

Break-even point=1,900 haircuts

Break-even sales=11×1,900=$20,900

c). Determine net income

Net income=Revenue-expenses

where;

revenue=11×2,420=$26,620

expenses=(6.1×2,420)+9,310=14,762+9,310=$24,072

replacing;

Net income=26,620-24,072=$2,548

Net income=$2,548

8 0
3 years ago
Luci has worked as a customer service representative for two years. She believes that this job has improved her ability to cope
vichka [17]

Answer:

<em><u>Self-efficacy.</u></em>

Explanation:

Self-efficacy at work is a personality trait that impacts the attitude employees will take when performing challenges and tasks in an organization.

When the level of self-efficacy is high, employees are self-motivated to commit more and more deeply to their work, setting goals and objectives to achieve complex tasks, which are seen as results of personal effort and overcoming.

7 0
3 years ago
In which type of appraisal interview does the interviewer communicate the strong and weak points of an employee's performance du
shutvik [7]

<u>Answer: </u>Tell and Listen method of appraisal is used in the above mentioned scenario.

<u>Explanation:</u>

In tell and listen method of appraisal the evaluation of the employees is communicated to them at first. The superior in hierarchy does the appraisal where the superior gives the feedback on the performance at first which includes the strengths and weakness.

Then the employee is allowed to respond to the evaluation. The employee can express his feelings after receiving the evaluation whether he is happy or not. The employees have right to vent their feelings even its frustration.

7 0
3 years ago
On December 31, 2020, Lemmon Company issued 20,000 shares of its common stock with a fair value of $50 per share for all of the
Phantasy [73]

Answer:

$1,002,000

Explanation:

The costs incurred on the share for share exchange include the fair value per share ,issue costs,direct cost as well as contingent consideration(consideration based on the acquired business performance.

However,the costs eligible to be recorded as investment upon acquisition are the fair value per share and the contingent obligation as shown below:

Fair value (entire shares) $50*20,000=$1,000,000

fair value of potential obligation           =$2000

total value of investment                        $1,002,000

The issue costs and direct should be expensed immediately.

5 0
3 years ago
Utopia Corporation provides $6,000 worth of lawn care on account during the month. Experience suggests that about 3% of net cred
photoshop1234 [79]

Answer:

The answer is C.

Explanation:

Credit sales is $6,000

Bad debt is 3% of net credit sales which is $180($6,000 x3%)

Creating allowance for doubtful debt entry is one of the prudent method and it tells us that some customers won't pay part of what they are owing. And it is also a contra account that offset bad debt.

According to the accounting rule, debit increases asset and expenses and vice-versa while credit decreases liability, equity, income and vice versa.

So we have have:

Dr Bad debt expense $180

Cr Allowance for Doubtful Accounts $180

6 0
3 years ago
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