If consumers start to believe they need a product, what is likely to happen?

At December 31, 2012 and 2013, Plank Corp. had outstanding 3,000 shares of $100 par value 8% cumulative preferred stock and 15,0

zalisa [80]

Answer:

Preference shareholders = $36,000

Equity shareholders = $9,000

Explanation:

As provided the outstanding preference dividend at end of 2012 = $12,000

Total cash dividends declared = $45,000 in the year 2013

Regular preference dividends = $100 $\times$ 3,000 $\times$ 8% = $24,000

Thus, when dividends will be paid in 2013 then firstly they will be used for payment to preference shareholders.

Thus, the company shall pay:

$12,000 + $24,000 = $36,000 to preference shareholders.

Further the balance will be paid to equity shareholders.

= $45,000 - $36,000 = $9,000

3 0

3 years ago

Molteni Motors Inc. recently reported $3.5 million of net income. Its EBIT was $5.25 million, and its tax rate was 30%. What was

Hatshy [7]

Answer:

$250,000

Explanation:

The computation of the interest expense is shown below:

Given that

Net Income = $3,500,000

Tax rate = 30%

EBIT = $5,250,000

As we know that

EBT = EBIT - Interest Expense

So,

Interest expense = EBIT - EBT

where,

EBT = Net Income ÷ (1 -Taxes)

= $3,500,000 ÷ ( 1 - 30%)

= $5,000,000

And, the EBIT is $5,250,000

So, the interest expense is

= $5,250,000 - $5,000,000

= $250,000

We simply applied the above formula

7 0

3 years ago

What is the name of the two year program that prepares high school students for jobs in the hotel industry

Stells [14]

Certified Hospitality Instructor (CHI)

7 0

3 years ago

Read 2 more answers

According to the value in diversity problem-solving approach A. surface-level diversity is less likely to lead to team cohesion

marshall27 [118]

Answer:

The correct answer is option E (diversity in teams is beneficial because it provides for a larger pool of knowledge from which a team can draw as it carries out its work).

Explanation:

Diversity in an organization/team is broad in its definition as it describes a group of individuals who are from different backgrounds, races, ages, education working for a common goal.

When we talk about surface-level diversity, then we are pointing at those visible differences such as sex, age. While Deep-level diversity is those characters that are not visible such as beliefs, likes, dislikes, temperament.

Diversity in teams is beneficial because team members would have diverse backgrounds, experiences, problem-solving capacities, exposures, bringing diverse solutions to the team which leads to good team performance, and a quick, better solution to problems.

3 0

3 years ago

What soft skills do employers request when they list job openings in your field?Your Task. Individually or in teams, check the l

RSB [31]

Answer:

In the Present world, all the organizations need to procure individuals who don't just have the necessary specialized aptitudes to do things but who likewise have other delicate abilities like uplifting disposition, capacity to organize work and so on. Upon our investigation of discovering how and what the organizations truly need from the workers, it was seen that all the organizations laid extraordinary accentuation on having delicate abilities in any individual.

The exploration was led on top contracting firms like Monster, College Grad, College Recruiter, organizations' separate sites, Linkedln accounts and so forth. Aside from referencing the specialized abilities vital for the activity, it was additionally referenced that the representative ought to have the option to perform well in groups, ought to be a group laborer. They need individuals who really regard others and their considerations and can coexist well with one another. At the point when such a culture is assimilated in any association, the association moves towards progress at a quicker rate than an organization who has quite recently procured a lot of geeky, laid back individuals who are simply centered around satisfying their individual objectives. Such associations develop however at an exceptionally moderate rate. The human work force is one of the most significant resources that any organization makes progress toward. At the point when this perspective isn't satisfied totally, the entire motivation behind accomplishing goals bombs wretchedly.

Hence, each organization, regardless of whether little or enormous endeavors to enlist the best of individuals with great characteristics who will take the organization excessively far.

3 0

2 years ago