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Elodia [21]
2 years ago
10

The following costs were incurred in May:

Business
1 answer:
galben [10]2 years ago
6 0

Answer:

the conversion cost is $58,200

Explanation:

The computation of the conversion cost is shown below:

The conversion cost is

= Direct Labor + Manufacturing Overhead

= $32,800 + $25,400

= $58,200

Hence, the conversion cost is $58,200

It is the combination of the direct labor and the manfacturing overhead

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A mutual fund had NAV per share of $23.00 on January 1, 2016. On December 31 of the same year, the fund's NAV was $23.15. Income
Stella [2.4K]

The rate of return did an investor receive on the fund last year is : 8.87%.

<h3>Rate of return</h3>

Using this formula

Rate of return=(Dec fund's NAV -Jan fund's NAV +Income distribution+Capital gain distribution)/Jan fund's NAV

Let plug in the formula

Rate of return = ($23.15 - $23.00 + $.63 + $1.26)/$23.00

Rate of return =$2.04/$23.00×100

Rate of return = 8.87%

Therefore the rate of return did an investor receive on the fund last year is : 8.87%.

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2 years ago
The main challenge of career planning in changing times is that
Serggg [28]
The answer is to adjust plans very often
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2 years ago
Describe the basic rights of common stockholders. What are the key differences between common and preferred stock?
BARSIC [14]

Answer:

Some rights of common stockholders are given below.

Voting power on major issues.

Ownership in a portion of the company.

The Right to transfer ownership.

Right to receive declared Dividends.

Opportunity to inspect corporate books, minutes file and other records.

The right to sue for wrongful acts.

Right to attend AGM.

Differences between common and preferred stock

Preferred stock have no voting right while common stock holders have voting right.

When interest rates rise, the value of the preferred stock declines, and vice versa.  With common stocks, however, the value of shares is regulated by demand and supply of the market participants.

Common stockholder has right to participate in net asset of company in case of winding up. Preferred stock holder has no such right.

Company profitability have direct effect on wealth of common stockholder but not of preferred stock holder.

7 0
3 years ago
If you bought a share of common stock, you would probably expect to receive dividends plus an eventual capital gain. Would the d
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Answer: Yes, the distribution between the dividend yield and the capital gains yield would influence the firm’s decision to pay more dividends rather than to retain and reinvest more of its earnings.

Explanation:

Yes, If a company decides to increase its dividend payout ratio, the dividend yield component will rise, but the expected long-term capital gains yield will decline as there is less to reinvest in the company. Also, if the company doesn't pay out dividends, there's more to reinvest in the company. Stable and older companies that are not on a growth objective rely on investors that prefer dividends more than share price appreciation. On the other hand, emerging companies, are inclined to share price appreciation to attract investors. Investors understand that all retained earnings are going towards marketing and growth objectives.

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3 years ago
The motives of those involved in unethical behavior that caused the financial crisis in the real estate, banking, and mortgage i
dlinn [17]

The motives of those involved in unethical behavior that caused the financial crisis in the real estate, banking, and mortgage industries included Option A greed and the wish to inflate their own earnings.

<h3>What is  unethical behavior?</h3>

unethical behavior bare behavior that is contrary to the rules and principle of the organization.

In most cases it is usually as a result of greed and the wish to inflate their own earnings.

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