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3 years ago

Use the following data to determine the total dollar amount of assets to be

Business

1 answer:

gavmur [86]3 years ago

4 0

Answer:

=$350,000

Explanation:

Property, plant, and equipment are the tangible long-term fixed assets of a company. The total of PPE is the sum of all fixed long term assets minus accumulated depreciation.

There are fixed assets hence will appear on the asset side of the balance sheet. For Koonce Office Supplies, PPE will include

Land : $180,000

Buildings: $210,000

Total = $180,000 + $210,000

Total = $390,000

less accumulated depreciation

=$390,000 -$40,000

=$350,000

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The ZZZ Corporation has preferred stock. The preferred stock pays a dividend per share every year of $6.50. The stock sells for

defon

Answer:

True

Explanation:

The statement is true because according to dividend growth method the price of the given preferred stock is $81.25.

Formula to calculate the prce of share using Dividend growth method is

Price of share = D0 / (Rate of return - Growth rate)

In case of preferred stock a stable dividend is paid and there is no growth in the dividend payment.

Price of share = D0 / (Rate of return - 0)

Price of share = D0 / Rate of return

Share price = $6.5 / 0.08

Share Price = $81.25

8 0

4 years ago

Read 2 more answers

How would you analyze three business tenets someone e is considering to invest in company stock? What data would you use? How wo

Volgvan

If e, is considering to invest in company stock, 1st tenets should be input and output, Data of raw materials , processing data of that particular raw materials and output of finished goods,calculate the time taken for product as finished goods, Marginal cost, Descriptive statistics.2nd tenets data calculation of cash inflow and outflow, net profit , operating, income statement and balance sheet.3rd tenets Sales data time series analysis, ARIMA analysis and forecasting.

Explanation:

Business is simple and understood only, When you understand about the product yourself,If you want to start a business in a fitness drink people should be aware of ingredients of a fitness drink that's how the business become simple, ingredients in all business.
Even if you dont understand Business if it is not that simple look into there management there prospectus, Who is there internal auditor which is SWOT in there Accounting. How strong are they able to curtail there operating cost.
There are three types investment in business Large cap, Mid cap or diversified cap. Blue chip companies stay long term but less return vise/versa.
Data for business, P.E ration, IRR, CAPM, ROI, Ratio Analysis, Financial modelling and analytical mind.

6 0

3 years ago

Mary Jane is a lawyer who can earn $150 per hour in her law practice. She is also an excellent carpenter who can build cabinets

yaroslaw [1]

Answer:

The answer is: A) Mary Jane has a comparative advantage in law so she should specialize in law and hire a carpenter to make her cabinets.

Explanation:

Mary Jane has a comparative advantage by working as a lawyer over working as a carpenter. As a lawyer she can earn $150 an hour.

Considering that Mary Jane is 3 times as fast as a good carpenter, her work as a carpenter could be valued as the combined work of three carpenters. But even three carpenters earn less than a lawyer; $60 an hour ($20 an hour per carpenter times 3 carpenters).

So Mary Jane definitely should work as a lawyer and hire a carpenter or even three carpenters to build her cabinets.

5 0

3 years ago

Blue Spruce Corp. uses the percentage-of-receivables basis to record bad debt expense and concludes that 2% of accounts receivab

dedylja [7]

Answer:

The adjusting journal entry would be:

Debit: Bad debts expense $5,317

Credit: Allowance for Doubtful Accounts $5,317

Explanation:

Debit: Bad debts expense $5,317

Credit: Allowance for Doubtful Accounts $5,317

Explanation of the entry:

Allowance for doubtful debts at the end of the year = $402,000 × 2% = $8,040

Credit balance at the start = $2,723

Allowance for doubtful accounts = $8,040 - $2,723 = $5,317

The Allowance for Doubtful Accounts presently has a credit balance of $2,723 and allowance for doubtful debt at the end of year is $8,040, you need to enter an additional credit amount of $5,317 into the Allowance for Doubtful Accounts. The other part of this adjusting entry will be a debit of $5,317 to Bad Debts Expense.

6 0

3 years ago

For incentive pay to motivate employees to contribute to the organization's success, the pay plans must be well designed. Which

olga nikolaevna [1]

Answer:

C. Employees value the rewards or incentives that are being offered

Explanation:

Let's see the different options for answer...

A. Performance measures are to be linked to the individual's goals

No. Even if the performance measures should be linked to the individual's goals, just the mere existence of such KPI is not sufficient to motivate employees. There has to be some performance reward attached to it.

B. Employees are given very broad performance goals

No. To get a good performance and motivate employees, they must be given clear goals and objectives.

C. Employees value the rewards or incentives that are being offered

Yes. Even if you have good performance measurements, with realistic goals, the employees won't be motivated to reach those goals if the reward doesn't worth the effort.

D. Employees are given limited resources to meet their goals

No. They won't be motivated if they don't think they have the means to achieve those goals.

6 0

3 years ago