Answer: $23.63 million
Explanation:
First and foremost, we can calculate the quarterly common stockholder dividend which will be:
= $0.25 × 1 Million
= $0.25 million
Then, the annual dividend to the common stockholders will be:
= $0.25 million × 4
= $1 million
The quarterly preferred stockholder dividend will be calculated as:
= $0.50 × 0.50 Million
= $0.25 million
We would then multiply $0.25 million by 4 to get the annual dividend attributable to the preferred stockholders which will be:
= $0.25 million × 4
= $1 Million
Total Dividend would then be:
= Annual dividend to common stockholders + Annual dividend to preferred stockholder
= $1 Million + $1 Million
= $2 Million
The value of the retained earnings balance at the end of the year will then be:
= Retained Earnings at the beginning of the year + Net Income – Dividend
= $23.45 + $2.18 - $2.00
= $23.63 million
<h2><u>Answer:</u></h2>
The correct option is A (Bottom-Up)
<h3><u>Explanation:</u></h3>
As indicated by Theoretical Synthesis, "when an upgrade is displayed short and lucidity is unsure that gives an ambiguous boost, discernment turns into a best down methodology." Conversely, brain research characterizes base up handling as a methodology wherein there is a movement from the individual components to the entirety.
Bottom Up Strategic Management. With a best down key methodology, the official group of the business sets up plans and objectives, and afterward imparts that system to center supervisors, who at that point move toward becoming entrusted with executing that procedure through general population representatives.
Answer:
The journal entries are shown below:
Explanation:
The journal entries are as follows
Raw materials inventory $90,000
To Cash $90,000
(Being the raw material is purchase for cash is recorded)
Factory overhead $17,000
Raw materials inventory $17,000
(Being the factory supplies is recorded)
Work in process inventory $66,100
Raw materials inventory $66,100
(Being the work in process is recorded)
Only these three entries are to be recorded)
Answer:
Find attached question with multiple choices
The third option ,72,000 shares, is the correct answer.
Explanation:
A stock split refers to redenomination of shares by increasing the number of shares and proportionately reducing the number par value per share.
A 3-1 share split means that one prior share now commands three shares while the price of one share is apportioned between the three shares
Robinson now 3/1*24,000 shares=72,000 shares
One previous share was $1 par value but the three new shares would $1/3=$0.33 per share instead of the previous $1 par value
Answer:
The answer is: D) He is the leader of the informal organization in this business.
Explanation:
Informal organization refers to the interlocking social structure that governs how people work within an organization. It is made up of all the personal connections, social networks, and common interests inside the organization.
Gehrig is the manager of the company, but Wayne is the leader of the group of people that work there.
