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Tasya [4]
3 years ago
10

Boxer Inc. reported inventory at the beginning of the current year of $360,000 and at the end of the current year of $411,000. I

f net sales for the current year are $4,429,200 and the corresponding cost of sales totaled $3,321,900, what is the inventory turnover for the current year?
Business
1 answer:
Lerok [7]3 years ago
4 0

Answer:

9.75

Explanation:

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Headland Corp. had $100,000 of 7%, $20 par value preferred stock and 12,000 shares of $25 par value common stock outstanding thr
KonstantinChe [14]

Answer:

total dividends distributed to common stockholders = $42,294.12

dividend per common stock = $42,294.12 / 12,000 = $3.52

Explanation:

allocated preferred dividends = 5,000 x $20 x 7% = $7,000

dividends directly allocated to common stockholders = $7,000 (same as above)

total dividends declared - allocated dividends = $64,000 - $14,000 = $50,000

total common + preferred stocks = 5,000 + 12,000 = 17,000

dividends per stock = $50,000 / 17,000 = $2.9412

dividends distributed to common stockholders = $42,294.12

dividends distributed to preferred stockholders = $21,705.88

dividend per common stock = $42,294.12 / 12,000 = $3.52

7 0
3 years ago
What is the difference between an elementary educator and a high school educator?
Nuetrik [128]
Elementary educators have to be patient and careful with what, how, and where they teach. High School educators need to be strict about when, and how.
5 0
3 years ago
Monte inherited 1,000 shares of Corporation Zero stock from his father who died on March 4, 2020. His father paid $44 per share
Marina86 [1]

Answer:

$6,000 LTCG

Explanation:

Calculation to determine the amount and character of the gain or loss that Monte recognizes

Using this formula

Recognized gain or loss =Amount realized -Basis

Let plug in the formula

Recognized gain or loss=(1,000 Shares*$54 per share)-(1,000shares*$48 per share)

Recognized gain or loss=$54,000-$48,000

Recognized gain or loss=$6,000 LTCG

Therefore the amount and character of the gain or loss that Monte recognizes is $6,000 LTCG reason been the any gain Amount on the sales of property that was inherited are often tend to be LTCG

6 0
2 years ago
When Jenna Henderson works overtime (any hours over 40 hours a week), she us paid 1.5 times her regular hourly rate. Last week,
Aleonysh [2.5K]
Jenna earned $474.50 last week.
3 0
3 years ago
Read 2 more answers
According to Mikey, the founder, Holden Outerwear does not manufacture its garments in the United States because of the: aplicat
wolverine [178]

Answer:

d

Explanation:

The complete question is mentioned in attachment. According to 2nd line and  2nd last line, option d is the ocrrect answer.

3 0
3 years ago
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