Answer:
both b and c
Explanation:
A Petty Cash Fund is a convenient way of paying for small transactions. It is mostly applied when making payment using other methods is unreasonable. The money spent should be replenished at least once to take the Petty Cash Fund back to its approved balance. Replenishment is also done when the dollar balance goes below a set level. Replenishing allows the petty cash fund to operate as intended.
Answer:
The correct answer to the following question is social structure theories.
Explanation:
Social structure theories are those type of theories or sociology explanation , which puts emphasizes on the poverty , absence of marketable skills , lack of education , sub cultural values etc. There are three sub types of social structure theories , which are strain theory , culture conflict theory and social disorganization theory.
Answer:
C) $22,727.
Explanation:
to calculate the 2019 layer, I will first determine the value of the 2019 inventory using LIFO:
(2018 inventory / 2018 price index) + (2019 inventory - 2018 inventory) = ($300,000 / 1.1) + ($350,000 - $300,000) = $272,727 + $50,000 = $322,727
to determine the LIFO layer = adjusted 2019 inventory - 2018 inventory = $322,727 - $300,000 = $22,727
The LIFO layer represents the difference in cost of goods sold from the ending of one year to the next year.
Answer: $23.57
Explanation:
We are going to use growth dividend discount model to solve the question where Do = Div/r - g
where Po = stock price
Div = Estimated dividend for following period
r = required rae of return
g = growth rate
Po = 3.10/0.15 - 0.0185
= $23.57
Answer:
So, in 2010, out of the dividends of $12000, $5000 was distributed to preferred stockholders.
Explanation:
A non cumulative preferred stock is a kind of stock that has a preference in terms of dividend payment over ordinary/common stock. This means that the dividend on the preferred stock is paid first and any remaining amount after dividend payment to this stock is distributable among common stockholders. Furthermore, in case dividends are not paid in a particular year, that year's dividends are not payable in future in case the stock is a non cumulative one. So, the dividends paid to non cumulative preferred stock in 2010 will be,
Dividend per year - Preferred stock = 10000 * 10 * 0.05 = $5000
So, in 2010, out of the dividends of $12000, $5000 was distributed to preferred stockholders.
