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3 years ago

1. Your older sister, Anna is trying to figure out how she's going to pay for college in the

1 answer:

6 0

1.) student loans due to the fact that they are more secure than credit card debt and maybe have long periods before they have to be paid off.
2.) chad has a maximum amount of money he can use before it has to be paid back. Unfortunately chads maximum was so low he couldn’t even buy popcorn, or he already maxed out his card.

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A leader who is more about collaboration than command and control would be said to be _____________ .

yanalaym [24]

Answer:

The correct answer is letter "A": an interactive leader.

Explanation:

Interactive leaders are those who are involved in the day-to-day activities of their subordinates coordinating what is necessary for them to perform their activities efficiently. These leaders promote a horizontal hierarchy within their companies.

Interactive leaders are seen as power-sharing executives since they do not limit subordinates' decision-making but monitor them closely to verify if they are meeting the expectations that will contribute achieve the overall goal of the team.

8 0

3 years ago

Oceanic Company has 15,000 shares of cumulative preferred 2% stock, $150 par and 50,000 shares of $15 par common stock. The foll

laiz [17]

Answer and Explanation:

The computation of the dividends per share for preferred and common stock is shown below:-

Annual preferred Dividend = 15000 × $100× 2% = $30,000

Oceanic Company

2011 2012 2013

Net income (A) $67,500 $22,500 $135,000

Less: Total Preferred Dividend paid

Preferred Dividend $30,000 $22,500 $37,500

($30,000 + ($30,000 - $22,500)

Available common stock $37,500 $0 $97,500

Preferred Stock holder

outstanding $15,000 $15,000 $15,000

Common stock shares

outstanding 50,000 50,000 50,000

Dividend per share

Preferred $2.00 $1.50 $2.50

For computing the dividend per share we simply divide preferred dividend by Preferred Stock holder outstanding

Common stock $0.75 $0.00 $1.95

In the same manner for computing the Dividend per share common stock we simply divide the available common stock by common stock shares outstanding.

7 0

4 years ago

The accountant at Novak Corp. is figuring out the difference in income taxes the company will pay depending on the choice of eit

Serhud [2]

Answer:

$459

Explanation:

Computation of the given data are as follows:

Tax rate = 30%

Income before taxes (FIFO method) = $21,330

So, tax amount = $21,330 × 30%

= $6,399

Income before taxes (LIFO method) = $19,800

So, tax amount = $19,800 × 30%

= $5,940

So, we can calculate the difference in taxes by using following formula:

Difference in Tax = $6,399 - $5,940

= $459

4 0

3 years ago

Cash $5,900 $7,000 Accounts receivable 61,400 51,500 Short-term debt investments (available-for-sale) 35,000 18,200 Inventory 40

shepuryov [24]

Answer:

Cash Flow Statements-Indirect Method

Explanation:

Amount in $

Cash Flows from Operating Activities

Net Income 22,400

Adjustments:

Income Tax Expense 5,600

Income Tax Paid (5,900-3900+5600) (7,600)

Accounts Received (51,500-61,400) 9,900

Short term Investment Made (18,200-35,000) (16,800)

Inventory (60,500-40,000) 20,500

Prepaid Rent (4,100-5000) (900)

Depreciation (25,100-35,200) 10,100

Accounts Payable (40,100-46,100) 6,000

Salaries (4000-8000) 4,000

Gain/Loss on Sale of Equipment (9,400-2,100) 7,300

Cash Generated from operations 60,500

Cash Flows from Investing Activities

Total Assets Purchased (297,300-310,800-19800) (32,500)

Proceeds from sale of equipment (12,200)

Cash Flows from Financing Activities

Dividend Paid ( 6,100)

Short Term Loans (10,000-8,100) (1,900)

Long Term Loans Paid (69,300-60,400) (8,900)

Net Decrease in Cash and Cash Equivalents (1,100)

Cash at Beginning 7,000

Cash at ending <u>5,900</u>

3 0

4 years ago

A $1000 deposit is put into a savings account. Which of the following compounding frequencies will ensure highest interest earne

Debora [2.8K]

Answer:

IN 1OYRS YOULL BE AT 100K IF UR SAVING

Explanation:

8 0

3 years ago

Read 2 more answers