Answer:
d. 12.6%
Explanation:
Rollins Corporation will receive $100 - ($100 x 5% flotation costs) = $100 - $5 = $95 net for each preferred stock issued
Since it will have to pay $12 on preferred dividends, the cost of preferred stocks = preferred dividend per preferred stock / net amount received per preferred stock = $12 / $95 = 0.1263 = 12.6%
Flotation costs are costs that a corporation incurs when issuing new stocks or bonds, and they include legal fees, underwriting fees, etc.
Answer:
answer is b) False
Explanation:
given data
contribution margin = $10
selling price = $25
total fixed costs = $500
break-even point = 100 units
solution
we get here Break even point that is
Break even point = 
...........1
Break even point = 
Break even point = 50 units
but we have given break-even point is 100 units
so answer is b) False
Answer:
B) $ 485 $ 170
Explanation
The cost of goods manufactured includes all the manufacturing costs in a given period adjusting for changes in work in process balances. The total manufacturing costs are $ 630 but this results in an increase in work in process inventory by $ 145, so in other words, part of the total manufacturing costs have gone towards increasing the work in process balance.
So the cost of goods manufactured is $ 630 - $ 145 = $ 485.
The cost of goods sold is the cost of goods manufactured above adjusted for changes in finished goods.
so the cost of goods sold is $ 485 - $ 315 ( change in finished goods inventory) = $ 170.
Answer: Manage all lease agreements (new leases, renewals, subleases, and addendums) for 75 townhome tenants
Explanation:
Jack's lease agent position at Golden Sand Townhomes involved him managing all lease agreements in that he filed new leases, renewals, subleases and addendums.
He also attended to customer requests and was in charge of organising special celebrations for the tenants while also assisting in PR functions by helping management with marketing campaigns.
Answer:
28,000 Units
Explanation:
The inventory that we actually have possession or the point at which the risk and reward associated with the inventory are shifted towards the company then it must recognize it. So this means, the inventory that is ordered and yet not received on board and hence must not be included in the inventory.
Closing Inventory = Opening Inventory + Inventory Received - Inventory Despatched
Here
Inventory Received is Zero Units
Inventory Despatched is 2,000 Units
Opening Inventory 30,000 Units
By putting the values, we have:
Closing Inventory = 30,000 Units + 0 Units - 2,000 Units
Closing Inventory = 28,000 Units
