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3 years ago

Preferred stockholders receive their

Business

1 answer:

pshichka [43]3 years ago

4 0

Answer:

D- before; non-voters

Explanation:

Preferred stocks represent a type of ownership in a corporation or limited liability company. Preferred stockholders are given preference over the assets of the business. If the business makes profits, preferred shareholders will be paid first. In case of a dissolution, preferred shareholders will be given priority over ordinary shareholders in the distribution company's assets. On the flip side, preferred shareholders have no voting rights on matter pertaining to the business.

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Frederick Taylor relied on _______ to make management decisions.

Dahasolnce [82]

B. Management practices

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4 years ago

Read 2 more answers

Priscella pursued a hobby of making bedspreads in her spare time. Her AGI before considering the hobby is $40,000. During 2019 s

daser333 [38]

Answer:

Income = $10,000
Adjusted Gross Income (AGI) Deduction = $0
Claim $10,000 as itemized deduction due to expenses

Explanation:

The activity being a hubby does not exempt it from tax so the $10,000 will be included as income for tax purposes and there will be no deduction for this from the AGI.

She can however, claim her expenses as itemized deductions. There is no tax on interest payment so expenses deducted are:

= 4,000 + 6,500 - 500

= $10,000

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3 years ago

A company reports on the cash basis. During the company's first year of business, it had sales on account of $1,000,000, invento

grandymaker [24]

Based on the information given the company's cash-basis income for its first year of operations is $350,000.

First step

Net sales revenues =Sales - Account receivable

Net sales revenues= $1,000,000 - $100,000

Net sales revenues = $900,000

Second step

Net expenditure on purchases =Inventory purchases - Account payable

Net expenditure on purchases =$400,000 - $50,000

Net expenditure on purchases = $350,000

Third step

Cash-basis income =Net sales revenues - Net purchases expenditure - Other expenses

Cash-basis income= $900,000 - $350,000 - $200,000

Cash-basis income= $350,000

Inconclusion the company's cash-basis income for its first year of operations is $350,000.

Learn more about cash-basis income here:brainly.com/question/25817056

8 0

2 years ago

Crane Corporation recently reported an EBITDA of $29.60 million and net income of $9.7 million. The company had $6.8 million in

vesna_86 [32]

Answer:

$7.88 million

Explanation:

Net Income = (EBITDA- Interest - Dep)*(1-tax)

Net income = 9.7

Earnings before interest, taxes, depreciation and amortization; EBITDA = 29.60

Interest = 6.8

tax = 35% or 0.35

9.7 = (29.60 - 6.8 - Dep)(1-0.35)

9.7 = (22.8 - Dep)*0.65

Divide both sides by 0.65

9.7/0.65 = 22.8- dep

14.9231 = 22.8 -dep

Dep = 22.8 - 14.9231

Dep = 7.8769

Therefore, depreciation and amortization expense is $7.88 million

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3 years ago

In a results oriented organization that focuses on quality and teamwork, which level of organizational structure should assume p

SOVA2 [1]

In a results-oriented organization that focuses on quality and teamwork, followers should assume primary responsibility.

<h3><u>Explanation:</u></h3>

The thing that `guides the activities to be carried out for achieving the objectives and goals of an organisation refers to the organisational structure.The activities can include things like role,rules and responsibilities. The organisational structure plays a major roil;e in the determination of how well an organisation can achieve its goals.

The structure that an organisation must follow is dictated by the top management. The organisational structure decides the flow of information into various levels of an organisation. When an organisation focuses mainly on the outcome that is achieved finally without focusing on the way the outcome is reached refers to result oriented organisation. Thus, in such organisation, the followers should assume primary responsibility.

7 0

4 years ago