We import goods from other countries when they are harder to make in ours, we export goods to other countries when the goods are harder to make or obtain in theirs. if a nation exports more than it imports, a surplus is created. When a country imports goods more than it exports, it creates a trade deficit. A trade deficit in a nation causes it to have to borrow from other countries in order to pay for the imports. On the other hand, a surplus is much healthier for the economy light of the fact that it boosts economic output.
Answer:
Dividend to preferred shareholders= $5250
Explanation:
Non-cumulative preferred shareholders are those shareholders who are paid a fixed return on par value of their shareholding (i.e number of shares) which take priority over ordinary shares but holders of preferred shares don't have voting rights and therefore can't participate in the business affairs the way ordinary shareholders can.
The non-cumulative aspect of preferred shares means that if Sheridan corporation fails to pay preferred shareholders dividend in a year due to whatsoever reason, Sheridan won't be liable to pay them the previous years' dividend, they only get the current years' dividend.
First we compute total par value of preferred shares and apply the percentage of return to shareholders. The amount of dividend to be distributed to preferred shareholders is calculated as follows;
Dividend to preferred shareholders= (10500* $10) * 5%
Dividend to preferred shareholders= $5250
Answer:
The correct answer to the following question will be "$1.04/C$1".
Explanation:
The given values are:
U.S's spot rate = $1/C$1
Rate of inflation = 4%
Now,
According to Relative PPP, As Canada will have lower unemployment or inflation, its currency would appreciation by the gap in society, thus by 4%.
Hence,
New rate =
= $
Answer:
D. the executive summary
Explanation:
Front matter is the initial part of a report and comprises the following: title page, abstract, table of contents, list of figures etc.
The executive summary just like the abstract is a front matter because another definition of front matter is that they are always prepared after the other parts of the report has been concluded; and this holds true for the executive summary.
Lastly, 'front matter' also gets their name from the position they occupy in a report, and executive summary falls into that category.
Answer:
b. $480,000
Explanation:
With regards to the above information, first we need to calculate the manufacturing overhead rate.
Manufacturing overhead rate = Total estimated manufacturing overhead / Total amount of allocation base
Manufacturing overhead rate = $600,000 / 25,000 = $24
Therefore, allocated manufacturing overhead
= Overhead rate × Actual hours
= $24 × 20,000
= $480,000