Answer:
due to the amount of employment requests , they need a uniform document to organize records and identify candidates' skills
Explanation:
Unrealized gain = $12,000
Security Cost A Fair value B Unrealized amount (B-A)
ABC $40,000 $55,000 $15,000
DEF $72,000 $65,000 -$7,000
XYZ $16,000 $20,000 <u>$4,000</u>
Total <u>$12,000</u>
So, the unrealized gain to be recorded is $12,000
Income will increase by $84.
<u>The break-even point is the number of units required to cover the fixed costs. Net income is zero.</u>
First, we need to calculate the unitary variable cost:
Unitary variable cost= 120*0.3= $36
<u>Now, the unitary contribution margin:</u>
unitary contribution margin= 120 - 36
unitary contribution margin= $84
Preferred dividend = $8,000
Common stock dividend = $22,000
The computation of dividend is shown below:-
Preferred dividend = Total shares × Total shares of Noncumulative, nonparticipating, preferred stock outstanding
= $100,000 × 0.08
= $8,000
Common stock dividend = Cash dividend - Preferred dividend
= $30,000 - 8,000
= $22,000
Therefore the Preferred dividend is $8,000 and Common stock dividend is $22,000
