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Dovator [93]
3 years ago
15

Select the pairing that is correctly matched. A. Preferred stock: may be purchased by converting common stock shares into prefer

red ones B. Common stock: holders can mail in their votes if they can't attend a company's annual general meeting C. Common stock: may come with an additional dividend provision attached to company financial goals D. Preferred stock: is a less stable investment than common stock with fewer rights of ownership
Business
1 answer:
Degger [83]3 years ago
3 0

Answer:

C. Common stock: may come with an additional dividend provision attached to company financial goals

Explanation:

Dividends may have certain provisions that will have to be met for them to be disbursed to the Common Stock Holders that may be in accordance with Company financial goals. For example dividends may only be distributed when a certain level of profit is reached or when shares trades at a certain price.

Therefore,

The pairing that is correctly matched is Common stock: may come with an additional dividend provision attached to company financial goals

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Chez Fred Bakery estimates the allowance for uncollectible accounts at 3% of the ending balance of accounts receivable. During 2
yan [13]

Answer:

$50,120

Explanation:

Account receivable on December 31, 2021 × 3% = 600

Account receivable on December 31, 2021 = $600 ÷ 3% = $20,000

Accounts receivable on January 1, 2021 = $20,000 - $118,000 + $148,000 + $120 = $50,120

Therefore, the balance of accounts receivable on January 1, 2021 is $50,120.

5 0
3 years ago
debits to Work in Process--Assembly Department for April, together with data concerning production, are as follows: April 1, wor
Rina8888 [55]

Answer:

The conversion cost per equivalent unit is $3.31

Explanation:

The computation of the conversion cost per equivalent unit is shown below:

= Total conversion costs ÷ Total equivalent units

where,

Total conversion cost = completed units + Conversion costs during April

                                    = $6,000 + $35,000

                                    = $41,000

And, the total equivalents units equal to

= Finished good units × percentage of completion + ending work in process units  × percentage of completion

= 11,500 units × 100% + 1,500 units × 60%

= 11,500 units + 900 units

= 12,400 units

Now put these values to the above formula  

So, the per unit would equal to

= $41,000 ÷ 12,400 units

= $3.31 per unit

7 0
3 years ago
Increased optimism about the future will lead to Multiple Choice
iragen [17]

Answer:

C

Explanation:

more current investment and more future consumption.

8 0
3 years ago
A company begins a review of ordering policies for its continuous review system by checking the current policies for a sample of
Maru [420]

Answer:

Explanation:

Given that:

weekly demand = 72 units

no of weeks in 1 year = 48

Then; total demand = 72 × 48 = 3456 units

No of orders = \dfrac{\text{total demand }}{EOQ}

= \dfrac{\text{3456}}{145}

∴

The periodic review (P) = \dfrac{1}{no \ of \ orders}

= \dfrac{1}{\dfrac{3456}{145}}

= \dfrac{145}{3456}

= 0.041956 year

≅ 2 weeks

Z score based on 88 percent service level = NORMSINV(0.88) = 1.18

Here;

Lead time = 3 wks

P = 2 weeks

Thus protection interval = ( 3+2) weeks

= 5 weeks

Safety stock = z-score × std dev. of demand at (P+L) days

std dev = \sqrt{5 } \times 18 = 2.236 × 18

std dev = 40.248 units

Safety stock = 1.18 × 40.248

safety stock = 47.49 units

Safety stock ≅ 48 units

Average demand during(P + L) = 5 × 72 units

= 360 units

Target inventory level = average demand + safety stock

= 360 units + 48 units

= 408 units

3 0
3 years ago
Gabriel put $6000 in a 2-year CD paying 4% interest, compounded monthly. After 2 years, he withdrew all his money. What was the
NeTakaya
First, we calculate for the effective annual interest given the interest in the scenario. 
                          ieff = (1 + i/m)^m - 1
Substituting the values,
                          ieff = (1 + 0.04/12)^12 - 1 = 0.0407
The effective interest is equal to 4.07%. 

The future amount after 2 years,
                         F = ($6000) x (1.0407)^2 = $6498.86
5 0
4 years ago
Read 2 more answers
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