Value added per employee is a financial measure of how much product was sold vs. how many employees worked during the

Which of the following statements is CORRECT?a. A major disadvantage of financing with preferred stock is that preferred stockho

Burka [1]

Answer:

e. The preemptive right is a provision in all corporate charters that gives preferred stockholders the right to purchase (on a pro-data basis) new issues of preferred stock.

Explanation:

Preferred shareholders have a right to access to any benefits prior to any other class of security holders.

Basically as the name suggests they are preferred first in all instances. Even in case of new issue of preference capital the advantage to apply for those shares is first given to existing shareholders of preference capital.

This is basically true, as their other features include fixed return in the form of dividends.

5 0

2 years ago

Suppose the equilibrium real federal funds rate is 3 percent, the target rate of inflation is 3 percent, the current inflation r

Tresset [83]

Answer:

B) -1 percent.

Explanation:

The computation of the federal fund target rate should be given below;

= Real federal fund rate + current inflation rate + (-current inflation rate - real GDP) + 0.5 real GDP

= 3 + 1 + (-1 - 8) + 0.5 × 8

= 4 - 9 + 4

= -1 percent

Hence, the second option is correct

6 0

2 years ago

The following information describes a company's usage of direct labor in a recent period. The direct labor efficiency variance i

natali 33 [55]

Answer:

Option (B) is correct.

Explanation:

Given that,

Actual hours used = 45,000

Actual rate per hour = $15.00

Standard rate per hour = $14.50

Standard hours for units produced = 47,000

Direct Labor Efficiency Variance:

= (Standard Hours for units produced - Actual Hours used) × Standard Rate per hour

= (47,000 - 45,000) × 14.50

= 29,000 Favorable

4 0

3 years ago

On January 1, 2016, Hage Corporation granted incentive stock options to purchase 21,500 of its common shares at $10 each. The op

Vinil7 [7]

Answer:

c. 151,955

Explanation:

Calculation to determine what The number of shares to be used in computing diluted earnings per share for the quarter is

First step is to calculate the amount assumed to be exercised

Exercised amount= 21,500*$10 / $11 avg

Exercised amount=$l215,000/11 avg

Exercised amount= 19,545

Second step is to calculate the Net

Net=21,500-19,545

Net= 1,955

Now let calculate The number of shares to be used in computing diluted earnings per share

Using this formula

Number of shares=Outstanding+Net

Let plug in the formula

Number of shares=150,000 +1,955

Number of shares= 151,955

*diluted eps=$8,618 /151,955

Therefore The number of shares to be used in computing diluted earnings per share for the quarter is: 151,955

7 0

2 years ago

Equipment is a(n) _____________ account. It is reported on the _____________ side of the accounting equation and is ____________

Stella [2.4K]

Answer:

Equipment is an _asset__ account. It is reported on the _left_ side of the accounting equation and is __increased__ when equipment is purchased

Explanation:

Buying more Equipment is an asset to company in the sense that it helps in boosting the company production output and in turn generating more profit. It is reported on the left side of the company accounting equation. The aggregate equation increases as the number of equipment purchase increases.

3 0

3 years ago