Answer:
Option (a) is correct.
Explanation:
EBIT:
= Revenues - Fixed operating costs - (variable cost ratio × revenues)
= $32.2 - $20.8 - (0.30 × 32.2)
= 1.74 million
KH's degree of total leverage:
= (EBIT + Fixed cost) ÷ (EBIT - Interest)
= (1.74 + 20.8) ÷ [(1.74 - (9% × 10)]
= 26.83
Therefore, the KH's degree of total leverage is 26.83.
Answer and Explanation:
The computation is shown below:
a. The earning per share is
= (PAT - income tax discontinued operations - Preference dividend) ÷ number of common stock
= ($2,460,000 - $300,000 - (20,000 × $5)) ÷ (50,000 shares)
= $41.2 per share
b. The earning per share is
= (PAT - Preference dividend) ÷ number of common stock
= ($2,460,000 - (20,000 × $5)) ÷ (50,000 shares)
= $47.2 per share
Answer:
The correct answer is b) tending to leave work early when possible.
Explanation:
Highly cohesive groups have more discussions and bring out more information, but it cannot be said that these groups convince dissent. Highly cohesive groups tend to have less absenteeism and rotation.
Some advantages and limitations of highly cohesive groups are as follows:
- Social position of the group: greater loyalty with the group of high social position.
- Size: the smaller the group, the closer the relationship between the group members.
- Communications: more easily to communicate, greater cohesion of the group.
- Isolation of other groups: physical isolation tends to improve cohesion.
- Management practices: the manager can encourage competition or comparison between employees to make intimate relationships between workers impossible.
- External pressures: the members of a group join more intimately when they are threatened by a common danger; They forget their differences and close ranks to oppose a new supervisor.
- Success: a group will be stronger and more cohesive if in the past their cooperative action has been successful.
Answer:
The mean and standard deviation of the number of accounts error is:
- mean = 362,000
- standard deviation = 19
Explanation:
the parameters are:
- n = number of accounts = 362,000
- p = probability of error = 0.001
mean of the number of account errors = E(X) = np = (362,000 x 0.001) = 362
standard deviation = √[np(1 - p)] = √[362(1 - 0.001)] = √[362(0.999)] = √361.638 = 19.02 ≈ 19
Answer:
$2,115
Explanation:
Lexington Company's Year 2 net cash flow from financing activities = cash received from issuing stocks minus bank loan payments - distributed dividends
net cash flow from financing activities = $1,250 (from additional stock) - $1,825 (bank payments) - $1,540 (dividends paid) = $2,115