Answer:
<u>a. High inflation rates</u>
Explanation:
Note that<em> a major role of a corporate finance manager </em>is to maximize the profits of a business by providing advice as to mergers as well as buying and selling financial products.
Therefore, according to reports David Jimenez in the early 1980s was faced with the problems of high inflation rates which meant a rise in the cost of production etc for companies or businesses under his care.
Answer:
Graphic Designs
The firm will have to pay $6.40 per share next quarter.
Explanation:
a) Data and Calculations:
Number of cumulative preferred stock outstanding = 68,000
Preferred dividends per share = $1.60 per quarter
For four quarters, the preferred dividends per share = $6.40 ($1.60 * 4)
b) This will take care of the past three quarters that have accumulated and the fourth quarter. Note that when a company wishes to pay a common stock dividend, it must pay the cumulative preferred dividends first, no matter the length of period that the dividends have accumulated.
Answer:
3.4%
Explanation:
The computation of the Purple Swift’s paint capacity cushion is shown below:
Time to paint 10 birdhouses (45 × 10 ÷ 60) 7.5 hours
Changeover time 1 hours
Total Operations time per lot (7.5 + 1) 8.5 hours
Hours available per year (8 × 220) 1760
Capacity (number of lots each year) (1760 ÷ 8.5) 207.06
Capacity (number of birdhouses each year) =207.06*10 2070.6
Actual Production given 2000
Utilization (2000 ÷ 2070.6) 96.6%
Capacity cushion = 100% - Utilization
= 100% - 96.6%
= 3.4%
