Which of the following is not a level of control

The following information relates to Conejo Corporation for last year: Book value per share $ 40 Par value per share $ 12 Divide

Ede4ka [16]

Answer:

price earning ratio = 2

Explanation:

given data

Book value = $40 per share

Par value = $12 per share

Dividends = $5 per share

Dividend payout ratio = 20 %

Dividend yield ratio = 10 %

solution

first we get here market price per share by dividend yield ratio that is express as

dividend yield ratio = Dividends per share ÷ market price per share ........................1

put here value we get

market price per share = $\frac{5}{0.10}$

market price per share = $50

and

now we get earning per share by dividend payout ratio that is express as

dividend payout ratio = dividend per share ÷ earning per share .................................2

put here value we get

earning per share = $\frac{5}{0.20}$

earning per share = $25

so now we get here price earning ratio that is

price earning ratio = market price per share ÷ earning per share ..........................3

put here value we get

price earning ratio = $\frac{50}{25}$

price earning ratio = 2

4 0

3 years ago

A manufacturer has an estimated practical capacity of 90,000 machine hours, and each unit requires two machine hours. The follow

nata0808 [166]

Answer:

Of the following factors, the manufacturer's production volume variance is most likely to have been caused by:

D. Temporary employment of workers with lower skill levels than originally anticipated.

Explanation:

a) Data and Calculations:

Estimated practical capacity = 90,000 machine hours

Machine hours per unit = 2

Estimated production units based on capacity = 45,000 (90,000/2)

Budgeted Actual

Variable overhead = $200,000 $240,000

Actual fixed overhead = $450,000 $442,000

Machine hours 90,000 88,000

Units produced 45,000 42,000

Estimated units to be produced based on standard machine hour

= 44,000 units (88,000/2)

Variance between standard units to be produced and actual = 2,000 (44,000 - 42,000) Unfavorable

5 0

3 years ago

Entries for Issuing Bonds and Amortizing Premium by Straight-Line Method Smiley Corporation wholesales repair products to equipm

Masja [62]

Answer and Explanation:

The Journal entry is shown below:-

a. Cash Dr, $20,811,010

To Bonds payable $20,000,000

To Premium on Bonds payable $811,010

(Being issuance of the bond is recorded)

For recording this we debited the cash as it increased the assets and at the same time it also increased the liabilities so the bond payable and premium is credited

b. Interest expenses Dr, $818,899

Premium on Bonds payable $81,101 ($811,010 ÷ 5 × 6 ÷ 12 )

To Cash $900,000 ($20,000,000 × 9% × 6 ÷ 12)

(Being interest expense is recorded)

For recording this we debited the interest expense as it increased the expenses and credited the cash as it reduced the assets plus the remaining balance is debited to premium on bond payable

c.The contract rate of interest is higher than market rate of interest.

5 0

3 years ago

Which of the following is one way the Federal Reserve Bank serves the government?

Andrews [41]

Answer:

making loans to the government

3 0

2 years ago

In mass service and professional service, the operations manager should focus extensively on:______.

Savatey [412]

In mass service and professional service, the operations manager should focus extensively on equipment maintenance.

<h3>What is the work of operations manager?</h3>

Operations management is a branch of management that focuses on planning, organizing, and redesigning the production process for goods or services as well as business operations. It comprises the obligation to make sure that business operations are effective in satisfying consumer needs while utilizing the fewest resources possible.

It is concerned with overseeing a comprehensive service or production system, which is the method through which inputs are transformed into outputs. Operations create services, control quality, and produce goods. Working with suppliers, customers, and technology are all aspects of operation management that apply to industries such as financial systems, hospitals, and businesses. One of the key roles in a corporation, along with supply chains, marketing, finance, and human resources, is operations.

To learn more about operations management visit:

brainly.com/question/14523862

#SPJ4

4 0

2 years ago