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2 years ago

Select the correct answer.

Business

1 answer:

zhuklara [117]2 years ago

5 0

Answer:

B. $2,400

Explanation:

The computation of the amount does preferred stock holder received of dividend is as follows:

= Number of share issued × par value per stock × dividend percentage

= 3,000 × $10 × 8%

= $2,400

hence, the amount does preferred stock holder received of dividend is $2,400

Therefore the option B is correct

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In response to an upturn in the economy, entrepreneurs seek to expand their businesses. a. What will happen to nominal interest

kicyunya [14]

a. Nominal interest rates Increase and Aggregate demand Decrease

b. New Fed policy Buy bonds

Explanation:

When contemplating unemployment, the nominal interest rate applies to the rate of interest. Net may, without taking into consideration any commissions or compounded interest, be related to the advertised or reported interest rate of a loan.

The aggregate demand (AD) for finished commodities and facilities in the market at a certain time is aggregated. Strong demand is often named, but this term is often used in many ways. This is the market for a country's gross national product.

When the Fed sells debt in the international market, the world economy money supply is expanded by exchanging debt for cash from the general public. Instead, when the Fed sell bonds, the supply of money is reduced by cash being pulled out of the market in return for bonds. The Fed also sells bonds.

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2 years ago

Durable ceramics, inc., provides inexpensive ceramic tile to builders of institutional buildings such as schools, prisons, and p

anzhelika [568]

Answer:

d. cost-less will go out of business, and durable will gain higher power over its customers.

Explanation:

Durable ceramics, inc will only reduce its prices if this is to its advantage. We live in a capitalist world where companies make decisions based on their own benefits. In this case, in order for Durable ceramics, inc to lower its prices and have no losses, it would expand its sales. In this way, Durable ceramics, inc would be able to capture customers from its competitors, and could make them go bankrupt.

Thus, we can conclude that if Durable ceramics, inc reduced its prices, Cost-Less would go out of business and Durable would gain greater power over its customers.

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3 years ago

Freight-in and purchase returns and allowance are not deducted from purchases to determine the net delivered cost of purchases.

AysviL [449]

Thank you for posting your question here at brainly. I hope the answer will help you. Feel free to ask more questions.

The statement "<span>Freight-in and purchase returns and allowance are not deducted from purchases to determine the net delivered cost of purchases. " is true </span>

7 0

3 years ago

If the factory overhead is underapplied, then the adjusting journal entry to close the factory overhead account includes a: (Che

Ymorist [56]

Answer:

Debit to cost of goods sold and credit to factory overhead

Explanation:

Here we are interested in knowing the appropriate journal entry when the factory overhead is under applied.

What happens to the factory overhead journal in this case is that the we should have an adjusting journal entry.

The adjusting journal entry here is that we debit cost of goods sold and credit factory overhead

5 0

2 years ago

EB12.

mina [271]

Answer:

The question is incomplete. The complete question is given below:

Selling Price per unit Variable cost per unit

Product

Trunk Switch $60.00 $28.00

Gas door $75.00 $33.00

Glove Box $40.00 $22.00

Answer Trunk 240 units, Gas 240 units and Box 60 units

Explanation:

The break-even point is the activity level where the total revenue of a business exactly equals its cost. At the break-even point, <em>the total profit made will be zero</em>. This analysis enables a firm to determine ahead the number of units to must be produced, customers that must served in order to cover its fixed costs.

Calculation

A break-even point can be calculated as follows:

For single-product scenario:

Break-even point (in units)= Total general fixed cost for the period/ (selling price-variable cost )

Multiple-products scenario= Total general fixed cost for the period/Average contribution per unit

Total general fixed costs are period costs which remain unchanged within a given activity level and cannot be traced to be incurred for a particular product.

Trunk Gas Box

$ $ $

Selling price 60 75 40

Variable cost (28) (33) (22)

Contribution per unit 32 42 18

Cont. from a mix (sp×unit) 128 168 18

Average cont. per mix = (128+168+18)/(4+4+1)= $34.89

Break-even point (in units)= $18,840/$34.89

= 540 units

Total units to be sold to break even is 540 units. This will be distributed across the three products using the sales mix as follows:

Trunk = 4/9× 540 units= 240 units

Gas = 4/9 × 540 = 240 units

Box = 1/9 *540 = 60 units

3 0

3 years ago