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3 years ago

Select the correct answer.

Business

1 answer:

zhuklara [117]3 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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Which of the following is an example of investment? A. a person depositing $ 100 a week to her savings account B. a person's an

lara31 [8.8K]

Answer:

C. the purchase of new buses by Greyhound

Explanation:

The investment is the amount that should be invested in order to generate the income

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So this should be the example of the investment

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3 years ago

Companies use mail merge to send out advertisements to possible customers. True False

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3 years ago

Read 2 more answers

The cost method that will yield an ending inventory value that is somewhere between possible high and low costs (prices) using t

o-na [289]

The weighted average cost of capital is the cost approach that will produce an ending inventory value that is in between probable high and low costs (prices) using classic costing methods.

The weighted average cost of capital is the average cost of attracting investors, whether bonds or shareholders.

The computation weights the cost of capital depending on the amount of debt and equity used by the firm, providing a clear barrier rate for internal initiatives or future acquisitions.

The weighted average inventory cost is one of the approaches used in inventory valuation. It is computed by dividing the cost of products for sale by the number of units for sale. i.e The cost of the items for sale and the quantity of units for sale. Because it is based on averages, the ending inventory value is generally somewhere between high and low cost.

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8 0

2 years ago

Record the following transactions for the month of November 2019 in the cash receipts journal. Total, prove, and rule the cash r

gregori [183]

Answer and Explanation:

The presentation of the cash receipt journal is as follows;

Date Description Account Sale Sale Title Amount Cash

Receivable tax Credit of debit

Credit Payable Account

Credit

Nov 1 Katie Bing $2,300 $2,300

Nov 10 Collection

From mike drake Note receivable $3,700

Interest income $240 $3,940

Nov 13 Jessie cole $4,100 $4,100

Nov 15 Cash sales $2,300 $26,500 Cash overage $14 $28,814

Nov 30 Totals $6,400 $2,300 $26,500 $3,954 $39,154

7 0

3 years ago

Assume you sell short 100 shares of common stock at $45 per share, with initial margin at 50%. What would be your rate of return

zavuch27 [327]

Answer:

Rate of return=0.222=22.2%

Explanation:

Price at which shares are sold=$45 per share

Number of shares=100 shares

Initial margin=50%=0.5

Price of share on repurchase=$40 per share

Required:

Rate of return if shares are repurchased=?

Solution:

Rate of return= $\frac{Profit}{Initial\ Investment}$

Profit earned=($45-$40)*100

Profit earned=$500

Initial Investment=(100*45)0.5

Initial Investment=$2,250

Rate of return= $\frac{500}{2250}$

Rate of return=0.222=22.2%

8 0

3 years ago