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Semenov [28]
3 years ago
13

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

You might be interested in
A firm sells two products, Regular and Ultra. For every unit of Regular the firm sells, two units of Ultra are sold. The firm's
sladkih [1.3K]

Answer:

regular - 32,000

ultra - 64,000

Explanation:

Please find the remaining part of this question in the attached image

Breakeven quantity are the number of  units produced and sold at which net income is zero

Breakeven quantity = fixed cost / price – variable cost per unit

Contribution margin :

Regular = 22 - 8 = 14

Ultra = 25 - 8 = 17

weighted contribution margin = (1/3 x 14) + (2/3 x 17) = 16

Firms breakeven =  $1,536,000 / $16 = 96,000

Regular's breakeven = 1/3 x 96,000 = 32,000

Ultra's breakeven = 2/3 x 96,000 = 64,000

3 0
3 years ago
What is the additional premium cost to have the automatic premium loan provision included in a permanent policy?
JulsSmile [24]

Answer:

Nothing

Explanation:

Automatic premium loans provision is a benefit which is provided to the clients who already have a life insurance policy. It helps them to pay the premium from any cash value which is due. This provision is structured to help the clients and normally insurance companies charge no additional premium cost. It helps to prevent lapses in the policies.

4 0
4 years ago
A supervisor has to make travel reservations for a number of delegates attending an international conference on trade and commer
Kazeer [188]

Answer:

Laissez-faire

Explanation:

A non-authoritarian leadership style. Laissez faire leaders try to give the least possible guidance to subordinates, and try to achieve control through less obvious means. They believe that people excel when they are left alone to respond to their responsibilities and obligations in their own ways

4 0
4 years ago
MaltHanks Inc., a leading American firm, starts its operations in China. It incurs a lot of additional costs in comparison to th
asambeis [7]

Answer: Liability of foreignness

Explanation: In simple words, the extra cost incurred by a company operating in a foreign country as compared to the local companies over there is called the liability of foreignness.

In the given case, the American company incurred extra cost in china due to their lack of local knowledge and discrimination from the locals.

Thus, from the above we can conclude that Malt hanks faced liability of foreignness.

5 0
3 years ago
Apex Company produces artificial Christmas trees. A local shopping mall recently made a special order offer; the shopping mall w
BaLLatris [955]

Answer:

It is profitable to accept the special offer.

Explanation:

Giving the following information:

The shopping mall would like to purchase 200 extra-large white trees. Apex Company has the excess capacity to handle this special order. The shopping mall has offered to pay $120 for each tree.

Variable costs:

Direct materials $50.00

Direct labor (variable) $3.50

Variable manufacturing overhead $1.00

Additional variable cost= $6

This special order would require an investment of $10,000 for the molds required for the extra-large trees.

Because it is a special offer and there is unused capacity, we will not have into account the fixed costs (except the incremental fixed cost).

Unitary variable cost= 50 + 3.5 + 1 + 6= $60.5

Fixed costs= 10,000

Incremental income= (200*120) - (200*60.5) - 10,000= $1,900

It is profitable to accept the special offer.

3 0
3 years ago
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