It's & called

Schach [20]

B, because the average customer would want 2

3 0

3 years ago

Tyrrell's small lumber company aims to fulfill the economic foundation of business. What first step must his company take to ach

olga nikolaevna [1]

The first step must his company take to achieve this goal is: earn profit.

<h3>What is profit?</h3>

Profit is what a person gain from the sell of products after deducting their expenses and other production cost.

In order for the company to achieve their set goals which is to fulfil the economic foundation business they need to first of all earn profits from their business.

Therefore the company needs to earn profit.

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8 0

2 years ago

Other things held constant, which of the following events is most likely to encourage a firm to increase the amount of debt in i

True [87]

Answer: Option (c) is correct.

Explanation:

Correct Option: The corporate tax rate increases.

If there is an increase in the corporate tax rate then this will induce the firms to increase the amount of their debt. This is due to the fact that the firms with more debt are going to pay less tax because of the large interest expense. Due to large interest expenses, their income before tax reduces.

Hence, large corporate taxes encourage firms to increase the amount of debt. Therefore, the firms with no debt pays higher taxes than the firms with higher amount of debt.

8 0

3 years ago

A common practice for government entities, particularly schools, is to issue short-term (promissory) notes to cover daily expend

diamong [38]

This shorter payback period is positive and beneficial to the consumer, as it allows for harmony with amortization expenses.

We can arrive at this answer because:

A short payback period is beneficial because of its relationship to amortization, as long-term debt allows this amortization to take place.
These amortization expenses allow the cost of long-term assets to be represented in the payment.
However, when the short-term payback period allows for amortization, causing the asset's value to be reduced by the amount that will be paid by the consumer.

In this case, we can state that in cases like the one shown in the question above, the short payback period is very beneficial and interesting to the consumer, as it can promote economic benefits.

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5 0

2 years ago

Assuming that total dividends declared in 2017 were $64,000, and that the preferred stock is not cumulative but is fully partici

myrzilka [38]

Answer:

$40,235

Explanation:

Dividend distributed to preferred share is based on the predetermined rate associated with these share. When the dividend is declared preferred share dividend is paid first. The remainder is distributed between the common stockholders.

Dividend Declared = $64,000

Preferred Dividend = $100,000 x 7% = $7,000

Participation

Preferred Shares = $100,000 / $20 = 5,000 shares

Common shares = 12,000 shares

Total Shares = 12,000 + 5,000 = 17,000 shares

on Pro-rata basis

Participation dividend to preferred stockholder = ($64,000 - $7,000) x 5000 / 17000 = $16,765

Dividend to common stock holders = $64,000 - $7,000 - $16,765 = $40,235

5 0

3 years ago