Answer:
$25,800
Explanation:
The computation of Dividend to common stockholders is shown below:-
Total dividend $28,000
Dividend to preferred stockholders:
Dividend in arrears
Current year dividend $2,200
(4,000 × $11 × 5%)
Total dividend to preferred
stockholders $2,200
Dividend to common stockholders $25,800
($28,000 - $2,200)
Answer:
The correct answer is 0. There were no price variance.
Explanation:
Giving the following information:
The Lucy Corporation purchased and used 129,000 board feet of lumber in production, at a total cost of $1,548,000. Original production had been budgeted for 22,000 units with a standard material quantity of 5.7 board feet per unit and a standard price of $12 per board foot. The actual production was 23,500 units.
Direct material price variance= (standard price - actual price)*actual quantity
Direct material price variance= (12 - 1,548,000/129,000)*129,000= 0
A job objective basically states what kind of career you are seeking. It can also state what kind of skills and experiences you have to make you ideal for that career.
Hope this helps!
Answer: 11.88%
Explanation:
Hiker's effective interest rate on this loan will be calculated as:
Interest = Amount × Discount rate × 8/12
= 112000 × 11% × 8/12
= 112000 × 0.11 × 0.667
= 8217.44
= 8217 approximately
Effective interest rate will then be:
= (Interest / Amount - Interest) × 12/8
= 8217 /(112000 - 8217) × 3/2
= 8217/103783 × 1.5
= 0.0791748 × 1.5
= 0.1187622
= 11.88%
Answer:
A
Explanation:
In the Demand and Supply curve changes in prices will traduce in movements along the demand or along the supply curve but they will not change their position on the graph, for instance this will affect the quantity demanded or the quantity supplied. In this case, because the demand curve has a negative slope, if price decreases the quantity demanded increases. Intuitively, if consumers perceive a good or a service that is cheaper than before, more people will be interested on buying it.
When it is said that demand or supply increase or decrease is because one of those or both shifts to left or to right. But this happens only when factors different from prices have changed. The problem does not specify what changes the supply, but it says that "increases" then, we understand that there is a shift to the right of the supply curve. If the demand curve remains constant, then the equilibrium price will decrease, and the equilibrium quantity will increase. So, the statement is partially true at the beginning, but the second part is false.