Answer:
Dividend paid = (5%× 10,000 × $10) = $5000.
Explanation:
<em>Preference shares entitles the holders to participate in a fixed dividend out of the profit made by the company. The divide is always a fixed percentage of the nominal value of the preference shares</em>
It can be cumulative and non-accumulate.
Cumulative <em>simply implies that should the company misses the payment of dividend in a particular year such unpaid dividend would be carried carried forward and paid in arrears in the following year/</em>
Non-cumulative i<em>s the exact opposite of the case . Here, unpaid dividends are not paid in arrears in fact such are forfeited for life.</em>
Dividend in Year 1
Dividend paid in Year 1 was $ 4000 but ought to be $5,000 (5%× 10,000 × $10). An arrear of $1000
Dividend in Year 2
Dividend paid = (5%× 10,000 × $10) = $5000.
Note that the unpaid dividend of $1,000 in year 1 is lost forever
Answer:
E) Bright: No dominant strategy, Sparkle: Strategy 1
Explanation:
The payoff matrix above shows the profits associated with the strategic decisions of two oligopoly firms, Bright Company and Sparkle Company. The first entries in each cell show the profits to Bright and the second the profits to Sparkle. What are the dominant strategies for Bright and Sparkle, respectively?
Bright: No dominant strategy, Sparkle: Strategy 1
Answer:
Chiquita makes an economic profit of $250,000.
Answer:
Trend Analysis
Explanation:
Trend analysis pertains to categorizing and assigning statistical prototypes that indicate labor demand for the next business year. That is, forecasting your future labor need from past experience and statistical data. This gives Sasha a reasonable objective statistics from the past 3years which she will base her forecast on for the next year. These statistics are also called leading indicators. In this technique. Sasha is utilizing trend analysis to anticipate labor demand.
Answer:
Estimated manufacturing overhead rate= $7.53 per direct labor hour
Explanation:
Giving the following information:
The company's executives estimated that direct labor would be $5,130,000 (190,000 hours at $27/hour) and that factory overhead would be $1,430,000 for the current period.
We need to use the following formula:
Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base
Estimated manufacturing overhead rate= 1,430,000/190,000= $7.53 per direct labor hour
