Answer:
The cash dividend that must be paid to preferred stockholders in the second year before any dividend is paid to common stockholders is $10,200.
Explanation:
In order to calculate the cash dividend that must be paid to preferred stockholders in the second year before any dividend is paid to common stockholders is
, we have to make the following calculations.
First, we have to calculate the Annual preferred dividend = (2800*50*6.5%) = $9,100
Hence, First year preferred dividend = $9,100-$8,000 = $1,100
Finally, if we make $1,100+$9,100 = $10,200 and so this will be the cash dividend that must be paid to preferred stockholders in the second year before any dividend is paid to common stockholders.
Answer:
B. New applications for unemployment insurance
D. Stock prices
Explanation:
Unemployment benefits claims is one of the most powerful leading economic indicators, because it can predict, with a high degree of accuracy, the unemployment rate of the next economic periods.
Stock prices are also included in the index of leading economic indicators, more specifically, the Stock Prices of the S&P 500. Stock prices are a leading indicator because investors try to carefully invest in those companies they feel will have a good performance in both the short-term and the long-term.
Answer:
For equipment = $430,000
For accumulated depreciation = $104,000
Explanation:
The solution of balances for equipment and accumulated depreciation is shown below:-
balances for equipment and accumulated depreciation
Particulars Equipment Accumulated depreciation
Beginning balance $390,000 $78,000
Add:
Addition $84,000 $32,000
Less:
Disposition ($44,000) ($6,000)
Balance $430,000 $104,000
Answer:
option (b) $900 U
Explanation:
Data provided in the question:
Normal capacity = 4,000 units per month
Budgeted fixed overhead = $16,000
Budgeted Variable factory overhead = $20,000
Actual overhead incurred = $37,900
Now,
Budgeted variable factory overhead cost per unit = $20,000 ÷ 4,000
= $5
Flexible budget variable factory overhead = 4,200 × $5
= $21,000
Total Variable budgeted factory overhead = $21,000 + $16,000
= $37,000
Variance = Budgeted overhead - Actual overhead
= $37,000 - $37,900
= - $900
or
$900 Unfavourable
Hence, option (b) $900 U
