The investor pays a 2% management fee and gives the fund manager 20% of the profits. Hedge funds have minimum initial investment amounts ranging from $100,000 to $2 million.
Hedge funds are not as liquid as stocks or bonds and may only allow you to withdraw your money after a certain amount of time or at specific times of the year. Mutual funds are regulated investment products that are available for daily trading to the general public. Hedge funds are private investor that only accredited investors can access. Hedge funds are known for employing higher risk investing strategies in order to maximise returns for their investors.
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For each of the following separate transactions:
Sold a building costing $38,500, with $23,400 of accumulated depreciation, for $11,400 cash, resulting in a $3,700 loss. Acquired machinery worth $13,400 by issuing $13,400 in notes payable. Issued 1,340 shares of common stock at par for $2 per share. Note payables with a carrying value of $41,700 were retired for $50,400 cash, resulting in a $8,700 loss.
Required:
a. Prepare the reconstructed journal entry.
1. Record Sale of Building
2. Record Acquisition of machinery
3. Record the issuance of common stock for cash
4. Record payment of cash to retire debit
b. Identify the effect it has, if any, on the investing section or financing section of the statement of cash flows.
Answer:
Separate Transactions
a. Reconstructed Journal Entries:
1. Record Sale of Building
Debit Sale of Building $38,500
Credit Building $38,500
To transfer building to sale of building account.
Debit Accumulated Depreciation- Building $23,400
Credit Sale of Sale $23,400
To transfer the accumulated depreciation to sale of building account.
Debit Cash Account $11,400
Credit Sale of Building $11,400
To record the cash received on sale of building.
2. Record Acquisition of machinery :
Debit Equipment (Machinery) $13,400
Credit Notes Payable $13,400
To record the purchase of machinery with notes payable.
3. Record the issuance of common stock for cash :
Debit Cash Account $2,680
Credit Common Stock $2,680
To record the issue of 1,340 shares at par, $2 per share.
4. Record payment of cash to retire debit:
Debit Notes Payable $41,700
Debit Loss on Notes Payable $8,700
Credit Cash Account $50,400
To record the retirement of notes payable.
b. Identification of the effect on the investing section or financing section of the statement of cash flows:
1. Investing Section of the statement of cash flows:
Building $11,400
This increases the cash inflow from investing activities by $11,400.
2. Machinery acquired by issuing notes payable does not affect the statement of cash flows. No cash is involved in the transaction, at least for now.
Financing Section of the statement of cash flows:
3. Issue of common stock $2,680
This increases the cash inflow from financing activities by $2,680.
4. Notes Payable ($50,400)
This increases the cash outflow from financing activities by $50,400 if the notes payable are non-current liabilities. If they are current, it will have the same effect but on the operating activities section of the statement of cash flows.
Explanation:
The financing activities section of the statement of cash flows deals with the sources of funding the business, both inflow and outflow of cash.
The investing activities section deals with the investments made by the entity based on cash flows.
critically explain the difference between global objectives and national objectives in business with examples
Every company must aim to achieve national aims and goals. By increasing its operations, business can achieve an objective purpose of reducing global inequities between rich and poor nations.
With examples, critically describe the distinction between global and national corporate objectives. Business's global objectives - By extending its operations, business should contribute to the reduction of inequities between wealthy and developing nations. Businesses should produce goods and services that are highly sought-after in international marketplaces and are globally competitive.Business's national objectives- Every company must aim to achieve societal aims and goals. Create possibilities for people to work in lucrative positions. Give everyone the same opportunities. Produce and supply items in conformity with the government's goals and policies' established priority.What is a business goal?Business objectives are a formal statement of your aspirations as an organization. Business goals typically focus on the key operational elements that contribute to a company's success, such as revenue, operations, productivity, and growth.
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Rick owns and operates a small farm that produces vegetables and fruits. His friend Owen owns and operates a butcher shop that sells various kinds of
meat. Rick often gives Owen vegetables and fruits in exchange for meat, and vice versa. This scenario best describes
Because Rick often gives Owen vegetables and fruits in exchange for meat, and vice versa, this scenario best describes a trade by barter.
What is a trade by barter?A trade by barter refers to direct exchange of goods or services without an intervening medium of exchange or money either according to established rates of exchange or by bargaining.
A trade by barter is common among traditional societies, most particularly in those communities with some developed form of market. Product can be bartered within a group as well as between groups, although gift exchange probably accounts for most intragroup trade, particularly in small and relatively simple societies.
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The president of a consulting firm wants to minimize the total number of hours it will take to complete four projects for a new client. Accordingly, she has estimated the time it should take for each of her top consultants-Charlie, Gerald, Johnny, and Rick-to complete any of the four projects, as follows:
Project (Hours)
Consultant A B C D
Charlie 13 16 11 13
Betty 11 15 14 18
Johnny 15 22 12 15
Rick 17 17 12 22
Required:
a. In how many different ways can she assign these consultants to these projects?
b. What is the optimal assignment of consultants to projects?
c. For the optimal schedule, what is the total number of hours it will take these consultants to complete these projects?
Answer and Explanation:
The computation is shown below
a. The different number of ways would be
Since the number of consultants is 4 and the projects are also 4 so the Number of ways they can be assigned is 4!
= 4 × 3 × 2 ×1
= 24
b. Charlie to C; Betty to A; Johnny to D; Rick to B
In this case, we can see that in the chart that Charlie takes to complete C at the less time so Charlie will do C and according to this Betty will take minimum time for A likewise the others are picked up.
16. The total no of hours is
Time taken by charlie = 11
Betty = 11
Johnny = 15
Rick = 17
Total = 11 + 11 + 15 + 17
Total = 54
To include the personal assets and transactions of a business owner in the records and report of the business would be in conflict with the?
Answer: Business entity assumption.
Explanation:
A Business entity assumption is to include the personal assets and transactions of a business's owner in the records and reports of the business would be in conflict with.
Why is this case an example of trademark violation?
Answer:
Say for example i make a Yt video and add in a song that has a trademark if i dont pay for the songs trademark to be able to use it the can report me it would be a violation
Explanation:
Answer: A
Explanation:
Payless made sneakers with a pattern that is similar to the Adidas logo.
Match each description with the correct key term. Group of answer choices the total dollar value of all final goods and services produced in the country in a given time period [ Choose ] the value of gross domestic product adjusted for inflation [ Choose ] the value of the GDP at current prices [ Choose ] refers to stabilizing increases in the price level over time so that a country’s money will retain its purchasing power [ Choose ] s a measure of the average change over time in the prices paid for a specific market basket of consumer goods and services [ Choose ]
Gross Domestic Product - The total dollar value of all final goods and services produced in the country in a given time period.
Real Gross Domestic Product - The value of gross domestic product adjusted for inflation
Nominal Gross Domestic Product - The value of the GDP at current prices
Monetary policy - It refers to stabilizing increases in the price level over time so that a country’s money will retain its purchasing power
Consumer Price Index - It is a measure of the average change over time in the prices paid for a specific market basket of consumer goods and services.
What are these component of?All as explained above are part of National income, which involves variety of measures of output used in economics to estimate total economic activity in a country or region.
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Which of the following is not a related party transaction? a) Acme Corporation leases office space to Norton Company. Mr. and Mrs. Norton own Norton Company and 65% of Acme Corporation's stock. b) BBD Inc. licenses a patent from Nugo Inc., which owns 82% of BBD's outstanding stock. c) Beth Teal pays $15,000 a year to her gardener, Ben. Beth is Ben's grandmother. d) All the transactions are between related parties.
Answer:
c) Beth Teal pays $15,000 a year to her gardener, Ben. Beth is Ben's grandmother.
Explanation:
A related party transaction is any business transaction that takes place between entities that share some type of common interest, e.g. a parent company leasing a factory to one of its subsidiaries. They are legal, but the potential for conflicts of interest exist. Following the example, if the lease price is higher than fair market price, then the transaction could be considered fraudulent. The SEC requires that publicly traded corporations disclose all related party transactions.
The freedom of firms to obtain economic resources, decide what products to produce with those resources and sell those products in markets of their choice is it freedom of choice, self interest, competition, priivate property or mutually agreeable
The freedom of firms to obtain economic resources, make production decisions, and engage in market transactions embodies the principles of freedom of choice, self-interest, competition, private property, and mutually agreeable transactions.
Firstly, this freedom of firms embodies the concept of freedom of choice.
Firms are granted the autonomy to make decisions regarding resource allocation and product development based on their own judgment, preferences, and market conditions.
This allows firms to pursue their desired strategies and tailor their operations to meet the demands and preferences of consumers.
Furthermore, self-interest is a fundamental driving force behind this freedom. Firms operate with the goal of maximizing their own profits and achieving their self-interest.
By incentivizing firms to allocate resources efficiently and produce desirable products, self-interest contributes to overall economic growth and welfare.
Competition is also inherent in this freedom. Firms operate within competitive markets, where multiple participants vie for consumer attention and market share.
Competition fosters innovation, efficiency, and consumer choice. It encourages firms to constantly improve their products and services, leading to a more vibrant and dynamic economy.
Private property rights are vital to this freedom. Firms have the right to own and control the resources necessary for production.
Private property provides an incentive for firms to invest, innovate, and create value, as they have the assurance that they will benefit from the fruits of their labor.
Lastly, this freedom is predicated on mutually agreeable transactions. Firms engage in voluntary exchanges with other market participants, such as suppliers, customers, and partners.
These transactions are based on mutual consent, where both parties find value and benefit from the trade. By facilitating mutually agreeable transactions, this freedom enables efficient resource allocation and distribution of goods and services.
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You are headed off to college. Some close family members decide it would be a good idea to buy a house in the college town and then rent it out to students, with you also living there and actively managing it. Assuming you and your family buy it, what form of business would you select? and why?
The ideal type of business would be the sole proprietorship, as it is a structure that is easy to start and manage.
What is the sole proprietorship?It is a simpler business structure, which is managed by an individual, who has the responsibilities for the business, that is, in this configuration there is no legal distinction between the company and the owner.
Therefore, the sole proprietorship is less bureaucratic, being able to close the business at any time, or change type as the business grows and requires greater responsibility.
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For each transaction, (1) analyze the transaction using the accounting equation, (2) record the transaction in journal entry form, and (3) post the entry using T-accounts to represent ledger accounts. Use the following (partial) chart of accounts—account numbers in parentheses: Cash (101); Accounts Receivable (106); Office Supplies (124); Trucks (153); Equipment (167); Accounts Payable (201); Unearned Landscaping Revenue (236); Common Stock (307); Dividends (319); Landscaping Revenue (403); Wages Expense (601), and Landscaping Expense (696).
A. On May 15, DeShawn Tyler opens a landscaping company called Elegant Lawns by investing $74,000 in cash along with equipment having a $34,000 value in exchange for common stock.
B. On May 21, Elegant Lawns purchases office supplies on credit for $360.
C. On May 25, Elegant Lawns receives $8,200 cash for performing landscaping services.
D. On May 30, Elegant Lawns receives $1,400 cash in advance of providing landscaping services to a customer.
Answer:
A)
Assets + 74,000 cash + 34,000 equipment
Equity + 108,000 common stock
journal entry:
cash 74,000 debit
equipment 34,000 debit
common stock 108,000 credit
B)
Assets + 360 supplies
Liabilities +360 account payable
journal entry:
supplies 360 debit
account payable 360 credit
C)
Assets +8,200 cash
Equity +8,200 landscaping revenue
journal entry:
cash 8,200 debit
landscaping revenue 8,200 credit
D)
Assets + 1,400 cash
Liabilities +1,400 Unearned Landscaping Revenue
journal entry:
cash 1,400 debit
Unearned Landscaping Revenue 1,400 credit
T_ accounts
cash
debit credit
A 74,000
C 8,200
D 1,400
Total 83,600
equipment
debit credit
A 34,000
common stock
debit credit
A 108,000
supplies
debit credit
B 360
account payable
debit credit
B 360
landscaping revenue
debit credit
C 8,200
Unearned Landscaping Revenue
debit credit
D 1,400
Explanation:
The T-accounts were made at the end to represen thte effect of all transactiosn combined.
Mostly self-explanatory
Some considerations:
the payment fro mthe customer in advance is considered a liability. That's because now, the company has the obligation to do the landscaping services. The customer can force the company to make them as they are already paid. Second, as accounting works with an accrued basis the job is not done thus, not accrued and we cannot consider this a realized revenue
design an approach that your team would recommend for Joseph and Nicholas to cover one area each that you deem necessary to aid in the planning and controlling functions
The combines strategic planning, performance measurement, effective communication, and continuous improvement to support Joseph and Nicholas in their planning and controlling functions. It ensures a well-defined direction, data-driven decision-making, collaboration, and a focus on growth and adaptability.
In order to aid in the planning and controlling functions, the following approach can be recommended to Joseph and Nicholas:
1. Establish Clear Objectives and Goals: The first step in planning is to establish clear objectives and goals for the team. It is important to have a clear understanding of what needs to be accomplished and what the team's priorities are.
2. Assign Responsibilities: Assigning specific responsibilities to team members helps to ensure that everyone is working towards a common goal. Joseph and Nicholas should each be assigned to cover one area that is necessary for planning and controlling functions. This will help to ensure that all aspects of the project are covered and that there is no overlap or duplication of efforts.
3. Develop a Schedule: Developing a schedule that outlines the key milestones and deadlines for the project is essential to effective planning and control. This will help to ensure that the project stays on track and that deadlines are met.
4. Monitor Progress: Regularly monitoring progress against the schedule and objectives is necessary to ensure that the project is progressing as planned. This will help to identify any issues or problems that arise and allow for corrective action to be taken.
5. Communicate: Effective communication is critical to the success of any project. Joseph and Nicholas should establish a regular communication schedule to ensure that everyone is up-to-date on the project's progress, any issues or problems that arise, and any changes to the schedule or objectives.
6. Make Adjustments: Finally, it is important to be flexible and make adjustments as needed. If the project is not progressing as planned, adjustments may be necessary to the schedule or objectives to ensure that the project stays on track and that goals are met.
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the basics of color theory assume what central tenets?
Answer:
Color has important psychological and visual effects on the audience.!
Explanation:
give brainly please:)
Answer:I hope this helps you out
Explanation:
The basics of color theory assume three central tenets: hue, saturation, and brightness. Hue is the aspect of color that we identify as red, blue, green, yellow, etc. Saturation refers to the intensity or purity of a color, and brightness refers to how light or dark a color appears.
7 the follow table contains the demand from the last 10 months :
Explanation:
Month Actual Demand Month Actual Demand
1 31 6 36
2 34 7 38
3 33 8 40
4 35 9 40
5 37 10 41
Show Work and answer the following:
a.) calculate the single exponential smoothing forcast for these data using a of .30 and an initial forecast ( F1) of 31.
b.) calculate the exponential smooting with trend forecast for these data using an a of .30, & of .30, and an initial trend forecast ( T1) of 1, and an initil exponentailly smoothed forecast F1 of 30,
c.) calculate the mean absolute deviation (MAD0 for each forecast
Which of the following is likely to happen if employees think that their organization is
overly driven by politics?
Explanation:
If employees think their organization is overly driven by politics then
The employees are less committed to the organizationThe employees have lower job satisfaction and perform worse on the jobThe employees have higher levels of job anxietyThe employees also have a higher incidence of depressed mood.Mention the things should be considered while selection of profession and formation of plan.
There are several factors that must be considered when choosing a profession and forming a career plan, such as the personality and interests of the individual.
How to choose the ideal profession?It is essential that the student does in-depth research on the fields of greatest interest, seeking support from sources that explain the professional area, responsibilities and development. It is also helpful to ask yourself a few questions, such as:
What are your interests?What are your skills?How is your personality?What academic training is required?Therefore, the choice of the appropriate profession must be personal and conducted in a consistent manner, as this choice will impact on different areas of the individual's personal and professional life.
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12. Paid Office Station Co. for part of the debt incurred on April 5, $1,200. 12. Provided services on account, $4,200.
1. Paid Office Station Co. for part of the debt incurred on April 5, $1,200.
Debit: Accounts Payable - Office Station Co.$1,200
Credit: Cash $1,200
2. Provided services on account, $4,200.
Debit: Accounts Receivable $4,200
Credit: Service Revenue $4,200
To pay off the remaining balance owing to Office Station Co., a debit is sent to the accounts payable account. To account for the cash outflow, the Cash account is credited. This journal entry records the settlement of a portion of the debt incurred on April 5 with Office Station Co.
The acknowledgment of revenue for services rendered to a client on the account is represented by this journal entry. To reflect the increase in the amount due by the client, the Accounts Receivable account is debited.
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The complete question is probably
Write journal entries
12. Paid Office Station Co. for part of the debt incurred on April 5, $1,200. 12. Provided services on account, $4,200.
The key principle of supply chain management can be best summed up as ________ between multiple firms.
Answer:
Collaboration.
Explanation:
Supply chain management can be defined as the effective and efficient management of the flow of goods and services as well as all of the production processes involved in the transformation of raw materials into finished products that meet the insatiable want and need of the consumers. Generally, the supply chain management involves all the activities associated with planning, execution and supply of finished goods and services to the consumers.
The key principle of supply chain management can be best summed up as collaboration between multiple firms. These multiple firms include a company that is saddled with the responsibility of manufacturing, a wholesaler, and a retailer who typically sells the products to the customers or consumers.
Basically, these three (3) firms or individuals are required to collaborate with each other so as to meet the needs of the customers in a timely manner or fashion and at a fair price too.
Economic demand is?
A. the amount of a good or service that consumers are willing and able to buy at one price.
B. the amount of a good or service that consumers are willing and able to buy at various prices.
C.the amount of a good or service that producers are willing and able to produce at various prices.
D. the amount of a good or service that consumers are willing but not able to buy at various prices.
Which of the following is correct?
The correct answer is B. Economic demand is the amount of a good or service that consumers are willing and able to buy at various prices.
It reflects the relationship between the price of a product and the quantity that consumers are willing to purchase at that price. Demand is influenced by factors such as price, consumer preferences, income levels, and availability of substitutes.
As the price of a product decreases, the quantity demanded generally increases, and vice versa, following the law of demand. The demand curve represents this relationship, showing the quantity of a good or service that consumers are willing and able to buy at different price points.
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Davis Supply maintains an average inventory of 2,000 dinosaur skulls for sale to filmmakers. The carrying cost per skull per year is estimated to be $150.00 and the fixed order cost is $44. What is the economic order quantity (EOQ)? (Round to the nearest whole number.)
Answer:
34
Explanation:
Given that:
The annual average inventory requirement = 2000
The carrying cost per order per annum = 150
The fixed cost per order = 44
Thus, the Economic ordering quantity can be calculated by using the formula;
\(Economic \ Order \ Quantity (EOQ)=\sqrt{\dfrac{2 \times Annual \ Demand \times Cost \ Per \ order}{ Annual \ holding \ cost \ per \ unit}\)
\(Economic \ Order \ Quantity (EOQ)=\sqrt{\dfrac{2 \times 2000 \times 44}{ 150}\)
\(Economic \ Order \ Quantity (EOQ)=\sqrt{\dfrac{176000}{ 150}\)
\(Economic \ Order \ Quantity (EOQ)=\sqrt{1173.33333}\)
Economic Order Quantity (EOQ) = 34.25
Economic Order Quantity (EOQ) ≅ 34 to the nearest whole number.
According to the video, which tasks do Urban and Regional Planners perform? Check all that apply.
developing recommendations to improve medical care
promoting the best use of land and resources
developing plans for growth and renewal
promoting campaigns for political elections
reviewing applications for government assistance
Nvm its b and c
Answer:
Wat
Explanation:
Answer:
b & c (did the assignment on edg) ;)
Explanation:
Pd 4(A) Set 2 iz Question 7 (1 point) When investing in individual stocks, you should expect that... O a Stock prices for a company are relatively easy to predict d GRADES Next Page Back Unforeseen company events can have a dramatic impact on the stock price for a company You will have an informational edge by reading an article about a company you want to invest in Stock prices for an individual stock will be more stable over the long-term than prices for a diversified index fund S ✓ Sub Question 7 of 19 |
An investor should carefully consider their risk tolerance and investment goals before deciding whether to invest in individual stocks or index funds.
When investing in individual stocks, you should expect that unforeseen company events can have a dramatic impact on the stock price for a company. This is because the company's stock price reflects not only the company's current financial situation but also investors' expectations for the company's future performance.Unforeseen company events such as changes in leadership, new competitors, or regulatory changes can cause investors to reassess their expectations for the company's future performance, which can lead to fluctuations in the stock price.An investor should not expect that stock prices for a company are relatively easy to predict. This is because stock prices are influenced by a variety of factors, including company financial performance, economic conditions, market trends, investor sentiment, and geopolitical events. While some investors may try to predict stock prices using technical analysis or fundamental analysis, it is important to recognize that these methods have limitations and cannot guarantee accurate predictions.An investor can gain an informational edge by reading an article about a company they want to invest in. Reading articles about a company can provide valuable insights into the company's financial situation, growth prospects, and risks. However, it is important to recognize that reading articles is only one part of the investment process and should be supplemented by other sources of information, such as financial statements, analyst reports, and market data.An investor should not expect that stock prices for an individual stock will be more stable over the long-term than prices for a diversified index fund. In fact, individual stocks are generally more volatile than index funds because they are more susceptible to company-specific risks. By contrast, index funds are diversified across multiple companies and sectors, which can help to reduce overall portfolio risk.
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An 8-year project is estimated to cost $336,000 and have no residual value. If the straight-line depreciation method is used and the average rate of return is 14%, determine the average annual income.An 8-year project is estimated to cost $336,000 and have no residual value. If the straight-line depreciation method is used and the average rate of return is 14%, determine the average annual income.
Answer:
23520
Explanation:
Average Investment= Initial cost+ Residual Cost/2
(336000+0)/2=168000
.14*168000=23520 for average annual income
The average annual income over an investment of $336,000 for a period of 8 years and rate of return of 14%, will be $23,520.
What is annual income?An amount of income, which is earned over an investment for a particular period and a given rate of interest, is known as annual income. Average income is the total income divided by total number of years.
Using the given information, we can estimate that the total investment will be (336,000 + 0)/2, which will amount to $168,000. Now solving further,
\(\rm Annual\ Income = Total\ Investment\ x\ \dfrac{Average\ Rate\ of\ Return}{100}\\\\\rm Annual\ Income = 168000\ x\ \dfrac{14}{100}\\\\\rm Annual\ Income = \$23520\\\)
Hence, the average annual income earned over an investment of such project is aforementioned.
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microeconomics definition of economics cost
In microeconomics, the concept of economic cost refers to the total value of resources, both explicit and implicit, that are sacrificed or foregone in order to produce a particular good or service.
It goes beyond the monetary expenses and includes the opportunity cost of using resources in one way instead of their next best alternative use. Economic cost comprises two main components:
Explicit Costs: These are the actual out-of-pocket expenses incurred in the production process. They include the cost of labor, raw materials, rent, utilities, and any other direct payments made to suppliers or factors of production. Explicit costs are tangible and measurable in monetary terms.
Implicit Costs: These represent the opportunity cost of utilizing resources in a specific production activity. Implicit costs are the benefits or values associated with the next best alternative that is forgone when resources are allocated to a particular use. They often involve the use of self-owned resources or factors of production, such as the foregone income from not working at another job or the foregone rental income from not leasing out a property.
To calculate the economic cost of production, both explicit and implicit costs need to be taken into account. By considering the full range of costs, economists aim to capture the true economic impact of a decision or an activity, providing a more comprehensive understanding of the costs involved in the production process.
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What is the difference between gross and net pay?
A. There is no difference between gross pay and net pay.
B. Gross pay is the amount you earn; net pay is the amount you
receive after deductions.
C. Net pay is always more than gross pay.
D. Net pay is the amount you earn; gross pay is the amount you
receive after deductions.
the distinction between gross and net wages Your gross pay is how much you are paid; your net pay is how much you are paid after deductions. As a result, choice (B) is accurate.
Generally speaking, net wages" refers to the sum of money an employee receives after all withholdings and taxes have been deducted from their gross pay. It serves as a representation of the real pay that an employee receives.
To be clear, the appropriate sentence describing the distinction between gross compensation and net paid is Net pay is the amount you receive after deductions; gross pay is the amount you earn.
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Windborn Company has 15,000 shares of cumulative preferred 1% stock, $100 par and 50,000 shares of $30 par common stock.
The following amounts were distributed as dividends:
20Y1 $30,000
20Y2 12,000
20Y3 45,000
Common Stock
(dividends per share)
I cannot figure out Y1 or Y3
The dividends per share for the common stock in year 1 (Y1) is $0.60 per share, and in year 3 (Y3) is $0.90 per share.
To calculate the dividends per share for the common stock in year 1 (Y1) and year 3 (Y3), we need to determine the total dividends distributed and divide them by the number of common shares outstanding.
Given information:
Cumulative preferred stock: 15,000 shares, 1% dividend
Common stock: 50,000 shares, $30 par value
Dividends distributed:
Y1: $30,000
Y2: $12,000
Y3: $45,000
First, let's calculate the dividends per share for the cumulative preferred stock in each year.
Dividends per share for cumulative preferred stock = (Par value * Dividend rate) / Number of preferred shares
Dividends per share for cumulative preferred stock = ($100 * 1%) / 15,000 shares
Dividends per share for cumulative preferred stock = $1 / 15,000
Dividends per share for cumulative preferred stock = $0.000067 per share
Now, let's calculate the dividends per share for the common stock in year 1 (Y1) and year 3 (Y3).
For Y1:
Total dividends for common stock = Dividends distributed - (Dividends per share for cumulative preferred stock * Number of preferred shares)
Total dividends for common stock = $30,000 - ($0.000067 * 15,000)
Total dividends for common stock = $30,000 - $1.005
Total dividends for common stock = $29,998.995
Dividends per share for common stock in Y1 = Total dividends for common stock / Number of common shares
Dividends per share for common stock in Y1 = $29,998.995 / 50,000 shares
Dividends per share for common stock in Y1 = $0.5999799 per share (rounded to $0.60 per share)
For Y3:
Total dividends for common stock = Dividends distributed - (Dividends per share for cumulative preferred stock * Number of preferred shares)
Total dividends for common stock = $45,000 - ($0.000067 * 15,000)
Total dividends for common stock = $45,000 - $1.005
Total dividends for common stock = $44,998.995
Dividends per share for common stock in Y3 = Total dividends for common stock / Number of common shares
Dividends per share for common stock in Y3 = $44,998.995 / 50,000 shares
Dividends per share for common stock in Y3 = $0.8999799 per share (rounded to $0.90 per share)
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during 2022, dakari earns $130,000 in wages as an employee of an accounting firm. dakari also earns $26,000 in gross income from an outside consulting service dakari operates. deductible expenses paid in connection with the consulting service amount to $6,000. dakari also has a recognized long-term capital gain of $1,000 from the sale of a stock investment. dakari must pay a self-employment tax on:
Dakari must pay self-employment tax on $20,000 as it is the gross income.
What is gross income?Before any deductions or taxes are taken into account, gross income is the sum of all wages, earnings, interest payments, rent, and other types of income received by families and individuals. It stands in contrast to net income, which is determined by taking gross income and subtracting any applicable taxes and other deductions. The amount of a business's gross income that is left over after overhead, payroll, tax, and interest costs have been deducted from the cost of producing a good or providing a service. Although they have different meanings, gross margin and gross profit are frequently used synonymously. If you want to talk about a cash number, you should say "gross profit," and if you want to talk about a percentage or ratio, you should say "gross margin."
Amount on which tax is to be paid=26,000-6000=$20,000
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Question 2 of 20
Lexi wants to open an account where she can access the funds she needs to
pay her rent and other bills any time she wants. Which type of account would
be the best option for Lexi?
OA. A checking account
OB. A certificate of deposit
OC. A savings account
D. A money market account
SUBMIT
The best option for Lexi, who needs access to funds anytime she wants to pay her rent and other bills, would be a checking account (option A).
Checking accounts offer features such as check writing, debit card usage, and online banking, allowing Lexi to conveniently and quickly access her money whenever needed. With a checking account, she can easily pay bills by writing checks or using electronic payment methods.
In contrast, options B and C, a certificate of deposit (CD) and a savings account, respectively, may not be the best fit for Lexi's immediate needs. A CD typically requires the funds to be locked in for a specified period of time, usually ranging from a few months to several years, with limited or no access to the funds until the maturity date.
Option D, a money market account, is another viable choice for Lexi. Money market accounts often offer higher interest rates than traditional savings accounts, and they also provide check-writing and debit card capabilities. However, some money market accounts may have minimum balance requirements or limitations on the number of transactions.
Option A.
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if you cause damage to your apartment, your landlord can
Answer:
...send you out for vandalizing the property?? i dunno lol
Explanation:
Answer:
you could get evicted
Explanation:
Cootributions of political institutions
Answer:
Contributions of political institutions are diverse, and very important for any society.
Explanation:
Institutions contribute to the law and order of a nation. They also help define and determine the government structure of a place. Institutions also promote economic development by incentivizing investment if certain specific institutions are in place, like property rights enforcement, and impartial laws. In fact, this last aspects has been explored at length by economists like Amartya Sen and Daron Acemoglu.