BUSINESS COLLEGE

Seventy-Two Inc., a developer of radiology equipment, has stock outstanding as follows: 80,000 shares of cumulative preferred 3% stock, $20 par and 405,000 shares of $25 par common. During its first four years of operations, the following amounts were distributed as dividends: first year, $32,000; second year, $75,000; third year, $80,000; fourth year, $110,000. Determine the dividends per share on each class of stock for each of the four years. Round all answers to two decimal places.

Answers

Answer 1
Answer:

Answer:

Year 1  

$ 32,000  Total Dividends

$ 32,000 Preferred Stockholers

                Common Stockholers

$ 0,40         Dividends / Preferred Stock

0               Dividends / Common Stock

Year 2  

$ 75,000 Total Dividends

$ 64,000  Preferred Stockholers

$ 11,000   Common Stockholers

$ 0,80      Dividends / Preferred Stock

$ 0,03      Dividends / Common Stock

Year 3  

$ 80,000  

$ 48,000 Preferred Stockholers

$ 32,000 Common Stockholers

$ 0,60      Dividends / Preferred Stock

$ 0,08      Dividends / Common Stock

Year 4  

$ 110,000  

$ 48,000 Preferred Stockholers

$ 62,000 Common Stockholers

$ 0,60    Dividends / Preferred Stock

$ 0,15      Dividends / Common Stock

Explanation:

Cash Dividends: The amount of cash that the company paid to its shareholders as a return of the investing made by the investors.

Common Stock: Ordinary shares that a company issued to the investors hoping to raise funds to the operation of the company.

As return, the investors receive a share of profit that are paid as dividends to each of them, if the company issued preferred share, then the shareholders of common stocks are not guaranteed and are paid after the  

payment made to the preferred stock.

Preferred Stock: The stock gives to the investors a fixed amount of return, which is called, dividend, to its stockholder before paying dividends to common sotckholders.

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Felicia is looking for a new job in the insurance industry. She used to work for the controller of a retail company. What items should she add to her resume to explain her work for the controller? Select the 2 that apply.

Answers

Answer: preparing financial statements

& prepare papers for external auditor

Explanation:

Since Felicia worked for a retail company, there are definitely two things she would have being doing for the retail company that would be similar in the rod she wants to apply for at the insurance industry, they are;

-preparing financial statements;

-prepare papers for external auditor

these are a roles she would have definitely played at one point or the other for the retail store and are vital when working for the insurance industry

Two firms, A and B, each currently dump 50 tonnes of chemicals into the local river. From now on both firms will require a pollution permit for each tonne of pollution dumped into the river. The government gives each firm 20 tonnes’ worth of pollution permits, which it can either use or sell to the other firm. It costs Firm A $100 for each tonne of pollution that it eliminates before it reaches the river, and it costs Firm B $50 for each tonne of pollution that it eliminates before it reaches the river. What is likely to happen?

Answers

Answer:

10 fewer tons of pollution into the river and Firm B will dump 50 fewer tons of pollution into the river.

Explanation:

Firm B will SELL ALL of its allotted 20 permits, and clean up all of its 50 units of pollution. The price per permit will be above $50 each. Firm A will BUY ALL 20 of B's permits. It will then dump 40 tons into the water, and will clean up its remaining 10. The price it pays for a permit will be under $100.

Answer:

Firm B will sell all its permits to Firm A  i.e ( lesser chemical dumps into the river )

Explanation:

Firm B will rather sell all its 20 tonnes worth of pollution permit to firm A because it would cause Firm B lesser than Firm A when they dispose off their wastes before it gets to the River hence they will rather dispose off their waste rather than paying/purchasing pollution permits while

Firm A will buy out all of Firm B's allotted pollution permits to reduce the number of tonnes they would dispose off before getting to the river. this is because it would cause them more when they dispose off their waste before getting it to the river. hence the End product of the whole arrangement will be  Chemical dumps into the River will be reduced drastically to 40 overall instead of 100 due to the cost of dumping permits.

In 2009, a computer manufacturer had a labor productivity of 3.33 units per labor hour. In 2010, the computer manufacturer had a labor productivity of 4.27 units per labor hour. The percent change in labor productivity is:

Answers

Answer:

The percent change in labor productivity is 22%

Explanation:

Listing out the parameters given:

labor productivity (2009) = 3.33 units/hr,

labor productivity (2010) = 4.27 units/hr

To calculate the percent change in labor productivity, we have it thu:

percent change in labor productivity = [labor productivity (2010) - labor productivity (2009)] ÷ labor productivity (2010)

Let's assume 'Labor productivity' = LP

%Δ in LP = (LP _2_0_1_0 - LP _2_0_0_9)/(LP _2_0_1_0) * 100% =(4.27 - 3.33)/(4.27) * 100%

%Δ in LP = (0.94)/(4.27) * 100% = 22%

%Δ in LP = 22%

This shows an increase in computer manufacturing from 2009 to 2010 by 22%

Answer:

percentage change in labor productivity = 28.23%

Explanation:

In 2009 the computer manufacturer had a labor productivity of 3.33 units per labor hour.  In 2010 the productivity increased to 4.27 units per labor hour.

The percentage change in labor productivity can be calculated  as

change in labor productivity = New labor productivity - Old labor productivity

percentage change in labor productivity = change in labor productivity/old labor productivity  × 100

Old labor productivity = 3.33 unit

New labor productivity = 4.27 unit

change in labor productivity = 4.27 - 3.33 = 0.94

percentage change in labor productivity = 0.94/3.33  × 100

percentage change in labor productivity = 94/3.33

percentage change in labor productivity = 28.2282282282

percentage change in labor productivity = 28.23%

The following information was available for Paul Company at December 31, 2020: beginning inventory $90,000; ending inventory $70,000; cost of goods sold $968,000; and sales $1,360,000. Paul’s inventory turnover in 2020 wasa21.5 days.b.26.4 days.c.30.2 days.d.33.8 days.

Answers

Answer:

Option (c) is correct.

Explanation:

Given that,

Beginning inventory = $90,000;

Ending inventory = $70,000;

Cost of goods sold = $968,000

Sales = $1,360,000

Average inventor:

= (Beginning inventory + Ending inventory) ÷ 2

= ($90,000 + $70,000) ÷ 2

= $160,000 ÷ 2

= $80,000

Inventory turnover is the ratio of cost of goods sold and average inventory.

Paul’s inventory turnover in 2020:

= Cost of goods sold ÷ Average Inventory

= $968,000 ÷ $80,000

= 12.1 times

Days in inventory:

= 365 days ÷ Inventory turnover ratio

= 365 days ÷ 12.1

= 30.16 or 30.2 days

Briana was employed as a flight attendant by Tropical Coast Airlines. She was the only black female flight attendant on the airplane she was assigned to. At her job, Briana was frequently subjected to racial slurs, misbehavior, and threats from her co-workers. One co-worker even told their supervisor that the airline’s customers would not want to take orders from a black girl in the case of an in-flight emergency. Unable to tolerate the hostile environment, Briana quit her job. Which of the following holds true in this scenario? A) Briana has a cause of action for racial harassment under 42 U.S.C. section 1983.
B) Briana does not have a cause of action for racial harassment, as she resigned at her own will.
C) Briana has a cause of action for racial harassment under Title VII of the Civil Rights Act of 1964, as there is evidence that she was harassed.
D) Briana does not have a cause of action for racial harassment, as the actions of her co-workers were not pervasive or severe.

Answers

Answer:

C) Briana has a cause of action for racial harassment under Title VII of the Civil Rights Act of 1964, as there is evidence that she was harassed.

Explanation:

It is noteworthy that under the Civil Rights Act of 1964 it directly prohibits discrimination in public places. Thus, we could rightly say that Briana's frequent subjection to racial slurs, misbehavior, and threats from her co-workers constitutes "discrimination in public places".

Hence, she has enough evidence to take legal action against Tropical Coast Airlines.

Buffy is engaging product users to create an exhaustive list of things that bother them when they use the product and how often those situations arise, then asking the consumers to rate the list in order of importance and asking which brands are associated with the items on the list. She is using an approach called _____________________________

Answers

Answer: Problem detection

Explanation: Problem detection is used in R&D, it is a techniques that asks consumers who are familiar with the product or service to ponder upon an exhaustive list of things that bothers them while using the product.

This is done to find the ideas to make creative strategies and improvements in product/service.

Problem Detection approach identifies and prioritizes the most pressing consumer concerns so that the brand they are associated with can address unmet needs that exist in the marketplace.
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