Colorful, Inc. was incorporated on January 1, 2016. Colorful issued 9,000 shares of common stock and 700 shares of preferred stock on that date. The preferred stock is cumulative, $100.00 par, with a 10% dividend rate. Colorful has not paid any dividends yet. In 2019, Colorful had its first profitable year, and on December 31, 2019, Colorful declared a total dividend of $40,000. What is the total amount that will be paid to common stockholders? O A. $12.000 B. $40,000 OC. $28.000 OD. $7,000
Answers
Colorful, Inc. declared a total dividend of $40,000 in 2019. First, the dividend payable to the preferred stockholders is calculated, which amounts to $7,000.
To determine the total amount that will be paid to common stockholders, we need to understand the dividend distribution hierarchy between preferred stock and common stock. First, let's calculate the dividend payable to the preferred stockholders. The preferred stock is cumulative, meaning that any unpaid dividends accumulate and must be paid before common stockholders receive dividends.
Preferred Stock Dividend Payable:
Dividend Rate = 10%
Par Value of Preferred Stock = $100.00
Shares of Preferred Stock = 700
Preferred Stock Dividend Payable = (Dividend Rate) x (Par Value of Preferred Stock) x (Shares of Preferred Stock)
Preferred Stock Dividend Payable = (0.10) x ($100.00) x (700) = $7,000
Since Colorful had its first profitable year in 2019 and declared a total dividend of $40,000, we can allocate the remaining amount to the common stockholders after paying the preferred stockholders.
Total Amount Paid to Common Stockholders = Total Dividend - Preferred Stock Dividend Payable
Total Amount Paid to Common Stockholders = $40,000 - $7,000 = $33,000
Therefore, the total amount that will be paid to common stockholders is $33,000. The remaining amount, $33,000, will be paid to the common stockholders. This distribution follows the dividend hierarchy where preferred stockholders receive their dividends before common stockholders.
Learn more about ” stockholders” here:
brainly.com/question/18523103
#SPJ11
Related Questions
PLEASE HELP ME ILL MAKE YOU BRAINLIEST
Answers
Answer:
C
Explanation:
Hope this helps!
What is one method that helps control online fraud? O A. Deleting odd emails before reading B. Reporting odd emails to police • C. Reporting odd emails as spam • D. Signing into email in many locations
Answers
Answer: C. Reporting odd emails as spam
Explanation:
1. What types of the goods have elastic demand-
i. Non-essential or essential goods?
1. More substitutes or less substitutes?
Answers
Answer:
i.Non essential goods
ii.More substitute
You will need to pay a 15.3% self-employment tax if you earn $1,100 in a year... *
1 point
Babysitting your cousin’s kids
Screen printing and selling custom made t-shirts
Working at the local ice cream store
Interning at a local design company
Answers
Answer:
D interning at a local design company
Question 2 (1 point)
Kelsi works in a toy manufacturing company assembling small dolls. Her job falls into
the Maintenance, Installation & Repair pathway of the Manufacturing career cluster.
1:) True
2:) False
Answers
I guess don’t be mad if I’m wrong
The income tax rate in a state is a flat 10 percent. Based on that rate, who has the higher tax burden?
Annual Income
Alex – $20,000
Beatrice – $190,000
Julio – $80,000
Roberta – $60,000
Alex
Beatrice
Julio
Roberta
Answers
Answer:
Alex
Explanation:
A flat tax system applies a uniform tax rate to all levels of income. Individuals with low-incomes pay taxes at the same rate as those with a high income.
The flat-rate system places a higher burden on individuals with a low income. After the tax is deducted, they remain with relatively less disposable income as compared to an individual with high income. Alex will have the highest tax burden. He earns almost ten times less than Beatrice, yet they pay taxes at the same rate.
Explain the concept of market and market identification.
Identify communications channels used in sales promotion.
Explain types of advertising media.
Describe effective advertising layouts.
Write copy for advertisements.
Answers
Copywriting for advertisements should be concise and to the point, utilize descriptive language, use active voice, include an attention-grabbing headline, and provide a clear call-to-action.
What is Copywriting?Copywriting is the practice of crafting words and phrases in order to create promotional materials that are designed to sell products or services. It requires a great deal of creativity and an ability to write in an engaging and persuasive manner. Copywriting involves researching, understanding the target audience, creating attention-grabbing headlines and crafting persuasive copy to persuade readers to take action. It is an essential part of the marketing process and can be used to effectively reach potential customers and increase sales. Copywriters use a variety of techniques to create effective copy, such as using powerful words, creating vivid imagery, and making use of persuasive language. Copywriters must be able to understand the needs of their target audience, create compelling headlines and body copy, and be able to effectively target the right people. In addition, copywriters must be able to measure the success of their copy and make adjustments based on the results.
To learn more about Copywriting
https://brainly.com/question/14019544
#SPJ1
Cain Company reports net cash provided by operating activities of $35,000. It also reports the following information under “Adjustments to reconcile net income to net cash provided by operating activities” on its statement of cash flows (using the indirect method).
Answers
It can be seen from the solutions given that Cain's net income is $24,000.
Here is the solution:Net income = Net cash provided by operating activities - Adjustments
= $35,000 - $6,000 - $10,000 + $4,000 + $7,000 + $4,000
= $24,000
Therefore, Cain's net income is $24,000.
Here is a breakdown of the adjustments:
To determine cash flow from operations, it is necessary to include the gain on equipment sales in the net income as it is a non-cash entry.
A rise in accounts receivable implies that customers are prolonging payment of their invoices, resulting in decreased cash flow from the company's activities.
The depreciation expense is classified as a non-cash expense, hence it must be included in the calculation of cash from operations by adding it back to the net income.
A decrease in inventory indicates that the company is experiencing faster turnover of its inventory, leading to increased cash flow generated by its operations.
A rise in prepaid expenses denotes that the company is channeling more funds towards prepaid expenditures like insurance and rent, implying a reduced cash inflow from its operational activities.
A decline in the amount of wages that the company owes indicates that it is not promptly compensating its workforce. Consequently, this implies that the company's operational cash flow is reduced.
Read more about net income here:
https://brainly.com/question/28390284
#SPJ1
PLEASE HELP!! ASAP!!
Answers
Answer:
i can't drag them
Explanation:
The birthrate in the U.S. increases by 20%. Download the graph below and illustrate what will happen to supply and demand for college educations. Illustrate and label on the graph any shifts in supply or demand. Your labels should include D1, D2, S1, S2, E1, E2, and E3.
Answers
When the birthrate in the US increases, there would be an increase in the demand for college education. The demand curve would shift to the right.
What would happen in birth rate increase?When birth rate increases, there would be more children in the country. This would lead to more people needing college education. As a result, the demand for college education increases and this would shift the demand curve to the right.
To learn more about the demand curve, please check: https://brainly.com/question/27305760
#SPJ1
Discuss ways in which businesses can deal with change in the workplace
Answers
Answer:
Empower employees through communication, Work with a change management model, make change compelling and exciting, and Activate leadership.
Explanation:
The following situation can be modeled by a linear function. Write an equation for the linear function and use it to answer the given question. Be sure you clearly identify the independent and dependent variables. Then briefly discuss whether a linear model is reasonable for the situation described.
The price of a particular model car is $ 20,000 today and rises with time at a constant rate of $500 per year. How much will a new car of this model cost in 4 years?
Answers
a) The equation of the linear function is y = 500x + 20,000.
b) A new car of this model will cost $22,000 in 4 years.
The independent variable is time (in years) and the dependent variable is the price of the car (in dollars). Since the price of the car is increasing at a constant rate of $500 per year, we can use the point-slope form of a linear equation to model the situation.
Let y be the price of the car and x be the time (in years) from today. Then we have:
y - 20,000 = 500x
Simplifying this equation, we get
y = 500x + 20,000
To find the cost of a new car of this model in 4 years, we can substitute x = 4 into the equation and evaluate
y = 500(4) + 20,000
y = $22,000
Learn more about point-slope form here
brainly.com/question/29054476
#SPJ1
Please help worth bonus points!
Answers
Answer:
the 4th and 5th one is for france
Explanation:
this is done in france France, it is called french silver service, it's a method of food service at the table, it's known as à l'anglaise (English service)
4=the staff utilizes platters to serve cooked food
5=the last one
1= america, the first one.
2=Russia
3=russia
if I got anything mixed up, pls inform me.
can someone help me? got till the end of the day :/
Answers
Answer:
A
Explanation:
Explain how an investor makes money by investing in bonds
Answers
Answer:
Financial investors earn money through the purchase of bonds, be these public (of countries or states) or private (that is, of companies) through speculation regarding the rise or fall of their value with respect to the purchase value, as well as with the interest that these bonds accrue periodically.
Thus, if the bond rises in value due to a good economic performance by the issuer, investors can sell it and make a profit, or even buy bonds at times of low values, expecting increases.
what are the sources of information about foreign employment? introduction in brief
Answers
Answer:
Blue, newspapers or professional journals; Red, personal contacts abroad; Green, recruitment websites.
Explanation:
please give me brainlist and follow
Define the Salaries payable account by selecting the appropriate statement below. O It reports amounts owed to employees and is a liability. O It reports amounts owed to employees and is an asset. O It is increased with a debit and is considered an asset account O It reports amounts owed to employees and is reported on the income statement.
Answers
The Salaries payable account can be described by following statements -
It is a liability account.It is increased with a credit.It is reported on the balance sheet.It reports amounts owed to employees.Salaries payable is a lawful obligation account that incorporates the measures of any compensations owed to representatives, that have no more except for been paid to them. The equilibrium inside the record addresses the pay rates risk of a business undertaking as of the asset report date.
Accounts payable (AP) are sums because of organizations or suppliers for labor and products got that have no more yet been paid for. The amount of all extraordinary amounts owed to merchants is demonstrated as the obligations payable solidness on the association's accounting report.
Unmerited income is cash gotten by involving a man or lady or undertaking for a help or item that has yet to be provided or added. it very well may be an idea of a "prepayment" for things or administrations that somebody or an endeavor is anticipated to supply to the supporter sometime in the future.
Know more about Salaries payable account - https://brainly.com/question/28238827
#SPJ4
Correct Question -
Which of the following describe the Salaries payable account? (Check all that apply.)
Question 2. Small Town Sweets—audit planning analytics (4%)
Small Town Sweets is based in Molong, NSW, and produces a range of high-quality confectionery for the East Coast market. Small Town Sweets operates in a low-margin environment, which typically means that large volumes are required to cover overhead costs and generate profits. It also means that overheads need to be kept under control to ensure that a net profit is generated from its operations. Debt is also kept to a minimum to ensure that interest costs are low and that there is sufficient margin to protect solvency during downturns.
The company did not reach industry profitability benchmarks in the previous year and budgeted to do better in the current year. It thought that it could do so by keeping its costs down in relation to sales while allowing its gross margin to drop, evidently planning to generate a larger volume of sales. The company also planned to better manage its working capital by reducing inventory and accounts receivable levels, indicating that it expected to produce a healthy cash flow to enable it to do so. As part of the planning process MCA has produced the following analytical information:
Ratio Actual Budgeted Prior Year Industry
Return on equity % 12.9 16.6 14.8 15.5
Return on total assets % 10.7 14.2 13.1 14.5
Gross margin % 8.5 9.0 9.5 9.0
Marketing expense/sales % 2.6 1.8 2.0 2.2
Admin expenses/sales % 1.6 1.6 1.8 2.0
Interest coverage ratio 5.4 8.1 6.4 6.0
Days in inventory 33.1 30.4 31.1 30.0
Days in accounts receivable 50.0 48.0 49.7 45.0
Current ratio 1.3 1.2 1.2 1.5
Quick asset ratio 0.81 0.77 0.77 1.0
Debt to equity ratio 0.51 0.33 0.41 0.40
Required
With reference to ASA 315 and the information above, identify and justify:
the three ratios that would be of most interest in the planning of the audit.
the account balance that is most at risk for each ratio identified in 1.
the assertion most at risk for each account balance identified in 2.
Answer this question using the following headings:
1. Ratio
2. Account balance
3. Assertion
Answers
Ratio:
a) Return on equity %
b) Days in inventory
c) Days in accounts receivable
Account balance:
a) Net income
b) Inventory
c) Accounts receivable
Assertion:
a) Existence
b) Valuation
c) Completeness
Justification:
Ratio:
a) Return on equity %: Return on equity is a key profitability ratio that measures the company's ability to generate profits for shareholders. It is of interest to auditors as it provides insight into the effectiveness of the company's management team in generating profits. A lower than expected return on equity could indicate mismanagement or fraudulent activity.
b) Days in inventory: Days in inventory is a ratio that measures the average number of days it takes for inventory to be sold. It is of interest to auditors as it provides insight into the efficiency of the company's inventory management system. A high number of days in inventory could indicate that inventory is not being managed efficiently, leading to potential overstatement of inventory and understatement of cost of sales.
c) Days in accounts receivable: Days in accounts receivable is a ratio that measures the average number of days it takes for customers to pay their bills. It is of interest to auditors as it provides insight into the efficiency of the company's accounts receivable management system. A high number of days in accounts receivable could indicate that the company is not collecting receivables in a timely manner, leading to potential overstatement of accounts receivable and understatement of bad debts.
Account balance:
a) Net income: Net income is the primary measure of a company's profitability. It is at risk if the return on equity ratio is lower than expected, as it may indicate mismanagement or fraudulent activity.
b) Inventory: Inventory is a major component of cost of sales and is at risk if the days in inventory ratio is higher than expected, as it may indicate potential overstatement of inventory and understatement of cost of sales.
c) Accounts receivable: Accounts receivable represent amounts owed to the company by customers. They are at risk if the days in accounts receivable ratio is higher than expected, as it may indicate potential overstatement of accounts receivable and understatement of bad debts.
Assertion:
a) Existence: The existence assertion is at risk for net income if the return on equity ratio is lower than expected, as it may indicate mismanagement or fraudulent activity.
b) Valuation: The valuation assertion is at risk for inventory if the days in inventory ratio is higher than expected, as it may indicate potential overstatement of inventory and understatement of cost of sales.
c) Completeness: The completeness assertion is at risk for accounts receivable if the days in accounts receivable ratio is higher than expected, as it may indicate potential overstatement of accounts receivable and understatement of bad debts.
For more questions like audit visit the link below:
https://brainly.com/question/23459191
#SPJ11
pex sleep products has developed a new adjustable mattress. at which stage in its product life cycle will sales of the new mattress increase most
Answers
Based on the information given, sales of the new adjustable mattress will most likely increase during the growth stage of its product life cycle.
During the growth stage, the product has been successfully launched and is gaining wider acceptance in the market. Customers are becoming more aware of the product and the benefits it offers, which leads to increased demand and sales. At this stage, the company typically invests in marketing and advertising to build brand awareness and increase market penetration.
Since the new adjustable mattress from Pex Sleep Products is a new product, it is likely that it will experience a period of slow initial sales as the company establishes its brand and educates consumers about the product's benefits.
You can learn more about product life cycle at
https://brainly.com/question/7510515
#SPJ11
When a firm makes choices between a cost or value position to achieve competitive advantage, it is primarily involved in:
Answers
When a firm makes choices between a cost or value position to achieve competitive advantage, it is primarily involved in: strategic trade-offs.
What are strategic trade-offs?
This is a term that is used in the business word to refer to the sacrifices that a firm would make in order to be able to deliver on its goals.
Trade offs could be the service levels that the firm is not able to achieve.
Read more on trade offs here:
https://brainly.com/question/13760478
#SPJ12
When marina purchased several bottles of coke beverages and snacks to bring to her family’s holiday celebration, it represented the purchase of:.
Answers
When marina purchased several bottles of coke beverages and snacks to bring to her family’s holiday celebration, it represented the purchase of: consumer products
This is further explained below.
What are consumer products?Generally, Consumer goods, often known as final goods, are items that are purchased by people or families for their own consumption.
In conclusion, While shopping for drinks and food to bring to her family's Christmas gathering, Marina picked up numerous bottles of Coca-Cola.
Read more about consumer products
https://brainly.com/question/11534948
#SPJ1
TRUE OR FALSE: A mathematics professor at a university would fall under both the Education and Training career cluster and the STEM career cluster.
Answers
Explanation: none
The adjusting entry to record the depreciation of a building for the fiscal period is:.
Answers
In order to record depreciation in a fiscal period, the adjusting entry is Debit Depreciation Expense; Credit Accumulated Depreciation.
How do you record depreciation?Depreciation is an expense which means that it should be debited when incurred. The relevant account is the depreciation expense account.
To account for Net Book Value, this depreciation expense should then be credited to the Accumulated Depreciation account which sums up the depreciation till date.
Find out more on accumulated depreciation at https://brainly.com/question/1287985.
#SPJ1
The outer edge of a circular running track is 330m long. If it is widened by 7m all around, find the cost of widening it at 8 per square metre.
Answers
Answer:
Here given that perimeter of circular running track =330m
Let radius=r
As we know that in a circle
\({\boxed{\sf Perimeter=2\pi r}}\)
Substitute the values\(\qquad \quad{:}\longmapsto\tt 2\times\dfrac {22}{7}×r=330 \)
\(\qquad \quad{:}\longmapsto\tt \dfrac {44}{7}r=330 \)
\(\qquad \quad{:}\longmapsto\tt r=\dfrac {330×7 }{44}\)
\(\qquad \quad{:}\longmapsto\tt r=\dfrac{2310}{44}\)
\(\qquad \quad{:}\longmapsto\tt r=52.5 \)
\(\therefore\sf r=53m (Approx)\)
Again
\({\boxed{\sf Area=\pi r^2 }}\)
Substitute the values\(\qquad \quad{:}\longmapsto\tt Area=\dfrac{22}{7}×(53)^2 \)
\(\qquad \quad{:}\longmapsto\tt Area=8828.2m^2 \)
\(\therefore\sf Area=8828m^2 (Approx)\)
Nowthe radius is increased by 7m
Hence
New radius=(x+7)m=53+7=60m
New Area=
\(\qquad \quad{:}\longmapsto\tt \pi. r^2 \)
\(\qquad \quad{:}\longmapsto\tt \dfrac {22}{7}(60)^2 \)
\(\qquad \quad{:}\longmapsto\tt \dfrac {22}{7}×3600 \)
\(\qquad \quad{:}\longmapsto\tt 11314.28m^2 \)
\(\therefore\sf AREA=11314m^2 (Approx).\)
nowArea of widened Area=New area-Old Area
\(\qquad \quad{:}\longmapsto\tt 11314-8828 \)
\(\qquad \quad{:}\longmapsto\tt 2486m^2 \)
Cost of widening per square=8Total cost=
\(\qquad \quad{:}\longmapsto\tt 2486×8 \)
\(\qquad \quad{:}\longmapsto\tt 19888\)
\(\therefore\sf Total\:cost\:is\: 19888.\)
Can't understand the attachment?Here is a latex diagram for your question.
\(\Huge\downarrow \)
\(\setlength{\unitlength}{1cm}\begin{picture}(0,0)\thicklines\qbezier(2.3,0)(2.121,2.121)(0,2.3)\qbezier(-2.3,0)(-2.121,2.121)(0,2.3)\qbezier(-2.3,0)(-2.121,-2.121)(0,-2.3)\qbezier(2.3,0)(2.121,-2.121)(-0,-2.3)\qbezier(1.2,0)(1.121,1.121)(0,1.2)\qbezier(1.2,0)(1.121,-1.121)(0,-1.2)\qbezier(0,-1.2)(-1.121,-1.121)(-1.2,0)\qbezier(-1.2,0)(-1.121,1.121)(0,1.2)\put(-0,0){\vector(-1,0){2.3}}\put(0,0){\vector(0,1){1.2}}\put(-1.7,0.2){$\bf (x+7)m$}\put(0.2,0.3){$\bf x m$}\end{picture}\)
Casting as wide a net as possible when recruiting candidates Marked out of 1.00 b. Anticipating how many employees will quit or retire this year c. Checking the industry statistics for anticipating future changes d. Identifying current or anticipated gaps between the talent your organization has and what it will need Quostion 2 Which of the following questions is part of identifying an employer's brand? Not yot answered a. What values are important to the company culture? Marked out of b. Is the performance management process percelved to be fair? 1,00 c. All of these d. Is the company on the leading edge of its industry? Question 3 Which of the following best describes the process of identifying current employees who have the talent and ablity to move into upper Not yet management in the next few years? answerd a. Succession planning Markind out of 1.00 b. Labor market analysis P Flag question c. Sourcing candidates d. Recruiting: Question 4 Notymt Which of the following best describes when recruiters look for the names and contact information of potential job candidates for specific roles? answered Marked out of a. Selection 1.00 b. Sourcing P Flag puestion c. Internal recruiting d. Succession planning Uniform Guidelines on Employee Selection Procedures are meant to avoid which of the following? a. disparate treatment b. adverse impact c. screaning d. harassment
Answers
Casting as wide a net as possible when recruiting candidates refers to the practice of reaching out to a large and diverse pool of potential candidates.
This can include using various methods such as job postings, online platforms, networking events, and referrals to attract a wide range of applicants.
Anticipating how many employees will quit or retire this year involves predicting the number of employees who may leave the organization voluntarily or due to retirement. This helps in workforce planning and determining the need for replacements or succession planning.
Checking the industry statistics for anticipating future changes involves researching and analyzing data related to the industry in which the organization operates. This helps in identifying trends, market conditions, and potential challenges or opportunities that may impact the talent needs of the organization in the future.
Identifying current or anticipated gaps between the talent your organization has and what it will need refers to the process of evaluating the skills, knowledge, and abilities of the existing workforce and comparing them to the future talent requirements of the organization.
Question 2: This question helps in understanding the core principles and beliefs that shape the organization's work environment and overall identity.
Question 3: The process of identifying current employees who have the talent and ability to move into upper management in the next few years is called succession planning. Succession planning involves identifying and developing potential successors for key leadership positions within the organization.
Question 4: When recruiters look for the names and contact information of potential job candidates for specific roles, it is referred to as sourcing. Sourcing involves actively searching for qualified candidates through various channels such as online platforms, social networks, and professional communities.
To Know more about potential candidates.
https://brainly.com/question/7958953
#SPJ11
Define the 3 types of pricing strategies and objectives available to global marketers. Identify some of the environmental constraints on global pricing decisions Do research on the railroads or on the airlines as a mode of shipping and write a brief paper on the strengths and weaknesses, the future, and the popularity of these modes.
Answers
Popularity of the modes of shipping depends on several factors such as availability, speed, cost, reliability, and suitability for the type of product being shipped.
Three types of pricing strategies and objectives available to global marketers are:
1. Geocentric Pricing Strategy: Geocentric pricing strategy recognizes that a company's home country and foreign markets are not the same, and that a mixture of both home and host market considerations may result in a global price strategy.
2. Polycentric Pricing Strategy: The polycentric approach allows subsidiaries or affiliates to establish local pricing policies that are consistent with local conditions.
3. Ethnocentric Pricing Strategy: An ethnocentric company relies on the home market for all or the majority of its sales, thus setting a price in the domestic market, and then charging a premium to international customers.
Environmental constraints on global pricing decisions can be external or internal. Tariffs, quota, taxes, distribution channels, exchange rate, inflation, transportation cost, foreign currency risk, local competition, legal restrictions, and pricing regulations are some of the external constraints on global pricing decisions. However, rail transportation takes longer and is less flexible than other modes of transportation. Air transportation is fast, flexible, and can be used to transport goods over long distances. Air transportation is expected to grow due to increasing demand for faster and more reliable transportation.
To learn more about product, visit:
https://brainly.com/question/4523051
#SPJ11
When a firm has __________, it can place more emphasis on other objectives.
Answers
When a firm has money or dollars , it can place more emphasis on other objectives.
What is Firm objectives ?
Profit maximization is a business firm's primary goal, according to the traditional theory of the firm. Price and output of a given product under perfect competition are decided with the only goal of maximizing profits, under the assumptions of given tastes and technology.
What does the company hope to achieve financially?
firm is to maximize the wealth of its owners." that the management's top priority is stockholder wealth maximization, which translates into boosting the price of the common stock. maximize the firm's value. The goal is to increase the stock price in trading and markets that are thought to be efficient.
Learn more about Firm objectives
brainly.com/question/28523896
#SPJ4
Kim placed an order with her broker for 550 shares of each of three ipos being offered this week. each of the ipos has an offer price of $27. the number of shares allocated to kim along with the closing prices on the first trading day are: stock shares allocated price a 550 $ 26.15 b 400 30.43 c 320 33.43 what is kim's total profit on these three stocks at the end of the first day of trading?
Answers
Kim's total profit on these three stocks at the end of the first day of trading was -$347. This means that Kim lost money on her investment.
At the end of the first trading day, Kim's total profit on these three equities can be calculated as follows:
1. The total cost of the shares that Kim purchased. Kim purchased 550 shares of each of the three IPOs, so the total number of shares she purchased \(\displaystyle{\displaylines{550 * 3 = 1650}}\).
The offer price for each share was $27, so the total cost of the shares is \(\displaystyle{\displaylines{1650 * $27 = $44,550}}\)
2. The total revenue from selling the shares.
Kim sold
320 shares of stock C, a closing price of $33.43,
550 shares of stock A, a closing price of $26.15,
400 shares of stock B, a closing price of $30.43,
550 shares of stock B, the closing price of $30.15.
The total revenue from selling the shares is
\(\displaystyle{\displaylines{550 * $26.15 + 400 * $30.43 + 320 * $33.43 = $44,203.}}\)
3. Subtracting the total cost from the total revenue finds the total profit.
The total profit is -
\(\displaystyle{\displaylines{$44,203 - $44,550 = -$347.}}\)
Therefore, Kim's total profit on these three stocks at the end of the first day of trading was -$347. This means that Kim lost money on her investment.
learn more about total cost here :
https://brainly.com/question/33874635
#SPJ12
A man owns one of 20 units in fee simple, along with a 5% ownership share in the parking facilities, recreation center, and grounds. What kind of property does on?
Answers
If a man owns one of the 20 units in fee simple and owns 5% of the grounds, parking garage, and recreation center. Additionally, he owns condominium-style real estate.
An expansive complex of distinct units, each of which is owned separately, makes up a condominium. Ownership typically includes a nonexclusive stake in specific "common property" that is under the supervision of the condominium.
The management of a condominium complex is often carried out by a board of unit owners who are responsible for tasks like snow removal and grass care.
A condominium, also referred to as a condo, is a separately owned apartment in a complex or other residential building. Condominium owners are co-owners of the common property, which includes the floor, walls, walkways, stairwells, and outside spaces. They own the air space inside their condos. Payments to a condominium organization that is responsible for maintaining the property are typically required of a condo owner.Learn more about condominium here
https://brainly.com/question/28066344
#SPJ4
question 3
what is the difference between manufacturing and a cottage industry
Answers
Answer: Simply put, the cottage industry refers to a period of time in which goods for sale were produced on a very small scale, usually in a home. ... The factory system is a term that historians use to refer to the development of centralized factories or mills that produced goods on a mass scale.
Explanation: !!!!!!
Answer:
faster producing and stuff (ap.ex) i forgot the answer that i got right but it goes like that
Explanation: