On February 5, 2021, the board of directors of Thompson & Thompson Builders voted to distribute $3,440,000 to the firm's stockholders. If the firm has issued 100.000 shares of 4% preferred stock with a par value of $50 and 1,860,000 shares of common stock outstanding, calculate the following. (Round all answers to the nearest cent.) 1. Dividend per share of preferred stock: se Х ? 2. Dividend per share of common stock: A
Answers
Dividend per share of preferred stock:
The total amount of dividends to be distributed to preferred stockholders is:
$3,440,000 x 4% = $137,600
The number of preferred shares is:
$100,000 par value / $50 per share = 2,000 shares
Therefore, the dividend per share of preferred stock is:
$137,600 / 2,000 shares = $68.80
Dividend per share of common stock:
The total amount of dividends available for common stockholders is:
$3,440,000 - $137,600 = $3,302,400
The number of common shares outstanding is:
1,860,000 shares
Therefore, the dividend per share of common stock is:
$3,302,400 / 1,860,000 shares = $1.77
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Related Questions
Aisha, a department manager, is struggling trying to lead a cross-functional team. Most members are other department managers at her level, and they see no reason to do what she asks. Here, aisha has
Answers
In this cross functional team, Aisha has weak position power.
Cross functional team:
In business terms, cross functional team refers the group of people with a variety of expertise who come together to achieve a common goal.
Given,
Here we have the person called Aisha, a department manager, is struggling trying to lead a cross-functional team. Most members are other department managers at her level, and they see no reason to do what she asks.
Now, we have to find the weakness of Aisha.
Here we know that, the position power refers to the authority that one possess over others in an organization due to the position in the managerial hierarchy such individual holds. And it also the work as a base line for the senior subordinate relationship in a firm.
Where as the position power makes flow of communication vertical, that is, from downward to upward and vice versa, which creates a sense of respect and fear among the subordinate towards their seniors.
Here in the given case, Aisha is the department manager and the other participant on which she wants to make order to holds same position as she do.
Therefore, there is no senior subordinate relationship among them which concludes weak position power.
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Which monetary policy tool is a supplementary tool that sets a floor for the federal funds rate?
Answers
The monetary policy tool which is supplementary tool that sets a floor for the federal funds rate is referred as Interests on reserve balance rates.
The IORB rate, or interest on reserve balances rate, is the rate of interest paid by the Federal Reserve on balances maintained by or on behalf of qualifying institutions in master accounts at Federal Reserve Banks beginning July 29, 2021. The Board of Governors sets the interest rate, which is an essential tool of monetary policy.
The Federal Reserve Act of 1913 mandated all depository institutions to hold aside a portion of their deposits as reserves, which might be cash or account balances with a Reserve Bank.
The Act empowered the Fed to establish the requisite percentage for all commercial banks, savings banks, savings and loans, credit unions, and foreign bank branches and agencies in the United States.
These institutions often maintain a Fed account and use their reserve holdings to satisfy reserve requirements as well as to conduct financial transactions such as check and electronic payments, as well as currency and coin services.
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Whistle Works manufacturers safety whistle keychains. They have the following information available to prepare their master budget:
October: $42000
November: $45000
December: $50400
Whistle Works sells each whistle for $12. They have a desired ending inventory for production of 20% of the next month's budgeted sales in units. How many units does Whistle Works need to produce in November?
Answers
The number of units that Whistle Works need to produce in November is 3,840 Units.
Here, we are going to calculate the number of units that Whistle Works need to produce in November.
Units for November = Total Sales / Selling Price Per Unit
Units for November = $45,000 / $12
Units for November = 3,750 Units
Units for December = Total Sales / Selling Price Per Unit
Units for December = $50,400 / $12
Units for December = 4,200 Units
Units to be Produced in November = 80% * Expected Sales in November + 20% * Expected Sales in December
Units to be Produced in November = 80 % * 3,750+ 20% * 4,200
Units to be Produced in November = 3,000 + 840
Units to be Produced in November = 3,840 Units
Therefore, the number of units that Whistle Works need to produce in November is 3,840 Units.
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PLEASE HELP
Match each profession with its usual work environment.
1. Solar photovoltaic installer
2. Ironworker
3. Construction manager
4. Cement mason
A.Roof of a building
B.Outdoors at great heights
C.Outdoor job site
D.Field office
Answers
Answer:
1.) Solar photovoltaic installer - a. roof of a building
2.) Ironworker - b. outdoors at great heights
3.) Construction manager - d. field office
4.) Cement Mason - c. outdoor job site
Explanation:
please correct me if I'm wrong
The opportunity cost of watching a movie will be equal to;
А) The time lost while watching the show
B)The pleasure that could have been enjoyed watching TV instead
С )The pleasure enjoyed by watching the show
D) The amount paid to buy the tickets
Answers
Answer:
А) The time lost while watching the show
Explanation:
Opportunity cost is the value of the next-best alternative when a decision is made; it's what is given up.
A and D seems correct, but the wording on D makes A the better answer.
planters sell the same peanuts to all final customers, but modify the packaging depending on the size of the distributor. this is an example of . a. product differentiation b. lean production c. mass production d. mass customization
Answers
This situation, where planters sell the same peanuts to all final customers but modify the packaging based on the size of the distributor, is an example of mass customization (option d).
Mass customization involves producing a wide variety of customized products to cater to the unique needs and preferences of individual customers while maintaining the cost-efficiency of mass production.
In this case, the planters are providing tailored packaging solutions to different distributors, allowing them to cater to their specific requirements while still offering the same core product (peanuts) to everyone. This approach enables the planters to satisfy various customer needs and preferences without compromising on the efficiency and affordability of their production processes.
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I want to sell homework answers but I need to contact people without people finding out I did
Answers
Answer:
sell?
Explanation:
The Four Seasons hotel chain offers restaurants with the finest service, elevators that run smoothly, and a front desk that checks people in quickly. Many times fresh-cut flowers are in the lobbies and dishes of fruit are in each room. ________ is responsible for implementing these customer benefits.
Answers
The Four Seasons hotel chain offers restaurants with the finest service, elevators that run smoothly, and a front desk that checks people in quickly. Many times fresh-cut flowers are in the lobbies and dishes of fruit are in each room.Operations Manager is responsible for implementing these customer benefits.
An Operations Manager is a professional responsible for overseeing the operations of a hotel. Their primary responsibility is to ensure that the daily activities at the hotel are carried out seamlessly. They also work to ensure that each department is functional, efficient, and profitable.
The Operations Manager is responsible for managing the hotel's resources, such as staff, finances, and inventory, to ensure that the hotel is profitable and the guests are satisfied. The Operations Manager works closely with other managers and employees to achieve the hotel's overall objectives.
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Match the banking term with its definition.A. List currency coin and checks deposits into an accountB. A document signed by the depositor instructing the bank to pay a specified amount of moneyC. A record set up by a bank for its customerD. Explains the reason for paymentsE. Electronic transfer of cash from one party to another.a. Deposit ticket b. checkc. bank accountd. Remittance advicee. Electronic funds transfer
Answers
Answer:
A. Deposit ticket: List currency coin and checks deposits into an account.
B. Check: A document signed by the depositor instructing the bank to pay a specified amount of money.
C. Bank account: A record set up by a bank for its customer.
D. Remittance advicee: Explains the reason for payments.
E. Electronic funds transfer: Electronic transfer of cash from one party to another.
Explanation:
A. Check: List currency coin and checks deposits into an account.
B. Deposit ticket: A document signed by the depositor instructing the bank to pay a specified amount of money.
C. Bank account: A record set up by a bank for its customer.
D. Remittance advicee: Explains the reason for payments.
E. Electronic funds transfer: Electronic transfer of cash from one party to another.
slader Each month Leo must make copies of a budget report. When he uses both the large and the small copier, the job takes 30 min. If the small copier is broken, the job takes him 50 min. How long will the job take if the large copier is broken
Answers
Based on the time it takes Leo when he uses two machines, the length of time it will take if the large copier is broken is 75 minutes.
How long will it take if the large copier is broken?This can be found by the formula:
= 1 / ( (1 / time taken with both copiers) - (1 / time taken with large copier) )
Solving gives:
= 1 / ( ( 1 / 30) - (1 / 50))
= 1 / (1 / 75)
= 75 minutes
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Consider this scenario. Employees of a pharmaceutical sponsor are provided the opportunity on a regular basis to provide blood samples for in-house research protocols. Subjects will be paid $10 dollars for each blood draw. Clinically relevant results will be reported to the company employee health service for follow up with the employee. Supervisors are not provided with lists of subordinate employees who participate, but this information is not considered confidential and there is no prohibition on supervisors inquiring about subordinate employee participation in research.
The employee subjects fit best into which categories of vulnerability?
Answers
The subjects participating in this research can experience institutional vulnerability as supervisors can know who of the employees are part of this b.
In research, the subjects or participants can be vulnerable if their ability to decide whether to participate on a study or not is influenced by factos such as:
Pressure from other people or institutionsLack of communication or cognitive issuesEconomic hardshipsBased on this, there are different types of vulnerability such as:
Cognitive or communicative vulnerabilityInstitutional vulnerabilityEconomic vulnerabilitySocial vulnerabilityIn the case of institutional vulnerability, this occurs if subjects are compeled to participate or not participate in a study due to institutional relationships. This includes the employee/supervisor relationship.
The study described shows this type of vulnerability because supervisors can know who of the employees are participating in the study and they can influence on their decision.
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Which of the following best explains the significant increases in the equilibrium prices for higher education in the United States since the 1980s? The supply of higher education is highly price elastic, and demand has increased substantially. The demand for higher education is highly price inelastic, and the supply has decreased substantially. The demand for higher education is highly price elastic, and the supply has decreased substantially. The supply of higher education is highly price inelastic, and demand has increased substantially.
Answers
Answer: The supply of higher education is highly price inelastic and demand has increased substantially.
Explanation:
The option that best explains the significant increases in the equilibrium prices for higher education in the United States since the 1980s is that the supply of higher education is highly price inelastic and demand has increased substantially.
Price inelastic means that a change in price has little effect on the demand for education and since there has been an increase in the demand for education, the suppliers will increase the price which led to the increase in equilibrium price.
Why is real GDP the best way to measure the economy?
Answers
Since it tells us about the size and soundness of an economy, GDP is important.
GDP's meaning?The gross domestic product is the most common measure of an economy's size (GDP).GDP can be calculated for a nation, a region (including such Tuscan in Italy or Burgundian in Franco), or for a group of nations (such as the European Union) as a whole (EU).
Why does the GDP grow?In general, there are two main factors that contribute to economic growth: an increase in the workforce's size and an increase in that workforce's performance (output per hour worked). Both can expand the economy's total size, but only robust productivity growth can raise per capita Gross national and income.
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Does anybody know how to calculate early start early finish late start Late finish and slack?
Please answer immediately and thank you
Answers
Answer:All about Early Start, Early Finish, Late Start and Late Finish
This topic is very important from PMP exam perspective. You must expect a question or two based on the calculations of Early Start and Finish and Late Start and Finish.
Also, before we get into the details, it is very important that you have the understanding of the previous concepts that build up this topic, specifically the 3 listed below,
Network Diagrams
Critical Path
Float / Slack
Now, we already know that Float or Slack is the amount of time an activity can be delayed without impacting the project end date. But the early start or early finish and late start or late finish numbers can actually show you how much freedom you really have.
Early Start – The earliest time that an activity can start
Early Finish – The earliest time that an activity can finish
Late Start – The latest time that an activity can start
Late Finish – The latest time that an activity can finish
Each activity in Network Diagram is represented as below,
Explanation:
12. ………… you there when the fire broke out ?
1) Are 2) Were 3) Will 4) Did
Answers
Answer:
Were
Explanation:
Have a good day
Hope I helped
Answer:
were
Explanation:
third person plural
Which of the following is a difference between internal and external whistle-blowing?Unlike internal whistle-blowing, the history of external whistle-blowing is impossible to track.Unlike external whistle-blowing, the examples of internal whistle-blowing receive no media attention.Unlike internal whistle-blowing, incidents of external whistle-blowing are rarely documented.Unlike external whistle-blowing, internal whistle-blowing does not harm a company's public image.
Answers
A key difference between internal and external whistle-blowing is the impact on the company's public image and the level of media attention they receive. Unlike external whistle-blowing, internal whistle-blowing does not harm a company's public image.
External whistle-blowing, on the other hand, involves reporting the misconduct to external parties, such as regulators, law enforcement agencies, or the media. This type of whistle-blowing often garners significant media attention and can damage the company's reputation, as the public becomes aware of the unethical behavior or illegal activities taking place within the organization.
Moreover, internal whistle-blowing examples tend to receive less media attention compared to external whistle-blowing, as the issues are usually handled discreetly and do not become public knowledge. External whistle-blowing incidents are more likely to be documented and reported in the media, making them easier to track historically.
A major difference between internal and external whistle-blowing is the effect on the company's public image and the amount of media attention each type receives. Internal whistle-blowing helps maintain a company's reputation by addressing issues internally, while external whistle-blowing can cause reputational harm due to increased public awareness of the misconduct.
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as foreign exchange activity has grown, a given degree of central bank intervention has become: a. more frequent. b. less effective. c. more effective. d. none of these choices are correct.
Answers
As foreign exchange activity grows, a given degree of central bank intervention becomes less effective. Hence, the correct option is (b) less effective.
Central banks manage currency by generating new currency, setting foreign currency reserves, and fixing interest rates. In regard to foreign exchange, the central bank intervention aims at stabilizing its currency in the foreign exchange market. The success of central bank interventions highly depends on how it manages and stabilizes its currency in the foreign exchange market.
If the central bank fails to maintain its stability in the foreign exchange market, it undermines the credibility of the central bank. The increase in foreign exchange activities means that the role of central bank intervention is less effective to stabilize its currency in the foreign exchange market.
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[true or false] Libraries and schools are places where you may conduct formal research.
Answers
Answer:
True
Explanation:
most libraries have books that contain reliable info
sometimes with schools
Great Lakes Packing has two bond issues outstanding. The first issue has a coupon rate of 3.54 percent, a par value of $1,000 per bond, matures in 4 years, has a total face value of $3.8 million, and is quoted at 103 percent of face value. The second issue has a coupon rate of 6.10 percent, a par value of $2,000 per bond, matures in 23 years, has a total face value of $8.1 million, and is quoted at 95 percent of face value. Both bonds pay interest semiannually. The company's tax rate is 39 percent. What is the firm's weighted average aftertax cost of debt
Answers
Answer:
3.20%
Explanation:
The firm's weighted average aftertax cost of debt can be determined by first of all determining the before-tax cost of each debt.
Using a financial calculator, the before-tax costs of debt are ascertained as follows:
Bond 1:
N=8(number of semiannual coupons in 4 years)
PMT=17.70 (semiannual coupon=face value*coupon rate/2=$1,000*3.54%/2=$17.70)
PV=-1030(current price=$1000*103%=$1030)
FV=1000(the face value is $1000)
CPT
I/Y=1.37%(the semannual yield, annual yield=1.37%*2=2.74%)
after-tax cost of first debt=2.74%*(1-39%)=1.67%
Bond 2:
N=46(number of semiannual coupons in 23 years)
PMT=30.50 (semiannual coupon=face value*coupon rate/2=$1,000*6.10%/2=$30.50)
PV=-950(current price=$1000*95%=$950)
FV=1000(the face value is $1000)
CPT
I/Y=3.26%%(the semannual yield, annual yield=3.26%%*2=6.52%)
after-tax cost of second debt=6.52%*(1-39%)=3.98%
market value of first debt=$3.8 million*103%=$3,914,000
market value of second debt=$8.1 million*95%=$7,695,000
total market value of debts=$3,914,000+$7,695,000=$11,609,000
firm's weighted average aftertax cost of debt=(1.67%*$3,914,000/$11,609,000)+(3.98%*$7,695,000/$11,609,000)
firm's weighted average aftertax cost of debt=3.20%
2. Which option is not studied in macroeconomics?
(A) The consequences of a higher interest rate
(B)The effects of a lower exchange rate
(C)The impacts of price changes in the market for smartphones
(D)The impacts of progressive taxation
Answers
Answer:
C)The impacts of price changes in the market for smartphones
Explanation:
Macroeconomics is concerned with the decisions, performance, and behavior of the entire economy. It studies how a country allocates and distributes limited resources to different sectors of the economy. Macroeconomics analyses key economic indicators of unemployment, inflation, incomes, and the GDP growth rate.
The Government uses data from macroeconomic to formulate national economic strategies. Price changes in the market for smartphones affect one sector but not the entire economy. Microeconomics is the branch that deals with decisions affecting single markets.
animes-plz!!!!!!!!!!!!!!!!!!!!!!!!!!
Answers
Companies engaged in a single line of business most commonly utilize an organizational structure that can be:
a functional (departmental) organizational structure.
highly decentralized matrices.
either independent, consolidated, or hybrid profit centers.
hybrid functional organizations with a combination of
decentralized and centralized decision making.
either centralized, principal, or critical-path in nature.
Answers
Answer:
a functional (departmental) organizational structure.
Explanation:
Companies engaged in a single line of business most commonly utilize an organizational structure that can be a functional (departmental) organizational structure.
A functional (departmental) organizational structure is a type of structure used to organize staffs by dividing them into various departments based on their skill set, roles or functions and knowledge.
These departments which are vertically structured may include, finance, IT, sales and marketing, research and development, customer service etc. Also, the various departments are headed by a functional manager who are saddled with the responsibility of overseeing, managing and reporting to the executive management.
The employees in companies engaged in a single line of business are generally referred to as silos because they work independently, collaborate and communicate with their colleagues in a vertical style i.e exclusively with each other.
Hence, a functional (departmental) organizational structure enhance efficiency and an improved quality of production because workers having similar skills, knowledge and experience are grouped together to achieve common goals and objectives.
Marcus set a goal to buy a used car in the next few months. He plans to make a $2,500
down payment and has already saved $1,300. If he can save $150 each month for this goal
to buy a car, how long will it take him to save the entire $2,500?
Answers
critically discuss how career and study choices are influenced by the following socio-economic factor: availability of finances/affordability
Answers
Answer:
availability of financial/affordability
Explanation:
it's enables you to make more money for the growth of the community so we study it that way
Which of the following items have elastic demand? (Remember: items that are “wants” and/or have many substitutes tend to be elastic. Items that are “needs” and/or have few substitutes tend to be inelastic.) Select all that apply.
Group of answer choices
Apple Juice
Jeans
Salt
Chicken
Gasoline
Insulin
Answers
The items that have elastic demand include A. Apple Juice, B. Jeans, and D. Chicken.
What is elastic demand?Elastic demand means that the demand for goods changes based on economic factors like income or price.
Goods with elastic demand usually have substitutes because they are wants and not needs.
Thus the items that have elastic demand include A. Apple Juice, B. Jeans, and D. Chicken.
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Eurodollars are
A. Canadian dollars deposited in foreign banks.
B. foreign dollars deposited in Canadian banks.
C. investments of common market countries.
D. none of the other answers are correct
Answers
Option (b), Eurodollars are foreign dollars deposited in foreign banks.
Eurodollars refer to the United States dollars that are deposited in foreign banks outside of the USA. The name was derived from the large deposits of dollars held in banks in Europe. This helps to explain the name Eurodollars.
In the late 1950s, Eurodollars emerged as a response to foreign firms attempting to get around US-imposed capital controls. Instead of depositing dollars in the US, European banks started to hold US dollars in offshore accounts. As a result, the term "Eurodollars" was created. Eurodollars are crucial to global finance since they facilitate international transactions without needing to go through US financial systems. Because of the greater competition for deposits among banks abroad, Eurodollar deposits often pay a slightly higher interest rate than domestic deposits, which could result in higher yields for investors.
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A group of individuals from the same business sector who try to persuade politicians to
pass favorable economic laws for them are known as
Answers
Answer:
Lobby
Explanation:
The term lobby refers to a group of people who band together and try to influence people in public office and politicians.
how has the right to education addressed to differently able persons?How far is it appropriate to keep such provision with view of justice?Present your logics.
Answers
Answer:
,
Explanation:
i think this is answer right
______ Is a market in which a large number of suppliers compete with each other to satisfy the needs and wants of a large numbers of consumers at a competitive price.???
Answers
Answer : Monopolistic competition
Answer:
Monopolistic Competition
Explanation:
In a monopolistic competitive market, there are large numbers of sellers who do not sell identical products instead they sell differential products. They compete with each other at a competitive price. The products could be differentiated in many ways including quality, style, location and even brand name. Since they compete at a competitive price, if there is a substantial rise in the price of any of the products, the buyers could quickly shift from one product to another. The most crucial factor behind product differentiation is because of geographical factors. Under a monopolistic competitive market, the sellers do not have any influence over customer loyalty and limited control over the price.
Who sets the price in a monopolistic competition?
Producers and consumers
Consumers only
Government
Producers only
Answers
Answer:
Consumers and producers
Explanation:
so A on edg 2021
The Producers and consumers set the price in a monopolistic competition.
What is a monopolistic competition?This is a competition that occurs in the market place due to the fact that there are a lot of firms offering similar products that are not identical.
In this type of market the price setting is done by those that consume the products and the product makers.
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