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2 years ago

10. You are interested in renting an apartment for your sophomore year in college. You meet with

Business

1 answer:

Elina [12.6K]2 years ago

6 0

Answer:

the right answer is A; First month's rent

Explanation:

The lease includes duties and obligations for the two parties that comprise it, that is, that the lessor at the time of delivering the property to the lessee must be in good condition at the agreed date, and the lessee must pay the price within the stipulated term.

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York’s outstanding stock consists of 80,000 shares of cumulative 7.5% preferred stock with a $5 par value and also 200,000 share

7nadin3 [17]

Answer:

Dividend Each Year shall be

Year 2015 2016 2017 2018

Preference $20,000 $28,000 $42,000 $30,000

Equity $0 $0 $158,000 $320,000

Total Dividend

Preference = $120,000

Equity = $478,000

Explanation:

When the preference dividends are cumulative in nature the dividends shall be paid each year of the rate specified, in case not paid the, it is carried forward.

In the given case, preference dividend = 80,000 shares $\times$ $5 $\times$ 7.5% = $30,000

Thus, in 2015

Dividend to preference = $20,000

Dividend to Equity = $0

Also $30,000 - $20,000 = $10,000 shall be carried forward.

2016

Dividend to preference = $10,000 Arrears

Current year = $28,000 - $10,000 = $18,000

Carry forward = $30,000 - $18,000 = $12,000

Dividend to Equity = $0

2017

Dividend to preference = $12,000 Arrears

Current year = $30,000

Dividend to Equity = $200,000 - $30,000 - $12,000 = $158,000

2018

Dividend to preference = $30,000

Dividend to Equity = $350,000 - $30,000 = $320,000

4 0

2 years ago

The ending inventory of finished goods has a total cost of $9,000 and consists of 600 units. If the overhead applied to these go

Talja [164]

Answer:

direct material = $2,000

so correct answer is B. $2,000

Explanation:

given data

total cost = $9,000

consists = 600 units

overhead apply = $3,000

overhead rate = 75% of direct labor

solution

we get here Direct Labor that is

Direct Labor = $\frac{3000}{0.75}$

Direct Labor = $4000

and we apply here Total Cost that is

Total Cost = direct material + overhead + Direct Labor ..........1

put here value

$9,000 = direct material + $3,000 + $4,000

solve it we get

direct material = $2,000

so correct answer is B. $2,000

3 0

2 years ago

Caribbean Airlines has installed automated ticket machines in its major airport terminals that enable passengers to purchase tic

nalin [4]

Answer:

Contributor to quality and satisfaction

Explanation:

Service experiences are the results of interrelation between the customers and the organization respectively. Customer satisfaction is one of the basic requirement of any service provider. At some instances, customers play a very important role in achieving the satisfaction and the value of the service received. Also, they have roles in achieving quality and productivity while experiencing the service.

6 0

2 years ago

On January 2, 20X4, West Co. issued 9% bonds in the amount of $500,000, which mature on January 2, 20X24. The bonds were issued

ehidna [41]

Answer:

$470,425

Explanation:

The computation of the amount reported as bond payable is shown below:

Particulars Interest at 4.5% Interest at 5% Amortized UnAmortized CV

discount discount

Starting value $30,500 $469,500

($500,000 - $469,500)

June 30 $22,500 $23,475 $975 $29,525 $470,425

($500,000 × 4.5%) ($469500 × 5%)

The six months rate would be the half of the rates given in the question

5 0

2 years ago

Jumbo Shrimp Oxymorons, Inc. recently paid a dividend of $2.12 per share. The firm expects explosive growth of 20% over the next

dusya [7]

Answer:

Dividend

First year = $2.544

Second year = $3.053

Third year = $3.48

Fourth year = $3.97

Fifth year = $4.53

Sixth year =$5.16

Explanation:

As dividend is the share of earning distributed to the stockholders. The stockholders expects a good return from the company against their interst in the company. Company make a dividend policy and calculates the growth of dividend accordingly.

Dividend Paid = $2.12

Company expected 20% growth in next two years so,

Dividend First year = $2.12 x 120% = $2.544

Dividend Second year = $2.544 x 120% = $3.053

Dividend of following three years will grow at 14%

Dividend Third year = $3.053 x 114% = $3.48

Dividend Fourth year = $3.48 x 114% = $3.97

Dividend Fifth year = $3.97 x 114% = $4.53

After this it will grow 8% indefinitely

Dividend Sixth year = $4.53 x 114% = $5.16

4 0

2 years ago

Read 2 more answers