KR
Kathleen Rideout
Answers (6)
KR
Answered
A primary objective of most benefits programs is to increase turnover.
On Jul 13, 2024
False
KR
Answered
Alpha-Omega Industries has 30,000 shares of $12 par common stock and 15,000 shares of $50 par, 5% preferred stock outstanding. Total dividends available are $162,000. Compute the dividends to be distributed to preferred and common stockholders under the following condition.
The preferred stock is participating and non-cumulative with no dividends distributed last year.
The preferred stock is participating and non-cumulative with no dividends distributed last year.
On Jul 12, 2024
Dividend for Preferred Stock: $50 par × 5% × 15,000 shares = $37,500
Dividend for Common Stock: $12 par × 5% × 30,000 shares = $18,000
Preferred total par = $50 par × 15,000 shares = $750,000
Common total par = $12 par × 30,000 shares = $360,000
Remainder of dividend: $162,000 - ($37,500 + $18,000) = $106,500
Preferred: $750,000/$1,110,000 × $106,500 = $71,959.46
Common: $360,000/$1,110,000 × $106,500 = $34,540.54
TOTAL Preferred: $37,500 + $71,959.46 = $109,459.46
TOTAL Common: $18,000 + $34,540.54 = $52,540.54
Dividend for Common Stock: $12 par × 5% × 30,000 shares = $18,000
Preferred total par = $50 par × 15,000 shares = $750,000
Common total par = $12 par × 30,000 shares = $360,000
Remainder of dividend: $162,000 - ($37,500 + $18,000) = $106,500
Preferred: $750,000/$1,110,000 × $106,500 = $71,959.46
Common: $360,000/$1,110,000 × $106,500 = $34,540.54
TOTAL Preferred: $37,500 + $71,959.46 = $109,459.46
TOTAL Common: $18,000 + $34,540.54 = $52,540.54
KR
Answered
The __________ principle, as defined by Henri Fayol, states that there should be a clear and unbroken line of communication from top to bottom in the organisation's hierarchy of authority.
A) Hawthorne
B) communication control
C) unity of direction
D) unity of command
E) scalar chain
A) Hawthorne
B) communication control
C) unity of direction
D) unity of command
E) scalar chain
On Jun 13, 2024
E
KR
Answered
Blaine Company had these transactions pertaining to stock investments: Feb. 1 Purchased 2000 shares of Horton Company (10%) for $51000 cash.
June 1 Received cash dividends of $2 per share on Horton stock.
Oct.1 Sold 1200 shares of Horton stock for $32400.
The entry to record the purchase of the Horton stock would include a
A) debit to Stock Investments for $45900.
B) credit to Cash for $45900.
C) debit to Stock Investments for $51000.
D) debit to Investment Expense for $5100.
June 1 Received cash dividends of $2 per share on Horton stock.
Oct.1 Sold 1200 shares of Horton stock for $32400.
The entry to record the purchase of the Horton stock would include a
A) debit to Stock Investments for $45900.
B) credit to Cash for $45900.
C) debit to Stock Investments for $51000.
D) debit to Investment Expense for $5100.
On Jun 12, 2024
C
KR
Answered
Which flow of communication direction sends messages from the lower levels of the organizational hierarchy to the higher levels?
A) lateral
B) horizontal
C) downward
D) upward
A) lateral
B) horizontal
C) downward
D) upward
On May 14, 2024
D
KR
Answered
Olivia is working with a small group of five coworkers put together by their CEO, Ben. They have been instructed to take care of an inequality in their manufacturing plant. Olivia and her team have the authority to make decisions by themselves without the approval of Ben. Olivia is working in ______.
A) a virtual team and a problem-solving team
B) a cross-functional team
C) both a self-managing team and a virtual team
D) both a self-managing team and a problem-solving team
A) a virtual team and a problem-solving team
B) a cross-functional team
C) both a self-managing team and a virtual team
D) both a self-managing team and a problem-solving team
On May 13, 2024
D