The WaterGlove Corporation issues ________ preferred stock that requires the payment of a quarterly dividend of $5.00 per share. The WaterGlove Corporation falls behind with four quarterly payments, i.e., $20.00 per share of preferred stock. The next quarter, the corporation makes a profit of $25.00 per share. The corporation must pay the $20.00 per share of arrearages to the preferred shareholders plus this quarter's payment of $5.00 per share.
Answer: Cumulative
Explanation:
Cumulative preferred shares are a type of share that calls for dividends owed on the share to always be paid to the holder. If the company goes through a period where they are unable to pay the holder, the dividends will accrue until such a time as the company is able to pay.
This is the case here. WaterGlove was unable to pay the dividends in the past year and so now that they are able to, they must pay the dividends that are owed as well as the current one because no dividend will be foregone. They must all be paid.
The method that allows information from different tables to be combined onto the same sheet can be completed by developing a ______ .
Answer:
I believe its style sheet
Explanation:
The FINRA suitability rule requires all of the following EXCEPT: A Before a product or strategy can be recommended, a reasonable basis suitability determination must be completed, evaluating the investment's features, returns, costs and risks B Before a product or strategy can be recommended to a customer, it must be determined that the investment is suitable, based on that client's new account profile C Before a product or strategy can be recommended to a customer, it must be determined that the customer has the ability to meet the financial commitment required by the recommendation D Before a product or strategy can be recommended, the registered representative must understand and be able protect the client against the product's inherent risks
Answer: D. Before a product or strategy can be recommended, the registered representative must understand and be able protect the client against the product's inherent risks
Explanation:
There are some reviews with regards to FINRA suitability determinations whihc include:
• Reasonable Basis Suitability: This implies that after there has been a review of the returns, risks and costs of a product, the ones that has the best combination should be recommended.
Also, before a product can be recommended to a customer, the customer must be able to meet the financial commitment. The statement that "Before a product or strategy can be recommended, the registered representative must understand and be able protect the client against the product's inherent risks" is incorrect.
Consider a simple economy that produces two goods: cupcakes and oranges. The following table shows the prices and quantities of the goods over a three-year period.
Use the information from the preceding table to fill in the following table.
Answer:
Nominal GDP
= (Price of cupcakes in year * quantity of cupcakes in year) + (Price of oranges in year * quantity of oranges in year)
2018
= (2 * 125) + (3 * 155)
= $715
2019
= (4 * 135) + ( 3 * 210)
= $1,170
2020
= (2 * 125) + (3 * 165)
= $745
Real GDP using 2018 as base year:
= (Price of cupcakes in 2018 * quantity of cupcakes in year) + (Price of oranges in 2018 * quantity of oranges in year)
2018
= (2 * 125) + (3 * 155)
= $715
2019
= (2 * 135) + (3 * 210)
= $900
2020
= (2 * 125) + (3 * 165)
= $745
GDP Deflator
= Nominal GDP in year / Real GDP in year * 100
2018
= 715/715 * 100
= 100
2019
= 1,170 / 900
= 130
2020
= 745/745 * 100
= 100
A new customer wishes to open an options account with your firm. All of the following procedures are required prior to the first trade EXCEPT the: A customer must complete an Options Agreement B Registered Options Principal must approve the account before the first trade C customer must be sent an Options Disclosure Document D new account form must be completed
Answer:
customer must complete an Options Agreement
Explanation:
Options account can be regarded as
brokerage account which is been
approved for the sake of buying and selling options.To Open an option account an investor must be able to complete an option agreement, then collect a brochure that gives description of the risks of trading a standardized options.Options can be regarded as derivative product that give room to investors in speculating on as well as hedge against volatility that could come from underlying stock.
It should be noted that when a new customer wishes to open an options account with a firm, the following procedures are required prior to the first trade ;
1)new account form must be completed
2)customer must be sent an Options Disclosure Document
3)Registered Options Principal must approve the account before the first trade
A customer wishes to give a gift of securities to her nephew under the Uniform Gifts To Minors Act. When the minor reaches legal age in that state, the: A custodian can continue in that capacity with the express permission of the minor B account must be transferred into the name of the minor C account must be liquidated and the proceeds paid to the new adult D custodian must pay the minor the highest market value that the account has had over its life
Answer:
account must be transferred into the name of that minor
Explanation:
The Uniform Gift to Minors Act was enacted in 1956 and revised in 1966 and allows people to transfer assets to underage beneficiaries.
Usually parents or relatives to their underaged wards.
In the given scenario where a customer wishes to give a gift of securities to her nephew, when the minor reaches legal age in that state the account must be transferred into the name of that minor.
This will allow the minor to now have full access to the assets.
An American marketing research company wanted to use a survey to determine if it was feasible to build shopping centers in several countries. Since all of the countries spoke a different language, the company used two translators for each country—one to translate it into the native language, and one to translate it back into English. The original document was revised repeatedly until the translated version matched it in meaning. This describes the process of
Answer:
decentering
Explanation:
From the question we are informed about An American marketing research company who wanted to use a survey to determine if it was feasible to build shopping centers in several countries. Since all of the countries spoke a different language, the company used two translators for each country—one to translate it into the native language, and one to translate it back into English. The original document was revised repeatedly until the translated version matched it in meaning. This describes the process of decentering.
Decentering can be regarded as a central change strategy which involves Mindfulness-Based Cognitive Therapy, it entails a process of stepping outside of mental events of individuals which could leads to non-judging stance as well as objective towards the self
The capital gains (losses) netting process for taxpayers without 25 or 28 percent capital gains requires them to (1) net short-term gains and losses, (2) net long-term gains and losses, and (3) net the outcome of steps (1) and (2) if they are of similar sign. Group startsTrue or FalseTrue, unselectedFalse, unselected
Answer:
False
Explanation:
Capital gains and losses netting will have no effect on tax payable. The individual impact on tax will be same as of netting the gains and losses. The net outcome of the tax will be remain un impacted.
MSRB rules allow all of the following when selling a new issue of municipal bonds EXCEPT: A providing a customer with a Preliminary Official Statement if the Final Official Statement is not yet available B disclosing order priority provisions upon the request of customers C orally agreeing to repurchase the bonds at an agreed price D not disclosing the spread on reofferings of competitively bid issues
Answer: C. orally agreeing to repurchase the bonds at an agreed price
Explanation:
The Municipal Securities Rulemaking Board (MSRB) is responsible for making rules relating to the purchasing and sale of municipal bonds. When it comes to the selling of new municipal bond issues, some of those rules include:
a. Customers should be provided with a preliminary official statement in lieu of a final official statement should that not be available.
b. The order priority provisions of the issue should be disclosed to the customer on request.
c. The spread on reofferings of competitive bid issues must not be disclosed.
Option C is not a rule that must be followed and so is the correct answer.
A small pharmaceutical company was faced with a crisis when a manufacturing defect altered one of its drugs and led to serious health complications in those who took the drug. The company was unprepared to handle this situation and the backlash it received from consumers. What type of plan would have prepared this company to better deal with such a situation
Answer: contingency plan
Explanation:
Contingency plan refers to a plan that's devised for an outcome which is different from the usual and expected plan. Contingency plan is used for risk management.
The purpose of a contingency plan is to enable a business go back to its normal daily operations in case of an unforeseen event. Based on the question, a contingency plan would have prepared this company to better deal with such a situation.
The following are major factors in multinational cost of capital except: Group of answer choices Extent of international diversification of firm. Access to international capital markets. Size of the firm. Exposure to country risk. Exposure to credit risk or interest rate risk.
Answer:
Exposure to credit risk or interest rate risk.
Explanation:
Cost of capital refers to the average cost of equity and debt and this provides an insight into the capital structure of the company. Major factors affecting the cost of capital include;
a. The extent of international diversification: This will impact the possibility of the firm going bankrupt.
b. Access to international capital markets: These multinational companies have more access to reduced costs that stem from foreign financial support.
c. Size of the firm: The larger size of the firms will make these firms get more considerations from creditors.
d. Exposure to country risk: The risk of expansion also might lead to bankruptcy if things are not properly managed.
Between 2003 and 2005, there was huge growth in the market for premium blue jeans priced at $200 or more per pair. Popular magazines showing celebrities wearing certain brands largely fueled the growth. Then, in the summer of 2005, major department stores started cutting prices on the jeans; they were also found on websites that offer jeans at discount prices. Use the economic concepts that you learned to describe what is happening in this market.
Answer:
Following are the solution to the given question:
Explanation:
Huge demand increase inside the Blue Jeans market led to rising costs between 2003 and 2005. The contour of desire went right.
With pricing just above the previous level, the producers are motivated to create more and therefore to increase the demand side and shift its supply curve to the right.
Greater amounts supplied produced a surplus in blue jeans that could only be sold if the prices decreased to attract buyers (the supply side), creating a new balance at a clean cost.
Why would it be a bad thing for workers (especially children) to be doing double the work during their shifts? (Think baout trying to manage two machines at one time)
Answer:
Double work can lead to the body developing a lot of health related problems due to the stress placed on it. These problems are not only bad for the workers themselves but also for the company hiring them.
Some of the health problems that may arise include:
Diabetes Increased risk of heart diseaseHigh blood pressure Depression Sleep deprivation FatigueThese problems can affect both children and adults and so double shifting should be discouraged.
As a result of these health problems, the employer may be affected by:
Absenteeism - Workers will not show up for work in order to recuperate and this will reduce the firm's productivity. Lack of concentration - sleep deprivation can lead to a lack of concentration which can lead to mistakes being made that could be costly to the company. High staff turnover - people will leave the company to avoid the stress of working double shifts and the company would have to keep spending on training new employees who will take time to learn the tricks of the trade thereby costing the company more.give 5 numbers smaller than -2 and 5 numbers bigger than -2
An elderly customer has gifted stock from her brokerage account to her four children every year for the last 20 years, with the gift amount set at the annual IRS gift tax exclusion amount. You receive a phone call from the customer's oldest daughter stating that her mother is suffering from advanced dementia and has been moved to a long-term care facility. She instructs you to make the annual stock gift distributions to herself and her siblings. You should: A follow the daughter's instructions because the eldest adult child has automatic power of attorney over a parent's account under common law if the parent becomes mentally incompetent B follow the daughter's instructions only if she can produce a durable power of attorney that was signed by her mother C follow the daughter's instructions because there is an established 20-year pattern of giving stock gifts from the mother's account to her children D not follow the daughter's instructions under any circumstances and only take direction from the mother because the mother is still living
Answer:
The answer is "Choice B"
Explanation:
In this case, choice b is right because only when she can offer a permanent power of attorney authorized from her mother, would she also obey the daughter's instructions. Throughout this situation, we can do nothing which the daughter demands unless this develops a lasting enforcement power that the mother signs.
Henry, Bekah, and Marcella are on the five-member Benefits Task Force that is researching options for the new benefits package. Over lunch, Henry suggests that going with the Members' Choice HMO is the best course of action, and Bekah and Marcella agree with Henry for the sake of unanimity, without ever researching and accurately assessing the decision. Henry, Bekah, and Marcella are engaged in Group of answer choices heuristics. the Delphi technique. goal displacement. groupthink. group marketing.
People often have different views or opinions. Henry, Bekah, and Marcella are engaged in groupthink.
Groupthink is simply known as the act or process that takes place when a group of people meet at a consensus even without critical reasoning or evaluation of the consequences of their suppose actions or alternatives.
This is often due to a common desire not to make others upset so as to balance a specific group of people and that is what Henry, Bekah, and Marcella are engaged in.
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The type of reasoning which the group of people in the given scenario are engaged in is known as:
D. GroupthinkGroupthink is the name which is given to the situation when a group of people come to a decision without engaging in critical thinking and logical analysis.
With this in mind, we can see that the group of friends in the given scenario just went along with the suggestion of Henry without making critical research and further thinking.
Therefore, the correct answer is option D
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A Rhode Island state statute requires machinery in industrial plants to include automatic shut-off switches accessible to each employee working on the machine. Steel Company’s equipment does not have the switches. Trudy, a Steel employee, suffers an injury that an accessible shut-off switch would have prevented. Trudy’s best theory for recovery is:
Answer:
negligence
Explanation:
From the question we are informed about A Rhode Island state statute requires machinery in industrial plants to include automatic shut-off switches accessible to each employee working on the machine. Steel Company’s equipment does not have the switches. Trudy, a Steel employee, suffers an injury that an accessible shut-off switch would have prevented. In this case, Trudy’s best theory for recovery is Negligence.
Negligence can be regarded as legal theory which is required to be proved first in a situation whereby you are holding a company responsible as regards harm that you have suffered for. Negligence theory let us understand that there should be a prove on four things in court. And they are ;
✓damages/harm
✓causation
✓duty
✓ breach
Coca-Cola has a variety of strategic business units (SBUs) in its beverage business. Glaceau Vitamin Water is in a high-growth market due to customer trends away from carbonated beverages. However, Coca-Cola has a low market share of the bottled water segment. Thus, Glaceau Vitamin Water would be classified as a _______ according to the Boston Consulting Group model.
Answer:
"Problem child" is the correct answer.
Explanation:
Throughout a highly expanding economy, but with a different business model, the compounds would be considered problematic children or questioning indentations.Glaceau water seems to be in a highly international audience with a large affinity to expansion. Nevertheless, throughout the plastic bottles category, Coca-Cola possesses a slow growth rate.Thus the above is the correct answer.
PLZ ANSWER ASAP!
Imagine you are on the other side of the playing field and you are the one interviewing someone for a job at your company. What are the top three things that you would look for or hope to hear the interviewee say? Why?
Which of the following is not a reason why infectious diseases like malaria and HIV/AIDS often hamper economic development? A. Life expectancy begins to rise. B. Caregivers lose time at work. C. More tax dollars are shifted to health care. D. People have difficulty working and earning income. Please select the best answer from the choices provided. A B C D
Life expectancy begins to rise is not a reason why infectious diseases like malaria and HIV/AIDS often hamper economic development. Option A
Infectious diseases like malaria and HIV/AIDS often hamper economic development due to various reasons, but life expectancy beginning to rise is not one of them. The other options, B) Caregivers lose time at work, C) More tax dollars are shifted to health care, and D) People have difficulty working and earning income, are valid reasons.
B) Caregivers lose time at work: Infectious diseases require care and support, and often family members or individuals themselves must take time off from work to provide care. This results in productivity loss and decreased income.
C) More tax dollars are shifted to health care: Governments need to allocate a significant portion of their budget to address the healthcare needs caused by infectious diseases. This diverts resources that could otherwise be used for other developmental activities such as education, infrastructure, or social programs.
D) People have difficulty working and earning income: Infectious diseases can cause significant morbidity, leading to individuals being unable to work or being less productive. This reduces overall productivity and income generation, both at the individual and societal levels. Option A
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According to the factor price equalization theorem, if country B is labor abundant, then if country B initiates trade with country A Group of answer choices wages should rise and rents should fall in A. wages should fall and rents should rise in A. wages and rents should fall in A. rents and rents should rise in A.
Answer:
wages should rise and rents should fall in A
Explanation:
The Factor Price Equalisation Theory states that when two countries trade, the price of identical factors of production will tend to be equalised across the countries. Factors of production include wage rate and rent of capital.
So if a country that is labour abundant trades with another country A there will be tendency for exportation of the excess labour of country B to country A.
As a result country A will become more labour intensive and wages of workers will rise since focus is more on use of labour.
However since less capital will now be used the money spent on renting capital will reduce.
A business receives $5 000 for Rent
Revenue and deposits this amount into its
Bank account. How will this transaction
be recorded?
Answer: Dr Bank $5 000; Cr Rent Revenue $ 5 000
Explanation:
From the information given in the question, we are informed that a business receives $5 000 for Rent
Revenue and deposits this amount into its bank account, this transaction will be recorded thus:
Debit Bank $5000
Credit Rent Revenue $5000
The correct journal entry is written above with regards to the transaction.
Explain why profit maximization is more important than utility maximization for a business
Answer:
Generally, the profit maximization is held important goal for a company because of various reasons; 1) When profit is maximized there is a high revenue which can be used for business expansion. Profit maximization is the core goal of every business that can be considered to be an objective of financial management.
Explanation:
.
When a product reaches the decline stage of the product life cycle, a firm has two choices. One choice involves product deletion, where a product is dropped from the firm's product line. Another less drastic choice is to retain the product in the product line, but to reduce marketing costs. When this option, called __________, is selected, advertising expenditures for the product are reduced and salespeople do not devote their efforts to selling the product.
Answer:
harvesting
Explanation:
In the case when the product reached the decline stage so the firm would have the two options. The one option contains that the product is dropped from the product line of the firm and the other one is to continue with the product in the product line. so the second option we called as harvesting where the advertising expenditure could be reduced in which the company could able to gain maximum profit at the declining stage for any sales left
A perpetual inventory system will always give updated balances for: A. Goods Available for Sale and Sales Revenue. B. Inventory and Sales Revenue. C. Inventory and Cost of Goods Sold. D. Accounts Receivable and Inventory.
Answer:
The correct option is C. Inventory and Cost of Goods Sold.
Explanation:
A perpetual inventory system is a type of inventory management that tracks real-time stock receipts and sales using technology such as enterprise asset management software and computerized point-of-sale systems.
In a perpetual inventory system, the balances of Merchandise Inventory and Cost of Goods Sold are updated whenever a sale occurs.
Therefore, the correct option is C. Inventory and Cost of Goods Sold.
The general ledger can be used to determine which of the following (select all answers which apply): Multiple select question. which accounts are being used by a company and their balances at any given time. common and unique accounts used by a business. increases and decreases in all accounts in a business. a complete record of each transaction in one account.
Answer:
✓which accounts are being used by a company and their balances at any given time.
✓common and unique accounts used by a business.
✓increases and decreases in all accounts in a business.
Explanation:
In domain of bookkeeping, General ledger can be regarded as nominal ledger, which is bookkeeping ledger in which accounting data is been posted from journals as well as subledgers. The subledgers could be cash management, purchasing and projects, accounts payable and accounts receivable as well as fixed assets. It should be noted that general ledger can be used to determine;
✓increases and decreases in all accounts in a business.
✓which accounts are being used by a company and their balances at any given time.
✓common and unique accounts used by a business.
The general ledger can be used to determine:
which accounts are being used by a company and their balances at any given time.the common and unique accounts used by a businessan increases and decreases in all accounts in a business.In accounting, a general ledger refers to a record that entails all financial transaction of a firm that provide an accurate entries for financial statements.
Hence, the general ledger can be used to determine which accounts are being used by a company and their balances at any given time, the common and unique accounts used by a business and an increases and decreases in all accounts in a business.
Therefore, the Option A, B and C is correct.
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When you lease a car, you never have to worry about the number of miles you drive
True or false
Answer:
False
Explanation:
Generally, a lease limits the number of miles allowable to drive in a year, which is between 12,000 and 15,000 miles. Exceeding the lease limit will result in large charges that may be up to several thousands of dollars
Therefore, it is important to be cautious on the amount of driving done when a car is leased and if needed, more miles can be pre-purchased before the lease agreement is signed
Define the terms e-business and e-commerce and explain the difference. What is the key factor in determining if a transaction is "commerce"?
Answer: They both make use of the internet but what makes them different is that in e-commerce transactions are limited, while in e-business transactions are not limited.
Explanation:
E-commerce could be defined as carrying out online commercial activities or transactions by the use of internet.
While E- business is defined as carrying out all business activities online.
They both make use of the internet but what makes them different is that in e-commerce transactions are limited, while in e-business transactions are not limited.
A transaction is commerce once there is a buying and selling exchange.
What's is an example of decision making in college
Answer:
Choosing the correct program, using college resources, attending your classes, and doing well in assignments and exams.
PLEASE HELP
2 6.1.2 Exam: Exam
A.
Question 1 of 40
Which of the following is an example of internal compliance?
O A. A publishing company prevents its employees from using office
computers for personal use.
O B. An accounting firm adheres to the Sarbanes-Oxley Act to prevent
fraud.
O c. A hospital's staff members participate in state-mandated training
sessions every year.
D. A fast food restaurant follows Department of Agriculture
regulations for food preparation.
SUBMIT
The correct answer is A. A publisher prevents its employees from using office computers for personal use.
Explanation
Internal compliance is a set of strategic internal rules and measures focused on employee behavior and ethics. This internal Compliance was obtained with the aim of improving business practices aimed at raising the quality level of results, goals, and objectives. According to the above, the correct answer is "A. publisher prevents its employees from using office computers for personal use." because this is an example of a business rule that pre-empted the misuse of company equipment preventing its employees from using it for purposes other than corporate ones.
