The Channing Company earned $64,00 . last year. The capital stock of the company consists of $500,00 . of 8% preferred stock and $200,00 . of common stock. The directors declare a dividend of the entire earnings. Compute the total amount that will be paid to the holders of common stock
$24,000
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Distinguish between the two-tier and three-tier client server model. Describe when each would be used?
List the steps of the accounting cycle that take place during the period
What will be an ideal response
Customers at an amusement park arrive at the rate of 10 customers per hour. The entry booth is staffed by one employee. The mean service time at the booth to provide service to each customer is 5 min. The arrival rate follows a Poisson distribution, and the service time at the booth follows a negative exponential distribution. It is estimated that the cost of customer waiting time associated with dissatisfied customers and loss of goodwill is $15 per hour. The employee at the service booth is paid $10 an hour. Determine the total expected cost per day for the waiting line system. Assume total hours of operation as 10 hr per day.
A. $725 B. $625 C. $500 D. $100
A firm has an ROA of 14%, a debt/equity ratio of 0.8, a tax rate of 35%, and the interest rate on the debt is 10%. The firm's ROE is
A. 11.18%. B. 8.97%. C. 11.54%. D. 12.62%.