Willow Corporation has retained earnings of $320,000. It has 5,000 shares of 6 percent, $100 par value preferred stock outstanding that is callable at 102. The preferred stock is cumulative, and one year of dividends is in arrears. It also has 10,000 shares of $50 par value common stock outstanding. Assume all stock is issued at par. The book value of each share of common stock is
A) $78.00.
B) $110.40.
C) $81.60.
D) $80.00.
A
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Current implementation of the Human Relations model is represented by?
A) ?A company using quality control circles to solve work problems.
B) ?A company using time-motion studies to determine minimum task performance.
C) ?A company with its own employee exercise and recreation facilities.
D) ?A company that adapts its procedures to the culture and values of its employees.
Use the direct method to compute the total cash receipts from operating activities.
Wellington, Inc. uses the direct method to prepare its statement of cash flows. Refer to the following financial statement information for the year ended December 31, 2019:
A) $287,400
B) $294,500
C) $260,300
D) $296,100
On January 1, a machine costing $260,000 with a 6-year life and an estimated $5,000 salvage value was purchased. It was also estimated that the machine would produce 500,000 units during its life. The actual units produced during its first year of operation were 110,000. Determine the amount of depreciation expense for the first year under each of the following assumptions:1. The company uses the straight-line method of depreciation.2. The company uses the units-of-production method of depreciation.3. The company uses the double-declining-balance method of depreciation.
What will be an ideal response?
Three cultural factors that are important to effective communication include:
a. understanding the business communication in the other culture, knowledge of how business communication is taught in the other culture, and knowing that content errors are more difficult to discern than language errors. b. understanding the business communication in the other culture, knowing that syntactic errors are important, and a second language makes errors easier to detect. c. knowledge of how business communication is taught in the other culture, knowing that syntactic errors are important, and a second language makes errors easier to detect. d. knowing that content errors are more difficult to discern than language errors, understanding the business communication in the other culture, and a second language makes errors easier to detect.