Sales of woollen clothing usually increase during the winter season and decline thereafter. This is an example of ________ demand
A) irregular
B) declining
C) impulse
D) latent
E) negative
A
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Each year for the next 10 years, Carmen Lector will deposit $4,000 into an investment fund that pays 10% compounded annually
a. How much will Carmen have at the end of 10 years if the first of 10 deposits are made at the end of each year? b. How much will Carmen have at the end of 10 years if the first of 10 deposits are made at the beginning of each year? What will be an ideal response?
JKL Company had the following shareholders' equity section at December 31, 2011:
Preferred stock, $100 par, 8% cumulative $1,250,000 Common stock, $2 par value 800,000 Paid-in capital in excess of par, common stock 3,500,000 Retained earnings 3,167,000 Treasury stock (25,000 shares at cost) (300,000 ) Total $8,417,000 1. How many shares of preferred stock are outstanding? 2. What is the total amount received from issuing common stock? 3. How many shares of common stock are issued? 4. What was the average selling price of a share of common stock? 5. If $160,000 of dividends were declared and no dividends were in arrears, how much of that amount would go to the preferred shareholders? 6. If $160,000 of dividends were declared and no dividends were in arrears, how much of that amount would go to the common shareholders? 7. How many shares of common stock are outstanding? 8. If $160,000 of dividends were declared and no dividends were in arrears, how much is the dividend per common share? What will be an ideal response?