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Question - Andam Corporation has outstanding 60,000 shares of 5% preference shares with a P50 par value and 300,000 shares of P30 par ordinary shares. During the current year, the corporation declared and paid a total cash dividend of P900,000.
Required - For each of the following independent cases below, compute the total dividends to be received by each class of stock.
-The preference share is non-cumulative and non-participating
-The preference share is cumulative and non-participating with one-year dividends in arrears
-The preference share is non-cumulative and participating
-The preference share is cumulative and participating with no dividends in arrears
-The preference share is cumulative and participating with three years dividends in arrears
banner manufacturing inc.you are well aware of the importance of budgeting in managing a business enterprise
FIONA a management accountant describes a situation where a company was considering buying in services rather than employing its own staff - If more than 240 hours are requested next year, it would be worth continuing the in-house service.
Solve the average amount of time that an order for ZeroDirt will wait in line before it is processed (i.e., waiting time). Show your calculations.
Demonstrate will also necessarily achieve high profitability? Explain your answer. The senior management team has identified the strategic priorities.
If sales for October are 64,036, sales for November are 64,724, and sales for December are 74,832. What is the budgeted receivables balance on December
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Find what the ROI for Coretex would amount to? The current pretax income for Coretex is $75,000 (tax rate is 35%), with an average asset base
If the error is not corrected in the current year and is discovered by the auditors during the following year's audit, how will the error be reported in the company's financial statements?
Find What is budgeted production for august? To guard against stockouts,the company requires that 20% of the next month's sales be on hand at end of each month.
What problems might you encounter? What are the two techniques you could use to develop a rough estimate for each division's cost of capital?
Variable manufacturing overhead, $45; total fixed manufacturing overhead, $800,000. What is the cost per unit under both the variable and absorption methods?
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