Which of the following statements are examples of unstructured or strategic level decisions? (Check all that apply.)
Check All That Apply
Reordering inventoryReordering inventory
Deciding to enter a new marketDeciding to enter a new market
Creating the employee weekly staffing scheduleCreating the employee weekly staffing schedule
Creating the employee weekly production scheduleCreating the employee weekly production schedule
Deciding to enter a new industry over the next three yearsDeciding to enter a new industry over the next three years
Choosing to eliminate an entire product lineChoosing to eliminate an entire product line
Determining payroll issuesDetermining payroll issues

Answer:

i think its a

Explanation:

Answer: a. 0.1500  b. 0.0367

Explanation:

Let X is a random variable with a distribution that may be known or unknown:

\(\mu_x\) = the mean of X

\(\sigma_x\) = the standard deviation of X

If we draw random samples of size n, then the random samples contains sample means \(\overline{X}\), tends to be normally distributed

\(\overline{X}\sim N(\mu_x,\dfrac{\sigma_x}{\sqrt{n}})\)

Here, \(\mu_x\) = 75

\(\sigma_x\) =5

n=20

a.

\(P(76<\overline{X}<77)=P(\dfrac{76-75}{\dfrac{5}{\sqrt{20}}}<\dfrac{\overline{X}-\mu}{\dfrac{\sigma}{\sqrt{n}}}<\dfrac{77-75}{\dfrac{5}{\sqrt{20}}})\\\\=P(0.89<Z<1.79) \ \ [z=\dfrac{\overline{X}-\mu}{\dfrac{\sigma}{\sqrt{n}}}]\\\\=P(z<1.79)-P(z<0.89)\\\\=0.963273-0.813267=0.150006\approx0.1500\)

b.

\(P(\overline{X}>77)=P(\dfrac{\overline{X}-\mu}{\dfrac{\sigma}{\sqrt{n}}}>\dfrac{77-75}{\dfrac{5}{\sqrt{20}}})\\\\=P(Z>1.79) \ \ [z=\dfrac{\overline{X}-\mu}{\dfrac{\sigma}{\sqrt{n}}}]\\\\=1-P(z<1.79)\\\\=1-0.963273=0.036727\approx0.0367\)

Option (a), The action that a government would most likely take to lower its unemployment rate is to increase expenditure to generate government jobs.

Fiscal policy may lower unemployment by accelerating economic growth and total demand. The government will need to implement a broad budgetary policy, which calls for decreasing taxes and increasing general government spending.

To lower cyclical unemployment, policymakers should focus on raising output, which is best achieved by increasing demand. A fiscal strategy that is more expansive aims to increase government spending and decrease taxes in order to increase aggregate demand and economic growth.

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Answer:

1.Business objectives are the specific and measurable results companies hope to maintain as their organization grows. Entrepreneurs and business leaders must track performance in every part of their business to make sure they're moving in the right direction

Explanation:

Answer:

The answers are A, B, D, F

Answer:

the answer is A, B, D, F

Explanation:

i tried this answer and it was correct

Answer:

No, $59,200 shows only the change in the net cash not in the net income.

The beginning cash balance for the month is $26,600.

Explanation:

a. When the difference of the cash received that is $379,550 and cash paid that is $320,350 is taken it shows only the net change in the cash balance that is $59,200, irrespective of the net income, as this might or might not include some of the revenues or expenses which are in the cash form.

b. When the ending cash balance is $85,800, and the net cash changes is $59,200; then the beginning cash balance will the difference of the ending cash balance and the net cash changes; this will amount to $26,600.

During civil lawsuit proceedings regarding alcohol service, courts will try to determine if the designated driver was present and remained sober.

During civil lawsuit proceedings involving alcohol service, courts aim to establish whether a designated driver was present and this determination is crucial in cases where establishments or individuals are being held accountable for over-serving alcohol to a patron who later caused harm or injury due to impaired driving.

The court may consider various forms of evidence such as witness testimonies, surveillance footage, receipts indicating non-alcoholic purchases or the designated driver's own account of their sobriety. It  court may evaluate the credibility and reliability of the designated driver's actions and statements throughout the relevant time period.

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Public relations (PR) is the practice of managing the communication between an organization and its various stakeholders, including the community, customers, potential customers, employees, investors, and the media.

The goal of Public relations (PR) is to create and maintain a positive image of the organization in the eyes of its stakeholders, enhance its reputation, and build relationships with key stakeholders.

PR professionals use various tools and strategies, such as press releases, media outreach, events, and social media, to communicate the organization's message and engage with its audiences.

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Explanation:

conflict theory has been criticized for its focus on change and neglect of social stability

It overlooks that fact that many willingly accept society's rules is a criticism of conflict theory. Option A is the correct answer.

Conflict theory can be applied to various social issues, such as economic inequality, racial or ethnic tensions, gender disparities, and political struggles. Option A is the correct answer.

Conflict theory, a sociological perspective, focuses on the idea that society is shaped by conflict and power struggles between different social groups. While conflict theory emphasizes the role of power and social inequality in shaping society, it does not disregard the fact that many individuals willingly accept and abide by societal rules. According to conflict theory, power imbalances and social inequalities can lead to conflicts between dominant and subordinate groups. However, it does not deny that some individuals may willingly accept and conform to societal norms and rules, even if these norms and rules perpetuate inequality.

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The complete question is, "Which of the following is a criticism of conflict theory?

a. It overlooks that fact that many willingly accept society's rules.

b. It does not recognize the differences between social classes.

c. It fails to acknowledge social inequality.

d. It is unsympathetic to homelessness."

Due to numerous changes in the business environment, product management is a dynamic profession that is always changing.

Product management has been profoundly affected by technological advancements including artificial intelligence (AI), machine learning, the Internet of Things (IoT), and data analytics.

Agile and lean processes are replacing conventional product development techniques in the business. Customers' demands are always changing. Customers today want seamless, individualized, and user-centric experiences across several channels.

Businesses now place a high focus on being customer-centric. Product managers are supposed to represent the interests of users inside the organization, speak out for user demands, and match product strategy to user value.

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Answer:

Payback period= 4 years

Explanation:

The payback period is the estimated length of time in years it takes  

the net cash inflow from a project to equate the net cash the initial cost.

Where a project is expected to generate a series of equal annual net cash inflow, the payback period can be calculated as:

The initial invest /Net cash inflow per year

So the payback period for project X

= $534,000/133,500

= 4 years

Payback period= 4 years

1. Valmont Company should establish a selling price of $15,540 for the XP–200 using absorption cost-plus pricing.

2. The advantages mentioned are longer usage time, lower preventive maintenance costs, and lower electricity consumption.

3. If Valmont Company decides to use value-based pricing, they should consider the economic value provided to the customer and the pricing of the competitor's equipment.

4. Choosing between absorption cost-plus pricing and value-based pricing depends on various factors such as market competitiveness, customer perception, and profitability.

1. To calculate the selling price using absorption cost-plus pricing, we need to add a markup percentage to the absorption unit product cost. In this case, the absorption unit product cost is given as $8,400, and the markup percentage is 85%.

Markup = Markup percentage * Absorption unit product cost

Markup = 85% * $8,400

Markup = $7,140

Selling price = Absorption unit product cost + Markup

Selling price = $8,400 + $7,140

Selling price = $15,540

Therefore, Valmont Company should establish a selling price of $15,540 for the XP–200 using absorption cost-plus pricing.

2. To determine the economic value to the customer (EVC) over the XP–200's 20,000-hour life, we need to consider the advantages it offers compared to the competitor's equipment. The advantages mentioned are longer usage time, lower preventive maintenance costs, and lower electricity consumption.

EVC can be calculated by quantifying the monetary value of these advantages over the product's lifespan. Let's assume the following values:

Longer usage time: 5,000 additional hours compared to the competitor's equipment.

Lower preventive maintenance costs: $500 saved annually compared to the competitor's equipment.

Lower electricity consumption: $200 saved annually compared to the competitor's equipment.

EVC = (Additional usage time * Value per hour) + (Annual cost savings * Present value factor)

Using a discount rate of 10% and assuming the annual cost savings remain constant over the 20,000-hour life:

EVC = (5,000 hours * Value per hour) + ($500 * Present value factor) + ($200 * Present value factor) + ... (repeated for all 20 years)

3. If Valmont Company decides to use value-based pricing, they should consider the economic value provided to the customer and the pricing of the competitor's equipment. This involves determining a range of possible prices based on the additional value delivered by the XP–200 compared to the competitor's equipment.

To calculate the range of possible prices, you would need to assess the economic value of the XP–200 as determined in Question 2 and consider the pricing of the competitor's equipment. Without specific values and competitor pricing information, it's not possible to provide a precise range of prices.

However, Valmont Company should set the price within a range that captures a significant portion of the economic value delivered to the customer while remaining competitive in the market.

4. Choosing between absorption cost-plus pricing and value-based pricing depends on various factors such as market competitiveness, customer perception, and profitability. Here are some considerations for Valmont's managers:

Absorption cost-plus pricing:

Pros: This approach ensures that all costs, including fixed and variable costs, are covered. It provides a straightforward calculation for determining the selling price and ensures profitability.

Cons: It does not directly consider the economic value delivered to the customer or the pricing of the competitor's equipment. This approach may not reflect the true value of the XP–200 to customers, potentially leading to pricing that is not aligned with customer expectations or market conditions.

Value-based pricing:

Pros: This approach considers the economic value provided to the customer, allowing the price to be based on the perceived value rather than just the cost. It aligns the price with the customer's willingness to pay and can capture the full value delivered by the XP–200.

Cons: It may be more challenging to quantify and communicate the economic value to customers. Determining the optimal price range requires a thorough understanding of customer preferences, competitor pricing, and market dynamics.

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A company's financial transaction must be recorded as a journal entry, which includes a debit and a credit.

These journal entries are used to record the following transactions:

A. Purchase of raw materials on account: $3,000 - Debit Raw Materials Inventory $3,000; Credit Accounts Payable $3,000

B. Raw materials used by Job 1: $500 - Debit Work-in-Process Inventory $500; Credit Raw Materials Inventory $500

C. Raw materials used as indirect materials: $100 - Debit Manufacturing Overhead $100; Credit Raw Materials Inventory $100

D. Direct labor for Job 1: $300 - Debit Work-in-Process Inventory $300; Credit Wages Payable $300

E. Indirect labor incurred: $50 - Debit Manufacturing Overhead $50; Credit Wages Payable $50

F. Factory utilities incurred on account: $700 - Debit Manufacturing Overhead $700; Credit Accounts Payable $700

G. Adjusting entry for factory depreciation: $250 - Debit Manufacturing Overhead $250; Credit Accumulated Depreciation $250

H. Manufacturing overhead applied as a percent of direct labor: 200% - Debit Work-in-Process Inventory $600; Credit Manufacturing Overhead $600

I. Job 1 is transferred to finished goods - Debit Finished Goods Inventory $500; Credit Work-in-Process Inventory $500

J. Job 1 is sold: $3,000 - Debit Accounts Receivable $3,000; Credit Sales $3,000; Debit Cost of Goods Sold $500; Credit Finished Goods Inventory $500

K. Manufacturing overhead is over-applied: $100 - Debit Cost of Goods Sold $100; Credit Manufacturing Overhead $100

In conclusion, a journal entry records a financial transaction by debiting one account and crediting another account. When preparing a journal entry, it's important to ensure that the total of debits equals the total of credits.

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Answer:

Explanation:

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Answer:

What ghazaryanelen101 Said ↑↑↑↑

Explanation:

There could be several reasons why there is a lack of awareness and general knowledge about taxes among teens. One reason could be that taxes are not typically taught in schools, especially at the high school level. Another reason could be that teens may not have had any experience with earning income or paying taxes yet, so they may not see the relevance of learning about taxes. Additionally, taxes can be a complex and confusing topic, which can make it difficult for anyone, including teens, to understand. Finally, some teens may simply not be interested in learning about taxes until they are required to file their own tax returns.

One reason why there might be a lack of awareness and general knowledge about taxes among teens is that tax education is not typically taught in schools. Many schools do not offer personal finance or economics courses, and even when they do, the focus is often on basic concepts like budgeting and saving rather than complex topics like tax laws and regulations.

Another reason could be that teens may not have started earning enough income to be required to file taxes. As a result, they may not see taxes as relevant to their lives, and may not take the initiative to learn about the subject.

Additionally, the tax code can be complex and difficult to understand, even for adults. This complexity can make it challenging for teenagers to learn about taxes on their own, especially if they do not have access to resources like tax professionals or online educational materials.

a. The preparation of XYZ's Income Statement  for the year ended December 31, 2012 is as follows:

Net sales revenue                             $4,800,000

Cost of goods sold                             3,450,000

Gross profit                                       $1,350,000

Operating expenses      400,000

Depreciation expense    100,000        500,000

Operating income                            $850,000

Interest Expense                                  200,000

Income before taxes                         $650,000

Taxes (40% x $650,000)                   260,000

Net income                                       $390,000

b. The ending inventory balance of XYZ's 2012 is as follows:

Units = (Beginning inventory + Purchases - Sales)

= 2,000 beds (1,000 + 11,000 - 10,000)

Dollars = $700,000 (2,000 x $350).

Data and Calculations:

Units of beds sold = 10,000

Average price per unit = $500

Sales revenue = $5,000,000

Estimated returns and allowances = $200,000

The Net sales revenue is $4,800,000 ($5,000,000 - $200,000).

The Cost of goods sold is $3,450,000 (9,000 x $350 + 1,000 x $300).

The Ending inventory is $700,000 (2,000 units x $350).

Operating expenses = $400,000

Depreciation expense = $100,000

Interest expense = $200,000 ($2,000,000 x 10%)

Tax rate = 40%

Thus, the ending inventory balance of XYZ's 2012 is 2,000 beds, worth $700,000.

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Answer:

Personality

Explanation:

the combination of traits, which result from the interaction of your genes and your environment, they constitute your personality. 

The personality from the interaction of genes and environment.

It could involve anything from managing a team of people to swaying opinions and guiding an organization's development.

Whatever your personal definition of leadership may be, we can all agree on one thing: Great leaders regularly exhibit certain characteristics as opposed to mediocre ones.

Effective leaders play a critical role in ensuring that people are inspired, engaged, and properly prepared to provide their best work at all levels of a business.

Therefore, The personality from the interaction of genes and environment.

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The option that is not part of  reason why sellers usually allow customers to use bank (or third-party) credit cards is a. To be able to charge customers more due to fees and interest.

Credit cards  provide the line of credit so that the user can make purchases, balance transfers and/or cash advances.

However, the seller usually allow customers to use bank (or third-party) credit cards because it speeds up receipt of cash from the credit sale.

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Answer:

inner rites, rituals, heroes, and values of a firm. one's duty to do a job or perform a task is called.

Explanation:

A corporate culture is the shared values, beliefs, attitudes, and behaviors that exist within a company or organization.

Corporate culture is shaped by various factors, including the company's mission, vision, and core values, as well as its history, leadership style, and the behaviors exhibited by top management. It can also be influenced by the industry in which the organization operates, geographical location, and the composition of its workforce.

A positive corporate culture promotes teamwork, innovation, open communication, and a healthy work-life balance. On the other hand, a negative or toxic culture can lead to low morale, high turnover, and hinder the organization's overall success.

In conclusion, a corporate culture is the collective values, beliefs, attitudes, and behaviors that define an organization's identity and shape the working environment. It has a significant impact on employee engagement, productivity, and the overall success of the company.

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Answer:

A

Explanation:

Price elasticity of supply measures the responsiveness of quantity supplied to changes in price of the good.

Price elasticity of supply = percentage change in quantity supplied / percentage change in price

If the absolute value of price elasticity is greater than one, it means supply is elastic. Elastic supply means that quantity supplied is sensitive to price changes.  

Supply is inelastic if a small change in price has little or no effect on quantity supplied. The absolute value of elasticity would be less than one

The short run is a period where all  factors of production are fixed. In the short run, a firm would continue to produce if price is above average variable cost. If this is not the case, it would shut down

The long run is a period where all factors of production are varied. It is known as the planning time for a company

Supply is more elastic in the long run than in the short run because the producer can make adjustments in the long run

Answer:

A policy tells you what needs to be done

A rule is something you must do

Explanation:

The selling price per pound for onions to obtain a makeup rate of 180% based on cost is $2.0350.

Total Cost = Quantity * Cost per pound

Total Cost = 1,000 pounds * $0.11/pound

Total Cost = $110

Spoilage Quantity = 3% of Quantity

Spoilage Quantity = 3% of 1,000 pounds

Spoilage Quantity = 0.03 * 1,000 pounds

Spoilage Quantity = 30 pounds

Effective Quantity = Quantity - Spoilage Quantity

Effective Quantity = 1,000 pounds - 30 pounds

Effective Quantity = 970 pounds

Makeup Rate = 180%

Selling Price per pound:

= (Total Cost * Makeup Rate) / Effective Quantity

= ($110 * 1.80) / 970 pounds

= $2.03505/pound.

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The  income statement for the 2 months ended December 31, 2021 is $2,047.

Revenue:

Service revenue (A) 4,623

Operating expenses:

Add: Salaries and wages expense 1,046

Add: Utilities expense 130

Add: Advertising expense 170

Add: Supplies expense 1,065

Add: Depreciation expense 40

Add: Insurance expense 110

Total operating expenses (B) 2,561

Operating income (C = A - B) 2,062

(4,623-2,561)

Less: Interest expense 15

Net income $2,047

Inconclusion the  income statement for the 2 months ended December 31, 2021 is $2,047.

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An organization that will be analyzed in this context is Coca-Cola.1.1 Summary of the nature of the business:Coca-Cola is one of the most well-known beverage manufacturers in the world. They create fizzy drinks, juices, and water for a variety of markets.

Their drink portfolio includes more than 200 brands sold in over 200 countries.1.2 Summary of the business model:Coca-Cola Company follows a business model based on creating strong brands that generate significant customer demand.

Their main goal is to build and enhance brand equity. They engage in extensive advertising and promotion campaigns to attract more consumers.1.3 What are the key business drivers:Coca-Cola's essential business drivers are its brand, extensive distribution network, market reach, product innovation, customer satisfaction, and product differentiation.2.1 Nature of decision describing what decision needed to be made and why:The business decision that was taken by Coca-Cola was regarding the selection of the right marketing mix, which is a critical decision.

This allowed them to gain valuable insights into how the consumers perceive their products, which they could use to develop targeted marketing strategies. From a risk modeling perspective, the approach is beneficial because it allows the company to minimize the risks by identifying the issues that consumers may face with their products.3.1 Using the selected business decision from above, identify at least 5 risks that needed to be considered to make the same:1. Competition from other beverage manufacturers2. Consumer preferences and behavior3. Changes in market trends4. Fluctuating economic conditions

5. Changing health and safety regulations3.2 Using the risk register in the previous section, conduct a qualitative risk analysis for these 5 risks by proposing the probability of occurrence and impact for each risk:The following table shows the qualitative risk analysis for the five risks that were identified:RiskProbabilityImpactCompetitionMediumHighConsumer preferences and behaviorHighHighChanges in market trendsLowHighFluctuating economic conditionsHighMediumChanging health and safety regulationsLowMedium3.3 Using a matrix included in Appendix A, plot the risks on a heat map and explain what the map means:The risks were plotted on a heat map, as shown below:The heat map shows that the competition and consumer preferences risks have a higher probability of occurrence and impact, while the changes in market trends and health and safety regulations have a lower probability of occurrence and impact.4.1 Using the register derived in question 3.1, calculate the average impact (expected monetary value) using aggregation of static values:

The five possible expected monetary values are calculated by multiplying the probability of each risk and the range of possible impacts.RiskProbabilityImpactRange of possible impactsExpected Monetary ValueCompetitionMedium$2,000,000-$4,000,000$1,200,000Consumer preferences and behaviorHigh$3,000,000-$5,000,000$3,000,000Changes in market trendsLow$1,000,000-$3,000,000$300,000Fluctuating economic conditionsHigh$1,000,000-$2,000,000$1,200,000Changing health and safety regulationsLow$500,000-$1,000,000$50,000Total Expected Monetary Value$5,750,0005.2 Describe the result of this methodology using an appropriate diagram:The following diagram shows the possible expected monetary values for the five risks:5.3 Summarize what does this average impact value mean for the organization:

The average impact value means that the Coca-Cola Company could potentially lose an estimated $5,750,000 due to the five risks that were identified. This value represents the range of possible impacts that the company may face, given the probability of occurrence of each risk. The company can use this information to identify the risk mitigation strategies that are required to minimize the impact of these risks.

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Based on dividends that Jonathan received from qualified dividends and from foreign companies, the correct statement is that c)Jonathan will pay capital gains tax rates on $600; the remaining $2,900 will be taxed as ordinary income.

According to American tax law, when a person makes qualified dividends like Jonathan did in the form of $600, the dividends would be subject to taxes for net capital gains so Jonathan would have to pay capital gains tax on these.

The rest of the dividends which are $2,900 are then treated as normal income. These will then be taxed at Jonathan's normal federal tax bracket.

Options for this question include:

a. Only $700 will be taxable since the remaining dividends are reinvested.

b)Dividends from foreign companies can never be qualified dividends.

c)Jonathan will pay capital gains tax rates on $600; the remaining $2,900 will be taxed as ordinary income.

d)All dividends are taxable as ordinary income

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1. Based on the information provided, it is not possible to ascertain whether Nicholas is an unethical manager. However, Joseph’s account of the situation raises some red flags about Nicholas’ behavior.

2. The chosen ethical decision-making concept is fairness, which is one of the key ethical principles in business.

1. Based on the information provided, it is not possible to ascertain whether Nicholas is an unethical manager. However, Joseph’s account of the situation raises some red flags about Nicholas’ behavior. It appears that Nicholas did not take the time to review the contract or the team’s thoughts, but still took over the conversation with the supplier and changed the figures. This behavior could be seen as a violation of the ethical principle of fairness, which involves treating others in a reasonable, equitable, and impartial way. Nicholas’ actions suggest that he did not give due consideration to the team’s input or their efforts to finalize the contract, which could affect their working relationship and trust in him as their manager.

2. The chosen ethical decision-making concept is fairness, which is one of the key ethical principles in business. Fairness is based on the idea of treating all stakeholders equitably and impartially, taking into account their needs, interests, and perspectives. In this case study, Nicholas’ actions appear to violate the principle of fairness by disregarding the efforts of Joseph and his team to finalize the contract, and making unilateral changes without adequate review or discussion.

To analyze this situation using an analytical tool, we can use the Stakeholder Mapping tool, which helps to identify and categorize stakeholders based on their level of interest and power. In this tool, stakeholders are divided into four categories: High power/high interest, High power/low interest, Low power/high interest, and Low power/low interest. In this case, Joseph and his team are the stakeholders with high power and high interest in the situation, as they are responsible for finalizing the contract.

Using the Stakeholder Mapping tool, we can see that Nicholas’ actions have the potential to undermine the trust and collaboration of high power/high-interest stakeholders, who are critical to the success of the project. Specifically, his actions may cause frustration, resentment, and loss of confidence in his management ability. This could result in a breakdown of communication and cooperation, which would ultimately affect the team’s performance and the overall success of the project. Therefore, it is important for Nicholas to consider the perspectives and input of all stakeholders, including those with high power and high interest, when making decisions that affect them. By doing so, he can ensure that his decisions are ethical, fair, and aligned with the needs of all stakeholders.

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Answer:

I believe it is team standard

Explanation:

One way a group of people can become an effective team is to create team standards. These are essentially the rules that govern how the team works and behaves. To be effective, the team standards need to be set and agreed to by the team members and not dictated to them by a boss or manager.

Answer:

Dividend of preferred shares = No of shares * Dividend percent * Par value of shares = 2,000 * 7% * $50 = $7,000

Hence, dividend in arrears for the year 2019 and 2020 is $14,000 ($7,000+$7,000). Dividend for 2021 is $7,000

Description                                                                             Amount

Preferred dividend in arrear for the year 2019 and 2020  $14,000

Add: Preferred dividend for the year 2021                          $7,000

Total preferred dividend                                                       $21,000

Less: Total dividend                                                               $23,000

Dividend for common shareholder                                     ($2,000)

Hence, dividend paid for cumulative preferred share in the year 2021 is $21,000 and the amount paid for common shareholders is $2,000

How much will be paid to common stockholders is 2,000

Preferred dividends in arrears for 2019 and 2020 is 14,000

Preferred dividends for 2021 is 7,000

Total Dividends is 23,000

Preferred dividends for 2021

(2000 x .07 x $50)= 7,000

Dividend distribution

Preferred dividends for 2019 and 2020 $14,000

(7,000×2)

Preferred dividends for 2021 7,000

Remaining dividends for common stockholders 2,000

(23,000-14,000-7,000)

Total dividends 23,000

(14,000+7,000+2,000)

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