Maurice Tutor

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About Maurice Tutor

Levels Tought:
Elementary,Middle School,High School,College,University,PHD

Expertise:
Algebra,Applied Sciences See all
Algebra,Applied Sciences,Biology,Calculus,Chemistry,Economics,English,Essay writing,Geography,Geology,Health & Medical,Physics,Science Hide all
Teaching Since: May 2017
Last Sign in: 408 Weeks Ago
Questions Answered: 66690
Tutorials Posted: 66688

Education

  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

Experience

  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Management Posted 07 Jul 2017 My Price 14.00

stockholders' right

Your grade is below passing. You have another opportunity to earn a passing grade. Review the exam results, then retake the exam. Please keep in mind that you have 30 days to complete the retake and you will receive the higher of your 2 scores. If the retake is not completed within 30 days, then the score you received on this exam will be awarded.

Your answers will be on file for 30 days. Notify us within 30 days if you have questions about your test score. You can take your exams online.
Questions Answered Incorrectly
 
3. The following information applied to Advanced Industries, Inc. for 2014:

 

Earnings/share $17.68
Market price per share of common stock $52
Number of shares of common stock outstanding 52,000
Net income $48,000
Dividends/share $7.14

What is the dividend yield for Advanced Industries, Inc. (to the nearest tenth of a percent)?
A. 34.0%" checked="checked" disabled="disabled">A.34.0%
B. 92.3%" disabled="disabled">B.92.3%
C. 13.7%" disabled="disabled">C.13.7%
D. 40.4%" disabled="disabled">D.40.4%
Student Answer: A 
Answer: Incorrect
Reference: 
 
4. The stockholders' right of _______ means that stockholders will receive a proportionate share of any assets left after a company goes out of business.
A. preemption" disabled="disabled">A.preemption
B. voting" disabled="disabled">B.voting
C. dividends" checked="checked" disabled="disabled">C.dividends
D. liquidation" disabled="disabled">D.liquidation
Student Answer: C 
Answer: Incorrect
Reference: 
 
5. Hanna Industries has an inventory turnover of 112 days, an accounts payable turnover of 73 days, and an accounts receivable turnover of 82 days. Hanna's cash conversion cycle is
A. 43 days." disabled="disabled">A.43 days.
B. 9 days." checked="checked" disabled="disabled">B.9 days.
C. 121 days." disabled="disabled">C.121 days.
D. 103 days." disabled="disabled">D.103 days.
Student Answer: B 
Answer: Incorrect
Reference: 
 
7. Hallett Industries, Inc. reported net sales of $306,000, cost of goods sold of $192,600, operating expenses of $58,900, and income tax expense of 12,300. What is Hallett Industries' net income percentage?
A. 17.81" checked="checked" disabled="disabled">A.17.81
B. 37.06" disabled="disabled">B.37.06
C. 13.79" disabled="disabled">C.13.79
D. 62.94" disabled="disabled">D.62.94
Student Answer: A 
Answer: Incorrect
Reference: 
 
8. Galaxy Donuts has a cash conversion cycle of _______ days, which is a very healthy turnover rate.
A. 90" checked="checked" disabled="disabled">A.90
B. 60" disabled="disabled">B.60
C. 120" disabled="disabled">C.120
D. 30" disabled="disabled">D.30
Student Answer: A 
Answer: Incorrect
Reference: 
 
9. The Coulter Corporation Stockholders' Equity section includes the following information:

 

Preferred Stock $12,000
Paid-in Capital in Excess of Par-Preferred $2,700
Common Stock $15,000
Paid-in Capital in Excess of Par-Common $4,100
Retained Earnings $8,200

What is the total selling price of the common stock?
A. $14,700" disabled="disabled">A.$14,700
B. $27,300" checked="checked" disabled="disabled">B.$27,300
C. $19,100" disabled="disabled">C.$19,100
D. $15,000" disabled="disabled">D.$15,000
Student Answer: B 
Answer: Incorrect
Reference: 
 
10. Of the following, which is not classified as an investing activity on the statement of cash flows?
A. Selling goods and services" disabled="disabled">A.Selling goods and services
B. Sale of equipment for cash" checked="checked" disabled="disabled">B.Sale of equipment for cash
C. Purchasing land" disabled="disabled">C.Purchasing land
D. Collecting the principal on loans" disabled="disabled">D.Collecting the principal on loans
Student Answer: B 
Answer: Incorrect
Reference: 
 
11. On the income statement, extraordinary items are reported
A. before the operating income section." disabled="disabled">A.before the operating income section.
B. net of income tax or net of income tax savings." disabled="disabled">B.net of income tax or net of income tax savings.
C. immediately before the discontinued operations section." checked="checked" disabled="disabled">C.immediately before the discontinued operations section.
D. immediately after the continuing operations section." disabled="disabled">D.immediately after the continuing operations section.
Student Answer: C 
Answer: Incorrect
Reference: 
 
14. When a company sells off part of its business, this transaction is reported in a/ the
A. extraordinary items section." disabled="disabled">A.extraordinary items section.
B. discontinued operations section." disabled="disabled">B.discontinued operations section.
C. retrospective application." checked="checked" disabled="disabled">C.retrospective application.
D. continuing operations section." disabled="disabled">D.continuing operations section.
Student Answer: C 
Answer: Incorrect
Reference: 
 
17. Which is not included in paid-in capital?
A. Additional Paid-in Capital" disabled="disabled">A.Additional Paid-in Capital
B. Preferred Stock" disabled="disabled">B.Preferred Stock
C. Cash" disabled="disabled">C.Cash
D. Common Stock" checked="checked" disabled="disabled">D.Common Stock
Student Answer: D 
Answer: Incorrect
Reference: 
 
18. A company has current assets of $70,000, quick assets of $30,000, total assets of $150,000, current liabilities of $50,000, and net sales of $80,000. What is the current ratio of this company?
A. 1.00" disabled="disabled">A.1.00
B. 0.20" disabled="disabled">B.0.20
C. 3.00" checked="checked" disabled="disabled">C.3.00
D. 1.40" disabled="disabled">D.1.40
Student Answer: C 
Answer: Incorrect
Reference: 
 
20. R&R Heating, Inc. has 350,000 shares of $3-par common stock outstanding. They have declared a 5% stock dividend. The current market price of the common stock is $7.50 per share. The amount that will be credited to common stock on the date of declaration is
A. $78,750." disabled="disabled">A.$78,750.
B. $131,250." disabled="disabled">B.$131,250.
C. $183,750." checked="checked" disabled="disabled">C.$183,750.
D. $52,500." disabled="disabled">D.$52,500.
Student Answer: C 
Answer: Incorrect
Reference: 

Answers

Maurice Tutor
(5)
Status NEW Posted 07 Jul 2017 01:07 PM My Price 14.00

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