Questions
Comparative Statements of Retained Earnings for Renn-Dever Corporation were reported as follows for the fiscal years...

Comparative Statements of Retained Earnings for Renn-Dever Corporation were reported as follows for the fiscal years ending December 31, 2019, 2020, and 2021.

RENN-DEVER CORPORATION

Statements of Retained Earnings

For the Years Ended December 31

2021

2020

2019

Balance at beginning of year

7,094,292

5,620,052

5,804,552

Net income (loss)

3,326,700

2,420,900

(184,500)

Deductions:

Stock dividend (61,500 shares)

260,000

Common shares retired, September 30 (140,000 shares)

230,660

Common stock cash dividends

907,950

716,000

0

Balance at end of year

9,253,042

7,094,292

5,620,052

At December 31, 2018, paid-in capital consisted of the following:

Common stock, 2,190,000 shares at $1 par

2,190,000

Paid in capital—excess of par

7,600,000

No preferred stock or potential common shares were outstanding during any of the periods shown.

Required:
Compute Renn-Dever’s earnings per share as it would have appeared in income statements for the years ended December 31, 2019, 2020, and 2021. (Negative amounts should be indicated by a minus sign.)

Year

Numerator

/

Denominator

=

Earnings (Net Loss) per Share

2019

$(184,500)

/

2,190,000

=

$(0.08)

2020

$2,420,900

/

=

0

2021

$3,326,700

/

=

0

In: Accounting

Analyze the case bellow and then answer the following questions: Layla is the branch manager of...

Analyze the case bellow and then answer the following questions:
Layla is the branch manager of one of the banks in Bahrain. She has been with the bank for over 8 years. Layla worked as a teller when she first joined the bank back in 2011. She is currently working towards her master degree in business administration (MBA). Layla directly manages a team of 10 branch employees and 2 supervisors. Layla’s leadership style is usually to empower her staff by allowing her team members to make most operational decisions on their own. In addition, she discusses main issues with her staff and encourages her team to put forward ideas and develop plans independently. This leadership approach is known to increase team motivation which in turn encourages creativity. At her staff meetings, Layla always states that: "You may make mistakes, these mistakes can be used as a learning experience".
However, if for example, a major bank account issue arises, Layla usually takes control to ensure a prompt and coordinated process. She believes that such business critical situations should be handled by experienced and confident professionals. Layla currently does not have such professionals among her team members. Although her staff have gained some confidence through empowerment, they still need to enhance their advanced managerial skills. Therefore, during such cases, in addition to being supportive, Layla adapts her leadership approach by adding a directive style.


1. Describe Layla's dominant leadership style in terms of Transactional / Transformational. Give supporting evidence from the case to justify your answer.

2. Which type does Layla add to her leadership approach when a major bank account issue arises? Task or People? Give supporting evidence from the case to justify your answer.


3. According to Herzberg 2 factor motivation model, explain which of the 2 factors (Hygiene
or Motivators) is Layla applying the most. Clarify why you think so by referring to evidence from the case above.

4. According to Hersey Blanchard Situational leadership model, which of the four leadership types (Directing, Coaching, Supporting, Delegating) does Layla adopt when business critical situations arise in the bank? Explain why you think so by giving evidence from the above case.

In: Nursing

Use the United National Conference on Trade and Development FDI Database (available under the Statistics option...

Use the United National Conference on Trade and Development FDI Database (available under the Statistics option at unctad.org) to research the foreign direct investment profile of a country or region of your choice.

In: Economics

Name three different types of stock and identify the benefits of holding ownership in them; what...

Name three different types of stock and identify the benefits of holding ownership in them; what are hallmarks that define a share of stock according to the court in United Housing Foundation v. Forman?

In: Operations Management

Make a comparative analysis between the following two set of Islamic bank financial statements: Dubai Islamic...

Make a comparative analysis between the following two set of Islamic bank financial statements: Dubai Islamic Bank, United Arab Emirates, and Sharjah Islamic Bank, United Arab Emirates 1. Find or google two different Islamic bank from two different countries. 2. Get the newest year available. 3. Not limited to UAE only. 4. Find if they prepared the: i. Statement of Restricted Investments ii: Zakat and charity fund statement. iii. Qard (loan) fund statement. iv. Roles of the sharia advisor. v. Responsibility to pay zakat. vi. How much is zakat paid and the method to compute zakat?

In: Finance

QUESTION 44 Historically, Russia’s international identity can be described as a. strongly influenced by Sufi Islam...

QUESTION 44

Historically, Russia’s international identity can be described as

a.

strongly influenced by Sufi Islam and Turkish culture.

b.

uncertain as to whether it was truly a part of Europe.

c.

strongly influenced by Confucianism’s spread from China.

d.

uncertain as to whether it was part of Asia or the Mediterranean.

1 points   

QUESTION 45

Which of the following represents a core component of Confucianism?

a.

equality of wealth

b.

elimination of hierarchy

c.

elevation of the people’s will

d.

meritocracy

1 points   

QUESTION 46

Gorbachev’s reforms in the 1980s relied on the policies of glasnost and perestroika, or

a.

political openness and economic restructuring.

b.

economic reform and increased competition with the West.

c.

multiparty elections and constitutional reform.

d.

demilitarization and federalism.

1 points   

QUESTION 47

As they came into power in 2009 the Democratic Party of Japan promised voters to

a.

expand public works.

b.

weaken the iron triangle.

c.

maintain corporate welfare.

d.

end support of agriculture.

1 points   

QUESTION 48

Deng Xiaoping introduced the “household responsibility system,” which referred to

a.

expanding urban housing.

b.

expanding the welfare state.

c.

privatizing farming.

d.

imposing a strict birth control policy.

1 points   

QUESTION 49

Which of the following statements about the United Kingdom’s relationship with the European Union is accurate?

a.

The United Kingdom is a full EU member and has adopted the euro as its currency.

b.

The United Kingdom is a transitional member of the EU, with membership conditional on acceptance of the single currency.

c.

In the recent referendum known as “Brexit,” UK citizens voted to leave the EU.

d.

Until recently, people living in the United Kingdom have been fully supportive of membership in the EU.

In: Economics

12. Cindy Szadokierski’s “interactive leadership” style has worked at United. A.. Describe her leadership style in...

12. Cindy Szadokierski’s “interactive leadership” style has worked at United. A.. Describe her leadership style in a few words. b. Would this style work lead you and your peers in your current job? c. Why?


Cindy Szadokierski, United Airlines
Twenty-five years ago, Cindy Szadokierski quit her job teaching high school French and went to work as a reservations agent for United Airlines. Today, she is vice president in charge of operations for United’s largest hub at O’Hare International Airport.After joining the company, Szadokierski served in positions of increasing responsibility, including being general manager of United’s hub at Washington’s Dulles International Airport. From the beginning of her career with United, Szadokierski wanted to be in operations because she liked the idea of bridging the gap between what goes on in the field and what happens at headquarters. At O’Hare, where she oversees 4,000 employees and 600 flights a day, her favorite times are the weekly afternoon walkabouts on the O’Hare ramp and the weekly morning strolls through the terminal. Why? Because they give her a chance to connect with employees and customers. Pete McDonald, chief operating officer of United’s parent, UAL Corporation, says there were serious operations problems at O’Hare, so they put ‘‘the most communicative person’’ in the job. ‘‘She’s everywhere. She talks to everybody,’’ said Don Wolfel, president of United’s mechanics union at O’Hare.Szadokierski’s approach to leadership is more collaborative than command-and-control. In addition to learning from employees and customers, Szadokierski emphasizes regular meetings with her leadership team to talk about what’s going right, what’s going wrong, and how to collaboratively fix any problem

In: Operations Management

How is good will "acquired"? What future value does this intangible asset represent to the buyer?...

How is good will "acquired"? What future value does this intangible asset represent to the buyer?

Is this asset's value amortized over the duration of these cash flows?

If not, how is the value of Goodwill addressed in the financial statements.

In an M& A, why does the buyer's top management concern itself with the impairment of goodwill?

In: Finance

In May 2019, Cassie acquired a machine for $30,000 to use in her business. The machine...

In May 2019, Cassie acquired a machine for $30,000 to use in her business. The machine is classified as 5-year property. Cassie does not expense the property under Sec. 179 or bonus depreciation. Cassie's depreciation on the machine for 2019 is

A. $3,000.

B. $12,000.

C. $6,000.

D. $15,000.

In: Accounting

1. List a bacterial pathogen which causes disease by the production of toxins and provide a...

1. List a bacterial pathogen which causes disease by the production of toxins and provide a therapeutic strategy to treat the disease.

2. List a bacterial pathogen which can be directly acquired from an animal (alive or dead), describe the disease and explain why it would be difficult to eradicate the disease.

In: Biology