Explain the concept of On 1st Baisakh 2075, MG Group Stockholder' Equity category appeared as follows:
500,000
8% Preferred Stock of Rs.500 par value 1,000 shares issued and outstanding
1,500,000
Common stock Rs. 100 par value 15,000 shares issued and outstanding
300,000
Additional paid in capital - Preferred
Additional paid in capital - Common
400,000
Total contributed capital
2,700,000
Retained earnings
2,000,000
Total shareholders' equity
4,700,000
The Preferred Stock is non-cumulative and non-participating. During 2075 the following
transaction occurred
a. On 1st Ashwin, declared a cash dividend of Rs.80,000 on preferred stock. Paid the
dividend on 1st Kartik.​

He moto hotel opened for business on may 1, 2017. here is its trial balance before adjustment on may 31. moto hotel trial balance may 31, 2017 debit credit cash $ 2,283 supplies 2,600 prepaid insurance 1,800 land 14,783 buildings 72,400 equipment 16,800 accounts payable $ 4,483 unearned rent revenue 3,300 mortgage payable 38,400 common stock 59,783 rent revenue 9,000 salaries and wages expense 3,000 utilities expense 800 advertising expense 500 $114,966 $114,966 other data: 1. insurance expires at the rate of $360 per month. 2. a count of supplies shows $1,050 of unused supplies on may 31. 3. (a) annual depreciation is $2,760 on the building. (b) annual depreciation is $2,160 on equipment. 4. the mortgage interest rate is 5%. (the mortgage was taken out on may 1.) 5. unearned rent of $2,580 has been earned. 6. salaries of $810 are accrued and unpaid at may 31

Peter, the marketing manager of a company that manufactures church furniture, has been given the job of increasing corporate profits by five percent during the upcoming year. peter decided to give his assistant the full responsibility and authority for developing a mailing campaign to target churches in an entire state. in other words, peter has

What is inventory turnover? explain the effect of a high inventory turnover during the christmas shopping season.