Answer:
1. $28,800
$103,200
2. $28,800
$103,200
3. $86,400
$45,600
Explanation:
1. The dividend paid to preferred stockholders = Shares × Par value × Percentage
= 3,000 shares × $120 × 8%
= $28,800
The dividend paid to Common stockholders = Cash dividend - Dividend paid to preferred stockholders
= $132,000 - $28,800
= $103,200
2. The dividend paid to preferred stockholders = Shares × Par value × Percentage
Note :- Because preferred stocks are non-cumulative in nature, the company is not allowed to pay last two years' dividends and preferred stocks are liable for payment only for the current year.
= 3,000 shares × $120 × 8%
= $28,800
The dividend paid to Common stockholders = Cash dividend - Dividend paid to preferred stockholders
= $132,000 - $28,800
= $103,200
3. The dividend paid to preferred stockholders = Shares × Par value × Percentage × Number of years
Note: Since preferred stocks are cumulative in nature, the company is forced to pay last two years' dividends along with the current year's dividend.
= 3,000 shares × $120 × 8 % × 3 years
= $86,400
The dividend paid to Common stockholders = Cash dividend - Dividend paid to preferred stockholders
= $132,000 - $86,400
= $45,600
The person who receives financial protection from a life insurance plan is called a beneficiary. I hope that I helped, Have a wonderful day!
Answer:
multiple product order
Explanation:
A multiple product order is not a court order, but rather an order coming from the Federal Trade Commission ordering a firm that has used false or deceptive advertisement to stop doing it. This prohibition includes all the products manufactured or sold by the company that used the false advertisement.
In this case, CSI has to stop all types of advertisement regarding the products that it manufactures.
Answer:
The risk premium on factor 2 = 9.26%.
Explanation:
Let us denote the risk premium of factor 2 as x
Below is the formula we can use to calculate the risk premium of factor 2.
Expected return on stock = (Beta (factor 1)* expected return of 1) +(beta of 2x * risk free reate)
17.6% = (1.45*3.2%) + 0.86x+5%
17.6 = 4.64 + 0.86x+5%
17.6 - 4.64 - 5= 0.86x
7.96 = 0.86x
x = 7.96/0.86 =9.2558
The risk premium on factor 2 = 9.26%.
Answer:
39,577 million euros
Explanation:
Calculation to determine the what was its gross profit
Using this formula
Gross profit=Net income+Operating expenses
Let plug in the formula
Gross profit=23,561 million +16,016 million
Gross profit=39,577 million euros
Therefore gross profit will be 39,577 million euros