Answer: $3500
Explanation:
Preferred stock:
Number of shares = 1000
Par value = $50
4.5% cumulative
Common stock:
Number of shares = 10000
Par value = $10
Total first-year cash dividend paid = $1000
The cash dividend that must be paid to preferred stockholders in the second year before any dividend is paid to common stockholders is:
Preferred Stock dividend = 1000 × 0.045 × 50 = $2250
Unpaid dividend from year 1 = $2250 - $1000 = $1250
Year 2 dividend = $2250
Total dividend due in year 2 = $(1250 + 2250) = $3500
Answer: $400,000
Explanation:
Days Sales Outstanding is used by a firm to estimate the amount of its accounts receivable.
DSO (Days Sales Outstanding) = Accounts Receivables/Average Sales per day
Where DSO= 20 days
Average sales per day= $20,000
Accounts receivable (AR) =?
20=AR/20000
Cross multiply to make AR the subject of the formula
Accounts Receivables = 20 x 20000
AR=$400,000.
Answer:
A. She needs to acquire funding for her business.
Explanation:
Took the test
<h2>
Required Answer : - </h2>
: A group of buyers and sellers of a particular good or service is called market
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<h2>
Additional information :- </h2>
- The market are a place where two parties can gather, which will facilitate the exchange of goods and services. The parties that are involved are usually the buyers and sellers. A market is a physical form like a retail outlet, where the sellers and buyers can meet face-to-face, or in a virtual form like an online market, where there is an absence of direct physical contact between the buyers and sellers.‘Market’ is a term used in many instances like the securities market or the normal physical market where the people come together for the procedure of buying and selling.
- The market is introduced as a structure that is for the societal benefit of the society. The market structure consists of various forms of market, the forms are characterized according to the nature and the degree of competition that exists in the market for the goods and services. The structure of the market both for the goods market and the service or the factor market is to be judged by the nature of competition that is prevailing in a particular type of market.The Market form is a state that is resultant for the quality or the effectiveness of market competition that is prevailing in the market.
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Hope it's helps :)