Answer: $2,100
Explanation:
Given:
No. of shares 24,000 of $100 par
Dividend per year = (100 shares X $100 par) X 7% = $700
Since, <em><u>the preferred stock is cumulative, the holders will receive past dividends not distributed</u></em>.
From 2016: 700
From 2017: 700
From 2018: 700
<em><u>Total = $2,100</u></em>
I understand it that they cannot control their cost increases because they cannot for example increase the prize of the service they provide.
This means that they will have less money if some costs increase, for example if the prize of gas increases. Therefore, the salaries will be lower, since there will be less money to distribute.
Explanation:
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Answer:
This is a situation of derived demand. The demand for electronics is derived from that of rare earth metals.
So if the price of extraction of rare earth metals increases, supply will not meet demand, prices of rare earth metals will go up.
Since demand for electronics is derived from that of rare earth metals, the price of electronics will go up to accommodate the price change of the rare earth metals.
Explanation:
Even though I didn't see the video mentioned in the question, banks make most of their money through banking fees and investments.
