Answer:
We should not lower taxes for the wealthiest Americans because they own and run a lot of companies and businesses that we use. Lower income Americans want their leaders to understand or know what it’s like to be less wealthy so they’ll be more sympathetic towards lower income people and won’t do everything out of the want for more money. If they have to pay lower taxes, then that takes away from their ability to sympathize with lower income homes, and that would upset a lot of people.
Answer:
37,000 common stock outstanding
preferred stock dividends = $82,000 x 10% = $8,200
Case A The preferred stock is noncumulative, the total amount of dividends is $32.000
- dividends distributed to preferred stockholders = $8,200
- dividends distributed to common stockholders = $32,000 - $8,200 = $23,800
since the preferred stocks are non-cumulative, if dividends are not paid during a certain they are "lost" and will not be recovered.
Case B The preferred stock is cumulative, the total amount of dividends is $24,600
- dividends distributed to preferred stockholders = $8,200 x 3 = $24,600
- dividends distributed to common stockholders = $0
Case C The pretend stock is cumulative, the total amount of all dividends is $90,200
- dividends distributed to preferred stockholders = $8,200 x 3 = $24,600
- dividends distributed to common stockholders = $90,200 - $24,600 = $65,600
Answer:
True.
Explanation:
Indirect cost are cost incurred in the production process that cannot be traced directly back to the product, but contributes to the production process in general. For example the salary of wages is not a cost that is directly included in the product itself, but workers are needed to perform tasks and operate the machines that produce the product.
Direct cost are traceable directly to the product and include raw material.
So overhead, facilities and resource opportunity cost are all indirect cost in producing the product.
Answer: The bank reserves part of the money and uses the rest to make loans to other people who need them.
Explanation: money doesn't just sit in the banks. the money will still there but some will be used by the banks for other loans and interests.
(i also took the test so this is most likely correct)
hope it goes well!