Answer:
a) 2.40 dollars
b) 0.60 dollars
c) 2.40 dollars
Explanation:
$30 dollars x 8% = $2.40
quarterly dividend:_ $2.40 / 4 = $ 0.60
When the dividends ar cummulative, they will keep at arrear until the company declares cash dividend. The firm will not be able to pay common stock unless there are no arrear dividends to preferred stock.
Only once all the preferred dividends in arrear and current period dividends are paid, the ocvmany can distribute among their common stock.
Answer:
a. cost of disposed trademark =$44.
b. The accumulated amortization = $13.
c.The loss on disposal of trademarks = $6.
Explanation:
Please see attachment
Answer: $400,000
Explanation:
When calculating the amortization of a patent, we either use the legal life or the useful life depending on which is shorter which in this case is the useful life.
Annual Amortization;
= (Cost - Salvage value) / 5 years
= (8,000,000 - 0) / 5
= $1,600,000
Patent was purchased October 1. October to December is 3 months.
Depreciation for the year is therefore;
= 1,600,000 * 3/12
= $400,000
The defense which Morabido can use at trial is:
<h3>What is Assumption of Risk?</h3>
This refers to the defense which is used in the law court to try to prevent a plaintiff from making a recovery based on negligence.
WIth this in mind, we can see that Morabito can make use of assumption of risk to show that because Huntington knew of the defect but went ahead to make use of weed killers.
Read more about assumption of risk here:
brainly.com/question/21897362
Answer:
The probability more than 72% of the cardholders are carrying a balance is 0.2946
Explanation:
Test statistic (z) = (p' - p) ÷ sqrt[p(1-p) ÷ n]
p' is the sample proportion = 0.72
p is the population proportion = 0.74
n is the number of cardholders sampled = 140
z = (0.72 - 0.74) ÷ sqrt[0.74(1-0.74) ÷ 140] = -0.02 ÷ 0.037 = -0.54
The cumulative area of the test statistic is the probability that less than 72% of the cardholders are carrying a balance. The probability is 0.7054.
Probability (more than 72% of the cardholders are carrying a balance) = 1 - 0.7054 = 0.2946
