Answer:
The dividends received by the preferred stockholders in 2020 are $30400.
Explanation:
The cumulative preferred stock is the form of preferred stock that accumulates or accrues dividends in case the company does not pay or partially pay dividends to preferred stock in a particular year. This means that the dividends are accrued and the company will need to pay these dividends first in the future whenever it declares dividends.
The total dividends per year on preferred stock is,
Preferred Stock dividends = 50 * 0.06 * 7400 = $22200 per year
The preferred stock dividend that was accrued at the end of 2019 after the dividend payment of $14000 is,
Accrued dividends - Preferred stock = 22200 - 14000 = $8200
In 2020 the company will need to pay this accrued dividend along with the dividend for 2020 on preferred stock. Thus, in 2020 the preferred stock holders will receive dividends of,
Preferred stock dividend to be paid in 2020 = 8200 + 22200 = $30400
Answer:
Lapping scheme
Explanation:
Lapping scheme -
It is a fraud practice , which involves the alteration of the accounts received to hide or cover the stolen payments .
This method involve taking the subsequent receivable payments and using them to cover the theft .
<u>And the next receivable is only applied when the previous is unpaid receivable .</u>
If, in the market for money, the amount of money supplied exceeds the amount of money households and businesses want to hold, the interest rate will rise, causing households and businesses to hold less money.
Option A
<u>Explanation:
</u>
Fiscal policy is the central bank's macroeconomic policy. This covers the supply of money and interest rate control and is also the demand-side economic strategy of a country's government for achieving macroeconomic targets such as inflation, investment, productivity, and liquidity.
If the required quantity is above the amount given, people sell the property to obtain money like bonds. It leads to an increase in bond supply, a drop in bond prices and a higher market interest rate. If the volume supplied meets the necessary number, capital is increasing by purchasing a certain property, such as bonds.
The supply of money meets the demand for money, and the real rate of interest is higher than the number of equilibrium.
