Answer:
In order to make the distribution to common shareholders, each preferred share must be paid a dividend of:
$5 per share.
Explanation:
The preferred stock is non-cumulative. This implies that XYZ's preferred stockholders are not being owed for the previous two year's dividend that was not paid. Non-cumulative preferred stock does not attract dividend arrears whenever it was not declared. It is cumulative preferred stock that attracts such arrears to be carried forward until they are paid.
Answer:
FV= $44,269.11
Explanation:
<u>First, we need to calculate the future value of the lump-sum deposit of $20,000:</u>
<u></u>
FV= PV*(1 + i)^n
FV= 20,000.01*(1.05^11)
FV= $34,206.8
<u>Now, the future value of the $800 annual deposit:</u>
FV= {A*[(1+i)^n-1]}/i
A= annual deposit
FV= {800*[(1.05^10) - 1]} / 0.05
FV= $10,062.31
<u>Finally, the total future value:</u>
FV= $44,269.11
Answer: D) Output decreases by more than 25 percent
Explanation:
When a firm is said to be experiencing Increasing Returns to Scale, it means that for every additional unit of a factor of production, the firm experiences a higher increase in production than the additional unit. For example, if a Firm's output increases by 1.5 every time they hire an extra worker, the firm is said to be going through Increasing Returns to Scale.
With that same logic, if factors of production were reduced, the company undergoes a reduction in output that is bigger than the reduction in the factor of production.
For this reason, option D is correct in saying that Output decreases by more than 25 percent.
Answer:
$22,750
Explanation:
Data provided
Fixed manufacturing overhead = $16,500
Units produced = 5,000
Variable manufacturing overhead = $1.25
The computation of the total amount of manufacturing overhead cost is shown below:-
Manufacturing overhead = Fixed manufacturing overhead + Variable manufacturing overhead
= $16,500 + (5,000 × $1.25)
= $16,500 + $6,250
= $22,750
