Answer:
The dividends payout to preferred stockholders is $113,400 as shown below.
Explanation:
The total dividends payable to holders of preferred shares can be computed thus:
Preferred shares dividends=9000*$90*14%
Preferred shares dividends =$113,400
Preferred shareholders have prior claims to dividends ahead of ordinary shareholders,but after bondholders' interest payments have been settled.
The same way they also have precedence in the distribution of company's assets before ordinary shareholders upon the liquidation of the company.
The downside is that they cannot share in excess profits after payment of dividends as they are part-owners of the company unlike ordinary shareholders.
Answer:
Step 1:
Start by setting it up with the divisor 20 on the left side and the dividend 16 on the right side like this:
2 0 ⟌ 1 6
Step 2:
The divisor (20) goes into the first digit of the dividend (1), 0 time(s). Therefore, put 0 on top:
0
2 0 ⟌ 1 6
Step 3:
Multiply the divisor by the result in the previous step (20 x 0 = 0) and write that answer below the dividend.
0
2 0 ⟌ 1 6
0
Step 4:
Subtract the result in the previous step from the first digit of the dividend (1 - 0 = 1) and write the answer below.
0
2 0 ⟌ 1 6
- 0
1
Step 5:
Move down the 2nd digit of the dividend (6) like this:
0
2 0 ⟌ 1 6
- 0
1 6
Step 6:
The divisor (20) goes into the bottom number (16), 0 time(s). Therefore, put 0 on top:
0 0
2 0 ⟌ 1 6
- 0
1 6
Step 7:
Multiply the divisor by the result in the previous step (20 x 0 = 0) and write that answer at the bottom:
0 0
2 0 ⟌ 1 6
- 0
1 6
0
Step 8:
Subtract the result in the previous step from the number written above it. (16 - 0 = 16) and write the answer at the bottom.
0 0
2 0 ⟌ 1 6
- 0
1 6
- 0
1 6
You are done, because there are no more digits to move down from the dividend.
The answer is the top number and the remainder is the bottom number.
Therefore, the answer to 16 divided by 20 calculated using Long Division is:
0
16 Remainder
Explanation:
Answer: Trade Industries
Explanation:
Trade industries survive as long as people and businesses can afford to trade goods and services. If entities are unable to afford consumption for a reason such as a decline in income, the trade industries will suffer.
When the economy is not healthy, income levels of people will reduce and so trade industries will suffer as opposed to a healthy economy where entities can afford goods and services which will ensure the survival of trade industries.
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