Answer:
present value = $7296.14
Explanation:
given data
future value = $34,000
time t = 20 year
rate r = 8% = 0.08
solution
we apply here future value formula for get present value that is
future value = present value ×
.....................1
put her value and we get
$34,000 = present value ×
present value =
present value =
present value = $7296.14
Answer:
$23900
Explanation:
Given: Cumulative Preferred stock is 5900 shares of 6% at $50.
Dividend paid in 2019= $11500
First lets calculate the value of preferred stock.
Preferred stock= ![5900 shares\times \$ 50\times \frac{6}{100}](https://tex.z-dn.net/?f=5900%20shares%5Ctimes%20%5C%24%2050%5Ctimes%20%5Cfrac%7B6%7D%7B100%7D)
∴ Preferred stock= $17700.
Formula:
Dividend received by preferred stockholder= ![[Preferred\ stock +(Preferred\ stock-Dividend\ paid)]](https://tex.z-dn.net/?f=%5BPreferred%5C%20stock%20%2B%28Preferred%5C%20stock-Dividend%5C%20paid%29%5D)
⇒Dividend received by preferred stockholder=![17700+(17700-11500)](https://tex.z-dn.net/?f=17700%2B%2817700-11500%29)
⇒ Dividend received by preferred stockholder= ![17700+6200= \$ 23900](https://tex.z-dn.net/?f=17700%2B6200%3D%20%5C%24%2023900)
∴ $23900 dividend received by preferred stockholder in 2020.
Answer:
Lucia's cash flows from operating activities would be:
$132,000.
Explanation:
Accounts Receivable End: $30,000 Beginning: $29,000 = -$1,000
Accounts Payable End: $24,000 Beginning: $26,000 = -$2,000
Net Income : $ 135,000
To calculate the total cash flow from operating activities it's necessary to deduct of the Net Income the variance of these accounts which indicates a negative variance during the year, -$2,000 on accounts payable because the company paid more bills these year than before, and -$1,000 because the company expand their credit line to customers.
Cash Flow: $135,000 - $1,000 - $2,000 = $132,000.