Answer and Explanation:
The computation is shown below:
For preferred shareholders
The dividend is
= 12,300 shares × 4% × $100
= $49,200
For two years, it would be
= $49,200 × 2
= $98,400
And, the total cash dividend declared is $229,000
So, the cash distribute to common stockholder is
= $229,000 - $98,400
= $130,600
hence, the cash distribute to common stockholder is $130,600
Answer:
A cash outflow of $82 million is correct answer
Explanation:
Options:
A cash outflow of $12 million.
A cash outflow of $78 million.
A cash outflow of $80 million.
A cash outflow of $82 million.
(Hope this helps can I pls have brainlist (crown)
Answer:
net income = $106,000
Explanation:
net income = total revenues - total expenses = $772,000 - $666,000 = $106,000
Any additional capital raised will increase the company's cash flows (financing activity) and any dividends distributed will decrease them (another financing activity), but they do not affect the company's net income.
