The sales of cookies for Cutez Ltd. are given below:

Miller, Inc. has 5,000 shares of 6%, $400 par value, cumulative preferred stock and 100,000 shares of $4 par value common stock

grin007 [14]

Answer:

$40,000

Explanation:

Calculation to determine the amount of dividends received by the common stockholders in 2017

First step is to calculate the preferred stock

Preferred stock=(5,000 shares*$400)*6%

Preferred stock=$2,000,000*6%

Preferred stock=$120,000

Now let calculate the amount of dividends received by the common stockholders in 2017

Dividend Received=($200,000-$120,000)/2

Dividend Received=$80,000/2

Dividend Received=$40,000

Therefore the amount of dividends received by the common stockholders in 2017 will be$40,000

4 0

3 years ago

A primary source for getting specific information on a particular bill is A. your state representative. B. Washington daily news

Pavel [41]

A primary source is a direct source, so not mediated by somebody or something else.If someone wants the primary source for a bill, one would look directly into this bill, i.e. into the Constitution (C).

3 0

4 years ago

Examples of frictional force

kherson [118]

Explanation:

<h2>  I hope this would be the right answer....</h2>

6 0

4 years ago

The current price of a stock is $22, and at the end of one year its price will be either $27 or $17. The annual risk-free rate i

e-lub [12.9K]

Answer:

Based on the binomial model, the option's value is $3.00

Explanation:

The stock range of payoffs in one year is $27 - $17 = $10.

At expiration, if the stock price is $27, the option will be worth

= $27 - $22

= $5

And the option will be worth zero, if the stock price $17.

The range of payoffs for the stock option is $5 & $0 ; 0 = $5.

Equalize the range to find the number of shares of stock:

Option range/Stock range = $5/$10

= 0.5

With 0.5 shares, the stock options payoff will be either $13.5 or $8.5. The portfolio & options payoff will be

$13.5 - $5 = $8.5, or $8.5 $0; 0 = $8.5.

The present value of $8.5 at the daily compounded risk-free rate is: PV = $8.5 / (1+ (0.06/365))365 = $8.005.

The option price is the current value of the stock in the portfolio

minus the PV of the payoff: V = 0.5($22) - $8.005 = $3.00.

Therefore, Based on the binomial model, the option's value is $3.00

7 0

3 years ago

If the marginal product of labor is increasing, the marginal cost of output must be

SVETLANKA909090 [29]

Your answer would be, If the Marginal Product of labor increases/rises, The Marginal Cost of Output FALLS.

If the Marginal Product of labor Falls, The Marginal Cost of Output RISES.

Hope that helps!!!

4 0

4 years ago