Answer:
$21,000
Explanation:
Total preference dividend to be paid:
= Previous year preference dividend payable + Current year preference dividend
= (7,000 shares × $100 × 5%) + (7,000 shares × $100 × 5%)
= $35,000 + $35,000
= $70,000
Preference dividend payable of current year:
= Total preference dividend to be paid - Total dividend paid in the year 2016
= $70,000 - $63,000
= $7,000
Therefore,
Dividend to common stockholders:
= Total dividend in the year 2017 - Current year preferred dividend - Previous year preference dividend payable
= $63,000 - (7,000 shares × $100 × 5%) - $7,000
= $63,000 - $35,000 - $7,000
= $21,000
Answer:
Brad would likely to react by reducing the efforts on future projects.
Explanation:
In accordance with the equity theory, it states that if an employee feels or perceive inequity, then they will try to create equitable exchanges of their rewards and their efforts. The common reaction in this situation would be is to reduce the efforts on further or future project.
Answer:
$98 million
Explanation:
Kneeman markup company has a total debt obligation with a book value of $30 million
The market value is $28 million
The total equity has a book value of $20 million and a market value of $70
Therefore, the price that you should be willing today can be calculated as follows
Debt obligation market value+total equity market value
= $28 million + $70 million
= $98 million
Hence the amount that you should be willing to pay today is $98 million
Answer:
Marginal cost is greater than its average cost.
Explanation:
Given that,
Cost of producing 500 graphing calculators = $35,000
Cost of producing 501 graphing calculators =$35,080
Therefore,
The marginal cost = Cost of 501 graphing calculator - Cost of 500 graphing calculator
= $35,080 - $35,000
= $80
Average cost:
= $35,000 ÷ 500
= $70
Therefore, the marginal cost is greater than its average cost.
If the price of lattes, a normal good you enjoy, falls "<span>both the income and substitution effects lead you to buy more lattes. "
</span>
The income effect expresses the effect of expanded acquiring power on utilization, while the substitution impact depicts how utilization is affected by changing relative wage and costs. Distinctive products and ventures encounter these progressions in various ways.