Sonar signals allow oceanographers to determine ocean depth.
Answer:
growth rate is 0.9%
Explanation:
given data
time = 10 year
present value = $4.50
future value = $4.92
to find out
growth rate
solution
we will apply here future value formula that is
future value = present value ×
......1
here r is growth rate and t is time
put here value in equation 1
future value = present value ×
4.92 = 4.50 ×
= 1.009
r = 1.009 -1
r = 0.9 %
so growth rate is 0.9%
Answer:
(a) $16,000
(b) $12,000
Explanation:
Given that,
Shares of common stock issued = 4,000
Shares of preferred stock issued = 500
Preferred stock is cumulative, $100 par, with an 8% dividend rate.
Total dividend declared = $28,000
(a) Dividend for the year 2015:
= shares issued × Par value × Dividend rate
= 500 × $100 × 8%
= $4,000
Arrear for the three years:
= Dividend for the year 2015 × No. of years
= $4000 × 3
= $12,000
Therefore, the dividend paid to preferred stockholder's:
= Dividend for the year 2015 + Arrear for the three years
= $4,000 + $12,000
= $16,000
(b) Dividend paid to common stockholder's:
= Total dividend paid - Dividend paid to preferred stockholder's
= $28,000 - $16,000
= $12,000
The vision of an organization is vital for any organization but it is almost unachievable and majority of organizational visions fails in it as they are rational, time-bound and highly impersonal.
<h3>Why is a vision important to any organization?</h3>
A vision is really important for any organization because it serves as a strategic plan for success.
Vision provides the focus and direction, that helps to align everyone with the organization in order to achieve the desired goal.
It helps to increase efficiency and productivity in the organization.
Learn more about the vision of an organization here:-
brainly.com/question/9121341
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B) A commission is charged with regulating business