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9966 [12]
3 years ago
6

Ultimate Sportswear has $100,000 of 8 noncumulative, nonparticipating, preferred stock outstanding. Ultimate Sportswear also has

$500,000 of common stock outstanding. In the company's first year of operation, no dividends were paid. During the second year, the company paid cash dividends of $30,000.
How should this dividend should be distributed ?
Business
1 answer:
andrew-mc [135]3 years ago
7 0

Answer:

Preferred dividend = $8,000

Common stock dividend = $22,000

Explanation:

The computation of dividend is shown below:-

Preferred dividend = Total shares × Total shares of Noncumulative, nonparticipating, preferred stock outstanding

= $100,000 × 0.08

= $8,000

Common stock dividend = Cash dividend - Preferred dividend

= $30,000 - 8,000

= $22,000

Therefore the Preferred dividend is $8,000 and Common stock dividend is $22,000

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The strategy that would be least effective in reducing the company's criminal liability is:

D. It could donate to the election campaigns of the new members of Congress to establish goodwill.

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A Bill of Material (BOM) in MRP is defined as:
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Answer:

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Creating an accurate BOM helps to have all the material necessary for production available.

4 0
3 years ago
Trey has two dependents, his daughters, ages 14 and 17, at year-end (2018). Trey files a joint return with his wife.What amount
Ipatiy [6.2K]

Answer:

(a) His AGI is $103,300.

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(b) His AGI is $426,200.

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For 2018, the income threshold to qualify for the child tax credit increased to $400,000, and it starts to fade away up to $440,000. It phases out $50 per each $1,000 of additional AGI.

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6 0
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Which of the following is contracting of noncore operations or jobs from internal production within a business to an external en
AURORKA [14]

Answer:

Option A

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The correct answer is Option A

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So, Contracting noncore operations job is to an external entity is known as Outsourcing.

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The marketing team need to <u>"create a promotion strategy to increase customer awareness."</u>


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