1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Leokris [45]
3 years ago
10

Ltimate sportswear has $250,000 of 8% noncumulative, nonparticipating, preferred stock outstanding. ultimate sportswear also has

$650,000 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 $45,000. this dividend should be distributed as follows:
Business
1 answer:
Gnesinka [82]3 years ago
8 0
<span>Ltimate sportswear has $250000 Interest is 8% = 0.08 Common stock is $650000 so the company cash divided is So the prefered stock diveded = 250000 * 8/100 = $ 10000 Common stock divided = 45000 - 10000 = 35000.</span>
You might be interested in
Suppose on Friday night you have a choice to go either to a Katy Perry concert or a Lady Gaga concert. You won a free ticket to
VMariaS [17]

Answer: $100

Explanation:

From the information, on a Friday night, you have the choice to either go to a Katy Perry concert or a Lady Gaga concert. You won a free ticket to see Katy Perry but you would pay as much as $180 to see Lady Gaga perform, even thought the tickets to her show cost $100.

This illustrates that the person must be willing to pay at least $100 to see Katy Perry. Since the person wa.willing to pay $180 for Lady Gaga even when the tickets were$100, then you should be able to pay at least $100 to see Perry

4 0
3 years ago
Two alternatives, code-named X and Y, are under consideration at Guyer Corporation. Costs associated with the alternatives are l
sergejj [24]

Answer:

It will be a financial disadvantage of Alternative Y over Alternative X

which menas, alternative X is better as their work is lower.

Explanation:

\left[\begin{array}{cccc}&X&Y&$Differential\\$Material cost&-43000&-62000&-19000\\$Processing cost&-47200&-47200&0\\$Equipment rent&-17800&-17800&0\\$Occupancy cost&-16800&-25100&-8300\\&&&0\\$Total&-16800&-25100&-8300\\\end{array}\right]

6 0
3 years ago
A company has decided to discontinue a component of its business and sells the component by the end of the year. The amount that
dimulka [17.4K]

Answer:

C. income from operations for the year and only a loss on the disposal of the component's assets.

Explanation:

Income from discontinued operations is a line item of a company below Income from Continuing Operations and before Net Income on an income statement. It represents the after-tax gain or loss on the sale of a component of the business. It also shows the after-tax effect of the operations of the discontinued component for the period.

The amount that the company would report as income from discontinued operations is (ignore tax effects) <u>income from operations for the year and only a loss on the disposal of the component's assets.</u>

4 0
3 years ago
Describe the typical costs of a retiree. HURRY!!!!!! HURRY!!!!!HURRY!!!!!!!!
djverab [1.8K]
Hello there,

A typical cost of a retirement would be the following:

Perhaps the "Car of the year".

Smaller House/Smaller apartment.

Hope this helps.

~Jurgen


3 0
4 years ago
Read 2 more answers
What happens if you perm your hair after washing it?
natali 33 [55]
Its almost the same except your heir will be cleaner and fresher. somethimes it depends on your hair type and texture.
5 0
3 years ago
Other questions:
  • The fabric house has sales of $411,800, total equity of $237,400, and a debt-equity ratio of .55. what is the capital intensity
    6·1 answer
  • At the beginning of the year, Ann and Becky own equally all of the stock of Whitman, Inc., an S corporation. Whitman generates a
    15·1 answer
  • Wrigley's chewing gum is the same product whether you buy it in japan, great britain, brazil, or the united states. wrigley's se
    7·1 answer
  • The federal debt can fluctuate from year to year based on the annual deficits and surpluses. Assume that a deficit is represente
    13·1 answer
  • Read the introduction to an argumentative essay about entrepreneurs and free enterprise. Mary Kay Ash wanted to write a book abo
    10·2 answers
  • Microeconomics is the study of
    5·1 answer
  • The text states that strategic decisions are: <br> A. Rare <br> B. Consequential <br> C. Directive.
    7·1 answer
  • Imagine you own a lawn-mowing business. Identify the main function of money exhibited in each situation below.
    8·1 answer
  • In macroeconomics, _____________________________ describes a situation where a bank's liabilities can be withdrawn in the short-
    7·1 answer
  • A company purchased a new delivery van at a cost of $58,000 on July 1. The delivery van is estimated to have a useful life of 4
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!