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
dsp73
3 years ago
10

The shareholders' equity of Green Corporation includes $320,000 of $1 par common stock and $510,000 par of 7% cumulative preferr

ed stock. The board of directors of Green declared cash dividends of $61,000 in 2021 after paying $31,000 cash dividends in each of 2020 and 2019. What is the amount of dividends common shareholders will receive in 2021
Business
1 answer:
Mama L [17]3 years ago
8 0

Answer:

$25,300

Explanation:

The computation of the common shareholders received the dividend for the year 2021 is shown below:

Since in the year 2021, the dividend i.e. declared is $61,000

Now the preference shareholders dividend is

= $510,000 × 0.07

= $35,700

So for common shareholders, the dividend would be

= $61,000 - $35,700

= $25,300

You might be interested in
Looking at four pillars of a healthy relationship (trust, respect, support and communication), how would you as a health care le
serg [7]
Like Michael Jackson once said. Look at the man in the mirror and make a change. and then help others to address their problems
7 0
3 years ago
You receive results from the team engagement survey. According to the survey, your team members feel that the feedback they prov
andrew-mc [135]

Answer: Most: Discuss the issue with your team. Ask team members for suggestions on how to better incorporate their

Least: Talk to your peers who received similar feedback and brainstorm together on how to better engage the team.

Explanation:

You probably wish you could get more input from your employees if you're like most managers. Quality feedback will help all of you work together, improve your style of leadership, and make sure you catch problems before they become big issues.

While the members of your team must be the ones to come up with the ideas, there are many things you can do to make it better and more productive to produce them.

Your methodology offers an example.

7 0
3 years ago
A test that determines whether disease is actually present is
Semmy [17]
<span>Its a diagnostic test
</span>
7 0
3 years ago
Read 2 more answers
Sapphire sells two products: ordinary laptops and premium laptops. Ordinary laptops are priced at $650 each and premium laptops
stira [4]

Answer:

The break-even point in units for ordinary laptops is 2,100 units.

Explanation:

Contribution Margin per unit (ordinary) = Selling Price - Variable cost

                                                                 = $650 -$605

                                                                 = $45

Contribution Margin per unit (premium) = Selling Price - Variable cost                                        = $1,150 -$1,090

= $60

$45* 4x + $60x = Fixed Costs = $126,000

= 180x +60x = $126,000

=240x =$126,000 = 525 units

Ordinary computers = 4x

                                  = 4*525

                                  = 2,100 units

Therefore, The break-even point in units for ordinary laptops is 2,100 units.

6 0
3 years ago
It will cost $4,000 to acquire a small ice cream cart. Cart sales are expected to be $3,200 a year for five years. After the fiv
Anna [14]
Cost = $4,000
Revenues = $3,200 per year
Life = 5 years

Payback period calculation:
Year -----   Cash flow -------- Investment
Yr 0 -----               ------------ -4,000
Yr 1 ------   3,200  -----------  -800
Yr 2 ------   3,200 -------------- 0

Payback period lies between year 1 and 2.

Therefore,
Payback period = 1+ 800/3200 = 1+0.25 = 1.25 years
5 0
3 years ago
Other questions:
  • David knows that the beta of his portfolio is equal to 1, but he does not know the risk-free rate of return or the market risk p
    15·1 answer
  • Explain the reporting requirements for internal service funds and enterprise funds. internal service funds and enterprise funds
    13·1 answer
  • Employees cannot be discharged because of their race, national origin, gender, age, disabilities, or being members of __________
    11·1 answer
  • Target purchases home goods made by a supplier in China. Target's stores in the United States sell 200,000 units of home goods e
    12·1 answer
  • Suppose the corporate tax rate is 35%. Consider a firm that earns $10,000 before interest and taxes each year with no risk. The
    15·1 answer
  • A manufacturer makes colored blocks for children. The blocks are modeled by the right rectangular prism as shown with congruent
    6·1 answer
  • Externalities affect the economic efficiency of a market equilibrium by causing a difference between:________
    11·1 answer
  • On 3/15/20, Robertson Corp. bought land from Lear, Inc. for $248,000. Lear had carried the land on its books at $240,000. Robert
    7·1 answer
  • 1. Which of the following is an example of the resource-based view of the firm? a. Philip Morris diversified by purchasing Kraft
    14·1 answer
  • the approach to ethical decision making sidesteps debates about what is right, good, or just and bases decisions on prevailing s
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!