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Sphinxa [80]
3 years ago
7

Whom does inflation hurt the most?

Business
1 answer:
mart [117]3 years ago
7 0

Answer:

consumers

Explanation:

Inflation is the losing buying power of money through time. If a consumer is paying 5∈ for a milk carton in 2019 with an inflation of 3% for 2020 the same milk carton will cost 5∈ and 15 cents. At the end inflation of prices is always paid by consumers

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A multinational strategy entails having a separate strategy for each nation in which a company markets its products
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Your answer: True
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2 years ago
What is a limited liability company (LLC)?
alukav5142 [94]

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5 0
1 year ago
Abarrier along the open sides of stairways and platforms that prevent falling is
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3 years ago
The outstanding capital stock of Novak Corporation consists of 1,800 shares of $100 par value, 7% preferred, and 5,100 shares of
Alborosie

Solution :

                                                                            Preferred            Common

Non cumulative and non Participative                    12,600               67,400

Cumulative and non participative                            37800                42200

Cumulative and participative                                   47876                32124

                             

                            <u>    Current Stock Out Standing    </u>

Common stock at the rate 50                             5100 shares         255000

Preferred stock 7% at the rate 100                    1800 shares          180000

         

           <u>  Cumulative the annual dividend on the preferred stock  </u>

Preferred stock dividend                                   (180000 x 7%)       12600

Dividend Arrears to preferred stock                   (12600 x 2)            25200

                        <u>   Non cumulative and non participative     </u>

                                                  Preferred                 Common        Total

Current year                               12600                                            12600

Arrears                                        0                                                    0

Common stock                                                            67400            67400

Total dividend                             12600                       67400            80000

                       <u>  Cumulative and non participative  </u>

                                                  Preferred                 Common        Total

Current year                               12600                                            12600

Arrears                                        25200                                            25200

Common stock                                                            42200            42200

Total dividend                             37800                       42200            80000

                          <u>  Cumulative and participative</u>

                                                  Preferred                 Common        Total

Current year                               12600                                            12600

Arrears                                        25200                                            25200

Common stock (255000 x 7%)                                   17850            17850

Balance dividend pro data          10076                      14274            24350

Total dividend                             47876                       32124            80000

Working notes :

Amount for the participation    = 80000-(12600+25200+17850)   = 24350

Rate of participation = $\frac{24350}{(255000+180000)} $              = 5.5977%

Participating dividend:

Preferred stock = 18000 x 5.5977%   = 10076

Common stock = 255000 x 5.5977%  = 14274

Total participating dividend                  = 24350

7 0
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Plan or devotion in life, it is an influence to what you want to do :)
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