a. The amount that will go to the preferred stockholders is $400,000.
b. The amount of the declared dividend that will be available for common stock dividends is $200,000 ($600,000 - $400,000).
Data and Calculations:
Cumulative Preferred Stock Outstanding = 100,000 shares
Dividends per share = $2
Cumulative Preferred Dividend last year = $200,000 (100,000 x $2)
Preferred Dividend this year = $200,000 (100,000 x $2)
Total preferred dividend to be paid this year = $400,000
Thus, the Preferred Stockholders will be paid $400,000 ($200,000 for last year and $200,000 for this year).
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<span>The mission is the purpose, the objectives and goals of the organization. The policies are based on the mission and provide a statement of purpose. Procedures are step by step directions on how a policy is to be carried out. </span>The organization’s mission, policies, procedures, and also forms a hierarchy that dictates the purpose of the organization are defined in the framework of the organization.
Answer:
First we need to first find the equilibrium quantity and price during normal times.
The equilibrium price in normal times is P=$3 and the equilibrium quantity is 55 bottles.
During the hurricane, the government will set a price ceiling of $3. We can infer from the table that the quantity supplied at P=$3 is 55 bottles while the quantity demanded during hurricane at the price of $3 per bottle is 105 bottles. Hence,
105-55= 50
During a hurricane, there would be a shortage of 50 bottles of water.
If there were no price ceiling, then the equilibrium price would be such that the quantity demanded during hurricane equals the quantity supplied. From the table we can see that the equilibrium price would in that case be P=$5 per bottle where the equilibrium quantity is 85 bottles. With the price ceiling only 55 bottles are available for trading. Now without the price ceiling 85 bottles are available.
Hence consumers would have to pay an additional $2 (=5-3) but they can now buy an additional 30 bottles [=85-55].
Without the antiprice gouging law, consumers would have to pay $2 more than the ceiling price, but they would bv able to buy 30 more bottles of water.
T<span>he ITA believes that fair-trade policies allow countries to import and export freely, allowing consumers to save money. It will also create economic opportunities that will help to improve economies in other countries, which could contribute to solving global issues like poverty. To meet these goals, the ITA believes that trade barriers need to be eliminated.</span>
Answer:
A cost-benefit analysis involves subtracting the sum of all the business costs from the business benefits.
Explanation:
Business is the act of exchanging goods and services for commercial purposes. The main aim of conducting a business for most people is to increase sales and make profit. In order to do this, there are business decisions that go into the running of business that determine how the business will perform. Most of these decisions if taken into account can lead to overall business success. There are different methods in economics that can aid a business person to make a decision, however, in this case we will consider the cost-benefit analysis as a tool of economics that can be used to make business decisions.
As indicated above, a cost-benefit analysis is a method that businesses often use to arrive at decisions. The analysis is done by first assigning monetary units to all the activities and processes that will go into the business. The total costs are then calculated from all the expenditures that will be incurred in the business. The benefits are then calculated from all the revenue expected to be got from the business. The costs are then subtracted from the benefits. The result can be either zero, negative or positive. A zero result implies that the business will break-even, there will be no losses or profits. A negative value implies that the business will go to a loss thus not advisable to venture in it. A positive result shows that the business will be profitable therefor it would be beneficial to venture into it.
