Answer:
D. dividends on preferred stock must be paid before dividends on common stock can be paid.
Explanation:
While distributing the dividend to the shareholders we give the first preference to the preference shareholder then the remaining dividend is distributed to the equity shareholders.
As the distribution of dividend is not compulsory but whenever the company earns a profit during a particular year it will distribute the dividend according to their investment amount
Hence, d option is right
The space between the buyer’s reservation price and the seller’s reservation price is called the Total surplus.
What is reservation price for buyer?
A reserve price or reservation price is a word frequently used in auctions and refers to the lowest amount a seller will accept as a successful bid. An alternate, less well-known definition is the highest price a customer will pay for a good or service.
What is producers reservation price?
The minimal price that buyers and sellers are ready to accept in order to buy or sell a good is known as the reservation price. It is the highest price a potential buyer or consumer is willing to pay for a good; for a seller or producer, it is the lowest price they are willing to accept.
Learn more about reservation price: brainly.com/question/13215058
#SPJ4
Answer:
Property plant and equipment in non current asset section of Carl Cornfield's balance sheet will be increased.
Cash at bank in current asset section of Carl Cornfield's balance sheet will be decreased.
Explanation:
When the entity makes payment for any vehicle, the following two sections of the balance sheet are changed:
Property plant and equipment in non current asset section is increased.
Cash at bank in current asset section is decreased.
So the following two lines of Carl Cornfield balance sheet will be changed.
Property plant and equipment in non current asset section of Carl Cornfield's balance sheet will be increased.
Cash at bank in current asset section of Carl Cornfield's balance sheet will be decreased.
Answer:
$391,400
Explanation:
we can use the future value formula for an annuity due:
future value of an annuity due = (1 + r) x payment x {[(1 + r)ⁿ - 1] / r}
- payment = $60,000
- r = 9%
- n = 5
FV = (1 + 9%) x $60,000 x {[(1 + 9%)⁵ - 1] / 9%} = 1.09 x $60,000 x {[1.09⁵ - 1] / 9%} = $65,400 x 5.9847 = $391,400
In an annuity due, the first payment is done immediately and not at the end of the period like a normal annuity.