Answer:
The amount of dividends distributed to preferred stockholders in 2017 is $10000.
Explanation:
The preferred stock is non cumulative which means that if the company is unable to pay dividends on preferred stock in a certain year, the dividend for that year will not be accumulated and will not be paid in the next year.
Thus, the company only paid a dividend of $2700 in 2016 and the remaining dividends will not be payable by the company in year 2017.
The dividend on each share of preferred stock per year is = 10 * 0.05 = $0.5 per share
The number of shares of preferred stock are 20000.
The total dividends that will be paid to preferred stock holders in 2017 is = 0.5 * 20000 = $10000
Thus, out of the $27000 dividends of 2017, $10000 was distributed to preferred stockholders.
The decision to build the park or not would be based solely
on the cost – benefit relationship of this project. Since there is no other
factor considered in this problem, you only need to see if the benefit of
constructing the park would exceed its cost. In this problem, the cost to
construct the park is $20,000 while the marginal benefit would be $24,000
($8,000 x 3 families that can benefit from this project). Therefore, you can
say that the benefit has exceeded its cost. As a conclusion, the neighborhood
park should be built because it benefits the families living in that area more
than its cost.
I just recently learned this myself due to buying an old farm house that was built in the 1970's. Asbestos is commonly found in buildings and structures built before 1981 and is a very harmful thing if inhaled into the body.
Answer:
Yes
Explanation:
because south Africa can't put the money on the side
