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zimovet [89]
2 years ago
7

B&B Corporation is authorized to sell 60,000 shares of $10 par, 6% cumulative preferred stock and 90,000 shares of $6 par co

mmon stock. There are 30,000 shares of preferred stock outstanding and 30,000 shares of common stock outstanding. A $40,000 cash dividend has been declared by the board of directors. What is the common stock dividend per share amount (rounded)?
Business
1 answer:
Vesna [10]2 years ago
7 0

Answer:

Dividend paid to preferred stock holders = 6% x $10 x 30,000 = $18,000

Dividend paid to common stock holder = $40,000 - $18,000 = $22,000

Explanation:

The dividend paid to preferred stock holders is a function of dividend rate, par value and number of preferred stocks outstanding.

The dividend paid to common stock holders is the difference between total dividend declared and dividend paid to preferred stock holders.

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stellarik [79]

The activities needed to operate a business can be divided into a number of three types of activities. These are operating, investing, and financing activities.

<h3>What are business activities?</h3>

Business activities can be defined as kinds of activities firms conduct for achieving their purpose. It helps in generating revenues and ensuring business continuity.

The major three types of activities are operating, investing, and financing activities. Operating activities support the entity's primary purpose. Financing deals with collecting funds for financial strength and growth. Investing activities are when a business invests in long-term assets.

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8 0
1 year ago
How do occupancy rate and potential gross rate relate​
Setler79 [48]

Explanation:

Occupancy rate is the ratio of rented or used space to the total amount of available space.

The potential gross rate is the total rental income a property can produce if all units were fully leased and rented at market rents with a zero vacancy rate.

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3 0
3 years ago
The United States Airlines Transports how many passengers daily?
SashulF [63]

Answer:

In the United States, the average number of passengers flying per day is 1.73 million.

I think the answer is C

6 0
3 years ago
The guidance for having infant sleep on their back to reduce the incidence of SIDS has a grade of A. Group of answer choices Pro
Lapatulllka [165]

Answer:

The correct answer is letter "D": Recommendations.

Explanation:

Evidence-based public health (EBPH) practice is the application, and assessment of effective public health programs and policies by applying scientific reasoning principles. It includes several recommendations on basic practices that should be followed to avoid future medical conditions.

6 0
3 years ago
When Lofonift Inc. introduced its flagship product, an MP3 player, it captured the MP3 player market by offering its product at
mestny [16]

Answer:

Predatory pricing.

Explanation:

When Lofonift Inc. introduced its flagship product, an MP3 player, it captured the MP3 player market by offering its product at the lowest price in the market. This gradually forced many of its competitors out of business. Once its competitors were out of business, Lofonift Inc. raised its prices. In this scenario, Lofonift Inc. most likely indulged in predatory pricing.

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