Answer:
$35,000
Explanation:
Given:
1% 35,000 preferred stock is outstanding.
Par value is $100
Amount of preferred stock outstanding = 35,000 × 100
= 3,500,000
Total dividend paid = $900,000
Since preference stockholders have an edge over equity stockholders regarding dividend. They are paid in fill and remaining amount is distributed among common stockholders.
Dividend paid to preferred stockholders = 0.01 × 3,500,000
= $35,000
Preferred stockholders receive $35,000. Remaining amount of $865,000 goes to common stockholders.
Id go with <span>C) Veterans accept being ordered around and are used to harsh working conditions and low pay but have my word I'm not 100% sure.</span>
Answer:
$137,000
Explanation:
The computation of Budgeted cash collections in June is shown below:-
June sales collected in June = June Sales × Sale percentage
= $150,000 × 30%
= $45,000
May sales collected in June = May sales × Following month percentage
= $130,000 × 60%
= $78,000
April sales collected in June = June sales × Following second month percentage
= $140,000 × 10%
= $14,000
Total cash collections in June =June sales collected in June + May sales collected in June + April sales collected in June
= $45,000 + $78,000 + $14,000
= $137,000
Answer:
1. has a large number of substitutes
2. Do not know the answer.
Explanation: