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PSYCHO15rus [73]
3 years ago
7

M. Bot Corporation has 10,000 shares of 8%, $100 par value, cumulative preferred stock outstanding at December 31, 2022. No divi

dends were declared in 2020 or 2021. If M. Bot wants to pay $375,000 of dividends in 2022, what amount of dividends will common stockholders receive?
Business
1 answer:
Andru [333]3 years ago
7 0

Answer:

$135000

Explanation:

Given: Outstanding cumulative preferred stock of 10000 shares of 8% at $100

            Dividend paid= $375000.

Now, calculating preferred stock.

Preferred stock= (10000 shares\times $100\times 8\%)= \$ 80000

∴ Preferred stock= $80000

Cumulative dividend paid to shareholder= (80000\times 2 + 80000) = \$ 240000.

∴ Cumulative dividend paid to shareholder= $240000

Next, computing the amount of dividends will common stockholder receive.

Total dividend paid= $375000.  

Dividend received by common stockholder= (\textrm {Total dividend paid - cumulative dividend paid})

⇒ Dividend received by common stockholder= (375000-240000)= \$ 135000

∴ $135000 dividend will be received by common stockholder.    

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how much would be in your savings account in 9 years after depositing $160 today if the bank pays 9 percent per year
levacccp [35]

In 9 years after depositing $160, in my savings account would be $289.6

The formula for simple interest and procedure we will use to solve this exercise is:

S.I.= (P*R*T)/100

Where:

  • P = principal
  • R = rate of interest in % per annum
  • T = time

Information about the problem:

  • P = $160
  • R = 9%
  • T = 9 years
  • Total amount = ?

Applying the simple interest formula, we get:

S.I.= (P*R*T)/100

S.I.= (160* 9*9)/100

S.I.= $129.6

Calculating the total amount that would be in my savings account, we get:

Total amount = P + S.I.

Total amount = $160 + $129.6

Total amount = $289.6

<h3>What is simple interest?</h3>

It is the operation in which we calculate the profit produced by a capital loaned at a given percentage.

Learn more about simple interest at: brainly.com/question/20690803

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7 0
1 year ago
Which is TRUE?
fiasKO [112]
D. is correct. Both share responsibility
8 0
3 years ago
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A firm can effectively use its operations function to yield competitive advantage through all of the following except
ira [324]

Answer:

The correct answer is b.setting equipment utilization goals below industry average.

Explanation:

A firm cannot achieve competitive advantage by setting its equipment utilization goals as this will not retain its customers.

If a firm wants to achieve competitive advantage it can achieve it by;

Addressing its customers concerns and customizes the products according to their needs.  

Providing customers their ordered products earlier than other companies lead time, which means increase in speed of delivery and shortens the delivery time.

Bring improvement and advancements in its products by using new technology.

Maintain a variety of different product options to cater the needs of its various customers. Offering them a wide range of products will probably reduce chances of customer switch.

4 0
3 years ago
Schonhardt Corporation's relevant range of activity is 2,500 units to 5,500 units. When it produces and sells 4,000 units, its a
Vladimir [108]

Answer:

c $11,600

Explanation:

At 4,000 units the unit cost for the fixed manufacturing overhead is 2.90 dollars

We multiply it by 4,000 to know the total amount

$2.90 x 4,000 units = $ 11,600

These will be fixed cost thus, will not change when we produce between the relevant rage of 2,500 to 5,500 units

5 0
3 years ago
Many organizations use a(n) ____ interview to remind the employee of contractual obligations, such as nondisclosure agreements,
Law Incorporation [45]

Answer:

The correct answer is 4

Explanation:

Exit interview is a wrap-up interview or the meeting among the management representatives and the person or individual who is leaving a firm either voluntarily or through termination.

But it can be uses by the firm for remanding the employee of the contractual obligations of the person and also to attain the feedback on the tenure of the employee in the firm.

6 0
2 years ago
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