Answer and Explanation:
The computation is shown below:
For preferred shareholders
The dividend is
= 12,300 shares × 4% × $100
= $49,200
For two years, it would be
= $49,200 × 2
= $98,400
And, the total cash dividend declared is $229,000
So, the cash distribute to common stockholder is
= $229,000 - $98,400
= $130,600
hence, the cash distribute to common stockholder is $130,600
<span>The answer is that the government will be forced to spend $15,000,000.
government imposes a price floor on wheat at $5
there will be a surplus of $3,000,000
</span><span>the government will be forced to spend = $5 x $3,000,000 = $15,000,000</span>
In today's decentralized business world, TOP MANAGERS are the most important strategic decision makers. Decentralization means distribution of decision making power through the hierarchy of an organization. Decentralization has increases in today's business world as it provides a dynamic environment to work.
Though, in decentralization power is also in hands of lower managers, middle managers, etc the top level managers still hold the rights to make decisions.
