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givi [52]
3 years ago
7

On December 31, 20X2 and 20X3, Apex Co. had 3,000 shares of $100 par, 5% cumulative preferred stock outstanding. No dividends we

re in arrears as of December 31, 20X1. Apex did not declare a dividend during 20X2. During 20X3, Apex paid a cash dividend of $10,000 on its preferred stock. Apex should report dividends in arrears in its 20X3 financial statements as a (an) __________ .
Business
1 answer:
Anarel [89]3 years ago
7 0

Answer: the correct answer is a disclosure of $20,000

Explanation:

The annual preferred stock dividend is $15,000 = 3,000 x $100 x 5%. Total dividends in arrears at the end of 20X3 are therefore $20,000 = 2 years x $15,000 - $10,000 paid.

Dividends in arrears are footnoted only. They are not recognized as a liability until they are declared.

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You're welcome. As a first step, our team analyzed the other potential primary contenders. The reality is that with such a stron
SCORPION-xisa [38]

Below is the complete question:

CANDIDATE: Thank you for agreeing to conduct some research to assess my potential as a candidate in the upcoming election.

CONSULTANT: You're welcome. As a first step, our team analyzed the other potential primary contenders. The reality is that with such a strong field, it is going to be difficult to gain the _______ of votes necessary to avoid a runoff unless you want to go negative from the start.

Answer:

Majority

Explanation:

The reality is that with such a strong field, it is going to be difficult to gain the MAJORITY of votes necessary to avoid a runoff unless you want to go negative from the start.

8 0
3 years ago
A sales training workshop devoted to communicating the importance of obtaining marketing information from customers would be aim
stich3 [128]

Answer:

the considerate.

Explanation:

The considerate -

According to english language , the meaning of considerate is being very polite , calm and caring.

Hence, from the scenario of the question,  

The salespeople need to adapt considerate , i.e. tries to be calm and compose , in order to sell their product , which act as their strategy of selling the product.

Hence,

The correct term is the considerate.

4 0
3 years ago
For which market structure do economists have the least precise model of price​ determination?
sasho [114]
<span>The market structure for which economists have the least precise model of price​ determination is oligopoly.

</span><span><span>Oligopoly is a market structure in which a small number of firms has the large majority of market share.</span></span>
4 0
2 years ago
Precision Paper Products produces both paper towels and paper napkins. The production process begins with the receipt and pulpin
alexdok [17]

Answer:

d. The maintenance costs associated with the napkin folding machine.

Explanation:

The cost that required one or more processors to produced a final product is known as joint cost

Here in the given question, the maintenance cost is not considered to be a joint cost as this cost are associated with the paper napkins

Also, the pulping, screening, rolling, etc are considered to be joint cost

Hence, the correct option is d.

4 0
3 years ago
What is the point at which supply and demand intersect at a given price?
WINSTONCH [101]
The answer is an equilibrium point. In economics, this relates to the condition of the economic forces in which supplies and demand meet meaning the demand is equal to the supplies of the certain product. It is set by increasing or decreasing the price of a good in response to the movement of the supply and demand in the market. 
8 0
3 years ago
Read 2 more answers
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