Answer:
the amount of dividends received by the common stockholders in 2017 is $91,000
Explanation:
Holders of Common Stock receive their dividends after Holders of preferred stock have received their share.This is because the Holders of preferred stock have first preference over Holders of Common Stock
Note : The Preference Shares are non-cumulative. Meaning that any dividends arrears will not be accumulated in other years.
<u>Calculation of Dividends attributable to common stockholders</u>
Dividend Declared and Paid - 2017 $156000
<em>Less</em> Preference Dividend(13000×100×5%) ($65,000)
Dividends attributable to common stockholders $91,000
1. Because only 25% of the foreign investment went from MDCs to LDCs.
2. Money is not invested evenly among LDCs (most money went to China).
Answer:
$7,500
Explanation:
A few points must be considered in order to calculate ther realized gain.
1. Although Robert's stock in Lebec Corporation was $15,000 at cost, it was sold to Karen (his sister and related party) for $8000. Since it is related party transaction, the loss of $7000 ($15,000-$8,000) cannot be reported as a loss.
2. Karen's basis for the stock is $8000 (the amount she bought it from her brother).
3. Karen sold the stock to Dana for $15,500. The realized gain since Dana is not related is $15,500-$8,000= $7,500. This becomes the realized gain since it is an unrelated party transaction.
Answer:
Perfect competition is a market situation by means of which no supplier can influence or determine the price of a good or service, as long as there is a multiplicity of suppliers who offer a homogeneous good, equivalent to that of the other suppliers. These goods, therefore, would not have differences between them (an example could be the fruit market), and therefore buyers could decide to buy from those sellers who offer the best prices. In this way, perfect competition would be generated between the bidders, who through their price would seek to attract buyers. For this type of competition (in theory, since in practice it is almost impossible) to occur, it requires a market without any type of barriers, with a product with the same characteristics, a high number of market players and abundant information about each of the products.
