Being an entrepreneur can be very stressful and sometimes seem like you may not reach your goal. Optimism can calm you down to make the decision that is better over time rather than rushing into a bad decision that seems good.
Answer:
Dividend of preferred shares = No of shares * Dividend percent * Par value of shares = 2,000 * 7% * $50 = $7,000
Hence, dividend in arrears for the year 2019 and 2020 is $14,000 ($7,000+$7,000). Dividend for 2021 is $7,000
Description Amount
Preferred dividend in arrear for the year 2019 and 2020 $14,000
Add: Preferred dividend for the year 2021 <u>$7,000</u>
Total preferred dividend $21,000
Less: Total dividend <u>$23,000</u>
Dividend for common shareholder (<u>$2,000)</u>
Hence, dividend paid for cumulative preferred share in the year 2021 is $21,000 and the amount paid for common shareholders is $2,000
Answer:
Marketing synergies
Explanation:
Marketing synergies refers to the combination of two or more marketing initiatives that produces an effect that is greater than the sum of the results of implementing each of them alone. Also, this helps to save money by combining the efforts. According to this, the answer is that this allows Apple to enjoy cost savings due to marketing synergies because the professional segment of medium/large businesses is interested in purchasing all of the items in the product line which allows to create synergies.
Answer:
........................Income Statement for the month of June...............................
Service Revenue.....................................................................$5,544
Less Expenses
Rent Expense .................................................$440
Utilities Expense.............................................$220
Salaries and Wages Expense......................$880
Gasoline Expense...........................................<u>$88</u>
Total Expenses .........................................................................(<u>$1,628)</u>
Net Income (Loss).............................................................$3,916
Service revenue = Services performed on the 5th + Services performed on the 20th
= 4,224 + 1,320
= $5,544
