Answer:
$51,200 was the cash dividends paid
Explanation:
Cash dividends paid=opening cash dividends payable +cash dividends declared-closing cash dividends payable
opening cash dividends payable is $27,000
cash dividends declared is $55,000
closing cash dividends payable is $30,800
cash dividends paid =$27,000+$55,000-$30,800=$51,200
The amount of cash transfers made in respect of shareholders dividends in the year is $51,200.
The logic is that the whatever is left unpaid at year end should be deducted from the balance owed year plus the new dividends declared this year
Answer:
Make; $72,000
Working:
Make ($106*8000) 848,000
Buy [($120*8000 - 40,000)] 920,000
Make increases profits by 72,000
Answer:
Global strategy; Transnational strategy
Explanations:
Companies should choose a global strategy or transnational strategy
A global strategy is a technique used by a firm to expand and compete in the global market. It is the plans made by a firm to grow beyond it's border.
Global strategy covers three other strategies
1. International strategy
2. Multinational strategy
3. Global strategy
A firm adopt global strategy in order to increase its sales of products and Profit.
Transnational strategy is a technique which allows firms to expand sales of goods and services while taking into consideration the difference in culture of people.
Transnational occurs when a company in China wants to expand to other countries like Nigeria. For China to have a smooth operation, it must first take into cognizance our culture and believe.
Answer:
$74.63 per share
Explanation:
The computation of the value of preferred stock is shown below:
As we know that
Value of the preferred stock = Annual dividend rate ÷ Returns on the stock
where,
Dividend on the preferred stock = Dividend rate × Par value
= 11% × $100
= $11
And, the return is 14.74%
So, the value of the preferred stock is
= $11 ÷ 14.74%
= $74.63 per share
<span>Corporation this is the answer
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