Answer: $32,800
Explanation:
Every year, the preference shareholders are entitled to the following in dividends;
= 14,100 * 4% * 100
= $56,400
These shares are cumulative which means that if dividends are not paid in one year, they will have to be accured and paid in another.
No dividends were paid in 2019.
In 2020, dividends were $101,000
Preference shareholders would get dividends for both 2019 and 2020 from here so;
= 56,400 + 56,400
= $112,800
They will take all $101,000 and still be owed;
= 112,800 - 101,000
=$ 11,800
In 2021, their Preference dividends will be;
= 56,400 + 11,800
= $68,200
Amount left for Common shareholders in 2021 will therefore be;
= 101,000 - 68,200
= $32,800
Answer:
If you only pay the minimum each month, your debt might become spread out over a longer period of time and interest charges may increase over time. This is not an effective strategy, and depending on the provider, you may end up paying more that what you needed to pay off.
Explanation:
Hope this helped!
The sign of each coefficient indicates the direction of the relationship between a predictor variable and the response variable. A positive sign indicates that as the predictor variable increases, the response variable also increases.
What do the estimates of the regression coefficients tell us?
You may determine if each independent variable and the dependent variable have a positive or negative association by looking at the sign of a regression coefficient. A positive coefficient means that the mean of the dependent variable tends to rise when the value of the independent variable rises.
What is predictor and response variable in regression?
The risk factors and confounders are referred to as the predictors, or explanatory or independent variables, whereas the outcome variable is also known as the response or dependent variable. The independent variables are designated by "X" while the dependent variable is denoted by "Y" in regression analysis.
Learn more about predictor and response variable in regression: brainly.com/question/14144041
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