Answer:
Find attached complete question:
common stock dividends is $38,960
preferred stock dividends is $5,040
Explanation:
Going by the complete question,preferred stock dividends is computed thus:
preferred stock dividends=number of shares*par value*dividend rate
number of shares is 7000 (issued and outstanding)
par value of share is $12
dividend rate is 6%
preferred stock dividend=7000*$12*6%=$5040
The preferred stockholders would receive $5040 dividends while the remainder of dividends goes to common stockholders as shown below
Total dividends $44,000
preferred stock dividends ($5040)
common stock dividends $38,960
Answer:
Zola's gross income is worked out under community property state;
Explanation:
community property state
Dividends ($1200/2) $600
Interest on certificate of deposit ($900/2) $450
Salary ($80,000/2) $40,000
Gross income $41,050
Under community law system, all the property is deemed to be community property and is held jointly by the spouses unless the property is acquired before marriage or inheritance or gift.
For federal tax purposes, each spouse is taxed one and half of the property belonging to community. Therefore Zola is taxed 50% for the incomes of her spouse as well including the interest on certificate of deposit.
The answer is interest. whenever you take a car loan from a bank or a financial institution, you always have to pay interest on the amount borrowed or the principal amount. the interest is how the financial institution or bank will earn through lending money
Answer:
Flashfone and Pictech
a. If Flashfone prices high, Pictech will make more profit if it chooses a (high,low) __low___ price, and if Flashfone prices low, Pictech will make more profit if it chooses a(high,low)___low____ price.
b. If Pictech prices high, Flashfone will make more profit if it chooses a(high,low)__low____price, and if Pictech prices low, Flashfone will make more profit if it chooses a (high,low) __low____ price.
c. Considering all of the information given, pricing high (is, is not) _is not_ a dominant strategy for both Flashfone and Pictech.
Explanation:
a) Data and Calculations:
Pictech Pricing
High Low
Flashfone Pricing High 11, 11 2, 18
Low 18, 2 10, 10
b) A dominant strategy exists if Pictech or Flashfone would implement a particular strategy that benefits it no matter what the other firm does.
Answer: A) Federal National Mortgage Association pass-throughs.
Explanation:
From the question, we are informed that a resident of Minnesota is in the 28% federal tax bracket and the 4% state tax bracket. This person must pay both federal and state taxes on Federal National Mortgage Association pass-throughs.
It should be noted that the securities of most government agencies in the United States are typically exempted from paying the local and state taxes but they have to pay federal taxes.
