A toaster connect it to an app on your phone that tells you when your toast is donr, or when the toaster needs to be cleaned or repaired.
oh and also a camera so you can see your bread turn into toast cuz y not
Answer:
The divided for common stockholders is $152000
Explanation:
The preferred stock is cumulative whch means any arrears in preference dividend will be paid whenever the dividend is declared.
The amount of yearly preference dividends is = 12000 * 100 * 0.07 = 84000
Thus, when 320000 cash dividend is declared, 2 years ( current year and arrear year) preference dividend will be paid first and the remaining will be distributed among common stock holders.
The dividedn for common stockholders is 320000 - (84000 * 2) = $152000
Answer
The answer and procedures of the exercise are attached in the following archives.
Step-by-step explanation:
You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.
Answer:
The amount of money created will be $1,250,000
Explanation:
In order to find the maximum amount of money that will be created in the banking system as a result of a deposit, we need to find the money multiplier.
Multiplier = 1/reserve ration = 1/0.2 = 5
The amount of money created = Multiplier *Initial deposit
Amount of money created = 5* 250,000
= 1,250,000
