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dolphi86 [110]
2 years ago
7

A share of​ 5% preferred stock has a par value of $ 60 and market value of $ 80. The owners of the preferred stock will receive

a cash dividend​ of: (Round your answer to the nearest​ cent.)
Business
1 answer:
S_A_V [24]2 years ago
5 0

Answer:

$3 per share

Explanation:

The computation of the cash dividend received is shown below:

The Cash dividend received = Par value × preferred stock dividend rate

                                        = $60 × 5%

                                       = $3 per share

Simply we multiply the par value with the preferred stock dividend rate so that the dividend per share could be computed

All other information which is given is not relevant. Hence, ignored it

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One of the most important ingredients in bubble tea is the tapioca pearls that are added to the tea. If the price of tapioca flo
Mamont248 [21]

Answer: The correct answer is "d) The supply of bubble tea will decrease.".

Explanation: If everything else remains constant: An increase in the price of tapioca flour causes producers a higher cost, therefore this higher production cost will cause a decrease in supply.

4 0
3 years ago
Which Marriott Luxury brand is MOST LIKELY to provide the timeless glamour of its heritage in pristine locations while offering
Korvikt [17]

Answer:

Bvlgari Hotel

Explanation:

Marriott international hotel brand has joined Bvlgari to launch a new luxury brand of hotels to provide the timeless glamour of its heritage in pristine locations while offering flawless luxury service. Marriot International, inc. is one of the largest hospitality companies in the world. They have announced a joint venture with Bvlgari hotel & resort. Bvlgari hotel & resort is famous for its unique Italian hotel design concept, it has a global footprint, its aims to convey the excitement about the Bvlgari brand and its heritage of magnificent Roman jeweller.

4 0
3 years ago
Westwick Inc. is an advertising agency. Its employees are allowed to take decisions and work in ways that will help maximize the
Anna35 [415]

Answer:

<em>C) Organizational plurality </em>

Explanation:

Organizational plurality is a working environment in which all representatives are encouraged to collaborate in a way that promotes the gains for the company, clients and themselves.

As with the advertising agency, the employees are given chances to follow their decisions and maximize their experience.

5 0
3 years ago
Helix reported the following information in its financial statements. Write-offs of accounts receivable were $200 in the current
olya-2409 [2.1K]

Answer:

the Bad debt Expense for the Year is $250

Explanation:

The computation of the bad debt expense is given below:

Bad debt Expense for the Year is

= Current year of  Allowance for Doubtful Accounts + Write off in Current Year - Prior year of Allowance for Doubtful Accounts  

= $400 + $200 - $350

= $250

Hence, the Bad debt Expense for the Year is $250

7 0
2 years ago
Charlie Company uses a perpetual inventory system. During May, the following transactions and events occurred.
satela [25.4K]

The May transactions for Charlie Company (seller) assuming that Charlie uses a perpetual inventory system are:

Charlie Company Journal entries

May 13

Debit Account receivable $360

(8×$45)

Credit Sales $360

(To record credit sales)

May 13

Debit Cost of goods sold $208

(8×$26)

Credit Merchandise inventory $208

(To record cost of goods sold)

May 16

Debit Sales return and allowances $45

Credit Account receivable $45

(To record goods returned)

May 16

Debit Merchandise inventory $26

Credit Cost of goods sold $26

(To record cost of goods sold returned)

May 23

Debit Cash $302

($315-$13)

Debit Sales discount $13

(4%×$315)

Credit Account receivable $315

($360-$45)

Learn more here:

brainly.com/question/16912611

3 0
2 years ago
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