One significant difference between the beginning of the great depression and the economic fallout of the covid-19 epidemic in 2020 is great depression is caused by the collapse of the stock market whereas the economic fallout during the pandemic is caused by the shutdown of industries due to lockdown.
<h3>What was the Great depression?</h3>
The Great depression referred to the economic downfall that caused to collapse of the stock market in 1929 due to which the economic stability of the United States become poor and a huge crisis was faced.
The production was halted and a lockdown was established as a result of the widespread diseases, which made the economy worse because there was still consumption but no longer have any economic stability.
Learn more about the great depression, here:
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Answer:
In 2021, preferred stockholders will be paid $9000 dividends while common stockholders will be paid $1000 in dividends.
Explanation:
The preferred share are cumulative which means that they accrue dividends in case the company is unable to pay dividend in a certain year. This means that the company needs to pay the preferred dividend in future whenever it declares dividends if it has not paid the dividend on preferred share in the previous years.
The preferred dividends are paid prior to the common stockholders.
Thus, the dividend for 2019 and 2020 will be paid along with that of 2021 when the company pays dividends in 2021.
The preferred dividend per year is = 50 * 0.06 * 1000 = $3000
The accrued preferred dividends for 2019 and 2020 are = 3000 * 2 = 6000
Preferred dividend to be paid in 2021 = 6000 + 3000 = $9000
Common stock dividends to be paid in 2021 = 10000 - 9000 = $1000
Explanation:
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The highest price for the stock is $22.00.
<u>Explanation</u>:
<u>Given</u>:
- Hallowell Inc has a free cash flow of $2.5 million and 1.25 million shares.
- The cash flow ratio for the company is 11.
<u>Solution</u>:
For one stock the cash flow ratio is 11.
Then the highest price we should pay is $22.00.
So we should pay $22.00 for one stock.
Therefore the highest price we should pay for the stock is $22.00
To obtain a drivers license you must have a permit first.
-You must drive daily and "do not" get stopped by the cops while you have your permit or you wont get your license.
-While having your permit you must have a passenger 18 or older by your side at all times while driving with a permit.
-You must read the book of license. (DMV Drivers License Booklet)
-If you want more information about how to get your license, i suggest you read the DMV booklet.
Hope this answer helped!:)
