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babymother [125]
3 years ago
10

On December 31, 2015, Alpha Corporation has outstanding 1,000 shares of $100 par value, 7% cumulative and nonparticipating prefe

rred stock, and 20,000 shares of $10 par value common stock. No dividends were paid in 2015. During 2016, Alpha distributed $40,000 in dividends. Use this information to determine for the 2016 the dollar amount of dividends that will be distributed to:
Business
1 answer:
den301095 [7]3 years ago
4 0

Answer:

The dollar amount of dividends that will be distributed for the 2016 is $0.26

Explanation:

The dividend distributed to preferred stock = 7% x 20,000 shares x $10 par value = $14,000

The dividend distributed to common share = total distribituion of $40,000 – distributed to preferred stock $14,000 = $26,000

The earning per common share (EPS) = Total dividend distributed/ number of shares outstanding = $26,000/ 1,000 shares = $26

The dollar amount of dividends = EPS/ par value = $26/ $100 = $0.26

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8 0
3 years ago
Which of the following is an example of a sunk​ cost? A. The amount a company pays for labor to produce its product. B. The oppo
Elenna [48]

Answer:

D. The amount a company originally paid for specialized equipment for a plant.

Explanation:

A sunk cost is the expenditure that a company has already incurred and cannot be retrieved or taken back. In other words, a sunk cost can be defined as the expenditure that is already paid and cannot be taken back.

Among the given options, an example of a sunk cost is the amount a company paid for specialized equipment. This is a prepaid amount that cannot be canceled or taken back, resulting in a fixed expenditure and can no longer be recovered.

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7 0
3 years ago
Kay’s dog-walking service is a profit-maximizing, competitive firm. Kay walks dogs for $7.50 each. Her total cost each day is $4
devlian [24]

Answer:

Because he is able to cover the variable cots, he should keep going in the short run. He must increase the number of walks to cover the fixed costs.

Explanation:

Giving the following information:

Kay walks dogs for $7.50 each. Her total cost each day is $45—she spends $35 a day on gas driving to different neighborhoods, and her liability insurance and other fixed costs average out to $10 per day.

Kay walks five dogs a day.

Income= 7.5*5= $37.5

Total cost= 45

Loss= (7.5)

Because he is able to cover the variable cots, he should keep going in the short run. He must increase the number of walks to cover the fixed costs.

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3 years ago
Question 832 pts
Zigmanuir [339]
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3 years ago
________ defense involves occupying the most desirable market space in the minds of the consumers and making the brand almost im
AleksandrR [38]

Answer:

Position Defense

Explanation:

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