Answer:
$ 175,900.00
Explanation:
Yearly preferred stock dividends=number of preferred shares*dividend percentage*par value
yearly preferred stock dividends=77,000*5%*$10=$ 38,500.00
Since preferred stock is cumulative it implies that dividends in arrears for last year must be paid alongside this year dividends
dividends to preferred stock=$ 38,500*2=$77,000.00
common stockholders' dividends=total dividends-preferred stock dividends=$252,900-$77,000=$ 175,900.00
Under the following acts firms usually support their employees;
- Complying with the Family and Medical Leave Act
- Establishing programs for elder care
- Developing child care programs
The employees need this kind of assistance from the firms as they cannot support their families financially.
In the first act like medical and leave act he can take leave suitable for medical purposes like the pregnancy with her wife. In the developed world these acts in firms are working while the developing states are still focusing on them.
Firms can rehabilitate the elders and provide them better and hygienic life, and they are facilitated by the services like gaming, etc.
For children, firms can provide them with good education and an environment for social development. Children could be facilitated by the sports and parks etc.
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Answer:
$8,500
Explanation:
The computation of the cash balance at the end of March is shown below:
Opening Cash Balance $3,000
Add: Cash Collection from Sales $53,500 (($50,000 × 65%) +($60,000 × 35%)
Total Cash Available $56,500
Less: Cash Payments
Inventory $19,000 (($20,000 × 50%) + ($18000 × 50%)
S&A Expense $4,000
Loan & Int Payment $25,000
Depreciation - (Non Cash Expense)
Closing Cash Balance $8,500
We simply added the cash receipts and deduct the cash payments to the opening cash balance so that the ending cash balance could come
Answer:
C. Reteach the concept with alternative examples
Answer:
B. $497,000
Explanation:
Consolidated Balance of Equipment
Excess value at the acquisition $110,000
($350,000-$240000)
Book value as on Dec 31 2018 of Ford $170,000
Book value as on Dec 31 2018 of Regent $250,000
Less: excess depreciation <u>-$33,000 </u> ($110,000/10*3)
Consolidated balance of equipment <u>$497,000</u>