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Dmitrij [34]
3 years ago
13

Why did hoover help businesses rather than individuals?

Business
1 answer:
Margarita [4]3 years ago
6 0
He believed that by helping business, he was also helping individuals
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Shamrock, Inc. has 13000 shares of 5%, $100 par value, non-cumulative preferred stock and 52000 shares of $1 par value common st
ANTONII [103]

Answer:

the amount of dividends received by the common stockholders in 2017 is  $91,000

Explanation:

Holders of Common Stock receive their dividends after Holders of preferred stock have received their share.This is because the Holders of preferred stock  have first preference over Holders of Common Stock

Note : The Preference Shares are non-cumulative. Meaning that any dividends arrears will not be accumulated in other years.

<u>Calculation of Dividends attributable to common stockholders</u>

Dividend Declared and Paid - 2017                       $156000

<em>Less</em> Preference Dividend(13000×100×5%)          ($65,000)

Dividends attributable to common stockholders  $91,000

8 0
4 years ago
Read 2 more answers
Which of the following would have the same meaning add capitalism or a market economy
zysi [14]
Whats the whole question?

5 0
4 years ago
During 2017 sales on account were $866000 and collections on account were $522000. Also during 2017 the company wrote off $42500
Komok [63]

Answer:

There is a change of $27,500 (decrease)

Explanation:

Cash realizable value is the amount of money that the company expects to receive from their accounts receivable after deducting all uncollectible accounts.

First, we must compute the change in gross accounts receivable from the transactions happened during the year.

Sales on account less collections less write-offs = change in Gross accounts receivable.

$866,000 - ($522,000 + $42,500) = $301,500 (increase in gross accounts receivable)

Finally, we can now compute the change in cash realization value by deducting uncollectible accounts to gross accounts receivable.

$301,500 - $329,000 = ($27,500)

4 0
4 years ago
On january 1, a company issues bonds dated january 1 with a par value of $360,000. the bonds mature in 5 years. the contract rat
MaRussiya [10]
An old fashion calculator to calculate the the number of the money and which the percentage what is was interest
5 0
4 years ago
The marginal propensity to expend is 0.5 and there is a recessionary gap of $200. What fiscal policy would you recommend? (Assum
nlexa [21]

Answer: A. Expansionary fiscal policy, increase government expenditures by $100, or cut taxes by $200.

Explanation:

Recessionary gap = $200

Marginal Prospensity to Consume = 0.5

Spending multiplier will them be calculated as:

= 1/(1-0.5)

= 2

Tax multiplier will be:

= -0.5/(1-.5)

= -1

Therefore, the answer is option A"Expansionary fiscal policy, increase government expenditures by $100, or cut taxes by $200"

6 0
3 years ago
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