If Kingbird wants to pay $420,000 of dividends in 2022. The amount of dividends that the common stockholders will receive is $133,800.
<h3>Dividends </h3>
Using this formula
Remainder allocation to common stockholders=[Total dividend – (Dividiend in arrears + 2022 dividend)
Let plug in the formula
Remainder allocation to common stockholders=[$420,000 – (10,600×9%×100×2)+(10,600×9%×100)
Remainder allocation to common stockholders=[$420,000 – ($190,800+ $95,400)]
Remainder allocation to common stockholders=[$420,000 –$286,200]
Remainder allocation to common stockholders=$133,800
Therefore the amount of dividends will common stockholders receive is $133,800.
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Answer:
a-
[Find solution in the attachment]
a- 2)
Balance of accounts receivable at the end of 2018 = $2,400
Solution b:
Balance of accounts payable at the end of 2018 = $7,100
Solution c:
Gross margin = Sales - COGS = $21,400 - $14,300 = $7,100
Net Income = Gross margin - Operating expenses = $7,100 - $3,900 = $3,200
Solution d:
Cash flow from operating activities = Cash received from customer - Cash paid for accounts payable - Cash paid for operating expenses = $19,000 - $11,900 - $3,900 = $3,200
Answer:
The answer is C.
Explanation:
Inventory turnover is a measure of the number of times inventories are sold during a period of time usually a year.
To calculate inventory turnover:
Cost of goods sold ÷ average inventory
High inventory turnover means that the company's product is in high demand and when the product is in high demand, it means there is an increase in sales.
An increase is demand means new inventory or merchandise are continually available and continually bought.
Answer: exchange
Explanation: Brianna is most likely to use the exchange influence tactic which is given as a tactic that suggests that making express or implied promises and trading favors. This is observed when she proposes that Ollie pay its employees on their breaks instead of making them clock out in response to the new employee end-of-shift policy. The tactics is especially useful for influencing peers and surbodinates.
Answer:
$162,000 and $4,000 loss
Explanation:
The computation of the adjusted basis in the account receivable and the gain or loss is as follows:
As on Nov 1, the foreign currency rate on date of sale is $0.83
The account receivable should be recorded at
= 200,000 × $0.83
= $166,000
Now the foreign currency rate is reduced to $0.81
So the loss is recorded
= ($0.83 - $0.81) × $2,00,000
= $4,000 loss
And, Receivable balance on Dec 31 is
= $166,000 - $4,000
= $162,000
