1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
kiruha [24]
3 years ago
8

Black Corporation declared $50,000 cash dividends to shareholders. The coporation has 4,000 shares of $25-par, 5% preferred stoc

k and 15,000 shares of $10-par common stock. The preferred stock is non-cumulative. How much will be distributed to the preferred and common stockholders on the date of payment?
Business
1 answer:
Liono4ka [1.6K]3 years ago
6 0

Answer:

$5,000 will be distributed to preferred stockholders and $45,000 will be distributed among common stockholders.

Explanation:

The accrued dividend on preferred stock based on predetermined rate or amount is known as preferred stock dividend. Preferred stock has priority over common stockholders, It means that dividend will be given to preferred stockholder first.

Preferred stock dividend = 4,000 shares x $25 x 5% = $5,000

Common stock dividend = $50,000 - $5,000 = $45,000

You might be interested in
Jill buys a refrigerator and pays the company to have it delivered. While the contract covers both a good and a service, this tr
Dominik [7]

Answer:

Article 2 of the UCC(Uniform Commercial Code).

Explanation:

UCC is said to be an acronym which stands for the Uniform Commercial Code; this is seen also to govern many different forms of contract interactions. Article 2 in most cases are seen to cover common issues ranging from

i). Goods definition of i.e any tangible item that can be moved.

ii). Situations involving missing terms in a contract, such as a missing quantity, price etc.

iii) Contract modifications and lastly

iv). Exchanges of consideration for items of value.

Alot of research has shown in most cases that article 2 is a popularly cited provision in this body of statutes, since it governs contracts for the sale of goods between merchants or between a merchant and a non-merchant.

3 0
3 years ago
Your task is to take this and construct a graphical representation of the data. in doing so, you determine that as the price of
fenix001 [56]
<span>Your task is to take this and construct a graphical representation of the data. in doing so, you determine that as the price of soup rises, the quantity of soup demanded decreases. This confirms the Law of Supply and Demand which states that the supply is inversely proportional to the demand. Simply speaking, whenever there is an increase in the price, the supplier tends to produce an excess supply even though the demand is low to generate a greater profit.</span>
3 0
3 years ago
Which of the following scenarios makes Tim liable for undue influence? a. He uses a false identity, borrows $10,000 from Kelly,
dedylja [7]

Option C , Tim takes advantage of his grandmother's illness and persuades her to sign a will leaving all her property to him.

Explanation:

A individual who demonstrates excessive control may always be someone who has a special connection with the testator who has had the ability to render the testator vulnerable who affected by terms of danger, difficulty, manipulation.

Undue interference occurs mainly in areas of probate, trust and properties, power of attorney and custody.

Indecent influence is not usually a crime in itself, but it can be a means of committing a crime, including exploitation, fraud, domestic abuse and sexual assault.

8 0
3 years ago
Although you may not have received the e-mail we have been informed that the division head of the Finance Department is leaving
Orlov [11]

Answer:

B.

Explanation:

The sentence is too long and it is missing proper punctuations(like a comma). Reading it without punctuation does not provide room for breathing and therefore needs editing. It will be correct if framed like this; Although you may not have received the e-mail, we have been informed that the division head of the Finance Department is leaving at the end of the month. This sentence has a comma in the right place.

8 0
3 years ago
Phone Tech, a global phone company, frequently needs to respond quickly to fast-changing consumer tastes with its smartphones. T
Elodia [21]

Answer:

The correct answer is: Organic organizational structure          

Explanation:

Organic organizations, also known as the organismic organization, is a flexible organizational structure that is capable of adapting the incorporated changes.

In such an organization, there is <u>minimum job specialization and hierarchy.</u> The workers of an organic organization have <u>no job descriptions and rigid procedures</u>. It contains <u>multi-talented workers that are capable of performing variety of tasks. </u>

Therefore, an organic organization is the most adaptive organizational structure as it can quickly adapt and respond to changes in environment.

<u>Therefore, Phone Tech is utilizing an </u><u>organic organizational structure.</u>

8 0
3 years ago
Other questions:
  • Why is it important to include industry terminology in a résumé??
    10·1 answer
  • Bill and rosie have been happily married for 40 years. they have never spent more than two nights apart. bill has been battling
    15·1 answer
  • How can you know if it’s a good time to start your business A. If you feel excited about it B. There’s never a bad time to start
    7·1 answer
  • Madison Corporation purchased 45% of Jay Corporation for $120,000 on January 1. On June 20 of the same year, Jay Corporation dec
    8·1 answer
  • Suppose the supply function for x units of a product at a price of p dollars is given by p=10+5ln(3x+1). How many units of this
    8·1 answer
  • Suppose the M P C is 0.8 and the current tax rate is 25 % . What is the government purchases multiplier? Specify all answers to
    5·1 answer
  • A fall in the price level: Multiple Choice reduces the value of money in peoples' pockets, so people buy less goods. reduces the
    14·1 answer
  • While people and societies do, indeed, respond to the opportunities and constraints of their physical environments, ________ tak
    12·1 answer
  • Which options are SmartArt categories? Check all that apply.
    8·1 answer
  • Malinda's auto dealership of imported cars made $895,000 in revenue. The manager has determined that the total expenses equal to
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!