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garri49 [273]
3 years ago
15

Pearland, Inc. has 8,000 shares of preferred stock outstanding. The preferred stock has a $90 par value, a 13% dividend rate, an

d is noncumulative. If Pearland has sufficient funds to pay dividends, what is the total amount of dividends that will be paid out to preferred stockholders?
A. $34,615
B. $55,385
C. $7,200
D. $93,600
Business
1 answer:
AleksAgata [21]3 years ago
4 0

Answer:

D. $93,600

Explanation:

In order to find the total dividends paid out to the preferred stockholders we need to find the dividend per share and then multiply it by 8,000 as there are 8,000 preferred shares.

Dividend per share =

par value * dividend rate

90*0.13=11.7

Total amount paid to stock holders=

Dividend per share * no of shares

11.7*8,000=93,600

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You own a business which generates $200,000 in profit per year. Someone has offered to buy it from you. Based on a 5 year projec
cluponka [151]

Answer:

The Present worth is $777930.25

Explanation:

FInd the NPV of the cashflows

NPV = 200000/(1+0.09)^1 + 200000/(1+0.09)^2 + 200000/(1+0.09)^3 + 200000/(1+0.09)^4 + 200000/(1+0.09)^5

= $777930.25

Therefore, The Present worth is $777930.25

6 0
3 years ago
Sensitivity analysis:______.
alisha [4.7K]

Answer:

b. helps identify the variable within a project that presents the greatest forecasting risk.

Explanation:

Sensitivity analysis refer to the financial model that measures how the variable i.e. target one should be impacted and depend on the change in the other variable that we called as an input variable

In this, it would help to identify the variable that lies within the project and provide the high risk of forecasting

Therefore the option b is correct

4 0
2 years ago
Smith & Sons obtained a patent for a new optical scanning device. The fees incurred to file for the patent and to defend the
Tatiana [17]

Answer:

$3,750                            

Explanation:

Cost of patent             $45,000

Useful Life                       12

Amortization Expense for 2nd year =$3,750 (45,000/12)

Amortization Expense-Patent  Dr.$3,750

Accumulated Amortization-Patent  Cr.$3,750

4 0
3 years ago
What factors do u look at when which loan is best for you
sergiy2304 [10]
When I don't have money and I know that I can pay in future, if I am not sure that I can pay in future it's not worth full to take loan
4 0
3 years ago
Assume that you are the president of your company and paid a year-end bonus according to the amount of net income earned during
kherson [118]

As the president of the company, at a time when the prices are said to  be rising, what is would do is to choose the Weighted average cost.

<h3>Why I would have to choose the Weighted average cost</h3>

This due to the fact that it is going to be more satisfactory to have the lower Bonus bill.

The year end bonus is an amount that is calculated from all of the net income from the year.

A lower net income is only going going to help to bring about a smaller bonus bill.

At a time when the prices are falling, the FIFO is what would be the best choice. It gives a smaller ending cost of inventory since the ending prices are going to be at their lowest.

Read more on FIFO here: brainly.com/question/12883706

8 0
2 years ago
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