Answer:
Dividend - Preferred stock = $120000
Dividend - Common stock = $680000
Explanation:
The amount of dividend that is paid to each class of stock can be calculated by first calculating the dividend payable to preferred stock. The amount of dividend on preferred stock is fixed and is paid before the common stockholders are paid. Thus, dividend on preferred stock per year is,
Dividend - Preferred stock = 10000 * 200 * 0.06 = $120000
Thus, out of $800000 cash dividends, $120000 will be paid on the cumulative preferred stock.
Remaining dividend = 800000 - 120000 = $680000
The remaining $680000 will be paid to the common stockholders.
Answer:
D) Higher taxes
Explanation:
By increasing the taxes and reducing the spending it will reduce the demand in the economy (the goverment spending will be lower wehile the indivbiduals will have less disposable income as taxes increase)
If the economy was healty enought will lead to economic growth and reduce inflationary pressures.
If the country face a high inflation and negative growth, would end up with lower income and higher unemployment. Thus damaging to the economy without solving the inflation problem.
I think the reason why the normality of these two proportions is assumed because of n(3.13159) greater than or equal to 10 and n(1 - 3.13159) is greater than or equal to 10. Therefore, for each sample in this research, it must be taken separately.
Answer:
assets, liabilities, common stock, retained earnings, dividends, revenues, and expenses
Explanation:
General Ledger accounts are prepared to sort and summarize various accounts.
The order followed while presenting general ledger accounts has balance sheet items i.e assets and liabilities presented first followed with income statement items.
Assets and liabilities come first. Assets refer to items of value or something that yields future benefits. Liabilities refer to obligations which are owed and need to be discharged in future.
Retained earnings refer to retained profits which are pumped back into the business.
Revenues and expenses are costs or incomes arising out of routine business activities.