Answer:
C. Preferred stockholders will receive the entire $300,000 and they must also be paid the remaining $20,000 sometime in the future before common stockholders will receive any dividends.
Explanation:
Preferred shares have preference over the common shares in respect of dividend. Since $300,000 is paid as dividend, the entire amount has to be paid to the preferred shareholders, as the total amount payable to them as dividend = $1,000,000 * 4 *8% = $320,000, which is more than the total dividend declared.
In addition, as the preferred shares have cumulative dividend preference the shortfall in any year is to be carried forward and paid in the year in which dividends are paid and that too before any dividend is paid to the common shareholders.
Answer:
provide a uniform response to all hazards that a community may face.
Explanation:
Emergency Operation plan is referred to that document which focus on response given to particular emergency. it direct guideline which focus planning for any disaster in efficient and effective way.
It include six element on which this plan work. some of them are listed below:
1- communication
2 -resources and assets
3- safety and security
4 - staff responsibilities
5 -utilities
6 -clinical support
Answer:
All options except A
Explanation:
All the options except productivity (option A) will shift the production possibility curve (PPC) inward.
The factors that shift the PPC inward are; decline in labor demand (increase in unemployment), decrease in capital and technology backwardness.
Unemployment increases during economic recession and increases during economic boom. Recession occurs when there is a decline in aggregate demand; and a decrease in aggregate demand forces businesses to cut jobs, which shifts the production possibility curve inward.
Increase in the price of raw materials elevates the cost of production and the ability of the producer to produce more. Thereby reducing output, hence an inward shift of the PPC.
Mis-allocation of resources causes the business to produce less than its optimum capacity, hence a reduction in output and an eventual inward shift of the PPC.
A natural disaster leads to economic crunch and a decline in aggregate demand, hence an inward shift of the PPC
Answer:
The amount recorded in the building account will be $1,100,000.
Explanation:
Alpine company has asked for bids from various contractor to construct additions in its office building. many contractors replied with a bid offer among which the lowest was $1,200,000. Alpine decided to construct additions itself at a lower cost than the bid received. The amount which is recorded in office building account will be $1,100,000 at which the company has agreed to construct. The accounts of a company should reflect actual expenditures so the amount of $1,100,000 will be actual expenditure of construction which Alpine Company has determined.
