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kogti [31]
3 years ago
15

Atlantis Corporation has​ 12,000 shares of​ 14%, $78 par noncumulative preferred stock outstanding and​ 29,000 shares of​ no-par

common stock outstanding. At the end of the current​ year, the corporation declares a dividend of​ $188,000. How is the dividend allocated between preferred and common​ stockholders?
Business
1 answer:
ira [324]3 years ago
7 0

Answer:

The preferred shareholders will be allocated a dividend of $131040 and the common shareholders will be allocated a dividend of $56960.

Explanation:

Total dividend declared =$188000

the allocation of dividends:

Preferred shareholders = (12000×14%)×$ 78

                                       = $ 131040

Common shareholders = Total dividends - preferred shareholders dividend

                                       = $ 188000 - $ 131040

                                       = $ 56960

Therefore, the common shareholders will be allocated dividends of $ 56960 and the preferred shareholders will be allocated dividends of $ 131040.

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Other variable costs per unit subtracted from total cogs per unit equals ________ per unit. contribution margin operating margin
Anastasy [175]

Other variable costs per unit subtracted from total COGS per unit equals contribution margin per unit.

Variable costs are expenses that vary in relation to production output or sales.

Variable costs play an important role in determining a product's contribution margin, which is used to calculate a company's break-even or target profit level.

Variable costs are a direct input in the calculation of contribution margin, which is the number of proceeds collected after deducting variable costs from sale proceeds.

Every dollar of contribution margin goes directly toward covering fixed costs; once all fixed costs are covered, every dollar of contribution margin goes toward profit.

As a result, variable costs are a necessary item for businesses attempting to determine their break-even point.

Hence, contribution margin per unit is the answer.

Learn more about contribution margin:

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6 0
1 year ago
Consider a tax cut which affects not only consumer disposable​ income, but also afterminus−tax earnings from labor supplied to l
noname [10]
<span>in the long run we would expect this tax cut to </span>C.  increase the level of real GDP.
Tax cut will give the private sectors more resources to either increase the number of employees or buy materials for production.
Either decision will lead to an increase in overall productivity which will contribute to additional Gross Domestic Products.
3 0
3 years ago
any constituent who has a claim in some aspect of a company's products, operations, markets, industry, or outcomes is known as w
disa [49]

Answer:

Stakeholders

Explanation:

A stakeholder is anybody to takes key interest in the functioning of an organization. Stakeholder is directly or indirectly affected by the success and failure of the organization. A stakeholder could be an investor who has invested money in the firm; a customer who uses the products manufactured by the firm; a debtor who owes money to the firm or creditor who the firm owes money.

As such, a stakeholder is related to the firm through one or the other medium such as markets, industry or operations.

6 0
3 years ago
During an equal employment opportunity​ (EEO) investigation, the Equal Employment Opportunity Commission​ (EEOC) will issue an o
o-na [289]

Answer: Cause or no cause took place

Explanation: There are various steps taken to determine whether there is reasonable cause (evidence exists that workplace discrimination occurred) between employees took place. The EEOC will investigate this situation by applying the following procedures:

1. The EEOC investigator will request that the charging party and the organisation provide information on the situation. The investigator will then go through this info and make a recommendation on if reasonable cause does exist.

2. If the EEOC investigator determines that reasonable cause exists, then this investigator will issue a letter of determination stating this fact, to all parties involved. All the parties including the investigator will then discuss how to resolve this charge through a process known as conciliation.

3. If however it is determined that reasonable cause for workplace discrimination did not take place, then the investigator will issue the charging party and the organisation with a dismissal and notice of rights document. This document stipulates that the charging party has 90 days to file a lawsuit in federal court if he/she decides to take further action against the organisation.

7 0
3 years ago
Countries with more economic freedom during the past quarter of a century had a lower average per capita GDP.a. Trueb. False Cou
Sphinxa [80]

Answer:

a<u>.False.</u>

a<u>.True.</u>

Explanation:

It is correct to say that a country with more economic freedom during the last quarter of a century had a higher average GDP per capita than other countries with less freedom, this is due to the fact that the greater the economic freedom, the greater the economic growth of the country, which generates an increase in the country's productive capacity, increases demand, supply, the level of employability, the purchasing power of the population, which, integrated, these factors correspond to the increase in the country's quality of life, which increases the GDP per capita.

7 0
3 years ago
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