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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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Where is Nova City Islamabad located? Also is it under progress or has the development been completed?
elena55 [62]

Answer:

Nova City is a prime location in Islamabad

Explanation:

It is a few kilometers away from the New Islamabad International Airport.  It is right next to CPEC Ring Road Interchange and is at the center of twin cities.

The project is not yet launched, but the development of the infrastructure has started that will attract the investors towards the project.

7 0
2 years ago
Which of the following forms of business organizations does not have the pass-through feature of income and losses? a. partnersh
Sauron [17]

Answer:

c. corporation

Explanation:

A corporation is a type of business ownership that recognizes a business as a separate entity from its owners. Legally, a corporation is an independent person with commercial rights like any other person. A corporation is entitled to de business, incur debts, acquires assets, and make profits.

A corporation is expected to file its income tax returns at the end of every financial year. The owners of a corporation or its shareholders are also expected to file their separate income tax returns. An element of double taxation arises the business is taxed, and the owners are also taxed separately. In the other form of business ownership, the business incomes pass as owner's income resulting in single taxation.

3 0
3 years ago
Kirby subscribed to purchase 100 shares of stock to be issued by Globule, Inc., an already existing corporation. Globule accepte
creativ13 [48]

Answer: C. No, but he is liable for another $2 per share.

Explanation:

A stock is not to be issued below its par value as this is the lowest price that it is to be issued at. If a par value is $4 for instance, the stock cannot be issued for anything less than this $4.

In this scenario, the par value is $8 per share which means that Globule Inc. cannot issue this share for less than $8. Kirby in paying only $6, is still liable for $2 so that he can at least pay for the stock at its par value.

8 0
3 years ago
Organizations offer aspiring entrepreneurs in developing countries small loans to help them get their businesses started. these
jolli1 [7]

microcredit

What is microcredit?

Microcredit is the provision of very tiny loans (microloans) to disadvantaged borrowers who lack collateral, consistent employment, or a verified credit history. It is intended to encourage business and alleviate poverty. Many clients are uneducated and hence unable to complete the documentation required for traditional loans.

Microcredit is a subset of microfinance, which provides the needy with a broader range of financial services, including savings accounts. The Grameen Bank, founded in Bangladesh in 1983, is widely regarded as the birthplace of modern microcredit. Despite initial reservations, many regular banks eventually adopted microcredit. 2005 was designated as the International Year of Microcredit by the United Nations. Microcredit is a method that can potentially help to lessen the feminization of poverty in developing countries.

To learn more about Microcredit

brainly.com/question/21182528

#SPJ4

4 0
1 year ago
Consumers often seek bargains by purchasing goods in large quantities; for example, buying in bulk at Costco or buying larger bo
Nimfa-mama [501]

Answer:

The correct answer is the option B: second-degree price discrimination.

Explanation:

To begin with, the term of price discrimination, in marketing and economics, refers to the action of charge different prices to different consumers for the same product that do not vary in quality. This concept states fourth differents degrees in order to use the most beneficial strategy to one's company.

To continue,<em> the second-degree price discrimination</em> establishes that companies price products differently based on the preferences of various groups of consumers and furthermore it is very common to <u>apply this type of discrimination through quantity discounts</u> and to add an example, is very common to use this strategy in <u>warehouse retailers such as Costco.</u>

6 0
3 years ago
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