Answer:
$124,000 is the correct answer if we use 6% which is the correct question scenario. If we take 7% then its
Explanation:
The cash dividend announced is $160,000. Remember the first payment goes to preferred shareholders and then the amount left would be distributed among the ordinary shareholders.
The dividend share of Preferred shareholders = 6000 shares * $100 par value * 6% fixed rate = $36,000
After deducting this amount from the dividend announce will go to ordinary shareholders and is calculated as under:
Share of Dividend of ordinary shareholders = $160,000 - $36,000
= $124,000
Similarly if we use 7% fixed rate, then
The dividend share of Preferred shareholders = 6000 shares * $100 par value * 7% fixed rate = $42,000
After deducting this amount from the dividend announce will go to ordinary shareholders and is calculated as under:
Share of Dividend of ordinary shareholders = $160,000 - $42,000
= $124,000
What happens to a monopolistically competitive firm that begins to charge an excessive price for its product? The firm will go out of business.
Answer:
d. lifestyle segmentation
Explanation:
Segmentation is the way in which various criteria is used to seperate the target market of a set of products.
In the given instance Janelle is involved in a lifestyle segment that is categorised on the basis of similar lifestyle.
She likes to run. This is a type of lifestyle, so the groups that she is involved with that also like running are an example of a lifestyle segmentation
Answer:
$900,000
Explanation:
Given that,
Perpetuity payment = $100,000
Annual interest rate = 12.5 percent
Total value of investment should be:
= Perpetuity payment ÷ Annual interest rate
= $100,000 ÷ 0.125
= $800,000 (should be as balance on the date of retirement)
The first payment of $100,000 should be on the date of retirement
Therefore,
Total investment on the date of retirement should be:
= $800,000 + $100,000
= $900,000
1. Security system testing: tracking and monitoring access to the network, PCI 11
2. Access control measure: restricting physical access to customers' card data, PCI 7.
3. Information security policy: documenting software and network security requirements, PCI 12.
4. Network security practice: not using default password or settings, PCI 2.
PCI compliance is the data security standard which applies to all organizations which processes, store or transmit credit card information. The standards are 12 in number.
