1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
marishachu [46]
3 years ago
11

Landers Flynn Inc. has 1,000 shares of $5 cumulative preferred stock outstanding. Dividends were not paid last year. The corpora

tion also has 5,000 shares of common stock outstanding. Landers Flynn declared a $14,000 cash dividend to be paid in the current year.
Required:
Calculate the amount of dividends received by
1. the preferred stockholders;
2. the common stockholders.
Business
1 answer:
yanalaym [24]3 years ago
8 0

Answer:

The preferred stockholders $10,000

Common stockholders $4,000

Explanation:

The cumulative effect of the preferred stock is that the holders are entitled to arrears of dividends, in other words, they would receive this year last year's dividends in addition to current year's.

annual preferred stock dividends=dividend per share*number of preferred stock.

annual preferred stock dividends=$5*1000=$5000

dividends for 2 years=$5000*2=$10,000

common stock dividends=$14,000-$10,000=$4000

You might be interested in
A mother who purchases a new pair of shoes for her 4 year old child can be considered a consumer, but not a customer. true or fa
Sedaia [141]
The answer is false because a customer is a person that buys goods or services from a store of business.  
4 0
3 years ago
The Spokes Bikes makes 18 bicycle models in more than 2 million combinations, with each combination designed to fit the needs of
creativ13 [48]
C.) mass customization
7 0
2 years ago
Read 2 more answers
The computer accessories that Javier is making and
andrezito [222]

Answer:

E. Profit motive

Explanation:

Profit motive can be defined as the intention, motivation or desire to form a business or engage in business ventures so as to generate financial (monetary) gains.

This ultimately implies that, profit motive is a desire for monetary gains (profits) which motivates a business owner to engage in the sales of finished goods or services.

Hence, profit motive is the premise on which all businesses are built on because the ultimate goal of every business is to achieve financial gains.

In this scenario, the computer accessories that Javier is making and selling are bringing in a substantial amount of money for him. Inspired by this success, he decides to hire two people and expand his business.

Thus, this is an example of profit motive.

4 0
3 years ago
You are a stringer for your local newspaper, covering local sports events. For a special football spread, you have taken video f
AVprozaik [17]
<h2>DVD or Portable hard disk or Pen drive would be the right choice to share the video files.</h2>

Explanation:

Dear Sir,

I have an eye-catching content for our local news paper. The content is about "Football game event" scheduled today. I have taken photos and videos pertaining to the event and I am sharing it in the form of "hard drive". The best photos and videos which would be apt for the news paper are selected and shared through hard disk. I hope it would be good resource. Kindly accept.

Regards,

(Name)

Evaluating options or pointers:

Photo / video should be neat and not shaky. You can share photos through google drive too if the size is reasonable.

Photos / videos should have been captured in such a way that it attracts readers and project the significant of the event.

Storage options: Listed in the first line.

5 0
2 years ago
Acme Home Builders, Inc., has build 24 houses so far this year at a total cost to the company of $4.80 million. If the company b
Dmitry_Shevchenko [17]

Answer:

25th house's Marginal cost is $250,000.

Explanation:

Given:

Total cost of 24 houses = $4,800,000

Total cost of 25 houses = $5,050,000

Marginal cost = ?

Computation of marginal cost:

Marginal cost = Change in total cost

Marginal cost = Total cost of 25 houses - Total cost of 24 houses

Marginal cost = $5,050,000 - $4,800,000

Marginal cost = $250,000

So, we say that 25th house's marginal cost will be $250,000 .

5 0
3 years ago
Other questions:
  • What countries are Canada’s top ten service import partners?
    5·1 answer
  • Which agricultural worker cuts down trees with chain-saws?
    11·2 answers
  • A firm has a debt-equity ratio of 57 percent, a total asset turnover of 1.12, and a profit margin of 4.9 percent. The total equi
    11·1 answer
  • Time value Personal Finance Problem Jim Nance has been offered an investment that will pay him ​$500 three years from today.
    8·1 answer
  • Which of the following organizations would be MOST likely to face a dynamic/complex environment? a. Oracle b. Whirlpool c. JCPen
    12·1 answer
  • g Which item is an indication of integrity under the Standards of Ethical​ Conduct? A. Recognize and communicate professional li
    11·2 answers
  • The first US Airline:
    15·2 answers
  • What are the primary competitive forces impacting U.S. steel producers in general and the producers like Nucor that make new ste
    7·2 answers
  • A vendor sells hot dogs at $17.00 /piece. For every hot dog he spends $11.23 in the raw material. Additionally he spends $0.90 f
    11·1 answer
  • The recording, summarizing, and reporting of the economic activities and events of an organization is known as _____.
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!