Economy. And it may be good on the environment, but economy is what best fits this question.
Answer:
A $18, 375.63
Explanation:
The amount to be deposited is $15,000
Interest rate is 7 percent
time is 3 years
the future value will be; the applicable formula
A = p x ( 1 + r) ^n
A = $15,000 x ( 1 + 7/100) ^ 3
A= $15,000 x 1.225043
A=$18,375. 64
Answer:
Unlimited
Explanation:
GIven that:
You short-sell 200 shares of Tuckerton Trading Co
now selling for $50 per share.
If a short-sell occurs on a trade, the lower the share price, the higher the profit your are liable to achieve but if short-sell occurs and the share price is higher, then the more loss you're going to accumulate.
From the question, the lowest possible share price is zero and the highest possible share price is infinity since there is no stop loss.
∴
The maximum possible loss = 200 × 50( 1 - infinity share price)
= Unlimited loss
Answer:
$12,000
Explanation:
total preferred dividends per year = 1,200 x $50 x 5% = $3,000
since they were not paid during the past three years, and they are cumulative, the total preferred dividends = $3,000 x 4 = $12,000
common stock dividends = total dividends - accumulated preferred dividends = $25,000 - $12,000 = $13,000
cumulative preferred stocks that are not paid in the past, must be paid before any common dividends are paid