Answer:
$341,000
Explanation:
The computation of the total amount of dividend paid to the shareholders is shown below:
In case when there is cumulative preferred stock, so the previous year preference dividend should be added to the current year
Preferred dividend is
= 16,000 shares × 7% × $100 par
= $112,000
Now the total preferred dividend is
= $112,000 × 2 years
= $224,000
And, the common shares dividend is
= 60,000 shares × $1.95
= $117,000
So,
Total dividends payable is
= $224,000 + $117,000
= $341,000
Answer:
Option (d) is correct
Explanation:
Globalization refers to integration of a country's economy with that of the world economy. Owing to the concept of globalization, the concept of multi national corporations and outsourcing has witnessed a drastic rise. Due to this, no firm can stay confined till domestic boundaries and at a certain point to serve expansion, has to think globally.
The concept of "think global and act local" means, a firm should ideally expand and make it's products available across the globe. Yet, at the same time, the products must meet and comply with local market requirements i.e same standardized product cannot be served in all countries.
For example, MTV the renowned music channel is available for viewing in almost all countries. Yet, it's programs and music content is not same and differs from country to country.
Thus, such a strategy encompasses same strategy in all countries with room for necessary modifications, so as to satisfy local buyers and serve local markets in the best possible manner.
Answer: $242,567.27
Explanation:
The $5,000 is an annuity as it is being paid every year and is a constant amount.
The value in 19 years is the future value of this annuity:
Future value of annuity = Annuity * ( ( 1 + rate) ^ number of years - 1) / rate
= 5,000 * ( ( 1 + 9.5%)¹⁹ - 1) / 9.5%
= $242,567.27
Answer:
Accounts Receivable Credit- $3061.22
Sales Discount Debit- $61.22
Cash Debit- $3000
Explanation:
Non price competition is competing against others when price isn't the driving force of differentiation. If a local restaurant repairs a new recipe for it's lunch menu it is using the physical characteristic form of non price competition. The restaurant is hoping to differentiate based on the quality and taste of their new lunch item compared with another restaurants.
