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n200080 [17]
3 years ago
13

Colliers, Inc., has 100,000 shares of cumulative preferred stock outstanding. The preferred stock pays dividends in the amount o

f $2 per share, but because of cash flow problems, the company did not pay any dividends last year. The board of directors plans to pay dividends in the amount of $600,000 this year. Required: What amount will go to preferred stockholders? How much will be available for common stock dividends?
Business
1 answer:
rodikova [14]3 years ago
8 0

Answer:

Preference dividend = $2 x 100,000 shares x 2 years

Preference dividend = $400,000

The dividend paid to common stockholders = $600,000 - $400,000

                                                                         = $200,000

Explanation:

Dividends paid on preference shares are cumulative in nature because preference shares are fixed income securities. The dividends not paid last year would be paid this year. This is the rationale behind the multiplication of preference dividend by 2 years.

The dividend paid to common stockholders is the difference between the total dividend and dividend paid to preferred stockholders.

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Why does compound interest earn more than simple interest
bonufazy [111]

Answer:

Answer to the following question is as follows;

Explanation:

Compound interest accelerates the growth of money because, in response to gaining returns on the investment you invest, you also gain revenue on those yields at the conclusion of each compounding period, which might be daily, monthly, bimonthly, or yearly.

The amount owed of a loan or investment is used to calculate simple interest. Compound interest, on the other hand, is calculated using the principle amount and the inclination that accumulates on it over time.

5 0
3 years ago
Aundria's husband passed away in 2017. Since then, she has maintained a home for herself and her son, Brandon (15). If she does
Paul [167]

Answer:

Qualifying widow(er); $24,400.

Explanation:

If she has a dependent child and has not remarried until two years after her husband's death, she can file as Qualifying Widow (Widower) with Dependent Child.

7 0
3 years ago
Which has a higher flow rate? 10 customers arriving over two hours or 10 customers arriving over three hours?
Tcecarenko [31]

The one that gives a higher flow rate is: 10 customers over 2 hours. The flow rate is 5 customers per hour.

Flow rate is defined as the number of flow units that pass through the business process per unit time.

The flow unit can be money, customers, products, parts, services, etc.

Example of flow rate is number of customers serviced per hour, number of parts produced per minute, etc.

From the definition, the flow rate can be expressed as:

             Flow rate = number of flow unit / time interval

There are 2 scenarios in the given problem.

  • Scenario 1:

Flow unit = 10 customers

Time interval = 2 hours

Hence, the flow rate in scenario 1 = 10/2 = 5 customers per hour

  • Scenario 2:

Flow unit = 10 customers

Time interval = 3 hours

Hence, the flow rate in scenario 2 = 10/3 = 3.33 customers per hour

By comparing the above scenarios, the one that gives higher flow rate is scenario 1, 10 customers over 2 hours.

Read more about flow rate here:

brainly.com/question/14896563

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4 0
2 years ago
Which of the following statements is true?
marissa [1.9K]

Answer: B) A)

Explanation:

  •   This kind of method, direct write-off method is referring to your question and it is considering a method that is used for recognizing bad debts expenses that are coming from credit sales of someone's account. With this method there is no account that is considering allowance and receivable that is found on someones's account is written-off directly to expense when there is uncollectible account expense.
  •   One of the greatest advantages is simplicity because those companies who are doing this method have to make only two transactions.

5 0
3 years ago
Read 2 more answers
In the context of business markets, _____ represents the fact that business buyers tend to be larger in size but fewer in number
tigry1 [53]

Answer:

concentrated demand

Explanation:

Business to business (B2B) salespeople have a very different job than regular salespeople, since every client matters and every client is VIP. B2B buyers know exactly what they want, and they will demand the best possible product at the least possible cost, specially if they are large corporations. The advantage of B2B sales is that one big sale can make a huge difference to your company and yourself. For example, companies that supply auto parts generally have only a few clients, since there are less than 10 car manufacturers in the US, but any sale involves millions of units.

7 0
3 years ago
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