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Anton [14]
3 years ago
9

Atlantis Corporation has 10 comma 000 shares of 12 ​%, $ 84.00 par noncumulative preferred stock outstanding and 20 comma 000 sh

ares of nominus par common stock outstanding. At the end of the current​ year, the corporation declares a dividend of $ 194 comma 000 . How is the dividend allocated between preferred and common​ stockholders?
Business
1 answer:
Masteriza [31]3 years ago
8 0

Answer:

Explanation:

The dividend allocated between preferred and common shareholders is:-The dividend is allocated $100800 to preferred shareholders & $93200to common shareholders.

Explanation:-

Total dividend declared =$194000

Dividend to preferred shareholders = ($10,000 shares*$84per share)*12%

=$100800

Dividend to common shareholders= Total dividend declared- Dividend to preferred shareholders

=$194000-$100800

=$93200

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What are products that consumers demand less of when their income rises
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Answer:

what are products that consumers demand less of when their income rises

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a portfolio business that generates operating cash flows over and above internal requirements, thereby providing financial resou
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A cash cow is a portfolio business that generates operating cash flows over and above internal requirements, thereby providing financial resources that may be used to <u>finance new acquisitions, fund share buyback programs, or pay dividends.</u>

What is portfolio?
A portfolio is a group of financial investments such as stocks, bonds, commodity markets, cash, and cash equivalents, which may include closed-end funds and exchange traded funds (ETFs). People commonly believe that stocks, securities, and cash form the foundation of a portfolio. While this is frequently the case, it does not have to be the rule. A portfolio may include a diverse range of assets, such as real estate, art, and investments.

You can hold and manage your portfolio a do, or you can have it managed by a money manager, money manager, or another finance professional.

Therefore, the correct option is (B) cash cow
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7 0
1 year ago
Henry is proposing to change the manufacturing process at his organization’s cement production plant in order to reduce carbon e
olga2289 [7]

Answer:

Henry is analyzing - "Would it be ethical not to take action?"

Explanation:

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3 years ago
Mike and Mary Jane Lee have a yearly income of $79,352 and own a house worth $102,100, two cars worth a total of $ 19,907 and fu
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Answer:

Total assets            $

Building                102,100

Motor vehicle       19,907

Furniture               <u>10.442</u>

Total assets          <u>132,449</u>

<u></u>

Total liabilities        $

Mortgage loan      58,347

Outstanding loan  2,567

Utility bills unpaid <u>242</u>

Total liabilities       <u> 61,156</u>

Debt ratio = Total liabilities   x 100

                     Total assets

Debt ratio = $61,156   x   100

                     $132,449

Debt ratio = 46.17%

Explanation:

In this case, there is need to calculate the total assets, which is the aggregate of building, motor vehicle and furniture.

We also need to calculate the total liabilities, which is the aggregate of mortgage loan, car loan outstanding and utility bills unpaid.

Debt ratio is obtained by dividing total liabilities by total assets multiplied by 100.

8 0
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