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
Anton [14]
2 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]2 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

You might be interested in
Sid has decided to leave his $70,000-a-year landscape design job and open a new kayak business. His insurance cost is expected t
madreJ [45]

Answer:

The correct answer is $15,500.

Explanation:

According to the scenario, the computation of the given data are as follows:

Revenue = $100,000

Insurance cost = $2,000

Design job leave = $70,000

Rent = $10,000

Annual depreciation = 10% × $25,000 = $2,500

So, we can calculate the economic profit by using following formula:

Economic Profit = Total Revenue - (Explicit cost + Implicit costs)

By putting the value, we get

= $100,000-($70,000 + $2,000 + $10,000 + $2,500)

= $15,500

7 0
3 years ago
A company has two products: standard and deluxe. The company expects to produce 37,775 standard units and 63,640 deluxe units. I
jarptica [38.1K]

Answer:

Results are below.

Explanation:

<u>First, we need to calculate the activity rates for each cost pool:</u>

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Activity 1= 103,850 / (2,500 + 5,250)= $13.4 per unit of activity

Activity 2= 106,000 / (4,500 + 5,500)= $10.6 per unit of activity

Activity 3= 95,120 / (3,000 + 2,800)= $16.4 per unit of activity

<u>Now, we can allocate overhead to Standard:</u>

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Standard:

Activity 1= 13.4*2,500= $33,500

Activity 2= 10.6*4,500= $47,700

Activity 3= 16.4*3,000= $49,200

Total allocated costs= $130,400

<u>Finally, the unitary cost:</u>

Unitary cost= 130,400 / 37,775

Unitary cost= $3.45

7 0
3 years ago
1. The Herfindahl index: Suppose that three firms make up the entire bicycle manufacturing industry. One has a 40% market share,
alukav5142 [94]

Answer:

3400, Rise, C

Explanation:

1. Since there are just 3 firms and two already has a sum total of 70% (40+30), the third firm will have a market share of 30%

HHI= 40^{2}+ 30^{2}+30^{2}\\

HHI= 1600+900+900

HHI= 3400

2. Abe's Bikes with 30% leaves the market, if the two firms were to share Abe's market share equally (15+15), it will leave Firm A with 55% (40+15) and Firm B with (30+15) 45%

Therefore,

HHI= 55^{2}+45^{2}

HHI=3025+2025

HHI= 5050

A rise in HHI

3. C

An index of 10,000 corresponds to a monopoly firm with 100% market share.

3 0
2 years ago
A pizza monopolist employing third-degree price discrimination charges students $10 per pizza and everyone else $15 per pizza St
tangare [24]

Answer:

The price elasticity of demand for the students is:

inelastic.

Explanation:

The price elasticity of demand for the students is inelastic because there is no change in the quantity demanded by students that changes the price at which pizza is sold to the students.  If one student buys the pizza, the price charged remains $10 and if 1,000 students buy the pizza, the price remains $10 per unit.  Therefore, students' demand for the pizza is said to be static irrespective of price because the price is fixed.

8 0
2 years ago
What is the third step of effective communication?
pantera1 [17]
<span>The answer is letter C. 

The third step in communicating properly is to ask for feedback from the person you are talking to. This way you can inquire what are the reflections of the receiver to the message you conveyed. In this manner, you are openly learning to understand the exact situation you are talking about and it can also help in improving how you might convey your message the next time around. <span>
</span></span>
3 0
3 years ago
Read 2 more answers
Other questions:
  • Soar Incorporated is considering eliminating its mountain bike division, which reported an operating loss for the recent year of
    10·1 answer
  • Aloan Co. provides the following sales forecast for the next three months: January February March Sales units 3,000 4,200 5,000
    11·1 answer
  • The Jack Frost Law Firm prepays for advertising in the local newspaper. On January​ 1, the law firm paid $ 11 comma 000 for ten
    5·1 answer
  • _____ research is research that probes systematically into the marketing problem and bases its conclusions on a large sample of
    9·1 answer
  • URGENT!
    9·1 answer
  • Distributors of cigarettes earn some monopoly profits in their local markets but see them slowly erode as substitutes enter the
    9·1 answer
  • Use the Internet to research different outside financing sources available to entrepreneurs. You will need to have at least thre
    15·1 answer
  • Which of the following statements from a hypothetical job advertisement is intended to develop interest in a job?
    9·1 answer
  • Winslow Inc. manufactures and sells three types of shoes. The income statements prepared under the absorption costing method for
    5·1 answer
  • An ice cream manufacturer makes ice cream in two processes, Mixing and Packaging. During April, its first month of business, the
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!