Answer:
$5,000 and $7,500
Explanation:
For computing the preferred dividend and common shares dividend, first, we have to find out the yearly dividend which is shown below:
= Number of shares × par value per share × dividend rate
= 1,000 shares × $100 × 5%
= $5,000
The total dividend declared is $12,500
Out of $12,500, the $5,000 will be paid to preferred stockholders and the remaining $7,500 will be paid to common shares
Answer:
The deposits will double the initial investment after 5.67 periods
Explanation:
we solve for the time n at which a principal of 1 at 13% interest rate become 2
Commodity means a product that can can be bought and sold
Answer:
A
Explanation:
consumers reduce spending because of a recession
