Answer:
The common stockholders will receive a dividend of $100000 in 2015
Explanation:
The preferred stock is non cumulative which means that in case it does not pay dividends in a certain year, the dividends will no be accumulated and the company will not be obliged to pay these dividends in later year.
The per share preferred stock dividend for the company is = 100 * 0.06 = $6
The total dividends on preferred stock per year = 6 * 25000 = $150000
The common stockholders are paid dividends after the preferred stockholders are paid.
Thus, for 2015 the common stockholders will receive a dividend of,
Common stock dividend = 250000 - 150000 = $100000
Answer:
The correct answer is option (B).
Explanation:
According to the scenario, the given data are as follows:
For Jan.1,2020 value = $626,400
Interest rate = 7%
So, we can calculate the amount of bond interest expense by using following formula:
Interest Expense = Carrying Value × Market Interest Rate
By putting the value of following
Interest expense = $626,400 × 7%
= $626,400 × 0.07
= $43,838
Hence, the amount of bond interest expense to be recognized on December 31, 2020, is $43,838.
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Answer:
A.$141.80
Explanation:
Present Value of Trish payments = 
Present Value of Trish payments = $450 + $450 
Present Value of Trish payments = $180,54
Present Value of Josh payments = 
Present Value of Josh payments = $450 
Present Value of Josh payments = $17,912
Difference between two payments = 18054 - 17912 = 141
<span>True. Many automobile companies offer adapted cars for disabled people, for example offering adjusted hand controls, altering access to the vehicle so it is wheelchair accessible or adjusting the space in the back of the vehicle so a wheelchair or mobility scooter can fit.</span>