Answer:
the annual dividend on the preferred stock is $60,000
Explanation:
The computation of the annual dividend on the preferred stock is shown below:
= Number of shares × par value per share × dividend percentage
= 8,000 shares × $125 × 6%
= $60,000
Hence, the annual dividend on the preferred stock is $60,000
We simply applied the above formula and the same is relevant
Answer:
individual transfer rights system.
Explanation:
Some countries use market-based systems to help control access to fisheries. One such program is the individual transfer rights system.
An individual transfer rights (ITR) system can be defined as a system in which the government of a particular country gives each fishing vessel or owner a specific percentage of the total fish allowable to be caught each year.
Answer:
D. Economic resources = creditor financing + owner financing
Explanation:
The economic resources in accounting are:
- the liablities; which represent the loans and credit term made by third parties (creditor financing)
- and equity which represent both, the actual nvestment and the retained earnings(owner financing)
Both, are used to obtain an maintain the assets which arethe economic use of the resources.
Answer:
Dividend yield = 9.67%
Explanation:
Dividend growth rate = Average rate of increase in dividend = 3,8%
Next annual dividend = Annual dividend just paid * (100% + Dividend growth rate) = $2.62 * (100% + 3.8%) = $2.71956
Dividend yield = Next annual dividend / Current share selling price = $2.71956 / $28.12 = 0.0967, or 9.67%
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