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Finger [1]
3 years ago
13

Halverstein Company's outstanding stock consists of 7,000 shares of cumulative 5% preferred stock with a $10 par value and 3,000

shares of common stock with a $1 par value. During the first three years of operation, the corporation declared and paid the following total cash dividends. Year Dividend Declared 2015 $0 2016 $6,000 2017 $32,000 The amount of dividends paid to preferred and common shareholders in 2016 is:$3,500 preferred; $2,500 common.$3,000 preferred; $3,000 common.$0 preferred; $6,000 common.$4,200 preferred; $1,800 common.$6,000 preferred; $0 common.
Business
1 answer:
Alisiya [41]3 years ago
4 0

Answer:

$3,500 preferred; $2,500 common.

$3,000 preferred; $3,000 common.

$0 preferred; $6,000 common.

$4,200 preferred; $1,800 common.

$6,000 preferred; $0 common.

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d. ongoing set of competitive actions and competitive responses between competitors as they maneuver for advantageous market position.

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3 years ago
Who investigates complaints of the Holden Act and takes remedial action as required by law? The Department of Housing and Urban
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Answer:

The Department of Housing and Urban Development

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5 0
3 years ago
At the end of a company's first year of operations, 2,000 units of inventory are on hand. Variable costs are $100 per unit and f
Scilla [17]

Answer:

absorption income higher by $60000

Explanation:

given data

inventory on hand = 2,000 units

Variable costs = $100 per unit

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to find out

higher net income of what amount

solution

we know that Absorption cost and variable cost are different in their treatment of the fixed manufacturing costing

so we use of absorption cost that carry over in fix cost into ending inventory is here

absorption cost that carry over = fixed manufacturing costs × inventory on hand  

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absorption cost that carry over = $60000

so that here this amount is use for variable costing and absorption income higher by $60000

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