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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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Hal Gore won a $2.1 million prize for special contributions to environmental research. This prize is awarded for public achievem
ioda

Answer:

1.53 Million

Explanation:

The reason is that the Environment Protection Agency is a qualified organization and donations made to qualified organization are allowable expense under the US tax rules, so the gross income will include a net amount which is the actual amount left for Hal Gore and which is $1.53 million ($2.1 m - 0.57).

8 0
3 years ago
ABC Corporation uses the weighted-average method in its process costing system.
Troyanec [42]

Answer

The answer and procedures of the exercise are attached in the following archives.

Step-by-step explanation:

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.  

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7 0
2 years ago
"when the assembly line was applied to more industries, america entered the:"
myrzilka [38]
<span>Production economy. This was a period when America was less on exporting raw goods and more into processed goods, which have greater value because of the processes that made it more manageable and usable by the public or other industries.</span>
3 0
3 years ago
Which of the following scenarios illustrates cost-push inflation?(1 point)
Crazy boy [7]

Answer:

1. Inflation is best described as _____.

- an upward, general trend of prices in the economy

2. Which of the following scenarios illustrates cost-push inflation?

- An increase in the price of raw materials decreases aggregate supply, pushing prices higher throughout the economy.

3. The Consumer Price Index in 2018 was 251. In 2019, the CPI rose to 257. Calculate the inflation rate from 2018 to 2019. Round your answer to the nearest tenth of a percent.

- 2.4%

4. The Consumer Price Index of any given year provides _____.

- the relative price of a basket of consumer goods as compared to base year prices

5. The rate of inflation in a hypothetical economy is projected to be 1.5% in the coming quarter. Given this information, the Federal Reserve is likely to _____.

- make efforts to raise the inflation rate because 1.5% is below the desired rate of inflation

Explanation:

Mark me braliest

These are 100% correct

3 0
2 years ago
Adams Company is a manufacturing company that has worked on several production jobs during the first quarter of the year. Below
Paha777 [63]

Answer:

d.$1,685

Explanation:

Though many jobs were completed, but only Job 356 and 357 were sold.

Cost of Goods Sold = cost of job 356 +cost of job 357

= $450 + $1,235

= $1,685

5 0
2 years ago
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