Answer:
We can assume that Sparks Corporation is going to pay preferred stockholders first:
preferred stock dividends = $100 x 8% x 3,000 = $24,000
If the corporation doesn't owe any previous dividends to preferred stockholders, then the remaining $81,000 (= $105,000 - $24,000) should be distributed to common stockholders.
Each preferred stock will receive a $8 dividend. I don't know the amount of outstanding common stock, so it is not possible to determine how much dividend will be distributed for each common stock outstanding.
Answer:
A) Q1 = 20 and Q2 = 60
Explanation:
Please find the attached file with the solution.
Answer:
$99,200
Explanation:
Calculation to determine The effect of these events and transactions on 2020 income from continuing operations net of tax would be
Using this formula
Effect income from continuing operations net of tax=Strike loss amount-(Strike loss amount*Tax rate )
Let plug in the formula
Effect income from continuing operations net of tax=$124,000 - ($124,000 × .20)
Effect income from continuing operations net of tax=$124,000-$24,800
Effect income from continuing operations net of tax=$99,200
Therefore The effect of these events and transactions on 2020 income from continuing operations net of tax would be $99,200
Answer: $1,591.80
Explanation:
This is an annuity as the deposits are constant.
The Future value of an annuity is;
= Annuity * Future value interest factor of annuity, 6% , 3 years
= 500 * 3.1836
= $1,591.80
Answer:
true
Explanation:
it is true about the number of percentage
