Answer:
C) $1000
Explanation:
First lets calculate the cumulative preferred stock dividend for 2 years
(1000 * 10 ) * 5% = 500 / year
so for 2 years = $1000 since it is cumulative and not paid in one year is added to next year.
Total dividend payable = $2000
so for common stock whatever is left over is paid thus,
Common stock share = Total - Preferred cumulative = 2000 - 1000 = $1000
Hope that helps.
Answer:
C
Explanation:
Money neutrality is a theory which submits that money supply only affect nominal variable and not real variables.
Nominal variables include price, wages and exchange rate
real variables include employment and real GDP
Money is only neutral in the long run and not in the short run because of money illusion. Money illusion causes economic agents to respond to money supply changes.
Money is neutral only in the long run
Answer: Gus should keep the files A. and D.
Explanation:
I don’t believe that he should keep B. due to D. showing an update to B. so, he shouldn’t keep B. so that he doesn’t get confused by both B. and D. being in the files.
Calculation of Commission earned:
We are given that Joan sells new cars at a local dealership and she receives a 15% commission on profit.
So we can say that :
Commission earned = 15% * Total profit
Last week she sold 9 cars for the total of $10,870 dealer profit
Hence Commission earned shall be calculated as follows:
Commission earned = 15% * Total profit
Commission earned = 15% * 10870 = $1,630.50
Hence, the Commission earned by Joan is <u>$1,630.50</u>
Marketing links producers to customers.
