Answer: $32,800
Explanation:
Every year, the preference shareholders are entitled to the following in dividends;
= 14,100 * 4% * 100
= $56,400
These shares are cumulative which means that if dividends are not paid in one year, they will have to be accured and paid in another.
No dividends were paid in 2019.
In 2020, dividends were $101,000
Preference shareholders would get dividends for both 2019 and 2020 from here so;
= 56,400 + 56,400
= $112,800
They will take all $101,000 and still be owed;
= 112,800 - 101,000
=$ 11,800
In 2021, their Preference dividends will be;
= 56,400 + 11,800
= $68,200
Amount left for Common shareholders in 2021 will therefore be;
= 101,000 - 68,200
= $32,800
Answer:
Check the explanation
Explanation:
Before-tax amount <u><em>(PBT which is the evaluate of an organization’s productivity and profitability that looks at the profits made before any tax is paid)</em></u> of Mercedes should be reported as loss on terminated operations in its 2016 income statement:
$1,890,000 loss will be from operations only. There will also be no impairment loss.
Answer:
The answer is A, household income, wealth and product price.
Explanation:
This simply indicates that to be able to identify the combination of goods and services that are affordable from those that are not, the current household income should be considered, the wealth of the household which refers to the current amount of money in the household account and the price of the product.
Answer:
deposits.
Explanation:
The liabilities of the commercial banking system involves capital that includes cash reserves, deposited, debts, checking, saving amount,
The deposits could be in terms of saving deposit, fixed deposits, etc
Therefore in the given case, the deposits are the commercial banking liabilities and the rest options like loan & deposits, reserve and loans, etc are not the liabilities so these are wrong options.
Answer:
d. Deductible compensation expense must be considered reasonable under the facts and circumstances of the employment.
Explanation:
Elon Musks collected billions of dollars due to the excellent performance of Tesla's stocks. The compensation awarded to the CEO, CFO and maximum three other executives must be reasonable. Performance based compensation is not limited in an amount, instead they are limited on the number of people that receive them.
