Answer:
A.
Explanation:
Microprudential regulations refers to making sure that the balance sheets or "books" of individual institutions are robust to shocks. Meaning that the regulators that usually engage in this are focusing on the safety and soundness of each customer of a financial institution, by making sure the institutions do not close and the customers lose their money.
Answer:
$8,940
Explanation:
For computing the amount of the gain first we have to need to do the following calculations
a. Net short term gain or loss is shown in the attachment
b. Net long term gain or loss is shown in the attachment
c. Net capital gain arise from these transactions are as follows
= Short term capital gain or loss + Long term capital gain or loss
= -$240 + $9180
= $8,940
d.The whole net capital gain of $8,940 will be taxable at a preferential rate.
Answer:
The amount of dividends paid to common stockholders in 2021 $18000.
Explanation:
The cumulative preferred stock is the stock that accumulates dividends when the dividends are partially or not paid at all in a certain year. The dividends must be paid in the future.
The common stock holders are paid after the preferred stockholders are paid.
The preferred stock dividend per year = 400000 * 0.06 = $24000 per year
As the cash dividends paid in 2019 and 2020 are $20000 each,
The dividend outstanding on preferred stocks for 2019 is = 24000 - 20000 = $4000
Similarly, the dividends outstanding on preferred stocks for 2020 is = 24000 - 20000 = $4000
The total dividends outstanding at start of 2021 = 4000 + 4000 = $8000
Preferred dividend for 2021 = 24000
Total dividend on preferred stock = 24000 + 8000 = $32000
The amount of dividends that common stock holders will receive in 2021 = 50000 - 32000 = $18000
Answer:
$104,000
Explanation:
Note: <em>The full question is attached as picture below</em>
Fair value of net assets = Cash and receivables + Inventory + Land + Buildings (net) + Equipment (net) - Liabilities
Fair value of net assets = $70,000 + 210,000 + 240,000 + 270,000 + 90,000 - 420,000
Fair value of net assets = $460,000
Purchase consideration paid = 12,000*$47
Purchase consideration paid = $564,000
Goodwill recognized = Purchase consideration - Fair value of net assets
Goodwill recognized = $564,000 - $460,000
Goodwill recognized = $104,000
If something goes wrong, the company will make sure you're not completely screwed.