Answer:
$6,000
Explanation:
The computation of the dividend amount distributed to preferred shareholders is shown below:
= Number of non-cumulative preferred stock shares × par value per share × dividend rate
= 10,000 shares × $10 × 6%
= $6,000
In the case of the non-cumulative preferred stock, if there are dividend arrears, the same is not paid.
Simply we multiplied the preferred stock share by the par value and the dividend rate so that the estimated value can come
Answer:
Total return equals earnings multiplied by the dividend payout rate.
Explanation:
Total return is calculated as appreciation of price plus dividend paid, divided by the original price of the stock.
The income gained on a stock is the increase in its value along with dividend that is paid out. This is compared to the original price (denominator) to determine how much returns is realised on the stock.
Mathematically
Returns= {(New price- Old price) + Dividend} ÷ Old price
So the statement total return equals earnings multiplied by the dividend payout rate is false
Answer:
The correct answer is A.
Explanation:
Giving the following information:
Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base
Receiving provides 12,000 receiving hours and costs $60,000 per year.
Estimated manufacturing overhead rate= 60,000/12,000= $5 per hour
D. can be flipped for profit and E. has a maturity date
The answer to your question is true.