Answer:
a. financial records can be searched more easily
Explanation:
Computer technology has aided in the automation and integration of an organization's financial records in a single system. A business's financial data relating to several financial years are accessible from a single computer. Computer technology has made it easy to collect, analyze, report, and interpret financial records.
Through computer technology, financial records are organized and stored in a manner that is easy to retrieve. It takes very little time to access the required financial information as long as it was labeled correctly and stored.
Since the preferred stocks are cumulative in nature, the dividend amount not paid in the current year will be accumulated and paid in the next year.
Preferred dividend to be paid in 2017 = Value of preferred stock x Dividend rate
= (4700 x $50) x 5%
= 11750
Dividend to be paid in 2018 = same as 2017 as no new preferred stock issued
= 11750
Total dividend to be paid in 2018 = Dividend to be paid in 2018 + Dividend to be paid in 2017 – Dividend paid in 2017
= 11750 +11750 -7900
= $15600
Increasing ,increasing
the reason is that when the economy is
growing more money is flowing ,unemployment is decreasing so more goods
and services are produced ,as a result of low unemployment ,more
consumption and total output increasing total income is increasing
Answer:
I= $1,600
Explanation:
We have to clear Investment from the GDP formula:
GDP= Consumption (C)+ Investment (I)+ Government expenditure (G)+ Net exports (exports-imports)
I=GDP-G-C-(X-M)
The problem gives this information:
GDP: $10,000
G: $2,000
C: $6,000
X: $1,000
M: $600
I= $10,000-$2,000-$6,000-($1,000-$600)
Investment in 2010=$1,600
D. a secured loan requires collateral and an unsecured loan does not