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Veseljchak [2.6K]
2 years ago
13

Preferred stock, 5%, $50 par value, 1,200 shares issued and outstanding with dividends in arrears for the three prior years. Com

mon stock, $100 par value, 2,200 shares issued and outstanding. Total dividends declared and paid in current year were $52,000. How much of the current dividend will be paid to the preferred stockholders assuming the preferred stock is cumulative
Business
1 answer:
Ivenika [448]2 years ago
8 0

Answer:

$12,000

Explanation:

total preferred dividends per year = 1,200 x $50 x 5% = $3,000

since they were not paid during the past three years, and they are cumulative, the total preferred dividends = $3,000 x 4 = $12,000

common stock dividends = total dividends - accumulated preferred dividends = $25,000 - $12,000 = $13,000

cumulative preferred stocks that are not paid in the past, must be paid before any common dividends are paid

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Which of the following factors has the greatest impact in calculating FICO scores? Select one of the options below as your answe
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3 years ago
Having just returned from the war in Afghanistan, David has $25,000 in his savings account. His girlfriend suggests that he talk
nexus9112 [7]

Answer:

The correct answer is FALSE.

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  • Second, high growth stock are also
  1. high risk
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Although they are high risk, they also have great advantages such as:

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What can David do?

Subject to the advise of a professional investment professional

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Answer:

<h2>In the context of Consumer Theory or Indifference Curve involving two goods,the opportunity of any one good is computed by how much of the other good is foregone or sacrificed to purchase one more unit of that particular good.</h2>

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