Answer:
The preferred stockholders $10,000
Common stockholders $4,000
Explanation:
The cumulative effect of the preferred stock is that the holders are entitled to arrears of dividends, in other words, they would receive this year last year's dividends in addition to current year's.
annual preferred stock dividends=dividend per share*number of preferred stock.
annual preferred stock dividends=$5*1000=$5000
dividends for 2 years=$5000*2=$10,000
common stock dividends=$14,000-$10,000=$4000
Answer:
This scenario illustrates that the employees are part of a virtual team
Explanation:
Virtual organizations are firms set up to address the issues of space and time shifts.
Space shift is the traditional arrangement where employees are meant to be located in one single location in order to effectively function together as teams.
Time shift is the timing barrier where employees are expected to liaise with one another at the same time.
Virtual organization is a break from the norm by ensuring individuals that are geographically dispersed and operating in different time zones function together as a team with the aid of advancement in technology.
3 one week payday loan for 350
Answer:
bad debt expense for the year ended 2017 will be 28,400 dollars
Explanation:
The year-end accounts receivables shold be considering the ending accounts receivables:
Accounts receivable at year-end: 960,000
expected uncollectible 5% of 960,000: 48,000
beginning allowance: 40,000
wrote-off (28,800)
recovery accounts <u> 8,400 </u>
unadjusted balance: 19,600
ending balance: 48,000
adjusment: 28,400
bad debt expense for the year ended 2017 will be 28,400 dollars
