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anygoal [31]
3 years ago
8

Dechow Company has outstanding 20,000 shares of $50 par value, 6% cumulative preferred stock and 50,000 shares of $10 par value

common stock. The company declares and pays cash dividends amounting to $160,000.
a. If there are no preferred dividends in arrears, how much in total dividends, and in dividends per share, does Dechow pay to each class of stock?
b. If there are one year’s dividends in arrears on preferred stock, how much in total dividends, and in dividends per share, does to each class of stock?
Business
1 answer:
JulijaS [17]3 years ago
8 0

Answer:

a. Dividends to Preferred shareholders:

Total dividends:

= 20,000 * 50 * 6%

= $60,000

Dividends per preferred share:

= 60,000 / 20,000 shares

= $3.00 per share

Common shareholder dividends

Common shareholders get the remaining dividends that did not go to Preferred shareholders:

= 160,000 - 60,000

= $100,000

Common dividends per share:

= 100,000 / 50,000 shares

= $2.00 per share

b. These are cumulative preferred shares which means that accrued dividends must be paid off:

Preferred shares in total would be:

= 60,000 * 2

= $120,000

Preferred dividends per share:

= 120,000 / 20,000

= $6.00 per share

Common dividends in total:

= 160,000 - 120,000

= $40,000

Common dividends per share:

= 40,000 / 50,000 shares

= $0.80 per share

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Anestetic [448]

Answer: (D) Overall strategic goals and approval of major decisions.

Explanation:      

  According to the given question, Arielle is one of the successful banker and also the educator and she is very much interesting in the organization but now she is decide to retire.

The Arielle is basically involving with the overall goals of an organization and also give many approval on the major decisions.

As, she is one of the member of board of directors and she is also serving this organization for very long time so she feel connected with the company and also helps in making the various types of effective decision for an organization.

 Therefore, Option (D) is correct answer.

7 0
3 years ago
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mixer [17]

Answer:

The correct answer is (D)

Explanation:

Sometimes firms and organisations try to reduce the outstanding stocks in the market. To do so, they purchase back some of those stocks from the open market, such stocks are known as treasury stocks.  After that, It is up to the issuer, they can resell it to the public or they can dissolve them completely.  After purchasing back, these stocks are no longer considered outstanding.

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4 years ago
Despite its drastic downsizing a decade ago under a federally funded bailout and bankruptcy​ restructuring, General Motors again
zalisa [80]

Answer:

The question is actually missing (see attached image):

the answer is:

D. Less than that of its competitors.

Explanation:

Personally, I believe that GM is an extremely spoiled child that refuses to assume responsibility for its continuous and never ending mistakes. GM has either filed for bankruptcy or threatened to do so twice in the last 30 years or so, and every time the US government has to bail them out. But GM keeps doing things wrong.

It doesn't matter if you like their cars or not, GM is terribly managed. No other company in US history has received so much financial aid from the government and continued to lose money and work inefficiently. The problem is that whenever things go wrong, stockholders lose their money but the executives keep getting tens of millions of dollars. If a company is managed in such a disastrous way, their top management shouldn't get paid that much.

A car factory costs a lot of money, and not using it efficiently is outrageous considering GM's history. If they had never received a cent from the government, then its only their problem. But the government lost $11.2 billion on GM's last bailout. During the 1980s GM lobbied fro the government to impose import quotas on Japanese cars because they were better cars and GM couldn't compete against them. So whenever they do things wrong, big brother has to help them. During the last couple of years GM had to sell most of its foreign operations in order to get cash, and you generally do not make money by selling your assets.

6 0
3 years ago
Agent Don plans to conduct a marketing/sales event at the local public library on October 28 at 2pm. He received permission to p
kvasek [131]

Answer:

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Explanation:

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saul85 [17]

Answer:

Explanation:

A conflict is said to be power-based struggle when two or more individuals are fighting for control. For example, when two countries are fighting for superiority or when two men are fighting over a political post which leads to power struggle.  on the other hand, a conflict is said to be personality difference based when two or more people  conflict based on incompatible individual attitudes. For example, imagine two people in a room living together one takes care of the house , sweep , clean , and the other doesn't care about the tidiness of the room there will be a personality difference based conflict.

in a nut-shell

conflict based on a power struggle implies a power struggle while conflict based on a personality difference involves individual habits or attitude.

8 0
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