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ivolga24 [154]
3 years ago
9

Sheridan Company declared a $229000 cash dividend. It currently has 12300 shares of 4%, $100 par value cumulative preferred stoc

k outstanding. It is one year in arrears on its preferred stock. How much cash will Sheridan distribute to the common stockholders
Business
1 answer:
dem82 [27]3 years ago
5 0

Answer and Explanation:

The computation is shown below:

For preferred shareholders

The dividend is

= 12,300 shares × 4% × $100

= $49,200

For two years, it would be

= $49,200 × 2

= $98,400

And, the total cash dividend declared is $229,000

So, the cash distribute to common stockholder is

= $229,000 - $98,400

= $130,600

hence, the cash distribute to common stockholder is $130,600

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last year, jarod left a job that pays $80,000 to run his own bike repair shop. jarod’s shop charges $65 for a repair, and last y
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It should be noted they the formula for calculating accounting profit will be:

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Total revenue will be:

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Explicit cost is the direct cost that a business spends. This will be:

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Long Text (essay)
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Explanation:

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A pharmaceutical company in Belgium decides to expand into additional markets. It conducts research and decides to focus on mark
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C) standardization strategy

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Macroprudential supervision policies try to prevent a leverage cycle by changing capital requirements so that they ________ duri
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Answer:

so correct option is A) increase; decrease

Explanation:

solution

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