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Goshia [24]
2 years ago
13

Vaughn Manufacturing has 11500 shares of 5%, $100 par value, non-cumulative preferred stock and 46000 shares of $1 par value com

mon stock outstanding at December 31, 2020. There were no dividends declared in 2019. The board of directors declares and pays a $138000 dividend in 2020. What is the amount of dividends received by the common stockholders in 2020
Business
1 answer:
Oksana_A [137]2 years ago
5 0

Answer:

$23,000

Explanation:

Total dividends = $138,000 (Paid in 2020)

Common stock outstanding = 46,000 shares

Preferred dividend = Number of shares × Par value × 5%

= 11,500 × $100 × 5%

= $57,500

Dividends received by common stock holders in 2020 is;

= Total dividends - Preferred dividend

= ($138,000 × 1) - ($57,500 × 2)

= $138,000 - $115,000

= $23,000

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kondaur [170]

Answer:

Decision on the margins

Explanation:

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However, this does not mean that it makes sense for her to spend all his time in the pool and no time on the bike. If he cut out all training on the bike, the value of a little bit of bike training might be higher than the value of the last hour of pool training. Dimitri does not treat biking versus swimming as an all-or-nothing decision. He makes small changes at the margin in the number of hours spent training for each activity.

Also they both realise that his time is fixed (20hrs) and anytime he wants to spend extra on one activit, is time he cannot spend on another (opportunity cost).

They are both trying to improve Dimitri's total time (exploiting opportunities to makes themselves better off).

An assumption that Dimitri realises that as he spends more time in the pool improving his swim time, his run and cycle times will suffer. As he swims more, his improvement is likely to slow down, while spending less time on cycling and running will cost him progressively more in terms of time.

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3 years ago
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17. Which activities are associated with the acquisition and disposal of long-term assets (for example the purchase of equipment
valina [46]

Answer:

B) Investing Activities

Explanation:

Investing activities deal with cash transactions involving movement of items of Property, Plant and Equipment. These transactions include purchase costs and sale proceeds of assets.

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3 years ago
The _____ is the way in which each country’s economy links to other countries’ economies.
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6 0
3 years ago
Bustillo Inc. is working on its cash budget for March. The budgeted beginning cash balance is $51,000. Budgeted cash receipts to
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Answer:

$16,000

Explanation:

Data provided

Ending cash balance = $72,000

Beginning cash balance = $51,000

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The computation of cash borrowing is shown below:-

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