Answer:
$22,200
Explanation:
The computation of the dividend amount made to the common shareholders is shown below:
Arrear in Preferred Stock Dividend is
= $580,000 × 7% × 2 - $38,000 - $38,000
= $5,200
Now
Current Preferred Stock Dividend is
= $580,000 × 7%
= $40,600
Now
The amount of dividends made to the common shareholders is
= $68,000 - $40,600 - $5,200
= $22,200
Answer:
Credit to Prepaid insurance for $400 and Debit to Insurance expense for $400
Explanation:
The journal entry is given below:
Insurance expense ($4800 × 1 ÷ 12) $400
Prepaid Insurance $400
(To record insurance expense)
Here the insurance expense is debited as it increased the expense and credited the prepaid insurance as it decreased the assets
If supply decreases and demand remains stable, the price mechanically moves up since richer people are ready to pay more to get gasoline.
Of course companies selling gasoline want to maximize their profit so they will increase the price.
Right answer is A.
Answer:
<u>macro risk</u> and <u>micro risk.</u>
Explanation:
Political risks are crucial factors for a multinational company to make investments in a given country, due to the instability of the country's political scenario that can bring negative adverse effects to the company in a context of macro risk and micro risk.
Macro risk is that which is inherent in the country and affects all economic sectors equally, such as the risk of government expropriation.
Micro risk, on the other hand, is one that will impact only a specific business sector, such as corruptions that aim to defraud or harm an organization.