1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Elis [28]
3 years ago
7

Outstanding stock of the Cheyenne Corporation included 37000 shares of $5 par common stock and 11500 shares of 5%, $10 par non-c

umulative preferred stock. In 2019, Cheyenne declared and paid dividends of $3700. In 2020, Cheyenne declared and paid dividends of $18500. How much of the 2020 dividend was distributed to preferred shareholders
Business
1 answer:
Margarita [4]3 years ago
8 0

Answer:

$5,750

Explanation:

Calculation to determine How much of the 2020 dividend was distributed to preferred shareholders

Dividend distributed to preferred shareholders=11500 shares *$10 par non-cumulative preferred stock*5%

Dividend distributed to preferred shareholders=$5,750

Therefore Dividend distributed to preferred shareholders is $5,750

You might be interested in
A manager is assessing whether a business decision is ethical. She believes that if the benefits of a choice exceed the costs, t
Solnce55 [7]

Utilitarianism is a personal moral philosophy which id being used in this scenario.

<h3>What is Utilitarianism?</h3>

This is the morality that advocates actions that foster happiness or pleasure and maximizes wellbeing of individuals.

The manager believing that the  benefits of a choice exceed the costs is ethicalk as result of her having more profit which will maximize the company' wellbeing.

Read more about Utilitarianism here brainly.com/question/2642866

8 0
3 years ago
According to the definitions of national saving and private saving, if Y, C, and G remained the same, an increase in taxes would
Viefleur [7K]

Question options :

a. raise both private and public saving.b. raise private saving and lower public saving.c. lower private saving and raise public saving.d. lower private and public saving.

Answer:

c. lower private saving and raise public saving.

Explanation:

National saving is total of private and public saving minus the country's consumption and government expenditure.

Private saving is income from households minus consumption and taxes.

Formula for public saving is T − G − TR which is government budget surplus through revenue from tax. This is revenue from tax minus government expenditure and transfers.

3 0
3 years ago
Sharon purchases two products, X and Y, with a given fixed budget. The marginal utility she receives from the last unit of X she
lorasvet [3.4K]

Answer:

The correct answer is option A.

Explanation:

Sharon in consuming two goods X and Y.  

The price of X is $2 and that of Y is $1.  

The marginal utility derived from consuming X is 60 utils and from consuming Y is 30 utils.  

For profit-maximization the ratio of marginal utility and price should be equal for both goods or the marginal utility of money spent on both goods should be equal.  

The ratio for good X

= \frac{MUx}{Px}

= \frac{60}{2}

= 30  

The ratio for good Y

= \frac{MUy}{Py}

= \frac{30}{1}

= 30  

Since the ratio is same for both the goods it implies that Sharon is maximizing her total utility.

3 0
4 years ago
On January 2, 2020, Pearl Company sells production equipment to Fargo Inc. for $52,000. Pearl includes a 2-year assurance warran
Sphinxa [80]

Answer: so when you think about it just know you can do it

Explanation:

12345678910

5 0
3 years ago
A researcher tests whether the mean cholesterol level among those who eat frozen pizza exceed the value considered to indicate a
ANEK [815]

In hypothesis testing, one can only positively prove something by disproving the null hypothesis. I this case, the null hypothesis is that there is no relationship between eating frozen pizza and dangerous cholesterol levels.

<span> A p value of a statistical summary (such as the sample mean difference between two compared groups) indicates the probability that the null hypothesis is true. Generally, a p value < 0.05 is usually taken to be statistically significant, i.e. a 5% chance that the null hypothesis is true. In this case, the relationship was find to be non-significant.</span>
4 0
3 years ago
Other questions:
  • Identify each of the following reconciling items as one of the below options:
    9·1 answer
  • The company paid $35,000 cash in dividends to the owner, jen rogers. the entry needed to close the dividends account is:
    10·2 answers
  • In the context of performance appraisal dimensions and standards, the goal of meeting product specification standards is an exam
    6·1 answer
  • Which of the following would not be included in calculating the incremental cash flow for a project? The firm expects sales of t
    5·1 answer
  • GDP is defined as:
    9·1 answer
  • There are 728 employees at a luncheon. If there are tables set up for eight people, how many tables are there?
    6·2 answers
  • Suppose a foreign investor who holds tax-exempt Eurobonds paying 10.50% is considering investing in an equivalent-risk domestic
    8·1 answer
  • What do Librarians need to do after they have jobs?
    8·2 answers
  • 5
    11·1 answer
  • John is a journalist. he went to a product demonstration for a new computer. some of what he heard was informative, while the re
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!