Answer:
$23900
Explanation:
Given: Cumulative Preferred stock is 5900 shares of 6% at $50.
Dividend paid in 2019= $11500
First lets calculate the value of preferred stock.
Preferred stock= ![5900 shares\times \$ 50\times \frac{6}{100}](https://tex.z-dn.net/?f=5900%20shares%5Ctimes%20%5C%24%2050%5Ctimes%20%5Cfrac%7B6%7D%7B100%7D)
∴ Preferred stock= $17700.
Formula:
Dividend received by preferred stockholder= ![[Preferred\ stock +(Preferred\ stock-Dividend\ paid)]](https://tex.z-dn.net/?f=%5BPreferred%5C%20stock%20%2B%28Preferred%5C%20stock-Dividend%5C%20paid%29%5D)
⇒Dividend received by preferred stockholder=![17700+(17700-11500)](https://tex.z-dn.net/?f=17700%2B%2817700-11500%29)
⇒ Dividend received by preferred stockholder= ![17700+6200= \$ 23900](https://tex.z-dn.net/?f=17700%2B6200%3D%20%5C%24%2023900)
∴ $23900 dividend received by preferred stockholder in 2020.
Answer:
$6,000
Explanation:
Since it is stated in the question that "Typically, the credit card bill is paid in full in the following month", it implies that cash will be disbursed in October for purchases of goods made in September, while cash will be disbursed in November for purchases of goods made in October.
Based on this, Lambert's expected cash disbursement in October for purchases of goods made in September is $6,000, while his expected cash disbursement in November for purchases of goods (a new computer) made in October is $4,500.
Answer:
If the money decreases things will be more harder and more expensive to buy
Explanation:
Pretend you have $10 and something you want is $10 it is easier to buy it when the value of money is higher and if the money is lower than it'll be harder to get $10 to buy the item you want
Given the details above which includes the amount for the rent per month and the security deposit, Kim-Su is required to pay the first month's rent, the last month's rent and the security deposited. Based on this, I can say that the total amount Kim-Su needs is $715 + $715 + <span>$465 is $1,895. Hope this answer helps.</span>
Answer: $0.79
Given:
C=Cost of the land: $1,981,300
S=Salvage value of the land: $267,000
N=Total number of ores mined= 2,170,000 tons
To get the depletion expense per ton of ore:
(C-S)/N
=($1,981,300-$267,000)/2,170,000
=1,714,300/2,170,000
=$0.79