Answer:
$48,000
Explanation:
The computation of the total amount paid to the preferred shareholder is shown below:
= Number of preferred stock shares × par value × dividend rate × number of years
= 1,200 shares × $100 × 10% × 4 years
= $48,000
Simply we multiplied with the number of preferred stock with the par value, its dividend rate and the time period so that the correct value can come
All other information which is given is not relevant. Hence, ignored it
If this condition arises where a business can't able to pay it's debt, creditors can expect the owner to pay the debts with their personal assets of business is called- General Partnership or Sole Proprietorship.
<h2>
What is sole proprietorship?</h2>
A sole proprietorship is an unincorporated company that is run and owned by one person. This type of business structure is the simplest because there is no legal distinction between the owner and the business.
The proprietor or dealer who owns the business uses their legal identity to carry on business. By registering a trade name with their local authority, they can also decide to conduct business under a different name.
This kind of business is the least expensive to launch. Small enterprises, independent contractors, and other people who work for themselves frequently use it because of this.
When the business owner decides or upon their passing, a sole proprietorship starts and ends.
To know more about Sole Proprietorship, refer to-
brainly.com/question/14593467
#SPJ4
Answer:
yes because have been enormously successful at getting their members excellent wages, benefits and working conditions.
hope this helps
have a good day :)
Explanation:
Answer:
Budgeted Production = 52910 units
Explanation:
The budgeted production should be enough to meet the yearly sales requirement plus provide enough inventory at the year end to cover for the required level of desired inventory. The opening inventory at the start of the year should be deducted to calculate the budgeted production.
Budgeted production = Sales + Closing Inventory - Opening Inventory
Budgeted Production = 51500 + 7410 - 6000
Budgeted Production = 52910 units
