Answer:
The dividends payout to preferred stockholders is $113,400 as shown below.
Explanation:
The total dividends payable to holders of preferred shares can be computed thus:
Preferred shares dividends=9000*$90*14%
Preferred shares dividends =$113,400
Preferred shareholders have prior claims to dividends ahead of ordinary shareholders,but after bondholders' interest payments have been settled.
The same way they also have precedence in the distribution of company's assets before ordinary shareholders upon the liquidation of the company.
The downside is that they cannot share in excess profits after payment of dividends as they are part-owners of the company unlike ordinary shareholders.
Answer:
LIFO ending inventory $ 544.00
Weighted average: $ 565.44
FIFO ending invetory: $ 590.00
Explanation:
weighted-average:
1,449 / 41 = 35,34
Ending Inventory
16 x 35.34
LIFo we pick the first 16 units as the latest were sold:
8 units at $ 33 = $ 264
8 units at $ 35 = $ 280
Total ending inventory $ 544
FIFo we pick the last as the first one are the first being sold
15 units at 37 = 555
1 unit at 35 = 35
total ending 590
Answer:
The answer is 324,050 shares
Explanation:
Stock dividends adds to the total number of shares outstanding while treasury stock(buy-back) reduces the total number of outstanding shares.
Beta issued a stock dividend of 4percent. Meaning the outstanding shares will increase by 4percent.
1.04 x 320,000 shares
=332,800 shares is the total number of outstanding shares before treasury stock.
Treasury stock issued on September 30, 2018. This means we have 3months(October 1 - December 31st, 2018).
So we have 3/12 x 35,000 shares
= 8,750 shares
Therefore, the appropriate number of shares to be used in the basic earnings per share computation for 2018:
=332,000 shares - 8,750 shares
= 324,050 shares
Answer:
should conform to the conventions of the receiver's country
Explanation:
The more an international business adapts its operations to the specific culture of the countries where it operates, the more likely it is that it will succeed, since customers are very sensitive to their own culture, and lacking this understanding can result in ineffective communication, and less sales.
For this reason, interantional business messages should conform to the conventions of the receiver's country: like this, people in the receiver country will not only understand the message clearly, but will also feel identified with it, raising their level of trust in the company.
One of the disadvantages of issuing stock is the fact that it dilutes the earnings for shareholders.
The more shares there are, the less earnings.