If sufficient dividends are declared, preferred stockholders can anticipate receiving annual dividends of: $0.90 per share.
Using this formula
Annual dividends= Par value × Fixed Annual dividend rate
Where:
Par value= $18 per share
Fixed Annual dividend rate= 5% or 0.05
Let plug in the formula
Annual dividends= $18 per share × 0.05
Annual dividends= $0.90 per share
Inconclusion if sufficient dividends are declared, preferred stockholders can anticipate receiving annual dividends of: $0.90 per share.
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Answer:
To demonstrate the usage of company products and train employees.
Explanation:
The main purpose of the presentations that Keith is providing to the employees of the software company is to impart complete knowledge of the products to the employees. It is of utmost importance that each employee has complete understanding of the products and services provided by the company and know how to use them.
If any employee fails to understand the usage of the product, he will automatically fail to bring progress to the company as a whole.
Answer: decrease in expected income
Explanation:
The Great Depression began due to the crash of the stock market in 1929 which caused fear and millions of investors lost their businesses.
This led to the reduction in consumer spending. Also, there was a reduction in investment which caused industrial output decline and decrease in employment opportunities.
Answer:
Debit Unearned Rent Revenue, $3660; credit Rent Revenue, $3660
Explanation:
Cash collected in advance results in the debit in cash account and a credit to Unearned Rent Revenue.
To recognized revenue when it is earned, the entries required are credit revenue and debit Unearned Rent Revenue with the amount earned.
Revenue earned by Novak Corp
= 1/6 × $21,960
= $3,660
Entries required are debit Unearned Rent Revenue, $3660; credit Rent Revenue, $3660
Location economies, arise from performing a value creation activity in the optimal location for that activity,
Express easily. Value creation is the process of transforming resources (physical like matter or non-physical like time) into something of perceived value. Examples of value creation include car manufacturers that build vehicles, farmers that grow and harvest crops, and banks that provide mortgages.
These four types of value creation are identified as follows: A) intentional value co-creation, B) vendor-driven value creation, C) customer-driven value creation, and D) voluntary value creation.
Business starts with value creation. That is the purpose of an institution: to create and deliver value so efficiently that it produces profit after cost Because value creation is the starting point of any business, whether it is successful or not, we understand It's the basic concept you need.
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