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likoan [24]
3 years ago
5

bram johnson invests $500 at the end of each quarter for 10 years the account earns 12% interest annually what is the value of t

he account at the end of 10 years
Business
1 answer:
Alecsey [184]3 years ago
3 0
I think that the answer is 24.69. i hope it helped :)
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If you know you are at risk of becoming unemployed, you should _____.
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Jonathan has always been interested in computers. He consistently reads computer magazines, attends various seminars on computer
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What is procedural fairness with example
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3 years ago
Which phrase best completes the diagram?
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3 years ago
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Halverstein Company's outstanding stock consists of 9,450 shares of cumulative 5% preferred stock with a $10 par value and 4,050
Vsevolod [243]

Answer:

e. $6,000 preferred; $0 common.

Explanation:

The Preference Stock holders hold first preference during payment of dividends followed by the Common Stockholders.

Note also that Cumulative Preference Stock can have their dividends accumulated and paid in the latter years when funds become available.

Amount of Preference Stock dividend is fixed and calculated as follows:

9,450 shares × $10 × 5% = $ 4,725

2015

Cash dividends                                  = $0

Preference Stock dividend Paid      = $0

Preference Stock dividend Arrears = $ 4,725

No Common Stock Dividend

2016

Cash dividends                                  = $6,000

Preference Stock dividend Paid      = $6,000

Preference Stock dividend Arrears = $ 3,450

No Common Stock Dividend

4 0
3 years ago
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