Based on the information given the annual dividend on the preferred stock is : $4,200.
Using this formula
Annual dividend=Number of shares× Par value× Shares Percentage
Where:
Number of shares=1050 shares
Par value=$100 par value
Shares Percentage=4% or 0.04
Let plug in the formula
Annual dividend=1050shares× $100×0.04
Annual dividend=$4,200
Inconclusion the annual dividend on the preferred stock is : $4,200.
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Finish to start dependency- This is the most common type of dependency in project management as well as real life.
Answer:
$6,707
Explanation:
Calculation to determine what Universal Travel Inc. should report interest payable at December 31, 2021,
Interest payable at Dec 31,2021= 503,000 * 8% * 2 months/12 months
Interest payable at Dec 31,2021= $6706.6
Interest payable at Dec 31,2021= $6707 Approximately)
(November 1 - December 31 = 2 months)
Therefore Universal Travel Inc. should report interest payable at December 31, 2021, in the amount of $6,707
Answer: А. reduce the checkbook balance
Explanation:
The customer gave a check to Stear to settle their account for goods purchased from Stear. If the check is classified as Non-Sufficient Funds (NSF) check, it means that the bank of the customer did not send money to Stear's bank when Stear deposited the check because the customer did not have enough money in their account.
To correct this, reduce the cashbook balance by the amount on the check because the bank did not record the check because they never received the funds, but the business did in their cashbook.