Answer:
The amount of dividends paid to common stockholders in 2021 $18000.
Explanation:
The cumulative preferred stock is the stock that accumulates dividends when the dividends are partially or not paid at all in a certain year. The dividends must be paid in the future.
The common stock holders are paid after the preferred stockholders are paid.
The preferred stock dividend per year = 400000 * 0.06 = $24000 per year
As the cash dividends paid in 2019 and 2020 are $20000 each,
The dividend outstanding on preferred stocks for 2019 is = 24000 - 20000 = $4000
Similarly, the dividends outstanding on preferred stocks for 2020 is = 24000 - 20000 = $4000
The total dividends outstanding at start of 2021 = 4000 + 4000 = $8000
Preferred dividend for 2021 = 24000
Total dividend on preferred stock = 24000 + 8000 = $32000
The amount of dividends that common stock holders will receive in 2021 = 50000 - 32000 = $18000
Given:
ΔY = $5,000, the change in income
ΔS = 50,000 - 54,000 = - 4,000, the change in savings.
By definition,
MPS (Marginal Propensity to Spend) is
MPS = ΔS/ΔY = -4000/5000 = -0.8
The relation between MPS and MPC (Marginal Propensity to Consume) is
MPS + MPC = 1.
Therefore
MPC - 0.8 = 1
MPC = 1.8
Answer:
MPS = 0.8
MPC = 1.8
It is important because they need money and food and water because they don't have that much.
Answer:
Debit: Accounts Receivable 707,350
Credit: Sales Revenue 658,000
Credit: Sales taxes payable ([6% + 1.5%] × $658,000) = $49,350
Explanation:
Answer:
1495 filters are considered as safety stock.
Explanation:
d = 80 filters, std devd= 5, L = 14 days, std dev L= 2 days
Std dev dL = Sq rt ( Lσ d2 + d 2σ L2 ) = sq rt ( 350 + 25600) = 161 filter
z= 2.33 at 99% SL
safety stock = 2.33 X 161 = 375 filter
Reorder point = dL + Safety stock = 80 X 14 + 375 = 1495 filters
