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:
$80,000
Explanation:
Calculation to determine what the amount of variable administrative cost to allocate to Department 1 would be
Variable administrative cost to allocate to Department 1=(40,000 ÷100,000) x $200,000
Variable administrative cost to allocate to Department 1=0.4×$200,000
Variable administrative cost to allocate to Department 1= $80,000
Therefore The Variable administrative cost to allocate to Department 1 would be $80,000
Answer:FALSE
Explanation:Organisational obligations are not the same as personal ethical obligations in many ways.
Organisational obligations are obligations which concerns different class and set of persons working together in an organization towards achieving the goals of the organization,organisational obligations are a collection of different personal Ethical obligations which are brought together to achieve the goals of an organization.
Personal ethical obligations are sets of principles, guidelines or norms that guides a person's conduct, it happens on the personal or individual level.
Answer:
C. Estimate credit losses.
Explanation:
the client prepared aged triad balance of account receivable is generally included in audit documents so that the evaluation of estimated credit losses can be done.
Therefore, This aging is best used by the auditors to Estimate credit losses.
