Answer:
Asynchronous Transfer Mode (ATM)
Explanation:
A middleware is a software that connects the frontend (user interface) with the backend (software core). For example when a user makes a request for data it passes throught the middleware before it gets to the backend where databases are stored.
Asynchronous transfer module (ATM) is a transfer protocol for transferring packets of data. Has more to do with networking.
Answer:
The firm’s beginning cash balance on June 1 is $ 205.
Explanation:
We have to use the following the formula to reach to the beginning cash
Beginning Cash balance june 1 = Beginning cash balance may 1 + sales - expenses
Beginning Cash balance june 1 = [$175] + [$430] - [$110 + $290]
Beginning Cash balance june 1= $ 205
Important. The may sales are not included in the calculation because accounts receivable time is 30 days, so may accounts receivable wont be collected until june.
Answer:
Average annual rate of return should Louis expect to earn over the next four years is 10.7%
Explanation:
The formula we are going o use is:
Where:
R is the number of years over which Louis expect to earn.
N is the number of years of average arithmetic return.
i_{g} is the average geometric return=10.50%=0.105.
i_{a} is the average arithmetic return =11%=0.11.
Solution:
Average annual rate of return should Louis expect to earn over the next four years is 10.7%
Answer:
Dividend paid to be paid to common stockholder=$ 20,000
Explanation:
Common stock holders are the real risk bearers as they receive as dividends the residual amount after all other claims have been settled.
Preference shares entitles the holders to participate in a fixed dividend out of the profit made by the company. The divide is always a fixed percentage of the nominal value of the preference shares
Cumulative preference shares: Cumulative simply implies that should the company misses the payment of dividend in a particular year such unpaid dividend would be carried carried forward and paid in arrears in the following year/
Preference dividends
2019 - 5.5% × $100 × 5,000= $27500
2020 - 5.5% × $100 × 5,000 = $27500
Total preferred to be paid in 2020 = 55,000
Dividends paid to common stock = Total dividend for 2020- Total preference dividend in 2020
Dividend paid to be paid to common stockholder
= 75,000-55,000= 20,000
Dividend paid to be paid to common stockholder=$ 20,000
