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just olya [345]
3 years ago
8

Gross earnings are the same as

Business
1 answer:
attashe74 [19]3 years ago
6 0
Gross income. they are incomes before taxes or adjustments
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Brewer Inc. has 5,000 shares of 8%, $50 par value, cumulative preferred stock and 100,000 shares of $1 par value common stock ou
ASHA 777 [7]

Answer:

option 3 is correct answer that is $ 25000

Explanation:

Annual dividend paid to stakeholder = 5000\times $50\times 8% =$20,000

Dividend declared and paid in 2013 = $15,000

Preferred dividend = $20,000 -$15,000

                                = $5,000

since the available stocks are cumulative, No dividend has paid to common stockholders in the year  2014 until dividends in 2013 and annual dividends for the year  2014 are paid in full

therefore, $60,000 dividends declared and paid in 2014, the preferred stock holders will receive $5000 for 2013 dividend  and $ 20,000 for 2014 dividends

total dividends received by preferred stock holder in 2014 $5000 + $20,000

= $25,000

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3 years ago
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3 years ago
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Johanna Taylor, a creative developer at Leo Technologies Inc., is developing a website for the company. To address the usability
Fiesta28 [93]

Answer:

Design

Explanation:

Johanna Taylor, a creative developer at Leo Technologies Inc., is developing a website for the company. To address the usability needs of website visitors, she ensures that visitors would be able to easily locate what they need on the website. She avoids flashy graphics and chooses a font with high readability. Joanna is most likely in the design stage of the Soft ware development life-cycle.

The Design stage of Software Development Life Cycle is the crafting phase where a developer like Johanna Taylor in the scenario, would ensure that the features of the software meets the requirements and purpose of developing the software

6 0
3 years ago
In a statement of cash flows, which of the following would be classified as an investing activity?
Elanso [62]

Answer:

C. The sale of equipment.

Explanation:

Investing activities: It records those activities that include the long-term asset buying and selling. The buying is a cash outflow while the sale is a cash inflow.

The cash outflow decreases the cash balance whereas cash inflow increases the cash balance. So the buying would be shown in a negative sign while the selling is shown in the positive sign

Hence, the correct option is C.

5 0
3 years ago
On December 30, 2005, Bart, Inc. purchased a machine from Fell Corp. in exchange for a non-interest bearing note requiring eight
Darya [45]

Answer: c. $94,240

Explanation:

On December 31, 2005, one payment has already been made which would mean that only 7 payments are left. As the first of these remaining 7 will be paid the year after, this is an ordinary annuity.

Note payable value = Present value of seven $20,000 payments

= 20,000 * Present value of ordinary annuity of 1 at 11% for 7 years.

= 20,000 * 4.712

= $94,240

5 0
2 years ago
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