Answer:
A. $48 comma 000 $48,000
Explanation:
The total dividend to be declared in 2016 = Preference dividend outstanding + common stock holder dividend.
Burkert company has not declared any preference dividend in 2014 and 2015. The preference dividends are cumulative and the company has to pay prior years dividends also. The annual preference dividend amounts $16,000 (4,000 shares * $100 par value * 4% preferred stock)
The cumulative preference dividend for 3 years 2014, 2015 and 2016 will be $16,000 * 3 years = $48,000
The common stock dividend that a company must declare in order for every shareholder to receive atleast $1 is $50,000.
Answer:
Leslie studies how individuals go about purchasing products for their personal consumption and what factors influence these decisions. Leslie studies Consumer Buying Behavior.
Answer:
Exptected return = 11.2%
Beta = 1.23
Explanation:
The post-purchase expected return of the portfolio is the weighted average return of Syngine stock and pre-purchase return of the portfolio, calculated as below:
Post-purchase portfolio return = (Market value of Synhine stock purchase/Total market value of post-purchase portfolio)x Syngine stock return + (Market value of pre-purchase porfolio/Total market value of post-purchase portfolio) x Pre-purchase return
= [(1,000 x 10)/(1,000 x 10 + 90,000)] x 13% + [(90,000)/(1,000 x 10 + 90,000)] x 11% = 11.2%
Using the same concept, beta of the post-purchase is calculated as below:
Post-purchase portfolio beta = [(1,000 x 10)/(1,000 x 10 + 90,000)] x 1.5 + [(90,000)/(1,000 x 10 + 90,000)] x 1.2 = 1.23
Answer:
$114.65
Explanation:
If you divide $687.89 by 6 months you'll get $114.64833333333333333 but if you simply you'll get 114.65 and you'll only pay $0.11 over.
Socialism is when the government controls the means and ends of business and trade.