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denis-greek [22]
2 years ago
10

What is the promissory note???​

Business
1 answer:
Amiraneli [1.4K]2 years ago
7 0

Answer:

A promissory note, sometimes referred to as a note payable, is a legal instrument, in which one party promises in writing to pay a determinate sum of money to the other, either at a fixed or determinable future time or on demand of the payee, under specific terms.

Explanation:

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Halsted, Inc., has outstanding 10,000 shares of $200 par value, 7% nonparticipating, cumulative preferred stock and 10,000 share
solniwko [45]

Answer:

Preferred stock holders' dividend = $280000

Common stock holders' dividend = $8000

Explanation:

A cumulative preferred stock is one whose dividends are accumulated in arrears and are to paid in the following year(s), if the company fails to pay or partially pay the dividends in a certain year. The yearly dividend on preferred stock is,

Preferred stock dividend = 10000 * 200 * 0.07 = $140000

As the dividends on preferred stock are in arrears for one year, the company will pay a dividend this year on preferred stock of,

Preferred stock dividend to be paid = 140000 + 140000 = $280000

Thus, out of the announced dividend of $288000, $280000 will be paid to the preferred stock holders while the remaining $8000 will be paid to the common stock holders.

6 0
3 years ago
Quality Bike Maps has produced four map designs for the local area. A limited amount of time (in minutes) is allocated to the pr
stich3 [128]

Answer:

since 1 <= allowable increase

optimal solution won't change

hence

1500 * 1 + 1000*1 + 1000*2 + 2833.33* 3

=  13000

Note: Complete question is added in the attachment

8 0
3 years ago
How goal succession take place? explain the condition responsible for goal succession​
valentina_108 [34]

the new or modified goals are incorporated or substituted for the existing one in such a manner that they do not change the spirit of the existing goals

The new goals are such that individuals or the organisation are willing to state publicly.

4 0
2 years ago
"Creating a signature scent, choosing an original name, and configuring the shape and look of the bottle are all decisions made
ss7ja [257]

Answer:

False

Explanation:

Creating a signature scent, choosing an original name and configuring thr shape of and look of the bottle are decisions made during the product conceptualization stage.

Before a product is finally available to consumers, the product goes through certain steps. These steps ranges from product development, product conceptualization, to launching, etc.

During the conceptualization stage, the name of a product, the form of the product as well as other appearance related works are the main objectives during the project conceptualization cycle.

I hope this helps.

5 0
3 years ago
Which of the following statements provides the most accurate comparison of socialism and communism? A. Under socialism, the gove
Andreas93 [3]

Answer: Option (B) is correct

From the given options, the following statements is most suitable:<em> Both socialism and communism, achieves equal distribution of income and wealth, but in communism, the state takes more control over individual's lives.</em>

Communism can be referred to as a political and economic principle that aims to reinstate private economy with public ownership and thereby gaining a control of means of production and the resources of a state.

Socialism can be referred to as a social and economic principle that aims for public rather than private ownership. According to this perception, individuals do not work in desolation but live in cooperation.  

3 0
4 years ago
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