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Ratling [72]
4 years ago
8

Sunland Company has 10,000 shares of 8%, $100 par value, cumulative preferred stock outstanding at December 31, 2022. No dividen

ds were declared in 2020 or 2021. If Sunland wants to pay $395,000 of dividends in 2022, what amount of dividends will common stockholders receive?
Business
1 answer:
Makovka662 [10]4 years ago
4 0

Answer:

The amount of dividends received by common stockholders is $155,000

Explanation:

The dividends to preferred shareholders is computed as:

Dividends to preferred shareholders = Shares × Price per share × 8% × Number of years

where

Shares are 10,000

Price per share is $100

Number of years is 3 (2020,2021 and 2022)

Putting the values above:

= 10,000 × $100 × 8% × 3

= $80,000 × 3

= $240,000

Now,

The amount of dividends received by common stockholders is computed as:

Amount = Dividends to be paid in year 2022 -Dividends to preferred shareholders

$395,000 - $240,000

= $155,000

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Answer:

  • <u>an airline targeting customers with over 500k miles of travel on its airline</u>

Explanation:

Note, the focus of behavioral segmentation is to identify and separate the marketing strategy used on clients/customers based on mainly their behavior, and not on demography (age, gender, etc) or geography.

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A U.S. business sells milk to consumers in France. Which situation would most likely cause demand for milk to rise in France?
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A situation that would most likely cause demand for milk to rise in France is French consumers expect the price of milk to increase in the future.

<h3>What causes an increase in the demand for a product?</h3>

The demand for a product is affected by:

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When it is expected that the price of a product would increase in the future. Consumers would want to buy the product now when it is cheaper so as to save money.

For more information about the change in demand, please check: brainly.com/question/25871620

6 0
2 years ago
Novak Corp. has 44,000 shares of $11 par value common stock outstanding. It declares a 11% stock dividend on December 1 when the
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3 0
3 years ago
An investment banker agrees to a firm commitment offering of two million shares of Ace stock. The offer price is set at $55 and
balandron [24]

Answer:

loss of $ 1,400,000.00

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Amount of share : two million:

offer price per share: $55

selling price per share: $53.80

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a student organization that contributes to the preparation of a world-class workforce through the advancement of leadership, citizenship, academic, and technological skills for students at the Secondary and the Post-Secondary level.

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