Answer: $3500
Explanation:
Preferred stock:
Number of shares = 1000
Par value = $50
4.5% cumulative
Common stock:
Number of shares = 10000
Par value = $10
Total first-year cash dividend paid = $1000
The cash dividend that must be paid to preferred stockholders in the second year before any dividend is paid to common stockholders is:
Preferred Stock dividend = 1000 × 0.045 × 50 = $2250
Unpaid dividend from year 1 = $2250 - $1000 = $1250
Year 2 dividend = $2250
Total dividend due in year 2 = $(1250 + 2250) = $3500
<span>It's important for people who work in the medical field who work directly with patients to have a good "bedside manner" because this will get patient to open up. Only with info from patient as well as diagnostic test can there be reasonable diagnosis.</span>
Answer:
The correct answer is letter "A": strategic plan.
Explanation:
A strategic plan refers to the long term objectives a company establishes and the steps it selects to take to accomplish those goals. Departments within an entity can also outline their own strategic plan. The Human Resources (HR) department, for instance, needs a strategic plan to improve processes related to <em>recruiting, hiring, training, </em>and <em>firing</em> employees.
Every company needs to have only the necessary workforce according to their production. Then, the HR department must be aware of the level of output of the company to spot labor hand surpluses or shortages. The HR representatives are also responsible for planning employee appraisal and compensation.
The correct options are A AND D.
Great Britain was the most prosperous country in the world before the World War l. But after the war the country experience a period of stagnation because of the huge amount of money which was spent on the war. Britain's purse was as good as depleted when the war was over. Beside, during the course of the war, a lot of factories and industries which produced various goods were destroyed. This drastically reduced the volume of goods that were produced after the war.
Answer:
Decrease by $12,000.
Explanation:
Sales = $215,000
Variable expenses = $125,000
Contribution margin = $90,000
Fixed expenses = $130,000
Current net income = -40000
(loss)
Unavoidable fixed expense = 40% of Fixed expenses
= 130,000 × 40%
= $52,000
Net income = 0-52000= -52000
Change in net income = -52000 - (-40000)
= -12000
Therefore, the company’s net income will decrease by $12,000.