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Bad White [126]
1 year ago
14

Brewer Inc. has 5,000 shares of 6%, $50 par value, cumulative preferred stock and 100,000 shares of $1 par value common stock ou

tstanding at December 31, 2017, and December 31, 2016. The board of directors did NOT declare dividends in 2016. What are the dividends received by the preferred stockholders in 2017?
Business
1 answer:
scZoUnD [109]1 year ago
6 0

Answer:

Total dividend = 30,000

Explanation:

Given:

Total number of stock = 5,000

Dividend rate = 6% = 0.06

Per value = $50

Computation of dividend per year:

Dividend per year = Total number of stock × Per value × Dividend rate

Dividend per year = 5,000 × $50 × 0.06

Dividend per year = 15,000

For cumulative preferred stock:

Total dividend = 2016 Dividend + 2017 Dividend

Total dividend = 15,000 + 15,000

Total dividend = 30,000

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Suppose that you start working for a company at age 25. You are offered two rather unlikely, but quite enticing, retirement plan
Harlamova29_29 [7]

Answer:

Total amount= $600,000

Explanation:

Giving the following information:

Suppose that you start working for a company at age 25.

<u>Option 1:</u>

$20,000 for each year of work.

Number of years of service= 55 - 25= 30 years

<u>Now, the total retirement plan:</u>

Total amount= 30*20,000= $600,000

8 0
2 years ago
Delta Insurers typically affirms or denies claims within 120 days after it receives proof of loss statements. Which statement is
mamaluj [8]

Answer:

Option A is correct

Explanation:

The 2 Option are:

<em>i. The firm Delta Insurers typically affirms claims within 120 days after it receives proof of loss statements </em>

<em>ii. The firm Delta Insurers typically denies claims within 120 days after it receives proof of loss statements.</em>

<em />

Delta insurance company is a typical insurance company that operates it business in line with the Insurance practice code in its operation country. Failure of perform those duties strictly will lead to revoke of operational license which will incur consequential loss for the Insurance Company.

Delta Insurers insures against peril of Vehicle, Fire, Burglary, Consequential loss, Business Interruption and so on.

The insurer however have its own mode of settling claims as stated in the Policy form. The statement might be stated in there that "<em>we typically affirms claims within 120 days after we receives proof of loss statements". </em>No insurer can states in its policy form that "<em>we typically affirms claims within 120 days after it receives proof of loss statements", t</em>his is against the code of conduct of Insurance business

<em />

7 0
1 year ago
You have figured out the marginal cost and the marginal benefit of buying an extra smoothie. In 2-3 sentences, describe how you
saw5 [17]
I think I must first get the marginal cost of the product before i bought if it is worth it to its value, Then i would compute for the marginal benefit to know what would i gain in this product. Lastly I would compare both the marginal cost and marginal percentage if the cost is lower than the benefit then the product is worth it to buy.
6 0
2 years ago
Read 2 more answers
Calculator Atlas Company provided the following information for last year: Operating income $ 92,000 Sales 235,000 Beginning ope
disa [49]

Answer:

b.0.22

Explanation:

Return on investment (ROI) = Operating income/ Beginning Operating Asset = $ 92,000/ $440,000 = 0.22

8 0
2 years ago
Which loan created a habit where the borrower kept coming back to request an extension?
Anna35 [415]

Answer:

Extension proposals are not rare because of the buyer's perspective of bridging finance as well as the explanations for both the requirements can indeed be broad. The much more common explanations are.  

Explanation:

  • It has required longer than planned to secure planning approvals.
  • When a transaction has been negotiated, the borrower awaits an exchange of contracts.
  • Additional resources as well as time are needed by the creditor to accomplish his project.
  • Refurbishment analysis was suddenly postponed.
  • Before actually refinancing the debt, the creditor waits for something like a new lender to conclude his thorough research.
  • Throughout the final moment, the buyer of the creditor's property backs out, causing the borrower to bring the estate back into the marketplace.
  • Throughout the last minute, the previous buyer refinancing the property backs out, obliging the creditor to find some mortgage company.
4 0
1 year ago
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