Answer: $107,900
Explanation:
Cumulative Preferred Shares refer to shares that a company has to pay dividends eventually. This means that if they are unable to pay for some years, they are to accrue that payment until they are able to.
There are 119000 shares of no-par 6% preferred stock with a stated value of $5.
That means preferred shares are liable to the following amount of dividends,
= 119,000 * 5 * 6%
= $35,700
Preferred Shares have not being paid for the past 2 years and need to be paid in the current year as well. That means 3 payments,
= 35,700 * 3
= $107,100
Preferred Shares are to be paid $107,100 out of the $215,000 with the rest going to common shares.
Amount going to Common Shares is,
= 215,000 - 107,100
= $107,900
Common Stockholders are to receive $107,900
Answer:
correct option is c.4%
Explanation:
given data
maturity value = $1,000
nominal rate of return r = 10 percent = 5 % semi annually = 0.05
mature time t = 5 years = 10 semi annually
current market value = $768
solution
we apply here present value formula that is
present value = coupon rate × maturity value × 
+ 
..............1
put here value and we get
$768 = coupon rate × $1000 × 
× 
solve it we get
coupon rate = 1.99549 % Semi-annual
so here annual coupon interest rate is = 2 × 1.99549 %
annual coupon interest rate is 3.99 = 4%
so correct option is c.4%
Answer:
Debit cash by $71,250, factoring expense by $3,750 and credit account receivable by $75,000.
Explanation:
Step 1 of 2
Calculate the amount of factoring fee.
Factoring fee = 5% ×Account Receivable
=5%×$75,000
=$3,750
Step 2 of 2. Journey record. Image attached.
Debit cash by $71,250, factoring expense by $3,750 and credit account receivable by $75,000.
Answer:
The correct answer is letter "A": acculturative stress.
Explanation:
Acculturative stress refers to an emotional state in which individuals find it difficult to adapt to a new culture. The term is typically used while speaking about traumatic situation immigrants face such as illegal citizenship status, the fact of not speaking the language of the new culture or discrimination but it can also imply individuals simply not being comfortable in their new cultural environments.
Answer:
She should have the laid off employees sign a non-disparagement agreement
Explanation:
