Answer:
$25,300
Explanation:
The computation of the common shareholders received the dividend for the year 2021 is shown below:
Since in the year 2021, the dividend i.e. declared is $61,000
Now the preference shareholders dividend is
= $510,000 × 0.07
= $35,700
So for common shareholders, the dividend would be
= $61,000 - $35,700
= $25,300
Earnings on an IRA grow until C. you take the money out.
An IRA will continue to earn interest and gain value until your money is taken out of the account. Once the money is taken out, the interest will stop being earned. An IRA is a good savings plan to invest your money into for potential gain. There are low and high risks with investments but IRA's are pretty easy to navigate for first time investors.
Answer:
the same
Explanation:
When examiners in a large open area have the same level of authority and access, work production gives room for more efficeincy and increased production. This means that everyone is on the same level and can do everything needed without awaiting authorization and clearance which could slow down production.
Cheers.
Answer:
A. The practitioner may retain copies of the client's records
Explanation:
They must deposit $5,227,272.73 if the trust fund will pay $115,000 per year and the trust fund earns an annual return of 2.2%.
The amount to be deposited today can be considered as the present value that can be described as the current figure of a future sum of money or stream of cash flows provided a specified rate of return.
The amount to be deposited or in other words, the present value can be calculated by using the formula for present value;
PV = Annual cash flow / Interest rate
Substituting the given values of annual cash flow and interest rate in this formula;
PV = $115,000 / 0.022
PV = $5,227,272.73
Therefore, the amount that has to be deposited today by them is calculated to be $5,227,272.73
To learn more about the present value; click here:
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