Answer:
Find attached complete question:
common stock dividends is $38,960
preferred stock dividends is $5,040
Explanation:
Going by the complete question,preferred stock dividends is computed thus:
preferred stock dividends=number of shares*par value*dividend rate
number of shares is 7000 (issued and outstanding)
par value of share is $12
dividend rate is 6%
preferred stock dividend=7000*$12*6%=$5040
The preferred stockholders would receive $5040 dividends while the remainder of dividends goes to common stockholders as shown below
Total dividends $44,000
preferred stock dividends ($5040)
common stock dividends $38,960
Answer:
=$ 80, 200.00
Explanation:
selling price : $ 330,000.00
Commission 6 %:
Commissions paid = 6/100 x $ 330,000.00
=$19,800.00
Closing costs =: $ 5000.00
Mortgage paid : $ 225,000
Total payouts: $19,800 + $50,00+ $225,000
=$ 249, 800.00
Rusty Expects: $ 330,000.00- $ 249,800.00
=$ 80, 200.00
Answer:
Bar chart
Explanation:
A bar chart can as well be regarded case a "bar graph", it can be explained as a chart/graph that gives the representation of categorical data as a
rectangular bars, where the height of the rectangular bars will equal to the data values they are representing. This bars could be horizontally or vertically plotted. It should be noted that bar chart shows individual figures at a specific time, or shows variations between components but not in relation to the whole.
Given the following parameters:
The employer pays the employee (gross earnings) – $1,200
The employer pays for social security and medicare taxes – $91.80
The employer pays for the Federal
Unemployment Tax Act (FUTA) – $9.60
The employer pays for the State
Unemployment Tax Act (SUTA) – $64.80
The total cost of this employee to the employer is the summation of all these costs
1,200 + 91.80 + 9.60 + 64.80 = $1366.20
Answer:
As follows:
Explanation:
For acquisition of Westmont Company.
Inventory dr. 600,000
Land dr. 990,000
Buildings dr. 2,000,000
Customer Relationships dr. 800,000
Goodwill dr. 690,000
Accounts Payable cr. 80,000
Common Stock cr. 40,000
Additional paid-up capital cr. 960,000
Cash cr. 4,000,000
For legal fees
Services Expense dr 42,000
Cash cr 42,000
For stock issuance
Additional Paid-In Capital dr 25,000
Cash cr 25,000