Answer:
$6,500
Explanation:
39,000 shares of $5 par common stock
13,000 shares of $10 par 5% non-cumulative preferred stock = $6,500 in preferred stocks dividends per year. Since the preferred stocks are non-cumulative, if they are not paid during one period, that dividend cannot be recovered in future periods.
In 2020, $11,700 were paid in dividends:
- $6,500 were paid to preferred stocks
- $5,200 were paid to common stocks
Answer:
Option (C) $190,000
Explanation:
Data provided in the question:
Amount of the goods sold in exchange = $200,000
Note's market rate of interest at the time of sale = 12%
Discount note on September 1, 2005 = 10%
Now,
since the note is non-interest bearing.
As of September 1, 2005, 2 months have elapsed since the original issuance of the note on On July 1, 2005
Thus,
Only 6 months are remaining of the 8 month term.
Therefore,
Discount = $200,000 × 10% × 0.5 [ as 6 months = 0.5 year]
= $10,000
Therefore,
Proceeds from the discounting = $200,000 - $10,000
= $190,000.
hence,
Option (C) $190,000
Answer:
Correct option is (C)
Explanation:
Given:
Mortgage amount (PV) = $650,000
APR = 10%
Per month interest rate (rate) = 10% ÷ 12 = 0.8333% or 0.008333
Mortgage period (nper) = 30 years or 30×12 = 360 months
Monthly payment can be calculated using spreadsheet function =pmt(rate,nper,PV)
Monthly payment is computed as $5,704.02
PMT is negative as it is a cash outflow.
Answer:
b. willingness to pay
Explanation:
Willingness to pay is the term used for the economic value of the good to a person willing to buy under some given conditions. In this situation there is a silent auction which requires willingness of participant to pay the painting under auction. There is no competition involved and in absence of any comparison of prices b. willingness to pay is appropriate term to be used for this.
A brokerage firm that hires licensees as employees instead of as independent contractors must Pay licensees a regular salary regardless of the revenue they generate.
<h3>What is Employment?</h3>
- Employment is a partnership between two people that governs the delivery of compensated labor services.
- One party, the employer, who may be a company, a not-for-profit organization, a co-operative, or any other entity, pays the other, the employee, in accordance with the terms of a contract in exchange for doing the job that has been allocated to them.
- Employees perform work in exchange for pay, which may be made up of an hourly rate, piecework payments, or an annual salary, depending on the nature of the work performed, the industry conditions in effect, and the bargaining power of the parties.
<h3>What exactly is a broker? </h3>
- A brokerage offers middleman services in a variety of contexts, including investing, borrowing money, and buying real estate.
- A broker is a middleman who arranges a sale between a seller and a buyer.
- A broker may be an individual or a company.
Learn more about broker here:
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