Sunland Company has 1050 shares of 4%, $100 par value, cumulative preferred stock and 52500 shares of $1 par value common stock outstanding at December 31, 2020. What is the annual dividend on the preferred stock

Answers

Answer 1

Based on the information given the annual dividend on the preferred stock is : $4,200.

Using this formula

Annual dividend=Number of shares× Par value× Shares Percentage

Where:

Number of shares=1050 shares

Par value=$100 par value

Shares Percentage=4% or 0.04

Let plug in the formula

Annual dividend=1050shares× $100×0.04

Annual dividend=$4,200

Inconclusion the annual dividend on the preferred stock is : $4,200.

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Related Questions

A firm is considering purchasing two assets. Asset A will have a useful life of 15 years and cost $3 million; it will have installation costs of $400,000 but no salvage or residual value. Asset B will have a useful life of 6 years and cost $1.3 million; it will have installation costs of $180,000 and a salvage or residual value of $300,000. Which asset will have a greater annual straight-line depreciation?
A) Asset B has $40,000 more in depreciation per year.
B) Asset B has $30,000 more in depreciation per year.
C) Asset A has $30,000 more in depreciation per year.
D) Asset A has $40,000 more in depreciation per year.

Answers

7919191922827aajashsg
89

100pts if you help me ..and brainleast
please correct me if im wrong

Answers

You are wrong. 100 points will not be given . 5 points will be given .

Monsters Incorporated (MI) in ready to launch a new product. Depending upon the success of this product, MI will have a value of either $100 million, $150 million, or $191 million, with each outcome being equally likely. The cash flows are unrelated to the state of the economy (i.e. risk from the project is diversifiable) so that the project has a beta of 0 and a cost of capital equal to the risk-free rate, which is currently 5%. Assume that the capital markets are perfect. Assume that in the event of default, 20% of the value of MI's assets will be lost in bankruptcy costs and suppose that MI has zero-coupon debt with a $125 million face value due next year. The initial value of MI's debt is closest to:

Answers

The Initial value of debt is $111.11 million.

Value of unlevered equity = ($100 million+ $150 million + $191 million)/3 / 1.05

Value of unlevered equity = $147 miliion / 1.05

Value of unlevered equity = $140 million.

Since the corporation have has zero-coupon debt with a $125 million face value, this means If the firm has a value of $100 million, all of it is from the debt value,

Initial value of debt = ($100 million + $125 million + $125 million)/3 / 1.05

Initial value of debt = $111.11 million.

The Initial value of equity = Value of unlevered equity - Initial value of debt

The Initial value of equity = $140 million - $111.11 million

The Initial value of equity = $29 million

Hence, the Initial value of debt is $111.11 million.

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what are the functions of middle level management​

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Answer:

Middle management is at the center of a hierarchical organization, subordinate to the senior management but above the lowest levels of operational staff.

Middle managers are accountable to top management for their department's function. They provide guidance to lower-level managers and inspire them to perform better.

Hope this helps you !!

Assume that you have already completed a 5-year international assignment working for KPMG as a Tax Consultant in Singapore.

By using the relocation transition curve, you need to write an essay to make your own analysis and explain how you adapted to the new living and working environment.

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Based on the information, it can be deduced that it's an indication of the uncertainty that exists in the Vietnamese cultural model.

From the complete information, Vietnam has low points in the avoidance index. This implies that they're less associated with their cultural roots and don't have concern for hiring white people.

Some of the solutions that can be applied for training the workers include providing them with ethical and language-based training and also encourage a team culture.

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Which of the following statements about car insurance is true?

Answers

Answer:

Were Are The Statements

Explanation:

No Statements

Norton Company purchased a building on January 2 by signing a long-term $480,000 mortgage with monthly payments of $4,500. The mortgage carries an interest rate of 10 percent. The amount owed on the mortgage after the first payment will be

Answers

The amount owed on the mortgage after the first payment will be a. $479,500.

Amount owed:

Amount owed=$480,000- [$4,500- ($480,000 x .10 x 1/12)]

Amount owed=$ 480,000 - ($4,500-$4,000)

Amount owed=$ 480,000 -$500

Amount owed = $479,500

Journal entry

Debit Mortgage interest expense $4000

[480,000 x .10 x 1/12)]

Debit Mortgage payable $500

($4,500-$4,000)

Credit Cash $4,500

Inconclusion the amount owed on the mortgage after the first payment will be a. $479,500.

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A reading researcher does what

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Answer:

They reveal how the author(s) interpreted the findings of their research and presented recommendations or courses of action based on those findings.

Explanation:

The T-Shirt Factory purchased 12 futures contracts on cotton at a quoted price of 55.50 as a hedge against its inventory needs. At the time it actually needed the cotton, the spot price was 56.10. Cotton futures are based on 50,000 pounds and quoted in cents per pound. How much did the Shirt Factory save by hedging cotton?
A. $1,280
B. $560
C. $2,400
D. $3,600

Answers

Answer:

D

Explanation: ……….

Use the following information of VPI Co. to prepare a statement of cash flows for the year ended December 31 using the indirect method. (Amounts to be deducted should be indicated by a minus sign.)
Gain on sale of machinery $42,400
Cash received from sale of machinery 7,400
Increase in accounts payable 6,400
Net income 10,400
Decrease in accounts receivable $ 2,600
Cash balance at prior year-end Increase in inventory 3,400
Depreciation expense 10,700
Cash received from issuing stock 2,700
Cash paid for dividends 5,400
VPI CO.
Statement of Cash Flows (Indirect Method)
For Current Year Ended December 31
Cash flows from operating activities
Adjustments to reconcile net income to net cash provided by operating activities
Income statement items not affecting cash
Changes in current operating assets and liabilities
Cash flows from investing activities
Cash flows from financing activities

Answers

god help you with this homework

what are the different types of patents?

Answers

Answer:

three types:-

utility patentsdesign patentsplant patents

You are the head of the central bank and you want to maintain a 2 percent long-run inflation rate. Suppose that velocity is constant and real GDP growth is 3 percent per year. Moreover, you know that the current money supply is $120 billion. Your money supply target for one year from today is $______ billion.

Answers

The answer I think is 12 billion

yared plc assembles and sells bicycles in bahir dar city. the company expects to sale 400 bicycles for br. 600 each in 2015. the total variable and fixed costs for there sales are br. 160,000 and 50,000 respective.
Required
a. how many bicycle should be sold for yared plc to each their breakeven point?
b. how many bicycle must be sold to earn a target operating in come of br. 90,000?
c. what amount of sales must yared plc have to earn a target net income of br. 63,000 they have a tax rate of 30 percent?

Answers

a. The number of units to be sold for Yared Plc to break-even is 250 units.

b. The number of units to be sold to earn a target operating income of br. 90,000 is 700 units.

c. The sales amount for Yared Plc to earn a target net income of br. 63,000 is 700 units.

Data and Calculations:

Sales units of bicycles = 400 units

Selling price per unit = br. 600

Total variable costs = br. 160,000

Unit variable cost = br. 400 (br. 160,000/400)

Contribution margin per unit = br. 200 (br. 600 - br. 400)

Fixed costs = br. 50,000

Tax rate = 30%

Net income = income after tax

= 1 - 30%

= 70%

a. The number of units to be sold for Yared Plc to break-even is given by Fixed Costs/Contribution margin per unit

= br. 50,000/br. 200

= 250 units.

b. The number of units to be sold to earn a target operating income of br. 90,000 is given as (Fixed Costs + Target Profit)/Contribution margin per unit

= (br. 50,000 + br. 90,000)/br. 200

= br. 140,000/br. 200

= 700 units.

c. The sales amount for Yared Plc to earn a target net income of br. 63,000 is (br. 50,000 + br. 63,000/(1 - 30%)/br. 200

= (br. 50,000 + br. 90,000)/br. 200

= br. 140,000/br. 200

= 700 units.

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You receive an email that you have won $100. For the company to transfer the money to your account, they need access to your bank routing number. What is the BEST way to handle this situation?


A. Reply with the information asked for.


B. Ask for further verification to prove that this is a legit company.


C. Request that they send you the money via an electronic gift card.


D. Click on the company’s logo so you can verify they have a real website.

Answers

Answer:

B

Explanation:

The BEST way to handle this situation is to ask for further verification to prove that this is a legit company.

What does verification means?

This is when an individual ensures that the information he or she receives is genuine. The reason is to prevent fraud from the person sending an email.

Hence, the BEST way to handle this situation is to ask for further verification to prove that this is a legit company.

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#SPJ2

Which of the following is true of the kinked demand model of​ oligopoly?
A. Each firm believes that if it lowers its price the other firms will follow​ suit, but if it raises its price the other firms will not raise their prices.
B. Each​ firm's marginal revenue curve is discontinuous at its current level of output.
C. The model predicts price rigidity. For​ example, the firms may not change their prices when marginal costs change.
D. All of the above are true.

Answers

Answer: D

Explanation:

On October 1, 2014, Dakota Company issued an $800,000, 10%, nine-month interest-bearing note. If the Dakota Company is preparing financial statements at December 31, 2014, the adjusting entry for accrued interest will include

Answers

Based on the information given the adjusting entry for accrued interest will include debit to Interest Expense of $20,000.

The appropriate adjusting entry to record the given transaction is:

Dakota Company journal entry

December 31, 2014

Debit Interest Expense

Credit Interest Payable $20,000

($800,000×10%×3/12)

(To record accrued interest)

Inconclusion  the adjusting entry for accrued interest will include debit to Interest Expense of $20,000.

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At a chip manufacturing plant, four technicians (A, B, C, and D) produce three products (Products 1, 2, and 3). This month, the chip manufacturer can sell 80 units of Product 1, 50 units of Product 2, and at most 50 units of Product 3. Technician A can make only Products 1 and 3. Technician B can make only Products 1 and 2. Technician C can make only Product 3. Technician D can make only Product 2. For each unit produced, the products contribute the following profit: Product 1, $6; Product 2, $7; and Product 3, $10. The time (in hours) each technician needs to manufacture a product is as follows(X means the technician can not produce the corresponding product). Each technician can work up to 120 hours per month. How can the chip manufacturer maximize its montly profit

Answers

The chip manufacturer can maximize the monthly profit by using the objective function: z = 6X₁ + 7X₂ + 10 X₃

An objective function is a function that has the goal of maximizing or minimizing the model's value based on the relationship between the variables in the function.

The term "decision variables" refers to a group of variables that are responsible for regulating the objective function.

The decision variable for the quantity of the product 1, 2, 3 manufactured can be expressed as:

X₁, X₂, X₃

The objective function used in maximizing the profit is:

z = 6X₁ + 7X₂ + 10 X₃

This is subjected to the constraint:

2X₁ + 3X₃  ≤  120     (Tech A time and manufacturing limitation)2.5X₁ + 3X₂  ≤  120  (Tech B time and manufacturing limitation)4X₂  ≤  120               (Tech C time and manufacturing limitation)3.5X₂  ≤  120            (Tech D time and manufacturing limitation)

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Imagine you own a company that makes YOUR FAVORITE PRODUCT.

Answers

Answer:

I am not sure what you want me to answer but Ill give you my P.O.V

Explanation:

If I had my own company with my favorite product I would have created more of the things related to that product. And invest my money in other products I enjoy using. And improve on that product make it better.

I would probably use that product and make more products that people like

During the 'Value Articulation' cycle, you are asked to identify whether the solution can be productized for leverage in
future engagements. What would you need to ensure?

Answers

To leverage the productization of solutions identified during the "Value Articulation" cycle, you need to ensure that the solutions gained from the session develop into marketable products.

In all value articulation, the most important factors to consider are as follows:

1. Will the product meet the challenges or desires of potential customers?

2. What are the changes the product will create for the customer?

3. What is the value-added for my organization?

Thus, you must ensure that as the solutions develop into marketable products, they must generate sufficient revenue growth and profitability for the organization.

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Based on the information, it's important to ensure that the solutions gained from the session will enhance the revenue of the company.

Value articulation simply means a framework that's vital in assimilating intellectual property activities within the practices of marketing.

Based on the information given, since the person is asked to identify whether the solution can be productized for leverage in future engagements, it's important to ensure that the solutions gained from the session will enhance the revenue of the company.

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Help help help help help help please please

Answers

Answer:

C. it allows them to collect income tães from employees

Enter the December 31 adjustments in the following table for prepaid insurance, supplies, accrued wages, accrued revenue, and unearned revenue. Then, complete the adjusted trial balance by entering the adjusted balance for each of the accounts.

Answers

……………..;::::::::::::::::::::::::::::::::::::::::::::::::::::::

What trick of trust describes why companies trying to sell you something will often use terms like 'limited edition' or 'limited time deal', or even put countdowns of time left or number of items left on the screen

Answers

The trust trick for making sales using terms like "limited edition" or putting countdowns of time and remaining items for an offer is called the scarcity technique.

Scarcity marketing can be understood as a way to activate psychological triggers to generate purchase desire in consumers through product shortages, as people tend to perceive limited quantities as more valuable.

This strategy to drive sales will be effective if it meets three criteria:

It is usefulIt is transferable between peopleIt has the potential to be possessed

Therefore, companies can gain significant advantages by implementing the scarcity technique, increasing sales and generating greater value for the consumer.

This strategy needs to be used sparingly so as not to create too much pressure on the consumer to make a purchase and not to generate an image of poor inventory management.

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Help help please I need straightforward answer please

Answers

Answer:

I think its B i could be wrong but that's what makes sence to me

B might be the answer

Help help help businesses

Answers

Answer:

A. monopolize access to printing currency

Answer is A - monopolise access to printing currency.

And, the Central bank has two primary goals in what is known as a dual mandate. Those goals are price stability, low inflation (at about 2 percent), and maximum employment.

ou are considering implementing a lockbox system for your firm. The system is expected to reduce the collection time by 3 days. On an average day, your firm receives 1,370 checks with an average value of $880 each. The daily interest rate on Treasury bills is 0.01 percent. The bank charge per check would be $.25. What is the net present value of this lockbox arrangement

Answers

The net present value of this lockbox arrangement is $1,205,378.06.

Since you are considering implementing a lockbox system for your firm, and on an average day, your firm receives 1,370 checks with an average value of $ 880 each, and the daily interest rate on Treasury bills is 0.01 percent, and the bank charge per check would be $ 0.25, to determine what is the net present value of this lockbox arrangement, the following calculation must be performed:

((1370 x 880) x 1.0001) - (1370 x 0.25) = X 1,205,720.56 - 342.5 = X 1,205,378.06 = X

Therefore, the net present value of this lockbox arrangement is $1,205,378.06.

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A company has a before-tax cost of common equity of 14%, a pre-tax cost of debt of 6%, a cost of preferred equity of 8%, and a marginal tax rate of 34%. The current market value of the company is $150 million, with $75 million common equity, $50 million debt, and $25 million preferred equity. What is this company's weighted average cost of capital?

Answers

Weighted average cost of capital = [Cost of equity * Proportion of equity] +[Cost of preferred stock * Proportion of preferred stock] +[Cost of debt *(1-tax rate)*proportion of debt]

Cost of equity =0.14

Proportion of equity = 75/150 = 3/6

Cost of preferred stock = 0.08

Proportion of preferred stock = 25/150 = 1/6

Cost of debt = 0.06

Tax rate = 0.34

Proportion of debt = 50/150 = 2/6

Weighted average cost of capital =[0.14*3/6]+[0.08*1/6]+[0.06 (1-0.34)*2/6]

Weighted average cost of capital = 0.07+0.013+0.0128 = 0.0958 = 9.58%

QUESTION 7 of 10: What is an advantage of selling consumable items?
ОООО
a) They do not need refrigeration
b) They typically have a large profit margin
c) They are long-lasting
d) They tend to generate repeat business
Sulinit

Answers

Answer:

its D. they tend to generate repeat buisness

Explanation:

Answer: They tend to generate repeat business

3 of 45
In order to determine exactly what portion of a mortgage loan the VA will guarantee on behalf of
a qualified veteran, the borrower must apply for a

Answers

Answer:

Certificate of Eligibility (COE)

Explanation:

In order to determine exactly what portion of a mortgage loan the VA will guarantee on behalf of a qualified veteran, the borrower must apply for a Certificate of Eligibility (COE).

The Certificate of Eligibility (COE) is a letter issued by the Department of Veterans Affairs (VA), which attests the eligibility of the veteran for a VA-backed home loan. There are a few ways to obtain a COE:

Through mail, by filling out the VA Form 26-1880 (Request for Certificate of Eligibility).Through the VA's website.Through lenders.

Veterans must also have at least one of the following Character of Service (COS) requirements upon discharge from the military: Honorable, General, Uncharacterized, and Under Honorable Conditions.  

did I click THE RIGHT ONE CAN SOMEONE HELP ME OUT PLEASE

Answers

Answer:

what did you click

Explanation:

what are the fundamental factor for local level vocation?list them and explain three of them​

Answers

Answer:

Fundamental factor for local level vocation :-

> Physiotherapy Technician :-

Physiotherapy Technician is a 10th standard medical nursing course. Physiotherapists provide treatment, preventive advice and care while rehabilitating those with physical and psychological impairment to maximize functional abilities for health lifestyle.

> Medical Lab Technology course:-

The diploma course is known as Diploma in Medical Laboratory Technology, abbreviated as DMLT. To take admission to DMLT/BMLT course in India, a candidate must qualify Class 12 from a recognised board or institute. The duration of DMLT is two years, whereas, that for BMLT course is 3 years and 6 months.

> Marketing & Salesmanship:-

Marketing and Salesmanship is a very important discipline of knowledge. Because of this process, a lot of changes have occurred in marketing practices. Both Marketing and Salesmanship require the knowledge of various advanced techniques of advertising, business correspondence , business law, sales management etc .

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