Arundel Corporation has 7,000 shares of 6% $100 par cumulative preferred stock outstanding. Arundel paid all preferred dividends due for the year 2019 but paid no dividends in 2020. What amount will Arundel need to pay preferred shareholders in 2021 if they wish to pay a dividend to common shareholders?

Answers

Answer 1

The amount will Arundel need to pay preferred shareholders in 2021 if they wish to pay a dividend to common shareholders is 84,000

Using this formula

2021 preferred shareholders(per year)=Per dividend * Dividend rate

Let plug in the formula

2021 preferred shareholders(per year)=[(7,000*$100)*6%]

2021 preferred shareholders(per year)=($700,000*6%)*2

2021 preferred shareholders(per year)=42,000*2

2021 preferred shareholders(per year)=84,000

Inconclusion The amount will Arundel need to pay preferred shareholders in 2021 if they wish to pay a dividend to common shareholders is 84,000

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Related Questions

Please please help me
Find the total surface area.
A. 131.7 mi²
B. 143.4 mi²
C. 198.6 mi²
D. 99.5 mi²

Answers

Answer:

B. 143.4 [tex]\text{mi} ^2[/tex]

Step-by-step explanation:

In simple terms, surface area =  adding area of all surfaces

This figure has 6 sides.

Surface area = 2 * area of trapezium + 2* area rectangle + area of bottom rectangle + area top rectangle

Surface area = 2 * ([tex](\frac{a+b}{2}) * h + 2* (l*w) + l*w + l*w[/tex])

= [tex]2 * (\frac{3+6}{2} * 2.6) + 2* (8*3) + 3*8 + 8*6[/tex]

= [tex]2 * 11.7 + 2* 24 + 24 + 48[/tex]

= 143.4 [tex]\text{mi}^{2}[/tex]

Let me know if you need further explanation

Simplify the following expression and show your work in details please .

Answers

Answer:

-2

Step-by-step explanation:

First you distribute:

= 6t + (3) (1) + (3) (-2t) + -5

= 6t + 3 + -6t - 5

Then combine like terms

(6t + -6t) + 3 + -5)

= -2

Find the area of a circle with a diameter of 10 feet

Answers

Answer:

31.43ft

Step-by-step explanation:

πd=22/7×10ft

=31.43ft

Answer:

78.5 sq feet

Step-by-step explanation:

Diameter = 10 feet

Radius = 5 feet

Area of circle=πr²

                     = π(5)²

                     = 25π

                     = 25 x 3.14

                     = 78.5 sq feet

rob has 31 pounds of chocolates he divides it into 5 equal portions .how much does each portion weigh?
a. 31 ib
b. 5 ib
c. 18 ib
b. 9 ib​

Answers

The answer is supposed to be like 6. 30/5=6 so then 31/5 is like 6.2. So if there’s no option that is 6 go with 5.

what is the focus of x2 - 6x + 8y = -9

Answers

Answer:

(3, -2)

Step-by-step explanation:

In order to find the focus of a parabola, you must know that the equation of a parabola in a vertex form is y=a(x−h)2+k where a represents the slope of the equation. From the formula, we can see that the coordinates for the focus of the parabola is (h, k+1/4a).

Yossi used to have a square garage with 354 ft² of floor space. He recently built an addition to it. The garage is still a​ square, but now it has​ 50% more floor space. What was the length of one side of the garage​ originally? What is the length of one side of the garage​ now? What was the percent increase in the length of one​ side?

Answers

Original length = sr(354) = 18.8 feet

New length = sr(354 x 1.5) = 23.0 feet

Percent increase = (23.0 - 18.8) / 18.8 x 100 = 22.3%

If you calculate the increase using unrounded values it is 22.4744871%. Close to 22.5%.
Avoid using rounded values in any further calculations!

Model the situation.

The sum of two consecutive integers is 85. Find the integers that satisfy this condition.
Answer choices

A) 1 + 2 = 85

B) x+(x+1)=85

C) x+x=85

D) x+2x=85

Answers

Answer:

Option B is correct

Step-by-step explanation:

Let the number be x

Second number = x + 1

Sum = 85

x + x + 1 = 85

2x + 1 = 85

2x = 85 - 1

2x = 84

x = 84/2 = 42

Numbers are 42 and 43

Answer:

B) x+(x+1)=85

Step-by-step explanation:

Consecutive means in a row

Let x be the first integer

x+1 is the next integer

x+x+1 = 85

Simpson Office Furniture pays Betty Thomas a $2740 monthly salary plus a 11% commission on merchandise she sells each month. Assume Betty's sales were $94100 for last month. Calculate the following amounts: a. Amount of Commission: b. Gross Pay:​

Answers

Answer:

a. 11/100* 94100 =$10,351

b.10,351+ 2740= $13,091

Please help ASAP!!!!

Answers

Answer:

x = y - 8

Step-by-step explanation:

To solve for x just subtract 8 from both sides to isolate x.

Which expression is equivalent to a + a"?
O amin
aman
amin

Answers

third option:- a^m-n

your welcome.

Suppose a right triangle has a
hypotenuse length of 12. If one of
the legs has length 5, what would
the length of the last leg be?

Answers

Answer:

See the last two lines below. I don't know which one you want.

Step-by-step explanation:

hypotenuse = 12

One leg        = 5

other leg =      x            Substitute into a^2 + b^2 = c^2

x ^2 + 5^2 = 12^2

x^2 + 25 = 144              Subtract 25 from both sides

x^2 = 144 - 25              Combine

x^2 = 119                      Take the square root of both sides

x = sqrt(119)

x = 10.91

Sorry for small handwriting ​

Answers

Step-by-step explanation:

4 is added to each number

A/q ,

5x+4/6x+4 = 7/8

Now , cross multiply

7/6x + 4) = 8 (5x + 4 )

42x + 28 = 40x + 32

42x - 40x = 32 - 28

2x = 4

x= 4/2

x= 2

answer :

5x = 10

6x = 12

Step-by-step explanation:

hope it helps.u........

How much cat food do all of the cats eat in one day?

Answers

this is a odd question.
10 pounds somewhere around 250 calories a day so that’s 1/2 or 1/3 a cup total of a 500 calories cats food

Plss help me! Brainlist! Pls!!! I’m so confused!!!!

Answers

3^ (1-2x)=243 and ya that’s how you solve it if u don’t understand let me know

Evaluate the function and simplify.

f(x)=6x^2 -1/x^2

f(-x)=?

Answers

Step-by-step explanation:

f(-xl= 6(-x)^2 - 1/(-x)^2

=6x^2- 1/x^2

f(x)= f(-x)

It is an even function

Write a system of equations to describe the situation below, solve using elimination, and fill in the blanks.

Mrs. Henson's grandchildren are participating in a gift wrap sale to raise money for their school. She decided to stock up, so she ordered 1 roll of reversible paper and 3 rolls of metallic paper from Peter, spending a total of $43. She also ordered 4 rolls of reversible paper and 4 rolls of metallic paper from Ron, which cost a total of $100. Assuming that rolls of each type are priced the same, what is the price for each kind of paper?

Rolls of reversible paper cost $____ each, and rolls of metallic paper cost $___ each.

Help Me please teacher gunna kill me

Answers

yes what is Ford the priblem

2 fnd the circumference of a circle in which diametey 42cm.​

Answers

Answer:

132cm

Step-by-step explanation:

circumference = [tex]\pi \\[/tex]d = [tex]\pi[/tex](42) = 131.9468 ≈ 132

help me solve this problem

Answers

Step-by-step explanation:

i don't get the question

What’s the integer for 8 mph above the speed limit

Answers

The integer that describes 8 mph above the speed limit is +8

The given parameter:

8 miles per hour (mph) above the speed limit

To find:

the integer above the speed limit

The given expression contains integer that describes the magnitude of the expression and S.I unit that describes the dimension of the quantity.

miles per hour = unit of the quantity8 is the integer+8 is the integer above the speed limit

Note: integers are whole numbers

Thus, the integer that describes 8 mph above the speed limit is +8

Learn more here: https://brainly.com/question/19824164

Islamic Question That I Need Asap:
Enumerate The Recommendations Of Prophet Muhammad (PBUH) From The Hadeeth Below

“O boy! I will instruct you in some matters. Be mindful of Allah, and He will protect you. Be mindful of Allah, and He will be ever with you. If you beg, beg of Him alone; and if you need assistance, supplicate to Allah alone for help. And remember that if all the people gather to benefit you, they will not be able to benefit you except that which Allah had foreordained for you; and if all of them gather to harm you, they will not be able to afflict you with anything other than that which Allah had predestined against you. The pens had been lifted and the ink had dried up.

Answers

Use Socratic it will help

Answer:

[tex]thank \: you[/tex]

pls help

write the sentence as an equation

14 is 248 fewer than Q​

Answers

Answer:

Step-by-step explanation:

14<Q-248

Answer:

14=Q-248

Step-by-step explanation:

(2.5*10^3)*3.4*10^2 (in scientific notation)​

Answers

Answer:

8.5×10⁵

Step-by-step explanation:

2.5×10³ × 3.4×10² = (2.5×3.4) × 10³⁺² = 8.5×10⁵

[tex]\\ \rm\longmapsto 2.5\times 10^3\times 3.4\times 10^2[/tex]

[tex]\boxed{\sf a^m\times a^n=a^{m+n}}[/tex]

[tex]\\ \rm\longmapsto 2.5\times 3.4\times 10^3\times 10^2[/tex]

[tex]\\ \rm\longmapsto 8.5\times 10^{3+2}[/tex]

[tex]\\ \rm\longmapsto 8.5\times 10^5[/tex]

What is the answer to this question?

Answers

The guitar's volume was amplified, but it was hard to hear the notes since it was so loud.

What word or phrase is a signal word that a context clue might be nearby to help determine the meaning of "amplified"?

Step-by-step explanation:

Which is a point on the circle whose center is (0,0) and whose radius is 5? A. (0,0)
B. (4,5)
C. (3, 4)
D. (2,3)

Answers

Answer:

(3,4)

Step-by-step explanation:

x^2+y^2=(5)^2

if you graph it you will see that (3,4) is on the circle

I need help with this question

Answers

I believe it is 192 cm

My cousin needs help with this please help thanks

Answers

Answer:

A. [tex] \cos \: x - 4 \: \cos \: x \: { \sin}^{2}x[/tex] (first option)

Step-by-step explanation:

➡️ [tex] \cos(x + 2x) [/tex]

➡️ [tex] \cos \: x \: { \cos}^{2} x - \sin \: x \: { \sin }^{2} x[/tex]

➡️ [tex] \cos \: x(1 - 2 \sin^{2}x) - \sin \: x \times 2 \sin(x) \cos(x) [/tex]

➡️ [tex] \cos(x) - 2 \sin^{2} x \cos(x) - 2 \sin^{2} x \cos(x) [/tex]

➡️ [tex] \cos(x) - 4 \cos(x) \sin^{2} x[/tex]

f (-18) = ?
Evaluate piecewise functions

Answers

Answer:

f(-18) = -8

Step-by-step explanation:

When x = -18, it corresponds to the first piece:

f(x) = (x - 6)/3f(-18) = (-18 - 6)/3 = -24/3 = -8

x=-18 there is a expression present

f(-18)

(-18-6)/3(-24)/3-8

The odometer on your car read 53,305 at this time last year. It now reads 79,964. Estimate the number of miles your car has been driven during the past year. (Estimate to the nearest thousand miles.)

Answers

Answer:

26659

Step-by-step explanation:

subtracting the recent meter and the last time meter

create 5 problems using all operations that has a solution of 5​

Answers

Answer:

((5*5) + (10-5) * (50/100)) ÷ 3 = 5

((4*4)+(17-8 *(1.378/2)) ÷ 3.445 = 5

Step-by-step explanation:

Reduce to simplest form.

-1/4-(-3/5)=

Answers

-1/4+3/5 because negative and negative become positive then
Add both fractions -1/4+3/5= then find a common denominator so 20 is the common denominator -5/20+12/20=7/20
So ur answer is 7/20
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