A company began business in 2017 by issuing 6,000 shares of $40 par value, 8% preferred stock and 100,000 shares of $3 par value common stock. There is no treasury stock and the preferred stock is cumulative. The company has declared and paid the following dividends: 2017 $12,000
2018 $10,000
2019 $50,000
Assuming no change in the number of shares outstanding between 2017 and 2019, determine the dollar value of the dividend that would be allocated to the common shareholders in 2019.
A. $14,400
B. $30,800
C. $21,600
D. $33,600
E. $0

In most states, a licensee must provide a(n) of any existing agency relationships to all parties

Shelby company produces three products: product x, product y, and product z. data concerning the three products follow (per unit): product x product y product z selling price $ 85 $ 65 $ 75 variable expenses: direct materials 25.50 19.50 5.25 labor and overhead 25.50 29.25 47.25 total variable expenses 51.00 48.75 52.50 contribution margin $ 34.00 $ 16.25 $ 22.50 contribution margin ratio 40 % 25 % 30 % demand for the company’s products is very strong, with far more orders each month than the company can produce with the available raw materials. the same material is used in each product. the material costs $8 per pound, with a maximum of 4,400 pounds available each month. required: a. compute contribution margin per pound of materials used. (round your intermediate calculations and final answers to 2 decimal places.) contribution margin per pound product x $ product y $ product z $ b. which orders would you advise the company to accept first, those for product x, for product y, or for product z? which orders second? third? product x product y product z

The following transactions occur for badger biking company during the month of june: a. provide services to customers on account for $32,000. b. receive cash of $24,000 from customers in (a) above. c. purchase bike equipment by signing a note with the bank for $17,000. d. pay utilities of $3,200 for the current month. analyze each transaction and indicate the amount of increases and decreases in the accounting equation. (decreases to account classifications should be entered as a negative.)