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Michelangelo Inc., a software development firm, has stock outstanding as follows: 20,000 shares of cumulative 1%, preferred stock of $25 par, and 25,000 shares of $100 par common. During its first four years of operations, the following amounts were distributed as dividends: first year, $3,000; second year, $4,000; third year, $30,000; fourth year, $80,000. Calculate the dividends per share on each class of stock for each of the four years. Round all answers to nearest whole cent. If no dividends are paid in a given year, enter "0".
1st Year 2nd Year 3rd Year 4th YearPreferred $ $ $ $Common $ $ $ $
1 yr p=.15 c=0 / 2 yr p=.20 c=0 / 3 yr p=.40 c=? / 4 yr p=.25 c=3.0
Prepare the company's cash budget for June in good form. Make sure to indicate what borrowing, if any, would be needed to attain the desired ending cash balance.
consider the following data regarding budgeted operations for 20x7 of the portland division of machine products average
With that said, is pursuit of ALL self interest in contract unethical? If not, at what point does it become unethical?
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what atmospheric conditions must change so that the westerly fl owing polar front jet stream reverses direction and
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