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$550000 Shareholders' equity Share capital $10 convertible preferred shares. 10,000 shares authorized, 5000 shares issued Common shares, no par value, 200,000 shares authorized, 80000 shares
$550000 Shareholders' equity Share capital $10 convertible preferred shares. 10,000 shares authorized, 5000 shares issued Common shares, no par value, 200,000 shares authorized, 80000 shares issued Total share capital Retained earnings Total shareholders' equity 2000000 2550000 451000 $3001000 What is the dividend amount payable to preferred shareholders in 2021 assuming no shares are converted? $800000 O $50000 O $2000000 o $1000000 The Bramble Industries has the following account balances: Retained earnings $75100 Revenue $380000 Operating Expenses $304000 Interest Expense $16200 On the corporate income statement what will be the amount reported as 'profit" given an income tax rate of 20%? O $44600 O $47840 O $59800 $60080 PAC Strategic Inc. has sold its baby food division in the current year. PAC has a $35,000 loss from operation of the baby food division and a loss on sale of the division's assets of $20,000. Assuming PAC has a tax rate of 30%, the total loss from discontinued operations reported on PAC's income statement is O $16,500 O $44,500. O $38,500. O $55.000. A $940 face value bond with a quoted price of 90 is selling for O $846. O $90. $864. $940
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