Weaver corporation had the following stock issued and outstanding at january 1, year 1. 120,000 shares of $9 par common stock. 7,000 shares of $60 par, 8 percent, noncumulative preferred stock. on june 10, weaver corporation declared the annual cash dividend on its 7,000 shares of preferred stock and a $2 per share dividend for the common shareholders. the dividends will be paid on july 1 to the shareholders of record on june 20. required determine the total amount of dividends to be paid to the preferred shareholders and common shareholders.

Chuck, a single taxpayer, earns $80,750 in taxable income and $30,750 in interest from an investment in city of heflin bonds. (use the u.s. tax rate schedule.) (do not round intermediate calculations. round your answers to 2 decimal places.)

You hear your supervisor tell another supervisor that a fire drill will take place later today when the fire alarm sounds that afternoon you should

Sauer food company has decided to buy a new computer system with an expected life of three years. the cost is $440,000. the company can borrow $440,000 for three years at 14 percent annual interest or for one year at 12 percent annual interest. assume interest is paid in full at the end of each year. a. how much would sauer food company save in interest over the three-year life of the computer system if the one-year loan is utilized and the loan is rolled over (reborrowed) each year at the same 12 percent rate? compare this to the 14 percent three-year loan.