Jim corporation pays its cumulative preferred stockholders $1.50 per share. jim has 30,000 shares of preferred and 70,000 shares of common. in 2015, 2016, and 2017, due to slowdowns in the economy, jim paid no dividends. now in 2018, the board of directors decided to pay out $440,000 in dividends. how much of the $440,000 does each class of stock receive as dividends?

Diversified semiconductors sells perishable electronic components. some must be shipped and stored in reusable protective containers. customers pay a deposit for each container received. the deposit is equal to the container’s cost. they receive a refund when the container is returned. during 2018, deposits collected on containers shipped were $856,000. deposits are forfeited if containers are not returned within 18 months. containers held by customers at january 1, 2018, represented deposits of $587,000. in 2018, $811,000 was refunded and deposits forfeited were $41,000. required: 1. prepare the appropriate journal entries for the deposits received and returned during 2018. 2. determine the liability for refundable deposits to be reported on the december 31, 2018, balance sheet.

Parks corporation is considering an investment proposal in which a working capital investment of $10,000 would be required. the investment would provide cash inflows of $2,000 per year for six years. the working capital would be released for use elsewhere when the project is completed. if the company's discount rate is 10%, the investment's net present value is closest to (ignore income taxes) ?

Adisadvantage of corporations is that shareholders have to pay on profits.