Early in 2015, robbinsville press was organized with authorization to issue 100,000 shares of $100 par value preferred stock and 500,000 shares of $1 par value common stock. ten thousand shares of the preferred stock were issued at par, and 170,000 shares of common stock were sold for $15 per share. the preferred stock pays an 8 percent cumulative dividend. during the first four years of operations (2015 through 2018), the corporation earned a total of $1,385,000 and paid dividends of 75 cents per share in each year on its outstanding common stock. required: a) prepare the stockholder's equity section of the balance sheet at december 31, 2015. include a supporting schedule showing your computation of the amount of retained earnings reported. (hint : income increases retained earnings, whereas dividends decrease retained earnings). b) are there any dividends in arrears on the company's preferred stock at december 31, 2018? explain your answer.

his average speed in km per hour is ≈ 55.4 km/h and about 15.4 m/s.

1   all nations face the problem of scarcity because there are limited resources and unlimited wants. nations do not have enough factors of production to produce everything that their population wants. entrepreneurial resources initiate businesses to make new goods and services; labor resources produce goods and services.

2 there are four factors of production: natural resources, labor resources, capital resources, and entrepreneurial resources. natural resources are raw materials from nature that are used to produce goods. trees, water, and grains are natural resources. some natural resources, such as wheat and cattle, are renewable

3 wants

things that you do not need to have in order to survive, but would like to have

needs

things that you must have in order to survive

goods

physical products

services

tasks that a business perform for customers

resources

items that people can use to make or obtain what they need or want

determine

to settle or decide by choice of alternatives or possiblities

4 i really dont know

muslims control the north africa during the period of 1500 up

to 1800. they made a barrier to prevent further european exploration from

entering the africa from the north. however, the dutch ware still able to move

toward the interior with having south africa as one of the routes leading to

the east for trading with asia.