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umka21 [38]
3 years ago
8

Which of the statements below is​ FALSE? A. Preferred stock does not have a maturity date. B. Preferred​ shareholders' dividend

claims take precedence over common​ shareholders' dividend claims. C. Preferred stock cannot be converted into common stock. D. It is common for companies to issue preferred stock with the right to convert to common shares after a specific waiting period
Business
1 answer:
Katarina [22]3 years ago
7 0

Answer:

C. Preferred stock cannot be converted into common stock.

Explanation:

"Equity" refers to shareholders' ownership in a company. Such ownership can be classified into as "preferred stock" or "common stock."

"Preferred stock" is also known as "preferred shares." It is considered a <em>hybrid instrument</em> because it possesses<u> combination of features</u> which cannot be found in a common stock. A "common stock," on the other hand, refers to ordinary shares that entitles the holder.

<u>Remember that a preferred stock can be converted into a common stock.</u> This means that it can be exchange for a particular number of shares, depending on the situation. The <em>investor</em> and the<em> board of directors</em> have the ability to convert some preferred stocks into common stocks. There are times when the stocks already have a specified date for conversion.

So, this explains the answer.

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Which of the following combinations of monetary and fiscal policies would have the GREATEST effect on fighting inflation?
AVprozaik [17]
<span>increase the prime lending rate and decrease government spending</span>
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2 years ago
Which of the following individual achievements is not suitable to include in a college application?
satela [25.4K]

Answer:

Grade 6 spelling bee champion

Explanation:

it is not relevant by the time you are applying for college, and does not say very much about you as a person & what you like to do.

7 0
2 years ago
Can someone help me with this?
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3 years ago
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A stockbroker predicts whether a stock will go up or down by tossing a coin and so has a 50% chance of making a correct predicti
kolezko [41]

Answer:

A skilled  broker will be right at  60% of time compared to 50%

Explanation:

Solution

Given that:

Now,

Let X  be represented as = number of correct predictions/outcomes

X foll binomial distribution with n = 3 and p = 0.5 for broker who use a toss coin

Thus,

P(X = 3) = p^3 = 0.5^3 which gives us  = 0.125

So,

For a skilled broker, Y goes with the binomial distribution with n = 3 and p is = 0.6

Then,

P(Y = 3) = 0.6^3 = 0.216

We can therefore conclude who is skilled broker by making large number of observations

Hence, we say that a skilled broker will be correct 60% of time compared to 50% .

8 0
3 years ago
Reggie who is 55, had adjusted gross income of $32,000 in 2020. During the year, he paid for the following medical expenses:
sleet_krkn [62]

Assuming Reggie who is 55, had an adjusted gross income of $32,000 in 2020, Reggies medical expense deduction will be $75

Calculation to determine Reggie medical expense deduction

Drugs  $500

Add Health insurance premium-after tax $850

Add Doctors fees $1,250

Add Eye glasses $375

Total expenses  $2,975

($500+$850+$1,250+$375)

Less Insurance reimbursement  ($500)

Less 7.5% of Adjusted gross income ($2,400)  

($32,000×7.5%)

Medical Expense Deduction  $75

($2,975 - $500 - $2,400)

Inconclusion assuming Reggie who is 55, had an adjusted gross income of $32,000 in 2020, Reggies medical expense deduction will be $75

Learn more here:

brainly.com/question/17136095

6 0
2 years ago
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