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stepan [7]
3 years ago
9

Since its organization in January of 2016, Mars Corp began with the issuance of 15,000 shares of $5 par, cumulative, 8% preferre

d stock and 15,000 shares of common stock shares, which are still outstanding. It declared its first dividend of $40,000 at the end of 2018. This means that:___________
A) all of the $40,000 dividends available are paid to the preferred shareholders.
B) all of the $40,000 dividends available are paid to the common shareholders.
C) an equal dollar amount is paid to each class of shareholder.
D) 3 years' worth of dividends will be paid to preferred shareholders prior to paying anything to common shareholders.
Business
1 answer:
igomit [66]3 years ago
3 0

Answer:

D) 3 years' worth of dividends will be paid to preferred shareholders prior to paying anything to common shareholders.

Explanation:

Shareholders are the individuals or institutions that hold the stock of a company making the owners of the business. Shareholders can either be common shareholders or preferred shareholders. Common shareholders are more prevalent and have voting rights in matters concerning the company.

Preferred shareholders hold preferred stock. They are rare and have no voting rights in the way the organization is managed.  Preferred shareholders are entitled to a fixed amount of dividend every year.  Dividends to preferred shareholders have to be paid first before common shareholders are paid out. Usually, common stockholders will be last to paid last in the event of dividends payouts or in times of liquidation.

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What is market penetration
nalin [4]

Answer:

the extent to which a product is recognized and bought by customers in a particular market.

4 0
3 years ago
On the twentieth day of the month, room sales at the Motor Lodge Motel exceeded its breakeven point for the month. Revenue gener
Firdavs [7]

Answer:

D) increase at a faster rate than the costs associated with those sales.

Explanation:

If the break even point was reached during the 20th day of the month, then any revenue generated during the remaining 10-11 days will increase net profits. The amount of net profit increase will be determined by the contribution margin of each service provided. The contribution margin = net sales - variable costs. Since the fixed costs have already been covered, the contribution margin will be equal to the net profit.

4 0
3 years ago
A young man is badly injured when his cell phone battery catches fire. What type of insurance should the manufacturer of the cel
Leno4ka [110]

either Fire Legal Liability Coverage or state farm either will do but im leaning more towards the fire laibilty coverage

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8 0
3 years ago
Read 2 more answers
A company earned $2,880 in net income for October. Its net sales for October were $12,000. Its profit margin is:
snow_lady [41]

Answer:

profit margin = 23.33%

Explanation:

profit margin = net profit /  net sales

  • net profit = $2,800
  • net sales = $12,000

profit margin = $2,800 / $12,000 = 0.233333 = 23.33%

The profit margin is a profitability ratio used to compare how many cents different companies are able to make from selling $1. Different companies have different sales levels, but we can group companies by industries and then compare them in order to determine which ones are more efficient at generating income. E.g. Company A sells $100 million but only makes $2 million in profits per year (PM = 2%), and it is much less efficient than Company B that sells $10 million and makes $1 in profits (PM  = 10%). Company A's costs are too high compared to Company B's costs.  

5 0
3 years ago
Which person would most benefit from homeowners insurance?
atroni [7]

The person would most benefit from homeowners insurance is D) Fran lives in an assisted living facility.

<h3>What is insurance?</h3>

Insurance can be described as the way of  managing your risk when someone subscribe to  insurance,  then the  protection against unexpected financial losses is been gotten.

Hence, The person would most benefit from homeowners insurance is D) Fran lives in an assisted living facility.

Therefore , option D is correct.

Learn more about insurance at:

brainly.com/question/25855858

#SPJ1

4 0
2 years ago
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