1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
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.

You might be interested in
Which monarch prepares a speech which is broadcasted on Christmas Day?
Galina-37 [17]
Hey stop think go smoke easy up on the pain the smoke a calm u down I'k it's hard but I take them points now thanks
6 0
3 years ago
f the unemployment rate is 8 percent, this means: a. 8 percent of the population is unemployed. b. 8 percent of the population o
hodyreva [135]

Answer:

c. 8 percent of the labor force is unemployed.

Explanation:

<em>The Unemployment Rate measures the percentage of the total labor force that is unemployed while actively seeking employment during the previous month</em>. If the unemployment rate is 8 percent, this means 8 percent of the labor force is unemployed. That also means, <u>out of all the people actively seeking employment during the previous month, 8 percent are still unemployed or jobless.</u>

3 0
3 years ago
When a life insurance company advertises the safety and security of its products, it is using a ________ advertising strategy.
horrorfan [7]

I believe the answer is: C. persuasive

Persuasive advertising strategy, is a form of technique that is used to influence the consumers to do something, based on their pathos (appeal to the emotions)  logos ( appeal to their logical thinking) , and ethos (appeal to the ethical standard that they held in their life)

3 0
3 years ago
Read 2 more answers
What most directly explains the boost in production of mccormick reapers?.
marishachu [46]

The adoption of interchangeable parts is the statement that directly explains the boost in production of mccormick reaper.

<h3>What is mccormick reaper?</h3>

The mccormick reaper is a mechanical mechanism that was created by Cyrus McCormick for farmers to harvest crops mechanically.

In conclusion, the adoption of interchangeable parts is the statement that directly explains the boost in production of mccormick reaper.

Read more about mccormick reaper

<em>brainly.com/question/487638</em>

7 0
2 years ago
Sweet Company’s outstanding stock consists of 1,000 shares of noncumulative 5% preferred stock with a $100 par value and 10,000
frutty [35]

Answer:

preferred stockholders received $15,000 during the first 3 years

  • $2,000 in the first year
  • $6,000 in the second year
  • $7,000 in the third year

common shareholders received $25,000 in dividends during the third year.

Explanation:

preferred stock = 1,000 shares x $100 par value x 5% = $5,000

common stock = 10,000 shares at $10 par value

dividends declared and paid during the first 3 years:

year       dividends

1               $2,000

2              $6,000

3            $32,000

preferred stockholders should have received $5,000 per year x 3 years = $15,000. Preferred stockholders must be paid first, and their payment is fixed. If the dividends are not enough to pay the total amount, the remaining amount should be paid next year.

  • $2,000 in the first year
  • $6,000 in the second year
  • $7,000 in the third year

common shareholders received $32,000 - $7,000 = $25,000 in dividends during the third year.

7 0
3 years ago
Other questions:
  • Assuming a country's economy maintains an 8% rate of growth, young adults starting at age 20 would see the average standard of l
    8·1 answer
  • Granfield company is considering eliminating its backpack division, which reported an operating loss for the recent year of $41,
    11·1 answer
  • On October 1. Ebony Ernst organized Ernst Consulting, on October 3. the owner contributed $84,310 in assets in exchange for its
    8·1 answer
  • A firm sells peanuts in a perfectly competitive market. Upon increasing production output from 60 packages to 75 packages, the t
    7·1 answer
  • What are the three main decision-making types discussed in the article? (Site 1)
    11·1 answer
  • Organizational portfolio plan, the final phase of the strategic planning process, involves?
    15·1 answer
  • What is scarcity? And give one example of scarcity <br><br><br><br> GUYS HELP MEE PLSSSS
    10·2 answers
  • In a capitalist system, what are the goods and tools that are used to make products?
    13·1 answer
  • The annual demand of product Y is 1908 units. The ordering cost is $45 per order. Holding cost is $15 per unit per year. Calcula
    9·1 answer
  • The internal growth rate of a firm is best described as the ______ growth rate achievable ______
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!