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mrs_skeptik [129]
3 years ago
14

One advantage of preferred stock over common stock is that preferred stockholders

Business
2 answers:
scoundrel [369]3 years ago
5 0

Answer:

B. are entitled to a fixed dividend is the correct answer.

Explanation:

A preferred stock gives the stockholder the advantage of having priority over common stockholders when it is about dividends, which can be fixed in terms of a benchmark interest rate. Preferred stockholders have rights that doesn't usually include voting. Due to this, <u>letter B is the correct answer.</u>

timurjin [86]3 years ago
4 0
Hi there!

The<em> common stock</em> owners have the opportunity to make more on their investment, because <em>preferred stock </em>owners have agreed to a <em>fixed dividend payment</em>, which means the owners get a set amount, and it can't go above that.

So your answer is <span>B. are entitled to a fixed dividend.

-Your friend, ASIAX</span><span>
</span>
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Cavy Company accumulated 580 hours of direct labor on Job 456 and 850 hours on Job 777. The direct labor was incurred at a rate
JulsSmile [24]

Answer:

$30,800

Explanation:

Dr Work in progress 30,800

Cr Wages payable 30,800

Direct labour hours × Per direct labour hour

Job 456

580×15 = 8700

Job 777

850×26= 22100

22,100 + 8,700 = 30,800

7 0
2 years ago
What is a bank??????????
AleksandrR [38]

Answer:

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8 0
2 years ago
Read 2 more answers
1.<br>What is business? Explain its characteristics.​
jek_recluse [69]

Answer:

Business is an organization where goods and services are exchanged for one another or for money to make a profit, every business needs some form of investment and enough customers to sell product to.

the major characteristics are:

1. Exchange of goods and services

2. Deals in numerous transactions

3. Profit is the main objective

4. Business skills  for economic success

5. risks and uncertainties

6. marketing and Distribution of goods

7. Sale to satisfy human wants

Explanation:

8 0
2 years ago
A company had total sales of $980,000, net sales of $955,800 and an average accounts receivable of $82,500. Its accounts receiva
Alenkinab [10]

Answer:

Accounts receivable turnover = 11.58

Explanation:

The total sales of the company = $980000

Net sales of the company = $955800

Average account receivable =  $82500

We have total sales, net sales, and average accounts receivable. Here, we are required to find the account turnover.

Use the below formula to find the account turnover:

Accounts receivable turnover = Net sales  / average accounts receivable

Now insert the values:

Accounts receivable turnover = 955800 / 82500 = 11.58

5 0
3 years ago
The Jack Frost Law Firm prepays for advertising in the local newspaper. On January​ 1, the law firm paid $ 11 comma 000 for ten
Svet_ta [14]

Answer:

a. $11,000

b. $2,200

Explanation:

According to the cash basis accounting, the cash is recorded when actual cash is received

But as per the accrual basis of accounting, the revenue is recorded when it is realized or earned whether cash is received or not                      

So,

a. Cash basis = $11,000

b. Accrual basis

= $11,000 ÷ 10 months × 2 months

= $2,200

8 0
3 years ago
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