Answer:
a) The return on stockholders’ equity = 15%
b) The return on common stockholders’ equity = 16%
Explanation:
a) Return on Stockholders’ Equity = (Net income)/(Average stockholders' equity)
= ($375,000)/$2,500,000
= 15%
b) Return on Common Stockholders’ Equity = (Net income - Preferred dividends) /(Average return on common stockholders' equity)
= ($375,000 - $75,000) / $1,875,000
= 16%
Answer:
Indenture; convertibility provision
Explanation:
Indenture refers to a legal contract that bounds the bondholder and the issuer. This contract specifies important features of the bond like its type (convertible or callable), maturity date, interest payment time and rate. In other words, it includes all the terms and conditions related to the issue of bond.
One of the types of bonds is convertible bonds. Due to the provision of convertibility, these bonds can be converted to a stipulated number of common shares that are decided in advance.
Answer:
he was not doing his job right? im sorry if this is wrong
Explanation:
Answer:
according to my opinion you should make a decision tree
<span>Citation of all sources used is a hallmark of good research. By listing exactly where each statistic, quote, and paraphrase comes from, the student can show the reader who originally came up with the idea that is being claimed. This makes sure that proper credit is given.</span>
