All of the following statements are true about preferred stock EXCEPT:

Business

1 answer:

Tju [1.3M]2 years ago

7 0

Answer:

The answer is: B) In most cases dividends are paid semi-annually

Explanation:

Preferred dividends:

are paid before common dividends,
usually yield higher rates,
and are paid in shorter terms.

In most cases they are paid on a monthly or quarterly basis. Semi-annual payments occur once every 6 months (or twice a year) and for preferred dividends that is usually considered a long time.

You might be interested in

Revising for Conciseness - Eliminating Flabby Expressions,Limiting Long Lead-Ins, and Dropping Unnecessary Fillers

Mama L [17]

Answer: 2. 2. We have identified a problem with our expense sheet, but we will solve it.

3. 2. The user should contact the help center.

4. 1. In the future, we should be more careful about scheduling.

Explanation:

2. By choosing Option 2, the writing is more concise and but still has all the necessary details unlike the other options that are unnecessarily long.

3. Option 2 does not make assumptions like option 1 did which is wrong. Option 3 would be better but the text did not include the bit about the problem this making Option 2 best.

4. Option 1 is the best option because it is clear and concise and eliminates the long lead-in.

5 0

3 years ago

What are the challenges planner and mangers do not face in decision making?<br>

Lady bird [3.3K]

Answer:

Management has its share of perks and rewards. Managers are usually in a better position to influence and lead change. In most organizations, being a manager means a better compensation package and not having to sit in a cubicle. Most importantly, there’s nothing like the satisfaction of helping an individual or team reach their goals and perform at their best. Read more

Explanation:

7 0

3 years ago

A new car sells for $25,000. The value of the car decreases by 15% each year. What is the approximate value of the car 5 years a

Rama09 [41]

Depreciation is an accounting method for allocating the cost of a tangible or physical asset over its <u>usable life</u>. Depreciation is a term used to describe<u> how much</u> of an asset's worth has been used.

<h2>Given:</h2>

Initial value of the Car = 25,000

Depreciation of the Car= 15% per annum based on net book value

<h3>The computation:
</h3>

Note: t = Number of years

$\text{Net book value} = 25,000 (1 - 0.15)^t$