Answer: C. Compare-and-contrast
Explanation: Comparison and contrasting is a technique employed in essays, writing or teaching which examines the similarities between two or more objects while also examining the differences between the same objects.
The scenario above is aimed at establishing the different definitions or understanding of the word 'family' as explained by two different groups by stating the different definitions offered by each group.
Essential!! it’s very essential to solving
Answer:
Spread
Explanation:
Spread is the difference between bid and ask price quoted by dealer to purchase and sell a security.
Spread is the excess amount which is asked by the dealer for a security over the bid amount at which he is willing to buy the security.
When preferred stock is cumulative, preferred dividends not declared in a period are considered a liability called "dividends in arrears".
<h3>What are preferred stocks?</h3>
A word "stock" refers to a company's ownership or equity. Common stock & preferred stock are the two types of equity. Preferred investors are entitled to more dividends or asset distributions than common stockholders. The specifics of the each preferred stock vary depending on the issue.
Some key features regarding the preferred stocks are-
- Preferred stockholders have such a greater right to distributions (such as dividends) then common stockholders.
- In corporate governance, preferred stockholders typically have no or limited voting rights.
- In the case of a liquidation, preference shareholders have a stronger claim on assets than ordinary shareholders but a lower claim than bondholders.
- Preferred stock includes qualities of both bonds & common stock, making it more appealing to some investors.
To know more about the preferred stocks, here
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Answer:
Zack's adjusted basis is $4,000
Explanation:
Given:
Zack's uncle's basis in stock = $4,000
Fair value when stock was given as gift = $1,500
Sale value = $4,200
Zack's adjusted value in stock will be $4,000 as uncle's adjusted basis in stock was more than fair value of $1,500. Moreover, sale value of $4,200 is also more than his uncle's adjusted basis.
If FMV is less than original adjusted basis and sale value is more than original adjusted basis, then adjusted basis of the stock at the time of sale is its original adjusted basis which is $4,000 in this case.
