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lozanna [386]
3 years ago
6

A form of equity which receives no preferential treatment in either the payment of dividends or in bankruptcy distributions is c

alled _____ stock. dual class
Business
1 answer:
tekilochka [14]3 years ago
8 0
<span>A form of equity which receives no preferential treatment in either the payment of dividends or in bankruptcy distributions is called preferred stock. 
</span>It is a share of ownership in a public company<span> with both </span>equity and fixed income characteristics. Preferred stock<span> is also known as </span>preference stock<span>.</span> 
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Comparative financial statements for Heritage Antiquing Services for the fiscal year ending December 31 appear below. The compan
CaHeK987 [17]

Answer:

1) Gross margin percentage = Gross margin / Net Sales

= $28,000 / $70,000

= 0.40

= 40%

2) EPS = Net earning available to common stockholders / Number of common stocks

EPS = $5,454 / 500 shares

EPS = 10.91

3) Price earning ratio = Market value / EPS

Price earning ratio = $27 / 10.91

Price earning ratio = 2.48

4) Dividend payout ratio = $375 / $5,454

= 0.068

= 6.9%

5) Dividend yield ratio = Dividend per share / Current price

= 0.75 / $27

= 0.02777778

= 2.8%

6) Return on total asset = Net income / Average total asset

= $5,514 / {($74,678 + $68,659) / 2}

= $5,514 / $71668.5

= 0.0769376

= 7.7%

7) Return on common stock holder equity = Net income / Average common stockholder equity

= $5,514 /{ {($45,178 - $1,000) + ($40,099 - $1,000)} / 2}

= $5,514 /{($44,178) + ($39,099) / 2}

= $5,514 / $41638.5

= 0.13242552

= 13.2%

8)Book value per share = Common stockholder equity / Number of common stock equity

= $44,178/ 500

= $88.36

3 0
4 years ago
Wang Company accumulates the following adjustment data at December 31. For each item, indicate the (1) type of adjustment (prepa
Naddik [55]

Answer and Explanation:

The type of adjustment and the status of accounts before the adjustment is shown below:-

          Type of adjustment         Accounts before adjustment

(a)        Accrued revenues               Assets understated

                                                          Revenues understated

(b)        Prepaid expenses              Assets overstated

                                                        Expenses understated

(c)         Accrued expenses            Expenses understated

                                                        Liabilities overstated

(d)         Unearned revenues         Revenues understated

                                                        Liabilities overstated

(e)         Accrued expenses            Expenses understated

                                                        Liabilities understated

(f)        Prepaid expenses              Assets overstated

                                                        Expenses understated

8 0
3 years ago
Pina Colada Corp. holds Tamarisk, Inc. $44400, 120-day, 15% note. The entry made by Pina Colada Corp. when the note is collected
Dafna1 [17]

Answer and Explanation:

The journal entry is shown below

Cash  $46,620

     To Notes Receivable $44,400

     To Interest receivable ($44,400 × 15% × 120 days ÷  360 days)

(Being the cash received is recorded)

Here we debited the cash as it increased the assets and at the same time we credited the interest receivable and the note receivable as it decreased the assets

The same is to be considered

7 0
3 years ago
Please help solve this
joja [24]

Answer:

The Gross Domestic Product of the territory is $ 172 million.

Explanation:

The Gross Domestic Product (GDP), measured in monetary units, is the market value of all goods and services within a territory in a given period of time, usually annual, which is estimated by the following expression:

GDP = C+BI+GEx+GEn+E-I (1)

Where:

C - Consumption.

BI - Business investments.

GEx - Government expenditures.

GEn - Government entitlements.

E - Exports.

I - Imports.

Please notice that positive sign represents money that has entered into the economy of the territory.

If we know that C = 50\times 10^{6}, BI = 10\times 10^{6}, GEx = 75\times 10^{6}, GEn = 38\times 10^{6}, E = 12\times 10^{6} and I = 13\times 10^{6}, then the GDP of the territory is:

GDP = 50\times 10^{6}+10\times 10^{6} + 75\times 10^{6}+38\times 10^{6}+12\times 10^{6}-13\times 10^{6}

GDP = 172\times 10^{6}

The Gross Domestic Product of the territory is $ 172 million.

6 0
3 years ago
The employee retirement income security act (erisa) is intended to protect only disabled workers who are still too young to reti
Anit [1.1K]

The statement is "false".

The Employee Retirement Income Security Act secures the retirement resources of Americans by executing rules that qualified plans must take after to guarantee design trustees don't abuse plan resources. Under ERISA, plans must provide members with data about arrangement highlights and financing, and outfit data routinely and for nothing out of pocket.

 ERISA additionally sets least benchmarks for interest, vesting, advantage collection and subsidizing. The law characterizes to what extent a man might be required to work before getting to be plainly qualified to take an interest in an arrangement, to collect advantages and to have a non-forfeitable appropriate to those advantages. It additionally sets up point by point subsidizing decides that require design patrons to give sufficient financing to the arrangement.

4 0
3 years ago
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