1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
ivolga24 [154]
2 years ago
12

Which of the following statements is CORRECT?a. A major disadvantage of financing with preferred stock is that preferred stockho

lders typically have supernormal voting rights.b. One of the disadvantages to a corporation of owning preferred stock is that 70% of the dividends received represent taxable income to the corporate recipient, whereas interest income earned on bonds would be tax free.c. One of the advantages to financing with preferred stock is that 70% of the dividends paid out are tax deductible to the issuer.d. Preferred stock is normally expected to provide steadier, more reliable income to investors than the same firm’s common stock, and, as a result, the expected after-tax yield on the preferred is lower than the after-tax expected return on the common stock.e. The preemptive right is a provision in all corporate charters that gives preferred stockholders the right to purchase (on a pro rata basis) new issues of preferred stock.
Business
1 answer:
Burka [1]2 years ago
5 0

Answer:

e. The preemptive right is a provision in all corporate charters that gives preferred stockholders the right to purchase (on a pro-data basis) new issues of preferred stock.

Explanation:

Preferred shareholders have a right to access to any benefits prior to any other class of security holders.

Basically as the name suggests they are preferred first in all instances. Even in case of new issue of preference capital the advantage to apply for those shares is first given to existing shareholders of preference capital.

This is basically true, as their other features include fixed return in the form of dividends.

You might be interested in
Sally is buying a home and the closing date is set for april 20th. the annual property taxes are $1234.00 and have not been paid
Tems11 [23]

Sally is buying a home and the closing date is set for April 20th. the annual property taxes are $1234.00 and have not been paid yet. The answer is $368.51.

Step 1: Find the daily rate; property taxes for the year ($1234.00) / 365 days = $3.38.

Step 2: Seller will credit buyer from January through midnight the day before closing. Calculate the exact number of days; January 31 + February 28 + March 31 + April 19 = 109 days Step 3: Multiply the daily rate ($3.3808219178) x Number of days (109) = $368.51

Property tax is the sum that a landowner must pay to the local government or municipal body in their area. Every year, the tax is due and payable. Real estate assets include real estate, commercial real estate, and residential real estate that is rented to third parties.

Owners of real estate must pay property taxes that are computed by the municipal authority where the asset is situated.

Property tax is calculated based on the value of the property, which can be a tangible personal property or real estate in various countries.

Learn more about property taxes here:

brainly.com/question/11544476

#SPJ4

6 0
1 year ago
Over the last ten years productivity grew faster in Oceania than in Freedonia and the population and total hours worked remained
Anvisha [2.4K]

Answer:

it's d. All are correctamundo

8 0
2 years ago
The following transactions occurred during the month of June 2021 for the Stridewell Corporation. The company owns and operates
DanielleElmas [232]

Answer:

Stridewell Corporation

Journal Entries:

Debit Cash Account $625,000

Credit Common Stock $625,000

To record the issue of 125,000 shares for cash.

Debit Office Equipment $102,500

Credit Cash Account $41,000

Credit Note Payable $61,500

To record the purchase of office equipment.

Debit Inventory $250,000

Credit Accounts Payable $250,000

To record the purchase of inventory.

Debit Accounts Receivable $425,000

Credit Sales Revenue $425,000

To record the sale of goods on account.

Debit Cost of Goods Sold $212,500

Credit Inventory $212,500

To record the cost of goods sold.

Debit Rent Expense $5,500

Credit Cash Account $5,500

To record the payment of rent for the month.

Debit Prepaid Insurance $2,880

Credit Cash Account $2,880

To record the payment for insurance for a year.

Debit Accounts Payable $180,625

Credit Cash Account $180,625

To record the payment to suppliers on account.

Debit Cash Account $85,000

Credit Accounts Receivable $85,000

To record the receipt of cash from customers.

Debit Dividend $6,250

Credit Cash Account $6,250

To record the payment of cash dividend.

Debit Depreciation Expense - Office Equipment $2,050

Credit Accumulated Depreciation - Office Equipment $2,050

To record depreciation expense for the month.

Debit Insurance Expense $240

Credit Prepaid Insurance $240

To record insurance expense for the month.

Explanation:

Stridewell's insurance expense that expired for the month is obtained by dividing the Prepaid Insurance by 12 since it is for one year.  Thus, Stridewell obtains $240 ($2,880/12) as the expense for the month.  The balance remaining in the Prepaid Insurance is a current asset which is carried into the next month.

Journal entries help us to identify the accounts involved in each Stridewell's transaction and the account it should debit and the one it should credit. They are the initial record made by Stridewell in its accounting books for each business transaction.

7 0
2 years ago
According to the consumer decision process, after consumers recognize the need for a product, they then engage in:.
lions [1.4K]

Answer:

An information search.

What is information search?

is a stage in the Consumer Decision Process during which a consumer searches for internal or external information.

4 0
2 years ago
Goodwill represents the excess of the implied value of an acquired company over the
Paul [167]

Answer: Option A

                                           

Explanation: In simple words, goodwill refers to the additional value that an organisation have from its identifiable assets due to its operations over a period of time.

In other words, it can be defined as an intangible asset which an organisation creates over a period of time while establishing the brand image. These assets are not depreciated but are tested for impairment every year. For example brands like apple, Reebok and McDonald have high goodwill in the market which attracts customers towards them

Thus, from the above we can conclude that the correct option is A.

6 0
2 years ago
Other questions:
  • If you wanted to find the job description for a certain job, where should you look?
    9·1 answer
  • In practice, economists: agree about what the level of potential output is but disagree about what policies are appropriate. dis
    12·1 answer
  • Thach Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on machine-hours. Th
    7·1 answer
  • The janitor at a school discovered a leak in a pipe. the janitor found that it was leaking at a rate of 99 fl oz per minuteminut
    10·1 answer
  • Will and Lyndsey are married with no dependents and file a joint tax return. In 2019, they paid $3,000 in qualified student loan
    14·1 answer
  • Dulce Company produces chocolate. Each pound of chocolate requires 400 cocoa beans (the unit quantity standard) and 0.15 labor h
    5·1 answer
  • Arizona Desert Homes (ADH) constructed a new subdivision during 2020 and 2021 under contract with Cactus Development Co. Relevan
    14·1 answer
  • With his parents' permission, David, a ten-year-old, purchased a plastic snow sled from Kmart. He went sledding, lost control, h
    14·1 answer
  • When did the court cases reach the Supreme Court?
    14·1 answer
  • monopolistically competitive firms are unable to produce enough output to reach the average total cost because of the presence o
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!