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irakobra [83]
3 years ago
15

A customer buys 1,000 shares of ABCD $25 par 8% cumulative preferred stock. This preferred issue pays quarterly dividends. This

year, it missed the first 3 quarterly dividends. In the 4th quarter, it paid a common dividend of $.25 per share. In order to do this, it must have paid this preferred shareholder: A $400 B $500 C $1,600 D $2,000
Business
1 answer:
Readme [11.4K]3 years ago
8 0

Answer:

D $2,000

Explanation:

Valueof Preffered stock = 1000 x 25 = $25,000

Quartely dividend = 25000 x  8% x 3/12 = $500

Dividend of four quarters = $500 x  4 = $2,000

First three quarters has been missed so the preferred dividend of $2,000must be paid first from the declared dividend of 0.25 per share.

So, the correct option is D $2,000.

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Keidis Industries will pay a dividend of $4.35, $5.45, and $6.65 per share for each of the next three years, respectively. In fo
ICE Princess25 [194]

Answer:

$56.19

Explanation:

Current stock price can be determined by calculating the present value of the dividend payments

Present value is the sum of discounted cash flows

Present value can be calculated using a financial calculator

Cash flow in year 1 = 4.35

Cash flow in year 2 = 5.45

Cash flow in year 3 = 6.65

Cash flow in year 4 = 61

I = 9.4

PV = $56.19

To find the PV using a financial calculator:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. after inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.  

3. Press compute  

4 0
3 years ago
The __________ is the tendency to populate a network with those closest to you, such as everyday coworkers or people in one's sm
inna [77]

Answer:

Proximity Principle

Explanation:

In ths Principle of Proximity, it entails the grouping of related items together, moving them physically close to each other so the related items are seen as one cohesive group.

In proximity principle, workers prefer to increase or populate their networks with individuals tht they spend most of their time with, such as colleagues in their department.

The idea of proximity is that elements that are intellectually connected are those that have some sort of communication relationship and should also be visually connected.

4 0
3 years ago
1. One of the major changes resulting from managed care is the requirement of providers to assume accountability for: A. The tre
11111nata11111 [884]

Answer:

The correct answer is B) The appropriateness of interventions

Explanation:

Managed care is evolving in many countries around the world.

One of the ways in which changes are becoming more prevalent is in the managed care industry is that due to competition, that players are beginning to take seriously the quality of health care being given to enrollees.

All of this is happening simultaneously with the bid to provide these services at the lowest cost possible with providers playing for marketing share.

In Managed care, if customers are treated fairly, they are most likely to return thus creating the possibility for sustained organic growth.

Cheers!

4 0
4 years ago
1 Compensating balances:a) are used by banks as a substitute for charging service fees.b) are created by having a sweep account.
galina1969 [7]

Answer:

A.

Compensating balances are used by banks as a substitute for charging service fees

Explanation:

Compensating balance is the amount of money that a customer who uses the bank's services, has to keep in an account. The purpose of this money will be to offset the cost incurred by the bank in the course of making its services available to the customer.

3 0
3 years ago
A firm sells a product in a purely competitive market. The marginal cost of the product at the current output level of 800 units
astraxan [27]

Answer:

The correct answer is option

Explanation:

A firm operating in a perfectly competitive market is producing 800 units. The marginal cost is $3.50. The minimum average variable cost is $3. The market price is $4.  

The firm will be able to maximize its profit at the point where the price of the product is equal to marginal cost and is able to cover the average variable cost of the product.  

This firm should thus increase its production to more than 800 units till the marginal cost is equal to the price which is $4.  

5 0
3 years ago
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