Answer: $25
Explanation:
A Preferred Stock is a special stock that entities the holder to a fixed dividend. It also gives the holder priority of stock payment over common stock holders.
The Value of a preferred stock is worked out with the following formula,
Value of the preferred stock = Dividend / Required Return
So,
Value of Preferred Stock
= 4/0.16
= $25
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Answer:
C. $11,498.73.
Explanation:
Solving this question, we will have to make use of this formula:
The Adjusted Bank Balance = Unadjusted Balance as per Bank Statement as at Oct 31, 2015 - Checks Outstanding
= $12,956.73 - $2,112.19 = $10,844.54
Now,
Before the adjustment on the 31st of October, 2015,
The Cash account Balance = Adjusted Bank Balance + insufficient funds checks
= $10,844.54 - $654.19 = $11,498.73
Hence third option in the question is the correct answer.
Answer:
<u>Gen Xers</u>
Explanation:
Gen Xers refers to the generation of those individuals who were born around 1960s.
The above generation has been characterized by witnessing major technological advancements and historical as well as artistic developments such as in the field of music and fine arts.
Some of the behavioral traits associated with them being as skeptic, cynics, technologically aware with respect to their familiarity with technological advancements and prefer independence financially as well as individually.
Thus, Jennifer represents Gen Xers.
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