Preferred stock is a type of investment security which represent ownership in a corporation and is also a debt instrument of the company.
Explanation:
<u>Preferred stock is a type of investment security which represent ownership in a corporation and is also a debt instrument of the company</u>.It is basically of 5 types
- Cumulative
- Participating
- Convertible
- Callable
- Adjustable-rate
Preferred stock comes in many varieties.
<u>Cumulative preferred stock</u> includes a requirement that past dividends not paid must be paid in future years before any common stock dividends may be paid.
<u> Participatory preferred stock </u>includes the ability to collect dividends with the common stock owners after all preferred dividends have been paid.
<u> </u><u>Convertible preferred stock </u>may be turned in for common stock under certain conditions.
<u> Callable </u>preferred stock, also known as callable preferred stock, comes with the risk that the issuing company may<u> buy back </u> the shares under certain conditions.
1. ATM
2. Use a debit card at grocery store and get money back
3. Move money between bank accounts
4. Physically withdrawl the money inside the bank.
5. Grocery stores have customer service and for a fee you can withdrawl the money
Answer:
Option (A) is correct.
Explanation:
Given that,
Order costs for pepperoni = $10.00 per order
Carrying costs = 4 cents per pound per day
Lead time for each order = 3 days
Pepperoni itself costs = $3.00 per pound
Total Order = 80 pounds of pepperoni
Demand rate = 20
Total ordering cost = Total order × cost per order
= 80 × $10
= $800
Length of an order cycle:
= 4 days
