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MakcuM [25]
4 years ago
15

Daniel owns preference shares of a company that has earned great profits this year. What can Daniel expect to receive from the c

ompany this year?
A

higher rate of dividend compared with the amount received last year

B. equal share of profit with the owner of the company

C. right to elect a member of the company's board of directors

D.

same rate of dividend as received last year

E

position among the company's board of directors
Business
1 answer:
Ber [7]4 years ago
4 0

Answer:

D. same rate of dividend as received last year

Explanation:

The preference stock gives the privileged to be the first investor paid but not to have a higher percentage of dividend, actually most preferred stocks have fixed dividends.

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For the answer to the question above, 
It is multiple choice letter a. Face Value
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8 0
3 years ago
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Many countries argue that the United States Government unfairly subsidizes domestic industries through the use of military contr
Mariulka [41]

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3 0
3 years ago
Pepsi, the parent company of gatorade, currently makes many variations of beverages including sports drinks. a while back they a
aleksandr82 [10.1K]

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3 0
3 years ago
Mason Company has a weekly payroll of $5,000. Wages are paid every Friday for the work performed Monday through Friday of that w
ddd [48]

Answer:

$2,000

Explanation:

Given:

Weekly payroll = $5,000

Number of working days for which wages are paid from Monday to Friday = 5

Wages paid per day = \frac{\textup{Weekly payroll}}{\textup{Number of days}}

or

Wages paid per day = \frac{\$\textup{5,000}}{\textup{5}}

or

Wages paid per day = $1,000

Thus,

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= Wages per day × Number of days

= $1,000 × 2

= $2,000

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7 0
4 years ago
Brief Exercise 11-11 Calculate net cash flows from financing activities (LO11-5) Creative Sound Systems sold investments, land,
ankoles [38]

Answer:

$20 million

Explanation:

Data provided

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6 0
3 years ago
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