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Vitek1552 [10]
3 years ago
5

Managers should act in shareholders' interests because shareholders have ___________ priority in receiving their claims.A. TopB.

Somewhere in the middleC. BottomD. Equal (to those of all other stakeholders)
Business
1 answer:
Cloud [144]3 years ago
3 0

Answer:

Regarding to Claim to income, the correct answer would be C-Bottom

Explanation:

Shareholders can be preferred or common and they have differents claims to income.  Generally, preferred stock will be given preference in assets to common assets in case of company liquidation, nonetheless both will fall behind bondholders if asset distribution happen. If bankruptcy happen, common stock investors will receive any remaining funds after bondholders,  then creditors and preferred stockholders are paid. That's why these investors often receive nothing after a bankruptcy. Preferred stock also has the first right to receive dividends. In general, common stock shareholders will not receive dividends until it is paid out to preferred shareholders, and that happen because they are at the bottom of the pyramid.

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Describe how you will pay for your schooling. Provide information on applying for
dimulka [17.4K]

You can only be eligible for OSAP if you don't have enough money from other sources to cover your college or university expenses. The income that you report to OSAP generally needs to match what you reported to the Canada Revenue Agency (CRA) when you filed your taxes.

5 0
2 years ago
United Apparel has the following balances in its stockholders' equity accounts on December 31, 2021: Treasury Stock, $700,000; C
Sergio [31]

Answer and Explanation:

The preparation of stockholders' equity is shown below:-

Stockholder's equity Statement

December 31, 2021

Particulars                               Amount ($)

Paid-in capital  

Preferred Stock                      $2,100,000

Common Stock                       $450,000

Additional paid in capital       $7,300,000

Total paid in capital                $9,850,000

Add:Retained earnings           $1,450,000

sub total                                    $11,300,000

Less: Treasury stock                $700,000

Total stockholders' equity      $10,600,000

7 0
3 years ago
Just write anything for brainliest and points.
never [62]

Answer:

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4 0
3 years ago
Chance company had two operating divisions, one manufacturing farm equipment and other office supplies. Both divisions are consi
Anit [1.1K]

Answer:

                             Chance Company

                               Income Statement

               For the Year Ended December 31, 2016

After tax income from continuing operations                      $350,000

Discontinued operations:

Operating income                                        ($130,000 )

Loss on disposal                                          ($400,000)

Income tax on discontinued operations      <u>$212,000</u>

Income from discontinued operations                                 <u>($318,000 )</u>

Net income                                                                               $32,000

Earnings per share (100,000 outstanding shares)                     $0.32

4 0
3 years ago
g An investor is considering the purchase of 20 acres of land. An analysis indicates that if the land is used for cattle grazing
julia-pushkina [17]

Answer:

$10,000

Explanation:

Data given in the question

Cash flow produced = $1,000 per year

Required rate of return on investment = 10%

So the most he or she willing to pay amount is

= Cash flow produced ÷ Required rate of return on investment

= $1,000 ÷ 10%

= $10,000

By dividing the cash flow produced with the required rate of return on investment we can get the willing to pay amount

6 0
3 years ago
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