1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
lyudmila [28]
3 years ago
11

Cumulative preferred stock means the stock is entitled to its regular dividend plus an additional share of the total amount of d

eclared dividends. True or False True False
Business
1 answer:
attashe74 [19]3 years ago
3 0

"Cumulative preferred stock means the stock is entitled to its regular dividend plus an additional share of the total amount of declared dividends" is FALSE.

<u>Option: B</u>

<u>Explanation:</u>

Cumulative preferred stock is the opted stock which accumulates the right to obtain a common dividend if the dividend is not paid. Companies are required to pay unpaid preferred cumulative dividends before charging any dividends on the common stock. This suggests that if this year the company doesn't pay dividends, the money due from this year will be rollovered to next year. Until the common shareholders can collect a dividend, preferred shareholders will earn all the dividends owed.

You might be interested in
When designing a case management solution to increase agent productivity, which service cloud features should you consider first
ch4aika [34]
<span>You should consider "Case queues" and "Case assignment rules" first w</span><span>hen designing a case management solution to increase agent productivity.

In order to design a case management solution, distinguish what client undertakings are expected to achieve the principle client objective. Choose what business level assignments and steps you need, and afterward assemble those undertakings and steps into a case.
</span>
8 0
3 years ago
After years of using a mass marketing strategy, Digital Print Shops has responded to new competition from national chain stores
Ket [755]

Answer:

Niche Marketing

Explanation:

According to my research on different marketing strategies, I can say that based on the information provided within the question Digital's strategy is known as Niche Marketing. Like mentioned in the question this strategy emphasized focusing on small audiences in a very specific category. Which is what Digital is doing by focusing on the smaller market segments that the bigger competition is completely ignoring.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

8 0
3 years ago
In 2010, real GDP was $13.2 trillion and nominal GDP was $14.6 trillion. What was the GDP deflator for that year?a. 9.6% lower b
serg [7]

Answer:

d. 10.6% higher

Explanation:

Given that;

Real GDP = $13.2 trillion

Nominal GDP = $14.6 trillion

GDP deflator = (Nominal GDP/Real GDP)× 100)

Hence,

GDP deflator = (14.6 / 13.2 ) × 100

GDP deflator = 110.6%

Thus,

= 110.6 - 100

= 10.6% higher

5 0
3 years ago
When he finishes entering his transactions, Malcolm realizes that his balance is incorrect. Assuming that Malcolm had no beginni
yulyashka [42]

Incomplete question. The full question read;

Malcolm has several receipts from recent transactions that he entered into his records. The receipts include an ATM receipt for an $80.00 deposit, a grocery store receipt for $25.50, and a paycheck deposit slip for $650.00.

When he finishes entering his transactions, Malcolm realizes that his balance is incorrect. Assuming that Malcolm had no beginning balance, what should his correct balance be?

Answer:

<u>$704.50</u>

Explanation:

First, we need to note which transactions are credit transactions, and which is a debit transaction. <em>Remember</em>, a<u> credit transaction</u> basically means a transaction that brings money into your account, while the latter is a transaction that takes money out of your account.

Malcolm's credit transactions:

  • ATM receipt for an $80.00 deposit
  • paycheck deposit slip for $650.00

Total: <u>$730.</u>

Malcolm's debit transactions:

  • grocery store receipt for $25.50

Total: $25.50

Substracting total debit transactions from credit transactions, Malcolm's correct balance would be = $704.50 ($730-$25.50).

8 0
3 years ago
The following is the stockholders' equity section of Harbor Co.'s balance sheet on December 31: Common stock $10 par, 100,000 sh
Murljashka [212]

Answer:

The book value of shares is $10

Explanation:

The balance of shareholders equity is $2,200,000.This comprises of retained earnings of $800,000 and Issued Share Capital of $1,400,000(for 140,000 units of shares)

To ascertain the unit of shares,see below:

45000units= $450,000

15000units reacquired at $150,000

Which also means that $1,100,000 is for 110,000units of shares.

In each of these cases highlighted above share price is $10

for instance:$450,000/45000shares=$10

$150,000/15000=$10 e.t.c

8 0
3 years ago
Other questions:
  • Senior management uses finance and accounting information systems to
    9·1 answer
  • Your ___________ is what you can see without the presence of an obstruction. Line-of-sight Stopping distance Operating space Dis
    10·1 answer
  • What is the largest agency of the u.s. dot?
    12·1 answer
  • What Is technical report
    10·2 answers
  • RKO Company sold bonds with a face value of $850,000 for $910,000. The bonds have a coupon rate of 8 percent, mature in 10 years
    7·1 answer
  • Many traditional costing systems:
    5·2 answers
  • What type of awareness is a company practicing if it requires that all lights be shut off after leaving a room?
    13·2 answers
  • Under the equity method of accounting for investments, an investor recognizes its share of the earnings in the period in which t
    10·1 answer
  • In the context of using information technologies for a competitive advantage, which statement is true of a top-line strategy? a.
    10·1 answer
  • Which statement is prepared for only one date?
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!