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pantera1 [17]
3 years ago
8

​Valley, Inc. has​ 9,000 shares of preferred stock outstanding. The preferred stock has a​ $90 par​ value, a​ 14% dividend​ rate

, and is noncumulative. If Valley has sufficient funds to pay​ dividends, what is the total amount of dividends that will be paid out to preferred​ stockholders?
Business
1 answer:
EastWind [94]3 years ago
8 0

Answer:

The dividends payout to preferred stockholders is $113,400 as shown below.

Explanation:

The total dividends payable to holders of preferred shares can be computed thus:

Preferred shares dividends=9000*$90*14%

Preferred shares dividends =$113,400

Preferred shareholders have prior claims to dividends ahead of ordinary shareholders,but after bondholders' interest payments have been settled.

The same way they also have precedence in the distribution of company's assets before ordinary shareholders upon the liquidation of the company.

The downside is that they cannot share in excess profits after payment of dividends as they are part-owners of the company unlike ordinary shareholders.

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lee reed, marisa a. pagnattaro, et al., the legal and regulatory environment of business (18th or 19th edition mcgraw-hill irwin
timurjin [86]

19th Edition of The Legal and Regulatory Environment of Business

By Julie Manning Magid, Daniel Cahoy, Peter Shedd, and Marisa Pagnattaro ISBN10: 1260734285 ISBN13: 9781260734287

An extremely dependable, simple-to-use online homework and learning management solution that incorporates cutting-edge adaptive tools and learning science to enhance student performance.

The Legal and Regulatory Environment of Business, 19th Edition, by Marisa Pagnattaro, Daniel Cahoy, Julie Manning Magid, and Peter Shedd is available for free download as an eBook, PDF, EPUB, and other digital formats. Detailed and scientifically thorough writing that is acceptable for use as a university reference. It's a requirement that both lecturers and students read this book. Book publishers have already worked for businesses. obtainable as a hardcover, paperback, and e-book. You have the option of paying for or using free digital formats.The English-language book, published on February 1st, 2021, was written by four scientists. This book has been translated into a number of different languages for distinct nations.

The totality of all external and internal influences on a business can be referred to as the business environment. It's important to remember that a firm can be impacted by both internal and external influences acting in concert. An external component that affects the internal environment of corporate activities, for instance, is a health and safety legislation. Additionally, you have no influence over some outside variables. These elements are sometimes referred to as external constraints. Let's examine some important environmental aspects.

To learn More about business environment from the given link.

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6 0
2 years ago
What are the three main parts to a slide presentations structure? A) thesis statement, supporting evidence, and concluding quote
aleksandrvk [35]

Answer:

D) introduction, body, and conclusion

Explanation:

Slide presentations structure -

A presentation structure and pre- planning is very important for a perfect presentation .

The structure of a presentation comprises of -

  • an introduction ,
  • body ,
  • conclusion .

Introduction -

It is the very first slide of the presentation , which initiates the presentation , and gives a overview of the topics and sub-topics that will be discussed in the upcoming slides .

Body -

It is the portion of the presentation , which have all the information thoroughly explained , this portion may include the maximum number of slides of the presentation .

Conclusion -

It is the last portion of the presentation , which discuss about the about the summary of all the points that were discussed in the body of the presentation , and finally sums up the presentation .

5 0
3 years ago
Which structure would you be most likely to choose if your company wanted to give its sales people a predictable paycheck and al
tangare [24]
<span>The pay structure that would be used in this model is salary plus commission. Commission is a percentage of total sales so the more sales are made by an employee the more they make. The salary also gives them a regular amount of pay when things don't go well for the month, but the commission pushes them to continue to do their best.</span>
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3 years ago
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While a loan must be repaid, factoring is the selling of _____ to a finance company who then assumes responsibility for collecti
Umnica [9.8K]

The correct answer is accounts receivable.

While a loan must be repaid, factoring is the selling of accounts receivable to a finance company who then assumes responsibility for collecting the accounts.

<h3>What is factoring? </h3>
  • Factoring is concerned to a kind of financial transaction. It is also a type of a debtor finance.
  • In factoring a business sells it accounts receivable to another party at a lower cost or at a discount.
  • It is usually used in international trade finance.
  • It is also known as invoice factoring, accounts receivable factoring, or also as receivable financing.
  • In factoring there are three different parties directly involved.
  • The whole process highly confidential.

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6 0
1 year ago
Which phrase best describes a function
Nata [24]

It is a formula containing arguments. This is because a function maps the domain to its range. Argument is synonymous to domain.

Hope this helps!

5 0
3 years ago
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