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
dolphi86 [110]
3 years ago
7

A share of​ 5% preferred stock has a par value of $ 60 and market value of $ 80. The owners of the preferred stock will receive

a cash dividend​ of: (Round your answer to the nearest​ cent.)
Business
1 answer:
S_A_V [24]3 years ago
5 0

Answer:

$3 per share

Explanation:

The computation of the cash dividend received is shown below:

The Cash dividend received = Par value × preferred stock dividend rate

                                        = $60 × 5%

                                       = $3 per share

Simply we multiply the par value with the preferred stock dividend rate so that the dividend per share could be computed

All other information which is given is not relevant. Hence, ignored it

You might be interested in
Exam early childhood education
Rashid [163]
Idk whats your qwestion
3 0
3 years ago
The largest capital market security outstanding in 2019 measured by market value was:_______
yulyashka [42]

The largest capital market security outstanding in 2019 measured by market value was cooperate stocks.

<h3>What is cooperate stocks?</h3>

Corporate stock, can as well be described as the equity security,  which serves as the instrument  that is been utilized by corporations  in order to raise capital.

However to  purchase stock in the company, the buyer is entitled to voting rights , hence The largest capital market security outstanding in 2019 measured by market value was cooperate stocks.

Learn more about cooperate stocks at:

brainly.com/question/25818989

#SPJ1

8 0
2 years ago
In​ 1975, interest rates were 7.85 % and the rate of inflation was 12.3 % in the United States. What was the real interest rate
Georgia [21]

Answer:

Since the real rate of interest is negative, this means that the purchasing power of the savings have decreased over the  year.

Explanation:

Data provided:

Interest rates = 7.85 %

The rate of inflation = 12.3 %

Now,

The Real interest rate is calculated as :

Real interest rate = Nominal interest rate - Inflation rate

on substituting the respective values, we get

Real interest rate = 7.85% - 12.3%

Or

The real interest rate = - 4.45%

Here,

Since the real rate of interest is negative, this means that the purchasing power of the savings have decreased over the  year.

4 0
3 years ago
What would be the return on total assets of a firm if net income is $50,000, total sales are $100,000, and total assets are $175
lesantik [10]

Answer: 28.6%

Explanation:

The return on the total asset of a firm will be calculated as the net income divided by the total asset and this will be:

=Net income / Total assets

=50,000/175,000

=28.6%

Therefore, return on total asset is 28.6%

7 0
3 years ago
Lina Co. uses the allowance method to account for bad debts. On January 28, Lina determines that a $200 balance from ZRT, Inc. i
elena55 [62]

Answer:

c) credit to Accounts Receivable - ZRT.

f) debit to Allowance for Doubtful Accounts.

Explanation:

As for the information provided,

We know in allowance method, provision is created as and when there are doubtful debts, for which entry is

Bad Debts Expense Account Dr.

To Allowance for doubtful debts.

And when the bad debts are actually written off then,

The entry will reduce the balance of accounts receivables and that of allowance as well.

Entry will be:

Allowance for Doubtful debts A/c Dr.

To Accounts Receivables.

Thus, correct options shall be:

Option c) and f)

4 0
3 years ago
Other questions:
  • The cost of an asset is $ 1,020,000​, and its residual value is $ 100,000. The estimated useful life of the asset is ten years.
    7·1 answer
  • A popular star has a half-hour television show describing a new dietary supplement that she claims has made her much healthier.
    15·1 answer
  • John took a call from a customer who wanted to purchase 1,000 shares of a company’s stock, which just went public. What is John’
    13·2 answers
  • On March 2, 2015, Best Buy co. announced that it planned to repurchase up to $1 billion of its common shares. The company also a
    10·1 answer
  • Unlike supportive leadership, participative leadership is used when _____. a. workers have an external locus of control b. the f
    12·1 answer
  • Jessica is trying to get a credit card. She has a credit score of 790. How is Jessica’s lender likely to view this credit score?
    6·2 answers
  • Which Sunshine Apartment rental policy is considered legal under the 1968 federal fair housing laws? A) The lease of any tenant
    5·1 answer
  • Who is harmed the MOST during periods of unexpected inflation? A) 1 B) 1 and 3 C) 1, 2, and 3 D) 2 and 4
    15·2 answers
  • Fabtabtix, a designer clothing brand, has been selling clothes in the country of Grolania for over 30 years. With more number of
    10·1 answer
  • As a manager, if you wanted to influence what employees do in situations lacking clear company rules or expectations, what shoul
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!