The characteristics is its divisibility: money can be divided into smaller parts and the sum of those parts has the same value as the original money. Here we see that different people have the same amount of money in different forms.
Other characteristics of money are its durability, transportability and the resistance to being faked.
This implies that the work would take longer as well, making the product cost more
Answer:
The cash dividend that must be paid to preferred stockholders in the second year before any dividend is paid to common stockholders is $10,200.
Explanation:
In order to calculate the cash dividend that must be paid to preferred stockholders in the second year before any dividend is paid to common stockholders is
, we have to make the following calculations.
First, we have to calculate the Annual preferred dividend = (2800*50*6.5%) = $9,100
Hence, First year preferred dividend = $9,100-$8,000 = $1,100
Finally, if we make $1,100+$9,100 = $10,200 and so this will be the cash dividend that must be paid to preferred stockholders in the second year before any dividend is paid to common stockholders.
You will need...A. insurance in the event of a proffesional mishap.
Common stock
If a corporation has only one class of stock, it is referred to as Common stock.
<h3>What is a common stock?</h3>
- A security that symbolizes ownership in a firm is called common stock.
- Common stock owners choose the board of directors and cast ballots for corporate rules.
- Long-term rates of return are often higher with this type of stock ownership.
<h3>What is the name of common stock?</h3>
ordinary share
- The ownership of equity in a firm is represented by common stock, a category of securities.
- There are several words that are equivalent to the term "common stock," such as "common share," "ordinary share," or "voting share."
<h3>The benefits of common stock</h3>
- More so than bonds or cash, equity ownership offers the highest rate of return over the long term.
- Long-term returns on common stocks have exceeded 6% real, making them one of the finest ways to beat inflation.
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