I would most likely go with C, overdraft protection lets you take money out that you don't have, it is normally a $35 dollar fee though
Annual preferred dividend = 0.07*40*1500 =$4,200
Since there was a one year dividend arrears to preferred stock holders, the total amount that goes to preferred stockholders = 4,200 + 4,200 (arrears of previous years) = 8,400
So common stockholders received = 10,000-8,400 = $1,600 in dividends
So dividend per share for common shareholders =1600/2200 = $0.727/share
Answer:
D. Tuesday, March 2
Explanation:
Well the dividend was declared on February 8 but that doesn't matter here.
What matters here is the payable date i.e Friday, February 26.
Now, 3 business days mean no Saturday and Sunday involved in it.
Hence, third business working day will be on Tuesday, March 2.
Hope this helps.
Thank You.
20 pages in one night times 3 nights = 60. 60 pages times 3 problems per page is 180 problems.
20*3=60
60*3=180
