What advantage do preferred stockholders have over common stockholders

1 answer:

7 0

Current Income. Preferred stocks are a hybrid type of security that includes properties of both common stocks and bonds. One advantage of preferred stocks is their tendency to pay higher and more regular dividends than the same company's common stock. Preferred stock typically comes with a stated dividend.

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Green Cabinets is a custom cabinet builder. They recently completed a set of kitchen cabinets (Job Number 1478), as summarized b

Alinara [238K]

Answer:

a. $612

b. $2,480

Explanation:

a. Overhead is applied at a rate of $12 per direct labor hour.

Overhead applied would therefore be;

= 12 * total labor hours

= 12 * 51

= $612

b. Total Cost = Direct labor cost + Direct Material cost + Manufacturing overhead

= 978 + 890 + 612

= $2,480

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3 years ago

Suppose two economists are debating a tax reform bill. Both economists agree that the bill would increase the after-tax income o

valentina_108 [34]

Answer:

d) Differences in values.

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2 years ago

If an account has a credit balance it means

Brums [2.3K]

Answer:

If the total of your credits exceeds the amount you owe, your statement shows a credit balance. This is money the card issuer owes you. You can call your card issuer and arrange to have a check sent to you in the amount of the credit balance.

Explanation:

Hope this help!!

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2 years ago

Robusta Coffee Importers sold 6 comma 000 units in October at a sales price of $ 35 per unit. The variable cost is $ 15 per unit

yanalaym [24]

Answer:

Operating Income= $110,000

Explanation:

Giving the following information:

Robusta Coffee Importers sold 6,000 units in October at a sales price of $35 per unit. The variable cost is $ 15 per unit. The monthly fixed costs are $10,000.

The operating income is the difference between the contribution margin and the fixed costs:

Contribution margin= selling price - unitary variable cost

Operating income= Total contribution margin - fixed costs

OI= 6,000*(35 - 15) - 10,000= $110,000

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2 years ago

The following information is available on a depreciable asset owned by Mutual Savings Bank:

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Answer:

$4366.67

Explanation:

Given: Asset book value on july 1, year 3= $57800