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3 years ago

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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The accounts receivable turnover rate: Multiple Choice Indicates how many times the receivables were converted into cash during

andreev551 [17]

Answer:

Indicates how many times the receivables were converted into cash during the year.

Explanation:

Accounts receivables turnover ratio or Debtor Turnover Ratio(DTR) depicts the number of times a business's receivables are converted into cash within a period.

The ratio is computed as follows:

$\frac{Net\ Credit\ Sales}{Average\ Accounts\ Receivables}$

wherein, Average Accounts Receivables = $\frac{Op.\ debtor\ balance\ +\ Cl.\ debtor\ balance}{2}$

wherein, Op. = Opening

Cl. = Closing

The ratio depicts how often a firm receives the money due from it's debtors during a period and represents how frequently debtors make payments, represented by average collection period which is computed as follows:

= $\frac{365\ days}{DTR}$

6 0

3 years ago

Dixie Bank offers a certificate of deposit with an option to select your own investment period. Jonathan has $8 comma 000 for h

Marizza181 [45]

Answer:

A = P * (1 + r/n)^nt. Where A = Maturity amount = ? P = Principal amount = $8,000, r = Rate of interest = 6%, n = Number of compounding per year = 1, t = Number of year

a. t = 2

A = $8,000 * (1 + 0.06/1)^1*2

A = $8,000 * (1.06)^2

A = $8,000 * 1.1236

A = $8,988.80

b. t = 6

A = $8,000 * (1 + 0.06/1)^1*6

A = $8,000 * (1.06)^6

A = $8,000 * 1.418519

A = 11348.152

A = $11,348.15

c. t = 10

A = $8,000 * (1 + 0.06/1)^1*10

A = $8,000 * (1.06)^10

A = $8,000 * 1.7908477

A = 14326.7816

A = $14,326.78

d. t = 15

A = $8,000 * (1 + 0.06/1)^1*15

A = $8,000 * (1.06)^15

A = $8,000 * 2.3965581931

A = 19172.4655448

A = $19,172.47

3 0

2 years ago

Among foragers the status of women declines when they provide most of the food. men and women are equal; there is no gender ineq

Yuki888 [10]

Answer:

Whats the question??

Explanation:

3 0

3 years ago

Zen Arcade paid the weekly payroll on January 2 by debiting Salaries and Wages Expense for $47,000. The accountant preparing the

hram777 [196]

Answer:

Salaries and wages payable...................Dr $20,000

Salaries and wages expense $20,000

Explanation:

As per accrual system, an expense is incurred when it is accrued irrespective of when it is paid. So, $20,000 was accrued in December 31, salary and wages expenses would have been debited then amounting to $20,000.

In order to rectify the mistake of double counting, the entry passed by the accountant would be reversed to nullify the effect.

Adjusting Journal entry:

Particulars Debit Credit

Salaries and wages payable $20,000

Salaries and wages expense $20,000

(Being double counting of salaries and

wages expense rectified)

4 0

3 years ago

A marketing manager decides what combination of variables is needed to satisfy customers' needs for a general type of product. W

VMariaS [17]

Answer:

a. Product, price, distribution, and promotion variables

Explanation:

As a customer requires various attributes of the product, that is for which the customer will not compromise in, these include:

The product needed, as for the customer is hungry he shall ask for a pizza, now pizza is a product.

The price of the product, if the price is in the budget of the customer he shall buy it else he shall not buy it.

Distribution associated with it basically the method in which it will be distributed, the packaging extracts.

Promotion variables includes extra benefits like offered with the product, cash backs as for example, etc:

8 0

3 years ago