Opening an interest-bearing account is a form of investment. Deciding on opening it means that you are a business minded person. A business person knows how to leverage their income. In leverage income, there are 2 sides: linear income and residue income. Linear income means you work to get paid while in residue income, your money works for you. There's nothing wrong with both sides except the time and effort exerted to get an income. Sacrifice is one of the important keys to have residual income even in linear but if the goal is to have a better future, then sacrifice is one big obstacle to overcome.
<u>Solution and Explanation:</u>
The dollar amount of dividends that Xerox must pay on this stock = $2,160,000
Working for the answer
It was given in the question that, company issued 300,000 shares of Series and the convertible preferred stock pays quarterly cash dividends at a rate of 8% per year
par value of $90 per share
SO amount of dividends that Xerox must pay on this stock
=2,160,000
amount of dividends that Xerox must pay on this stock =2,160,000
Answer:
$165
Explanation:
Opportunity cost is the cost (or benefit lost) from choosing one activity or investment over another. In this case, if you decide to prepare your own tax report instead of paying a tax specialist, then your opportunity cost = 15 hours x $11 per hour = $165. By preparing your tax return yourself, you are losing 15 hours and you value your time at $11 per hour.
In five years his sister will be nine and he will be twenty-seven. currently, she is four. I'm not sure if this is the answer to your question as you did not finish writing it?
