1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
timurjin [86]
3 years ago
9

As a preferred stockholder, you are entitled to numerous preferences and privileges over common stockholders. If you are a prefe

rred stockholder of a company that has fallen on economic hardship and is likely to go bankrupt, which preference or privilege of preferred stock is going to be most useful to you? Select one: A. Participation privilege B. Conversion privileges C. Asset distribution preference D. Dividend preferenc
Business
1 answer:
aivan3 [116]3 years ago
6 0

Answer: Asset distribution preference

Explanation: Preference shareholders have the right to receive fixed amount of dividends as opposed to equity shareholders who get variable dividends, also preference shareholders are paid before equity holders.

   Apart from this, in event of liquidation of a company, preference shareholders will have the right on assets of the company before equity shareholders but after debt holders.

Thus, from the above we can conclude that the right answer is D, the asset distribution preference of the preferred stockholders. As, in such a case preferred stockholders have a chance to have their money back.

You might be interested in
Many commuters in New York install radio frequency identification (RFID) devices on their cars that can be read automatically as
marin [14]

Answer:

off-peak pricing

Explanation:

Off-peak pricing is defined as the type of pricing where there is a lower charge for services when there is less flow of customers. It provides an incentive to keep customers that patronise a business when there is less demand.

When there is a rush or higher demand the price can now go higher.

In the given scenario where commuters in New York install radio frequency identification (RFID) devices on their cars that can be read automatically as they approach a toll booth. Also New York authorities the opportunity to manage traffic flow by charging different toll amounts for different times of day.

This is an off-peak pricing system

5 0
2 years ago
Sumner sold equipment that it uses in its business for $30,000. Sumner bought the equipment a few years ago for $80,000 and has
Solnce55 [7]

Answer:

long-term capital loss 10,000

Explanation:

80,000 purchase

(40,000) accumulate depreciation

40,000 net book value

30,000 sales price

-10,000 loss

This is a long-term capital loss because the assets was in the company possesions for a longer time than 12 months.

6 0
3 years ago
Explain five reasons some areas have high population density and give example of those areas​
Naddik [55]

Answer:

The following are the major reasons the high density of the population in any place.

Availability of water.

Industrialisation.

Employment potential.

Infrastructure facilities like housing, roads, proper transport facilities, health and education, communication facilities etc.

Explanation:

Mark me as brainlist

4 0
2 years ago
On January 1, 2014 the Accounts Receivable and the Allowance for Doubtful Accounts carried balances of $30,000 and $500, respect
san4es73 [151]

Answer:

correct option is $750

Explanation:

solution

we know here that Net balance of opening accounts receivable is

Net balance of opening accounts receivable = $30000 - $500

Net balance of opening accounts receivable = $29500

and

Credit sales during the year is here $7500 0

and Cash payments received = 74550

so

uncollecectible account expenses = credit sales × % of sale uncollectible

so uncollecectible account expenses = $75000 × 1%

uncollecectible account expenses  = $750

so correct option is $750

8 0
3 years ago
Just prior to completing the adjusted trial balance, Paula prepared the __________ section. After she finishes the adjusted tria
iVinArrow [24]

Answer:

Just prior to completing the adjusted trial balance, Paula prepared the <em><u>Adjusting entries </u></em>section. After she finishes the adjusted trial balance, she will complete the <em><u>financial statement </u></em>section of the worksheet.

Explanation:

Starting from the two first column of the unadjusted trial balance The accountant will prepare and complete the adjusting entries section. After that, the combination of the unadjusted TB and the adjusting entries will give the adjusted trial balance.  After that, the account balance is distributed according to the financial statement --> Balance sheet and income statement.

3 0
3 years ago
Other questions:
  • Which of the following statements is NOT one of the differentiation strategy​ decisions? A. Modular design to aid product differ
    14·2 answers
  • How does purchase a car affect the economy?
    15·1 answer
  • 0. Sarah takes home $33,000 per year from her job as a computer repairperson. Her only debt obligations are a car loan payment o
    11·1 answer
  • Sweet Company reports a pretax financial income of $72,600 for 2020. The following items cause taxable income to be different th
    6·1 answer
  • What is code of conduct in hospitality?​
    15·2 answers
  • A 10-year maturity, 8% coupon bond paying coupons semiannually is callable in five years at a call price of $950. The bond curre
    7·1 answer
  • What types of decision need to be made by groups?
    13·1 answer
  • Which case below best represents a case of price​ discrimination? A. A professional baseball team pays two players with differen
    13·1 answer
  • Scientific management is the study of work methods to improve the productivity of _____.
    5·1 answer
  • To graduate from high school, which diploma is better? IB (international bachelors) or AP (advanced placement)?
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!