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Georgia [21]
3 years ago
14

The shares of preferred stock issued by Saturn Corporation can be exchanged for common stock. However, any dividends in arrears

are lost. Which of the following features are present in the preferred stock issued by Saturn?a. Convertibleb. Redeemablec. Cumulatived. Noncumulative
Business
1 answer:
Jlenok [28]3 years ago
8 0

Answer: Option (A)

Explanation:

Here, in this particular case we can state that the preferred stocks issued by the Saturn Corporation are convertible. Here, under this scenario the these stocks are referred to as the preferred shares which tends to include the valid option for the individual i.e. the holder to convert their shares into a proportion of the common shares after a time period.

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To be effective, your goals must be balanced in the following areas:a. Career, Fun, Health, Relationship, Spiritualityb. Environ
sweet-ann [11.9K]

Answer:

Career , Financial , Health and Fitness, Relationships, Spirituality

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People set goals on daily basis. The question is; how effective are those goals. It therefore means that for a goal to be effective, it must touch or cover the following areas ; career, financial, health and fitness, relationships, spirituality.

6 0
3 years ago
Brands can seed many forms of content in social communities as they try to boost engagement and sharing. ______ offer a way for
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7 0
2 years ago
Consider the following situations for Shocker:
Delicious77 [7]

Answer:

a.

Cash $4,500 (debit)

Deferred Revenue $4,500 (credit)

b.

Prepaid Advertising $2,700 (debit)

Cash $2,700 (credit)

c.

Salaries Expense $8,000 (debit)

Salaries Accrued $8,000 (credit)

d.

J1

Cash $70,000 (debit)

Note Payable $70,000 (credit)

J2

Interest Expense $2,100 (debit)

Note Payable $2,100 (credit)

Explanation:

a.

Recognize Cash and Deferred Revenue

b.

Recognize Asset - Prepaid Advertising and De-recognize Cash

c.

Recognize Salaries Expense and Recognize Salaries Accrued Liability

d.

J1

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5 0
4 years ago
Why would a sole proprietorship or partnership need to submit a DBA form for the company?
Feliz [49]
If you’re a sole proprietorship  or general partnership, you’ll need to file a DBA if you want your company to operate under a name that’s not your full, legal name, or your partner’s name. That’s because sole props and GPs are unincorporated, and they don’t need to file entity formation papers, and a business entity name, with the state. (Though they do still need to acquire the necessary business licenses and permits.)

So, they and their business are one in the same entity—which means they and their business have the same name, too—unless they file a DBA. 




I hope it helped you!

7 0
3 years ago
Read 2 more answers
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