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
borishaifa [10]
3 years ago
10

. At December 31, 2015, Xerox reports $349 million of 8% Series A Convertible Preferred stock. What is the dollar amount of divi

dends that Xerox must pay on this stock (assume a par value of $100 per share)
Business
1 answer:
r-ruslan [8.4K]3 years ago
5 0

Answer:

=  $27,920,000.00

Explanation:

<em>A preferred stock is that which pays a fixed percentage of its nominal  value as dividend. A preferred stock ranks ahead of common stock in the payment of dividends and settlement of claims in the event of liquidation.</em>

<em>However, preference dividends are paid out of profit only after the interest claims of loan creditors have been settled</em>

The total amount of preference dividends payable by Xerox

= 8% × 349,000,000

=  $27,920,000.00

Preference dividends = =  $27,920,000.00

You might be interested in
Which of the following is true about a sole proprietorship?
Alex73 [517]
The right answer for the question that is being asked and shown above is that:  "d. A sole proprietorship has a life of its own apart from its owner." It is considered as the simplest business form where one can operate. It is not a legal entity in itself.
7 0
3 years ago
Trade between individuals and between nations leads to: Trade between individuals and between nations leads to: higher product p
kondor19780726 [428]

Answer:

The correct answer is B.

Explanation:

Trade between individuals and between nations leads to: Increased Specialization

3 0
2 years ago
An important difference between accounting and other 4 functions, such as marketing and management, is that
Stolb23 [73]
Well, since there's no options

Accounting : providing information regarding all financial aspects in the company

Marketing : determining kinds strategies to introduce  company's products to the market

Management : Organizing all part of the company in order to reach company's goal
3 0
4 years ago
which of the following consumer products contain radioactive substances? radio luminescent paints and signs, mantles of camping
likoan [24]

Radio-luminescent paints and signage, lantern mantles, vibrant ceramic glazes, and potassium-based salt alternatives are a few examples of items that contain radioactive substances.

An unstable radioactive material emits harmful radiation types. It is radioactive substances unstable because the electric force that seeks to separate the atom's nucleus from the rest of the atom is stronger than signage the strong nuclear force holding it together. The atoms will transform into more stable ones as a result of its instability.

Radioactivity can also be thought of in terms of energy. A radioactive atom radioactive substances contains more energy than it requires. When something has more energy than it requires, it will eventually lose signage that energy since the universe's energy tends to disperse. Energy in the universe cannot be generated or destroyed, therefore when a radioactive atom loses its excess energy through decay, it must go somewhere.

Learn more about radioactive substances here

brainly.com/question/1160651

#SPJ4

5 0
1 year ago
You are planning a trip to the United Kingdom and expect that you will spend 2,200 pounds. How much will your spending be in U.S
ValentinkaMS [17]

Answer: $3,026.55

Explanation:

If US$1 is to £0.7269 then that means that the pound is stronger than the dollar because a dollar buys less than a pound in which case £2,200 will be more than $2,200.

It will be;

= 2,200/0.7269

= $3,026.55

<em>Options seem to be for a variant of this question. </em>

6 0
3 years ago
Other questions:
  • If input prices are constant in the long​ run, a firm with decreasing returns to scale can expect A. total costs to decrease whe
    6·1 answer
  • You work for a marketing firm that has just landed a contract with Run-of-the-Mills to help them promote three of their products
    12·1 answer
  • Ariana'a bank statement shows a closing balance of $125.18. There are no outstanding checks or deposits. Her checkbook shows a b
    13·2 answers
  • You are saving for retirement. To live​ comfortably, you decide you will need to save $ 2 million by the time you are 65. Today
    12·1 answer
  • Using this feature will fit an image to the size of an image frame.
    6·1 answer
  • Employees at Fratelli Inc. are encouraged to participate in decision making. Organizational control is based on group norms and
    7·1 answer
  • Aurora Corporation operated without insurance coverage for the first month of operations. Then, on February 1, the company paid
    11·1 answer
  • Over the past five years, a company had average annual credit sales of $320,000 and this year had write-offs of $2,000. Credit s
    11·1 answer
  • ​Viva, Inc. bought machine X for two years ago. The machine had no residual value and had an estimated useful life of 10 years.
    8·1 answer
  • The administrator may, by order, cancel the registration of a broker-dealer, agent, investment adviser:____.
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!