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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

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Rate of Return if State Occurs State of Economy Probability of State of Economy Stock A Stock B Stock C Boom .15 .39 .49 .29 Goo
Maurinko [17]

Answer:

15.68%

Explanation:

Now to get the expected return of the portfolio, we need to find the return of the portfolio in each state of the economy. This portfolio is a special case since all three assets have the same weight. To find the expected return in an equally weighted portfolio, we can sum the returns of each asset and the we divide it by the number of assets, so the expected return of the portfolio in each state of the economy will be :

Boom: RP= (.13 + .21 + .39) / 3 = .2433, or 24.33%

Bust: RP= (.15 + .05 −.06) / 3 = .0467, or 4.67%

Now to get the expected return of the portfolio, we multiply the return in each state of the economy by the probability of that state occurring, and then sum. In so doing, we get

E(RP) = .56(.2433) + .44(.0467)

=.1568, or 15.68%

8 0
3 years ago
Use the information below for Harding Company to answer the question that follow. Harding Company Accounts payable $28,638 Accou
inn [45]

Answer:

$119,159

Explanation:

The computation of the quick asset is shown below:

Quick assets = Cash + Marketable securities  + Accounts receivable

                     = $18,105 + $36,753 + $64,301

                     = $119,159

Only these items i.e cash, marketable securities and the account receivable are shown in the quick assets

4 0
4 years ago
Use the formula Profit=Revenue-Expenses and think of a business. Write a paragraph about how you will make revenues for your bus
AveGali [126]

Answer:

Profit concept explanation, with example of a coaching institute.

Explanation:

The business considered is of a coaching institute.

Its revenue is the fee earned by students studying in the institute.

The cost is fixed cost of set up, variable cost on electricity, mantainence & other miscellaneous expenses.

Profit = Total Fee received from all the students - Total cost of fixed & variable factors.

Eg : Fee per student = 1000, 10 students. Fixed cost = 2000, Variable cost = 1000

Profit = 1000 (10) - 2000 - 1000

= 10000 - 3000 = 7000

4 0
3 years ago
rrent selling price of $170. Variable costs are $130 per unit, and fixed costs per month average $6,240. Management is consideri
GREYUIT [131]

Answer:

31.6%

Explanation:

Contribution margin ratio after the increase in selling price is:

CM = (Unit selling price - Unit variable cost) / Unit selling price

      = (190 - 130) / 190 = 31.6%

4 0
3 years ago
What are the starting and stopping points of the development of the self during the life course?
Marina CMI [18]

Answer:

Starting Points of the development of the Self.

* When we feel an urge, motivation and desire that we should learn something extraordinary to improve our self.

* When we feel we are lacking something, it could be regarding learning new technology, learning new sports or anything which we feel we are not good at.

* When we see others then instead a jealousy feeling, we find them as a good and better human being than us, then we start idealizing them and followed by learning the same set of skills which we think they possess.

Starting Points of the development of the Self.

* When we start thinking that we know each and everything, that's the point when we stop learning for new skills ans about new things, and ultimately our progress stops there.

* While seeing others, when we feel jealously kind of feelings for them, then instead of admiring their potential we start leg-pulling and other negative techniques, which means we have stopped our own development of the self.

* Instead of taking interests in new skills, knowledge and technology, we start feeling better with the one which we have, not only this, but we also feel that the tings which we possess are the best-est of all, then we stop progressing.

5 0
3 years ago
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