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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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What is Postage(in accounts)​
Karo-lina-s [1.5K]

<em>To recognize a transaction on an account. For example, if one writes a check for $100 and $100 is deducted from that account three days later, the transaction is set to post on the third day.</em>

6 0
2 years ago
Toys-For-All is a toy manufacturing company. As the new production manager, Craig notices that the production unit has been unde
disa [49]

Answer:

Procedure that is used in order to produce the desired quantity of products being produced.

Explanation:

Based on the information being described in this scenario it can be said that the HR specialist will have Craig define the Procedure that is used in order to produce the desired quantity of products being produced. Without this information the HR specialist can not help him conduct a work flow analysis because he does not have the information required to know what the employees should be doing and how the current company is working.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

5 0
3 years ago
Plz help me...
Alecsey [184]
I think it would be D, because to have morals means that you have values. It's basically what they believe in and so on.
3 0
4 years ago
Diane owns a bakery where she sells cupcakes. Two blocks down there is another bakery, CC's Bakery, that sells cupcakes for $1 l
BabaBlast [244]

Answer:

competition based pricing

Explanation:

When a company engages in a competition based pricing strategy, they will set the price of their products or services taking based on the price of their main or direct competitor. The product or service provided by the competitor is used to benchmark both the price and quality of the goods and services offered by the company.

For example, Coca Cola products are used as a price reference for all the soda products sold by other companies.

8 0
3 years ago
A company paid $505,000 to purchase equipment and $15,500 to have the equipment delivered to and installed in the company's prod
Firdavs [7]

Answer:

Using the units-of-production method, the amount of depreciation expense the company would report in the income statement prepared for the year-ended October 31, 2018 would be $105,711.

Explanation:

The unit-of-production method is used when the asset value closely relates to the units of output it is able to produce. It is expressed with the formula below:

(Original Cost - Salvage value) / Estimated production capacity x Units/year

Depreciation expense (DE) is: ($520,500 - $5,500) / 28,500 operating hours x 11,700 hours = $211,421 yearly depreciation expense.

Depreciation from May 1 to October 31, 2018 (6 months): $211,421 / 2 = $105,711

5 0
3 years ago
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