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
Archy [21]
2 years ago
12

The cost of perpetual preferred stock is found as the preferred's annual dividend divided by the market price of the preferred s

tock. No adjustment is needed for taxes because preferred dividends, unlike interest on debt, is not deductible by the issuing firm.
A) True
B) False
Business
1 answer:
VikaD [51]2 years ago
5 0
Answer: A


Preferred share dividends are distributions of profits and not interest payments. Thus not tax-deductible.
You might be interested in
Please help!! Question: Drake begins wearing knee high socks in his videos and concerts? What
MariettaO [177]
The answer would be B because demand would increase, therefore if there are more consumers there will be less product as people keep buying (therefore p decreases)
7 0
2 years ago
Suppose the United States can produce either 90 apples and 20 oranges or 80 apples and 30 oranges. What is the opportunity cost
Tju [1.3M]

Answer: The opportunity cost of producing 1 apple will be 1 orange.

Explanation:

Opportunity cost is defined as the loss or cost of another alternative when another alternative is being chosen by an economic agent.

In this scenario, the opportunity cost of producing every additional apple will be 1 orange due to the fact that as there's an increase in the production of apple from 80 to 90, there'll be a reduction in the production of orange from 30 to 20.

This indicates that for the increase of 10 apples, there's a reduction of 10 oranges which implies that an increase of 1 apple brings about a reduction by 1 orange.

5 0
3 years ago
Sweet Dreams Chocolatiers Ltd. began operations on January 1, 2020. During its first year, the following transactions occurred:
FromTheMoon [43]

Answer:

Explanation:

Journal entry is a record of transaction in their respective accounts using the debit and credit system. Debit entry represents an increase and credit a decrease.

S / NO             Particulars       Debit          Credit  

 1                      Cash                200,000

                       Share stock                               200,000

2                       Inventory             483,000

                   Account payable                             483,000

3.                 Account receivable   675,000

                              Sales                                       675,000

                      Cost of goods             405,000

                         Inventory                                       405,000

4                            Cash                        562,000

                     Account receivable                              562,000

5                    Account payable               431,000

                            Cash                                                  431,000

6                       Motor Vehicle                 39,000

                               Cash                                                  39,000

7                            Rent                        25200

                     Prepaid rent                       2100

                           Cash                                                         27300

8                    Operating Expenses      20,000

                              Cash                                                       18,000

                       Operating exp payable                                  2,000

9                            Depreciation                 2,000

                             Motor Vehicle                                              2,000

10                  Dividends payable                   8500

                               Cash                                                             8500

7 0
3 years ago
If a material event is either unusual in nature or an infrequent occurrence—such as a one-time charge resulting from a major res
PtichkaEL [24]

Answer:

False

Explanation:

7 0
3 years ago
Mountaintop Sports Inc. issued $200,000 of 10-year, 6% bonds, with interest payable semiannually on June 30 and December 31 each
SCORPION-xisa [38]

Answer:

The amount should be recorded as interest expense in the journal entry made each six months is $6,000

Explanation:

In order to calculate the amount should be recorded as interest expense in the journal entry made each six months, we have to calculate the interest annually with the following formula according to the given data:

interest annually=Issue Price of Bond×rate of interest

                           =$200,000 ×6%

                           =$12,000

Therefore, the interest semiannually would be calculated as follows:

interest semiannually=$12,000/2=$6,000

The amount should be recorded as interest expense in the journal entry made each six months is $6,000

4 0
3 years ago
Other questions:
  • The restriction x11,x12, x21, x22 ≥ 0 in the model means:
    9·1 answer
  • If an occupation is projected to grow by 13% over the next 10 years, how would you rate the job outlook?
    9·2 answers
  • A local tree farm is trying to decide which fertilizer to use to grow its trees. It can either buy the famous Greenwood Fertiliz
    6·1 answer
  • Give two reasons why value of norminal GDP would increase ​
    6·1 answer
  • Ying pays $300 of investment interest related to her investments. The interest is not directly related to any particular investm
    15·1 answer
  • Marcy and Liz developed a new jewelry design. They were fortunate to get the attention of a large online retailer who was willin
    12·1 answer
  • One of the disadvantages of the Six Sigma approach compared to the Kaizen approach is that: Select one: a. the lack of ownership
    5·1 answer
  • Plz help I will make u brainleist!!four points difference between engineering and architecture​
    9·1 answer
  • Dr. Jones’ office has purchased the above equipment. It is now Year #2 and there is a $7,000 annual maintenance fee that needs t
    14·1 answer
  • Where have you seen marketing take place?
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!