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3 years ago

The cumulative feature of preferred stock

Business

1 answer:

Dima020 [189]3 years ago

3 0

Answer:

B) requires that dividends not paid in any year must be made up in a later year before dividends are distributed to common shareholders.

Explanation:

In cumulative feature of preferred stock, the preference shareholders have priority of shareholders over common shareholders in the year subsequent to the year in which the dividend is not distributed. All other options given in the question are incorrect.

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Manufacturing overhead costs incurred for the month are: Utilities $ 39 comma 000 Depreciation on equipment $ 24 comma 000 Repa

Alchen [17]

Answer:

Expense accounts are debited

Explanation:

4 0

3 years ago

Income is one factor used in determining whether or not a job is middle class, and the other is?

torisob [31]

Income is one factor used in determining whether or not a job is middle class, and the other is the nature of the work.

In the United States, 50% of people live in the middle class, according to the most recent Pew Research Center survey from 2021. This is a reflection of the middle class's longer-term downward trend over the previous five decades.

According to a recent Pew research, the majority of Americans were not middle class for the first time since at least the 1960s.

Just 50% of adult Americans in America lived in middle-class households in 2021, compared to 54% in 2001, 59% in 1981, and 61% in 1971.

Both the middle class's demographic share and its part of the income pie have been declining.

To learn more about Pew Research Center here

brainly.com/question/11363612

#SPJ4

5 0

1 year ago

Barclay Enterprises manufactures and sells three distinct styles of bicycles: the Youth model sells for $350 and has a unit cont

grandymaker [24]

Answer:

Break-even point in composite units = 811 units

Explanation:

Number of modal;

5 Youth models

9 Adult models

6 Recreational models

Annual fixed costs total = $6,550,000

Find:

Break-even point in composite units

Computation:

Mixed contribution margin = 5[130] + 9[475] + 6[525]

Mixed contribution margin = 650 + 4275 + 3150

Mixed contribution margin = $8075

Break-even point in composite units = Annual fixed costs total / Mixed contribution margin

Break-even point in composite units = 6,550,000 / 8075

Break-even point in composite units = 811 units

3 0

3 years ago

A company has a process that results in 1,300 pounds of Product A that can be sold for $13.00 per pound. An alternative would be

n200080 [17]

Answer:

If the company process further the units, income will decrease by $600.

Explanation:

Giving the following information:

A company has a process that results in 1,300 pounds of Product A that can be sold for $13.00 per pound.

An alternative would be to process Product A further for $13,600 and then sell it for $23.00 per pound.

We need to determine the result of further processing the product.

Sell as-is:

Effect on income= 1,300*13= $16,900 increase

Continue processing:

Effect on income= 1,300*23 - 13,600= $16,300

It is more profitable to sell the units before further processing.

8 0

3 years ago

Hilton's, a home-improvement store chain, reported these summarized figures:_______.

Nataly_w [17]

Answer:

a. 2017 ⇒ 1.50

2016 ⇒1.58

b. Deteriorate

Explanation:

a. Current ratio 2017

= Current Assets / Current liabilities

= 6,708,700 / 4,470,000

= 1.50

Current ratio 2016

= 5,848,000 / 3,700,000

= 1.58

b. The current ratio went from 1.58 in 2016 to 1.50 in 2017 which would mean that it deteriorated.

8 0

3 years ago