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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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TRUE/FALSE. temporary accounts begin a new fiscal period with a: question 2 options: zero balance debit balance credit balance y

Mashutka [201]

The answer is true. Temporary accounts are transient accounts that open with no balance at the beginning of each accounting period and close at the conclusion in order to preserve a record of accounting activity during that period.

They consist of the spending accounts, income statements, and income summary accounts. Permanent accounts include cash accounts such as accounts receivable and accounts payable. The terms asset, liability, equity, inventory, balance investments, etc. are other examples of permanent accounts. An account that shuts at the conclusion of each accounting period and has no balance when a new period starts is referred to as a transitory account.

To learn more about accounts, click here.

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1 year ago

Sandra Morris is presently leasing a small business computer from Eller Office Equipment Company. The lease requires 10 annual p

Andre45 [30]

Answer: a. $73,810.88

b. $10,185.18

Explanation:

a. The payments of $11,000 are constant so this can be considered an Annuity.

The cost of the Computer is it's present value which is,

Present Value of Annuity = Annuity Payment * Present Value Interest Factor of Annuity, 11%, 10 periods

= 11,000 * 6.71008 (Payment is made at the end of the year so this is an Ordinary Annuity)

= $73,810.88

b. When an Annuity is instead paid at the beginning of the period it is considered to be an Annuity due.

The formula is the same but for the figures ,

Present Value of Annuity Due = Annuity * Present Value Interest Factor of an Annuity Due, 11% , 10 periods

73,810.88 = Annuity * 7.24689

Annuity = 73,810.88/7.24689

= $10,185.18

7 0

3 years ago

Productivity Standard 0.38 hrs (23 minutes) 8 hour shift = 480 minutes Beginning-of-shift duties 15 minutes Paid Morning break 1

Sonja [21]

Answer:

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Explanation:

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7 0

3 years ago

If demand for personal computers increases as a result of an increase in income, a. personal computers must be a normal good b.

dexar [7]

Answer: Personal computers must be a normal good.

Explanation:

Normal good is a type of commodity available in a market, in which the commodity's demand increases as income of the buyers increase. The normal goods posses a positive income elasticity of demand(where demand is directly proportional to income).

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3 years ago

An analyst is considering an investment in Treetops Inc. and has gathered the following information. What is the expected return

lesantik [10]

Answer:

Expected Return =

Recession = ( 20/100)* 20% = 4%

Steady = (40/100)*10% = 4%

Boom = ( 40/100) * 35% =<u> 14%</u>

Expected Return = <u> 22%</u>

there is no answer in the option. The correct answer is 22%.

Explanation:

Expected return of share is the summation of probability multiply by the return expected in a situation of the economy.

8 0

3 years ago