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kramer
3 years ago
11

Sunland, Inc. has 1000 shares of 7%, $10 par value, cumulative preferred stock and 47000 shares of $1 par value common stock out

standing at December 31, 2020. What is the annual dividend on the preferred stock?
Business
1 answer:
Helga [31]3 years ago
8 0

Answer:

700

Explanation:

Calculation for the annual dividend on the preferred stock

Annual dividend on the preferred stock=1000 shares of 7%, $10 par value

Annual dividend on the preferred stock=(1000*$10*.07)

Annual dividend on the preferred stock=$700

Therefore the annual dividend on the preferred stock will be $700

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Answer:

The first reason that makes indirect production superior to direct production is the refining of the end product.

The second reason that makes indirect production superior to direct production is the value the produced good acquires.

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Explanation:

The reasons behind this answer are that in the first place the indirect production allows a producer to refine the raw product to a level in which it can be used to obtain more from it. For example, gasoline as a product can provide us more energy than the oil itself. Also, it obtains a bigger value and it can be used for a longer time. So, in other words, indirect production is the refining of raw materials to obtain more from them.

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When you know you cannot pay your debts, which of the following should you do?
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3 years ago
There is a bond with a coupon of 7.6 percent, seven years to maturity, and a current price of $1,032.20. What is the dollar valu
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Answer:

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b) In calculating the dollar value of the bond, which is a measure of the change in the value of the bond portfolio for every 100 basis point change in the interest rates, this is referred to as DV01 (that is, dollar value per 01).  Often denoted as 100 basis points (bps), 0.01 is equivalent to 1 percent.

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