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
Aleks04 [339]
3 years ago
7

The WaterGlove Corporation issues ________ preferred stock that requires the payment of a quarterly dividend of $5.00 per share.

The WaterGlove Corporation falls behind with four quarterly payments, i.e., $20.00 per share of preferred stock. The next quarter, the corporation makes a profit of $25.00 per share. The corporation must pay the $20.00 per share of arrearages to the preferred shareholders plus this quarter's payment of $5.00 per share.
Business
1 answer:
Pepsi [2]3 years ago
4 0

Answer: Cumulative

Explanation:

Cumulative preferred shares are a type of share that calls for dividends owed on the share to always be paid to the holder. If the company goes through a period where they are unable to pay the holder, the dividends will accrue until such a time as the company is able to pay.

This is the case here. WaterGlove was unable to pay the dividends in the past year and so now that they are able to, they must pay the dividends that are owed as well as the current one because no dividend will be foregone. They must all be paid.

You might be interested in
In the ________ stage of the industry life cycle, the emphasis on product design is very high, the intensity of competition is l
yanalaym [24]

Answer:

The correct answer is letter "C": introduction.

Explanation:

American economist Raymond Vernon (1913-1999) proposed the Industry Life Cycle model in which he displayed there are five (5) stages for that process: <em>introduction, growth, shakeout, maturity, </em>and <em>decline</em>.  

In the introduction stage, the product demand is low because the market is not familiar with it yet. As a result, competitors do not consider the entity as a relevant rival and, growth is limited. The firm's supply chain is still being schemed and even the product being offered is being adapted according to the feedback the company receives.

3 0
4 years ago
Minor Company installs a machine in its factory at the beginning of the year at a cost of $135,000. The machine's useful life is
VikaD [51]

Answer:

The straight line depreciation for the first year is $24000

Explanation:

The straight line method of depreciation charges/allocates a constant amount of depreciation through out the useful life of the asset. The straight line depreciation expense for the year is calculated as follows,

Straight line depreciation = (Cost - Salvage Value) / Estimated useful life

Straight line depreciation = (135000 - 15000) / 5  = $24000 per year

Thus, the amount of depreciation for first year under straight line method is $24000

7 0
3 years ago
What is one reasons why mixed economies exist?
xxTIMURxx [149]

Answer:Capitalism had too many limits

Explanation:

5 0
4 years ago
In relationship-based marketing, the focus is on enticing a buyer to make a purchase now based on such factors as low price, con
andrey2020 [161]

Answer: false

Explanation:

Relationship marketing looks at using customer service and quality of service as benchmarks in the companies marketing activities. They are developed at looking at lifetime relationship with clients. They are not about low price, convenience, packaging, or similar inducements now, these are factors for gaining a new client.

8 0
3 years ago
Nate works 40 hours and makes $8.95 per hour. his deductions are federal tax, $45.95; state tax, $8.80; social security tax, $13
masya89 [10]

Answer: The answer would be $282.33

Explanation: Multiply the $8.95 per hour by the 40 hours he works which will equal to 358, add all the deduction amounts together which will equal to 75.67, take away 75.67 from the 358 from before which will give your answer $282.33.

3 0
3 years ago
Other questions:
  • A desktop computer now sells for 15% less than it did last year. the current price is $425. what was the price of the computer l
    11·1 answer
  • The maximum penalty for failure to report that you accepted a gift from a non-federal entity may result in
    11·1 answer
  • Sarah and James Hernandez purchased 140 shares of Macy's stock at $31 a share. One year later, they sold the stock for $35 a sha
    11·1 answer
  • Limitations of GDP Although GDP is a reasonably good measure of a nation's output, it does not necessarily include all transacti
    9·1 answer
  • A 25-year old single client has just started his own small business and is not covered by a retirement plan. He has $5,000 to in
    5·1 answer
  • On May 15, DeShawn Tyler opens a landscaping company called Elegant Lawns by investing $90,000 in cash along with equipment havi
    6·1 answer
  • Which of the following is the most plausible effect of nearing debt ceiling on the interest rates paid by Americans?
    9·1 answer
  • With regard to the factors of production, "land" refers to which of these?
    15·1 answer
  • A company issued 30 shares of $.50 par value common stock for $12,000. The credit to additional paid-in capital would be _______
    8·1 answer
  • The following transactions took place at Five Flags Amusement Park during May. Five Flags Amusement Park must charge 8 percent s
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!