It is a true statement that the preferred stockholders must receive their current-year dividends before the common stockholders can receive any dividends.
<h3>What is a
preferred stockholders?</h3>
These are the owners of the preferred stock that is treated as a class of stock that granted certain rights that differ from common stocks.
The preferred shareholders have higher priority over a company's income which makes them being are paid dividends before the common shareholders. The common stockholders are last in line when it comes to company assets which makes them being paid out after creditors, bondholders, and preferred shareholders.
Therefore, It is a true statement that the preferred stockholders must receive their current-year dividends before the common stockholders can receive any dividends.
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Answer:
(a) price stock need = $1.667
(b) price stock need = $6.667
(c) price stock need = $11.667
(d) price stock need = $16.667
Explanation:
given data
return = 15% = 0.15
to find out
what price would the stock need to be priced today
a. $0.25 constant annual dividend forever?
b. $1.00 constant annual dividend forever?
c. $1.75 constant annual dividend forever?
d. $2.50 constant annual dividend forever ?
solution
(a) price stock need = 
(a) price stock need = $1.667
(b) price stock need = 
(b) price stock need = $6.667
(c) price stock need = 
(c) price stock need = $11.667
(d) price stock need = 
(d) price stock need = $16.667
A substance decays in 22ach days. after 7 days, there are nine milligrams of the substance last. milligrams had been there to start with:
at the give-up of each day, you are left with (100- 22)% = 7-8%, that is 0.7-8Tim.
To decay is described as to rot, lose strength or become worse. An example of degradation is while old fruit begins to rot. An instance of degradation is whilst a community begins to come to be crime-ridden. A falling into spoil.
a few common synonyms of deterioration are decomposed, putrefy, rot, and spoil. even as these types of words suggest "to go through negative dissolution," decay implies a sluggish exchange from a country of soundness or perfection.
The wooden of the white pine is long-lasting for indoor use, in particular, whilst covered by means of paint, however, while uncovered to moist air it swiftly decays, and it is very prone to dry rot; its miles are said to be excellent while grown on sandy soils.
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Answer:
The amount of cash for the payment of dividends during the year is B. $40,000
Explanation:
To Determine the amount of cash for the payment of dividends during the year, we open a Dividends Payable T - Account and find the amount via <em>missing figure approach</em> as follows:
Debits :
Cash (<em>Balancing figure</em>) $40,000
Ending of year Dividends Payable $15,000
Totals $55,000
Credits :
Beginning of year Dividends Payable $10,000
Dividends declared during the year $45,000
Totals $55,000
Answer:
Club membership fee of $60 would maximize profit.
If the club charges tow part pricing the maximum revenue can be $3500.
Explanation:
Joe has entered into a monopoly because he is owner of single golf course in the Northlands.
Demand function for Joe's golf course is:
P = 160 - 2q
P = $20 , q = 50
160 - 2 (50) = 60
Consumer surplus = 0.5 * equilibrium quantity
Consumer Surplus for Joe is ; 0.5 * 50 (160 - 20) = $3500
If MR = MC then demand function will become :
160 - 4q
If q = 25 then
160 - 4 * 25 = 60
