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3 years ago

Define asset-backed security in your own words.

Business

1 answer:

Bezzdna [24]3 years ago

7 0

Answer:

Asset-backed securities, also called ABS, are pools of loans that are packaged and sold to investors as securities

Explanation:

there you go

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Gault Corporation had the following shares of stock outstanding on December 31, 2018: Common stock, $50 par value, 200,000 share

Tcecarenko [31]

Answer:

Dividends paid to preference and ordinary shareholders are

$480,000 and $120,000 respectively

Explanation:

Common stock holders are the real risk bearers as they receive as dividends the residual amount after all other claims have been settled.

Preference shares entitles the holders to participate in a fixed dividend out of the profit made by the company. The divide is always a fixed percentage of the nominal value of the preference shares

Cumulative preference shares: Cumulative simply implies that should the company misses the payment of dividend in a particular year such unpaid dividend would be carried carried forward and paid in arrears in the following year/

Non-cumulative is the exact opposite of the case . Here, unpaid dividends are not paid in arrears in fact such are forfeited for life.

Preference dividends

2016 - 8% × $100 × 20,000= $160,000

2017 - 8% × $100 × 20,000 = $160,000

2018 - 8% × $100 × 20,000 = $160,00

Total paid in 2018 480,000

Dividends paid to common stock = $600,000 -480000

= $120,000

Dividend paid to preference and ordinary shreholders are

$480,000 and $120,000 respectively

6 0

3 years ago

dion made $67,785 Last year . express this number as a single digit times of a power of ten rounded to the nearest ten thousand

slega [8]

Answer:

7 * $10^{4}$

Explanation:

First, round 67,785 to the nearest ten thousand;

The 6 is in the ten thousands place, since it is greater than 5, it will be rounded up to 7. The number therefore becomes;

=70,000

Next, estimate the 70,000 to a single digit times a power of ten.

Maintain the 7 digit, then find a number that 10 is raised to, to get 10,000;

10^1 =10

10^2 = 100

10^3 = 1000

10^4 = 10,000

Therefore, 7 times 10 ^4 will give you 70,000;

70,000

= 7 * $10^{4}$

7 0

3 years ago

Superior Inc. is starting a new project. It plans to develop an online platform that allows for 3D printing of online purchases.

stealth61 [152]

Answer:

P0 = $216.18147448015 rounded off to $216.18

Explanation:

The dividend discount model (DDM) can be used to calculate the price of the stock today. DDM calculates the price of a stock based on the present value of the expected future dividends from the stock. The formula for price today under DDM is,

P0 = D1 / (1+r) + D2 / (1+r)^2 + ... + Dn / (1+r)^n + [(Dn * (1+g) / (r - g)) / (1+r)^n]

Where,

D1, D2, ... , Dn is the dividend expected in Year 1,2 and so on

g is the constant growth rate in dividends

r is the discount rate or required rate of return

P0 = 4 * (1+0.5) / (1+0.15) + 4 * (1+0.5)^2 / (1+0.15)^2 +

4 * (1+0.5)^3 / (1+0.15)^3 + [(4 * (1+0.5)^3 * (1+0.1) / (0.15 - 0.1)) / (1+0.15)^3]

P0 = $216.18147448015 rounded off to $216.18

3 0

3 years ago

Whats the differences between fans and customers

Mkey [24]

Fans are people that like your stuff , customers are people that buy your stuff

7 0

3 years ago

To reduce the amount of waste we produce takes thoughtful consideration about which products we use and how we use them. a goal

Goshia [24]

Use only disposable goods

8 0

3 years ago

Read 2 more answers

Define asset-backed security in your own words.​

Define asset-backed security in your own words.