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
GalinKa [24]
3 years ago
14

Match each description 1 through 6 with the characteristic of preferred stock that it best describes by writing the letter of th

at characteristic in the blank next to each description.
A. Callable
B. Convertible
C. Cumulative
D. Noncumulative
E. Nonparticipating
F. Participating
_____ 1. Holders of the stock are entitled to receive current and all past dividends before common stockholders receive any dividends.
_____ 2. The issuing corporation can retire the stock by paying a prespecified price.
_____ 3. Holders of the stock can receive dividends exceeding the stated rate under certain conditions.
_____ 4. Holders of the stock are not entitled to receive dividends in excess of the stated rate.
_____ 5. Holders of this stock can exchange it for shares of common stock.
_____ 6. Holders of the stock lose any dividends that are not declared in the current year.
Business
1 answer:
artcher [175]3 years ago
7 0

Answer and Explanation:

The classification is as follows

a. In the callable, the corporation who issued could retired the stock by payoff the mentioned price

b. In the convertible, the stockholders could able to exchange for the common stock shares

c. In the cumulative, the stockholders should received the current as well as the past dividends prior to the common stockholders

d. In the non-cumulative, the stockholders should lose the dividend that not declared in the present year

e. In the non-participating, the stockholders should not received any dividend that more than the stated rate

f. In the participating, the stockholder should received any dividend that more than the stated rate

You might be interested in
A pure monopoly will find that marginal revenue _____.
natima [27]

Answer:

the answer is A

Explanation:

marginal revenue is revenue obtained from sale of extra unit of good,please email me on kennedychmb the domain is g  mail as i cannot type the fulll address here but thats the ID

5 0
3 years ago
1. Answer the below question based upon the following information on Fitbit: Fitbit Year0 Year1 RRF 2% Initial Investment -$5,00
Volgvan

Answer:

$8.53

Explanation:

As per the data given in the question,

Total sales

= 150,000 × $400

= $60,000,000

Variable = $37,500,000

Fixed cost = $1,000,000

Depreciation = $1,500,000

Tax rate = 35% = 0.35

Net Income = (Sales - Variable - Fixed cost - Depreciation) (1 -Tax rate)

= ( $60,000,000 - $37,500,000 - $1,000,000 - $1,500,000)(1 -0.35)

= $13,000,000

Price per share

= Net income ÷ Existing Fit-bit shares

= $13,000,000 ÷ 2,000,000

= $6.5

Total IPO value = Pre-IPO value + Post-IPO value

= [$91,100,000 + (6.5 × 36,500,000)] ÷ ( 2,000,000 + 36,500,000)

= $8.53

We simply applied the above formula

3 0
3 years ago
Panda Company is owned equally by Min, her husband, Bin, her sister Xiao, and her grandson, Han, each of whom hold 100 shares in
otez555 [7]

Answer:

300 shares

Explanation:

Based on Family attribution rules the rules often requires that the family attribution should occur between parents, their children and grandchildren, regardless of their age.

But based on the information given in which Panda Company is owned equally by Min, her husband, Bin, her sister Xiao, and her grandson, Han in which each of them hold 100 shares in the company which means Under the family attribution rules we would excludes Min sister Xiao from the shares.

Hence, the shares of Panda stock that Min is deemed to own will be:

Min +husband Bin + her grandson Han =3 individual

100 shares ×3=300 shares

Therefore Under the family attribution rules, 300 shares of Panda stock is what Min is deemed to own

7 0
3 years ago
Police can seize evidence not covered by a search warrant when
Mariana [72]
The best answer would be B. the evidence is in plain view
4 0
3 years ago
Decko Industries reported the following monthly data: Units produced 52,000 units Sales price $ 33 per unit Direct materials $ 1
Rus_ich [418]

Answer:

$1,275,000

Explanation:

The computation of the  contribution margin is shown below:

As we know that

Contribution margin = Sales - variable cost

or

Selling price per unit - variable cost per unit

And, the direct material per unit, direct labor per unit, and the  Variable overhead per unit are variable cost

So, if 50,000 units are sold, the contribution margin per unit is

= 50,000 × ($33 - $1.50 - $2.50 - $3.50)

= $1,275,000

3 0
3 years ago
Other questions:
  • Candela Company has retained earnings of $500,000, common stock of $400,000, and total common stockholders’ equity of $1,200,000
    7·1 answer
  • Why do you think pmi created a separate knowledge area for stakeholder management?
    5·1 answer
  • At what point does buying in bulk stop being a wise spending choice? 1. when the consumer has a lot of space to store bulk items
    12·2 answers
  • Most companies allocate facility-level activity costs directly to products for decision-making purposes.True or false?
    5·1 answer
  • Seth invested $44,000 in Series EE savings bonds on April 1. By December 31, the published redemption value of the bonds had inc
    8·2 answers
  • Which of the following is not an assumption associated with the definition of a production function?
    6·1 answer
  • The concept of market efficiency underpins almost all financial theory and decision models. When financial markets are efficient
    9·1 answer
  • Maxim manufactures a hamster food product called Green Health. Maxim currently has 15,500 bags of Green Health on hand. The vari
    12·1 answer
  • 19. 14 oz of gold equals how much in dollars.
    11·1 answer
  • Shannon Reeves and Tish Phillips remember their experiences with student protests in the 1960s. Shannon remembers seeing Jimi He
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!