Answer:
2% dividend for last year and a 6% dividend for this year = 8%
Explanation:
Since the preferred stock yield cumulative interests, the corporation must pay all unpaid dividends plus current dividends before it can distribute dividends to common stockholders. Preferred stock dividends are always paid before common stock dividends.
Since last year the corporation only paid a 4% preferred dividend, the remaining 2% must be added to the current 6% preferred dividend for a total of 8%.
Answer:
The correct answer is D. When the product is sold and delivered to a customer.
Explanation:
It is recognized at the time of the sale, because the company receives an income as a result of the recovery of its cost plus the established profit margin. When the sale has not been made, it remains within the product inventories until the sale occurs and becomes an operational income.
From the above information, it can be concluded that Without knowing the application fees, it is impossible to say which bargain is better.
<h3>What are application fees?</h3>
An application fee is money paid to a property owner in order for them to determine eligibility to rent an apartment. Application fees may appear to be a ploy to extract every last penny from tenants, but they serve a function and are rather frequent.
In the above scenario, first bank offers a loan at 7% and second bank offers a loan at 7.5% and both have added the application fees. There is no way to tell which bargain is better without learning the application fees.
Therefore, it can be concluded that application fees amount is necessary to know.
Learn more about loan here:
brainly.com/question/11794123
#SPJ4
Answer:
There supposed to be given that info when applying for the job or in meeting! hope it helped :))