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RUDIKE [14]
3 years ago
8

Match each description 1 through 4 with the characteristic of preferred stock that it best describes in the dropdown next to eac

h description.
Description Characteristics
1. Holders of the stock are entitled to receive current and all past dividends before common stookholders receive any dividends
2. Holders of the stock can receive dividends exceeding the stated rate under certain conditions
3. Holders of the stook are not entitled to receive dividends in excess of the stated rate.
4. Holders of the stook lose any dividends that are not declared in the current year
Business
1 answer:
andreyandreev [35.5K]3 years ago
7 0

Answer:

1. <em>Holders of the stock are entitled to receive current and all past dividends before common stockholders receive any dividends</em>  - Cumulative Shares

Holders of Cumulative Shares will always receive the dividends owed to them because even if they do not get it in a particular period, the dividends will accrue until the company is able to pay them.

2. <em>Holders of the stock can receive dividends exceeding the stated rate under certain conditions  - </em>Participating Shares

Participating Shareholders are eligible to receive an extra dividend provided that there is surplus profit after all the other dividends have been paid off.

<em>3. Holders of the stock are not entitled to receive dividends in excess of the stated rate.  - </em>Non- Participating Shares

Even if there are surplus profits after all other dividends have been paid off, these holders are not entitled to that profit.

<em>4. Holders of the stock lose any dividends that are not declared in the current year - </em>Non- Cumulative Shares

If their dividend is not declared in a certain period, they will forfeit that dividend for the period.

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Mofro's Computer Repair Shop started the year with total assets of $270,000 and total liabilities of $180,000. During the year,
JulsSmile [24]

Answer:

$200,000

Explanation:

As we know that

The net income is the income that is generated when we deduct all expenses incurred from all revenues generated that is reflected on the income statement  

In mathematically,  

Net income = Revenues earned - expenses incurred

                   = $450,000 - $250,000

                   = $200,000

3 0
3 years ago
Lynette Company's Inventory balance at 12/31/04 was $200,000 and was $188,000 at 12/31/05. Its Accounts Payable balance e at 12/
Viefleur [7K]

Answer:

A) $704,000.

Explanation:

For computing the cash payments we need to calculate the following amounts which are as follows

Total purchases = cost of goods sold + ending inventory - opening inventory

= $720,000 + $188,000 - $200,000

= $708,000

Now cash payment to merchandise is

= Beginning account payable balance + purchased made - ending account payable balance

= $80,000 + $708,000 - $84,000

= $704,000

Hence, the correct option is A. $704,000

3 0
3 years ago
Gemini Inc. has prepared a market plan for its air conditioners. The managers at Gemini have outlined several activities for the
Westkost [7]

The correct answer is C) implementation.

Gemini Inc. has prepared a market plan for its air conditioners. The managers at Gemini have outlined several activities for their subordinates based on a marketing plan. The employees are required to finish these activities within specific time frames. The managers have also allocated a budget for each activity. In the context of marketing planning, the concept that illustrates the scenario is<u><em> implementation.</em></u>

When talking about the marketing plan, the first stage in the planning where managers establish the goals, the strategies and tactics to reach those goals. Those strategies and tactics come to reality in the implementation stage, when management gives every department and employee the activities they need to do in order to accomplish the goals. The implementation is the operative part that has to be done in the allocated time and within the budgetary restriction to fulfill the programs and accomplish goals.

8 0
3 years ago
You are considering a new product launch. The project will cost $1,006,000, have a four-year life, and have no salvage value; de
Serjik [45]

Answer:

A) In Best Case: revenues rise by 10% while costs decline by 10%. In the worst case, profits are declining by 10%, while costs are rising by 10%.

Scenario   Unit sales         Variable costs Fixed costs

  Base      360                   $16,300          $334,000

  Best        396                    $14,670           $300,600

  Worst      324                    $17,930           $367,400

b), c) Using the tax shield approach, the OCF and NPV for the base case estimate is:

OCF(base) = [($19,800 – 16,300)(360) – 334,000](0.60) + 0.40(1,006,000/4)

OCF(base)= $656,200

NPV(base) = –$1,006,000 + $656,200(PVIFA14%,4)

NPV(base) = $905,978.01

OCF(worst) = [($19,800 – 17,930)(324) – 367,400](0.60) + 0.40(1,006,000/4)

OCF(worst)= $243,688

NPV(worst) = –$1,006,000 + $243,688(PVIFA14%,4)

NPV(worst) = $ (295,963.28)

OCF(best) = [($19,800 – 14,670)(396) – 300,600](0.60) + 0.40(1,006,000/4)

OCF(best)= $1,139,128

NPV(best) = –$1,006,000 + $1,139,128(PVIFA14%,4)

NPV(best) = $2,313,091.27

d) OCF and NPV with Fixed Costs 344,000

OCF(base) = [($19,800 – 16,300)(360) – 344,000](0.60) + 0.40(1,006,000/4)

OCF(base)= $650,200

NPV(base) = –$1,006,000 + $650,200(PVIFA14%,4)

NPV(base) = $888,295.74

e) (Change in NPV in Case d wrt Case c)/Change in FC,

(888,295.74 - 905,978.01)/(10,000) = -1.75

8 0
3 years ago
Asset cost $35,000Prepaid Insurance $5,000Maintenance costs $3,000Accumulated Depreciation $10,000Book Value $________Based on t
saveliy_v [14]
Okay, I’ll try to figure this one out for you


give me some time

Thxs
7 0
3 years ago
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