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Arturiano [62]
2 years ago
13

The name preferred stock is in reference to the fact that:_____.

Business
1 answer:
Sliva [168]2 years ago
8 0

Answer: d. preferred dividends must be paid in full before any common stock dividends can be paid.

Explanation:

Preferred stocks will see their dividends paid before those of common shares. Indeed if the company was to liquidated, preferred shareholders get preference over common shareholders.

Preferred dividends have preference over common dividends and so their name reflects this by being called ''preferred'' shares. Some classes of preferred shares such as cumulative shares have an even greater amount of preference as their dividends will always be paid even if it takes years to do so.

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Answer:

A lot of information is missing as well as the requirements, so I looked for similar questions.

The requirements are:

<em>a. What is the break-even point in sales dollars for RBC? </em>

<em>b. What is the margin of safety for RBC? </em>

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a) break even point = total fixed costs / contribution margin

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c) operating profit = $250,000 ⇒ ($1,125,430 + $250,000) / 73% = $1,884,150.69

operating profit = $490,000 ⇒ ($1,125,430 + $490,000) / 73% = $2,212,917.81

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Byron is interested in buying an antique vase for his grandmother's birthday. He visits an antique store and buys the first vase
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specialty

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Byron does not visit another store to compare other vases because he already knows the unique characteristics he is looking for which he found in the first vase that he saw and bought. So he purchased a specialty good.

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