<span>The credit extender needs to consider all assets and sources of income in order to make a thoughtful decision. If the applicant is receiving alimony, child support, or maintenance payments this is significant and pertinent information, so the answer is a. True.</span>
According to the given statement Lindsey holt purchased preferred stock.
The correct option is B.
<h3>What is the preferred stock?</h3>
Preferred stock, which is a component of share capital and is commonly referred to as a combination indicator, is an asset that has any combination of features that common shares does not, such as those of an equity and a promissory note.
<h3>How do preferred stocks work?</h3>
securities with a repaired par value that pays dividends at a fixed rate, generally based on a proportion of the par value. The market price of preferred shares, like bonds, is dependent on changes in interest rates. When interest rates rise, the value of the preferred stock falls.
To know more about preferred stock visit:
brainly.com/question/15078323
#SPJ4
I understand that the question you are looking for is:
Lindsey Holt owns stock in the Galloway Gems Company. She knows in advance that the dividend on this stock is a $1.50 per share and that it is a promised or contractual and constant dividend . Given this, you know for sure that she purchased which type of stock?
A. Green chip
B. Preferred
C. Penny
D. Uncommon
E. Growth
Answer:
The ending balance of Allowance for Bad Debts account is $800
Explanation:
The computation of the ending balance of allowance for bad debt is shown below:
= Credit sales × uncollectible rate
= $40,000 × 2%
= $800
The estimated amount would be considered as an allowance for bad debts i.e $800, So no other amount would be come while computing the ending balance of Allowance for Bad Debts account.
However, the other information which is given in the question is not relevant. Hence, ignored it
Answer: Acceptability, portability and divisibility of money.
Explanation:
The question illustrates the acceptability, portability and the divisibility of money. The acceptability of money means that money is widely accepted as a medium for transaction, divisibility of money means that money can be broken down to smaller denominations and the portability of money means that money is easy to carry about.
