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4 years ago

Which most accurately describes the difference between common stock and preferred stock?

2 answers:

6 0

Common stock is a corporate owned equity. Common stock shareholders have a right to the company's assets after all bondholders, preferred stock/shareholders and other debt holders are paid first and in full. Preferred stock has the owner entity to a fixed amount of money. Those that are preferred shareholders/stockholders receive money before any common stock holders do. They have a higher claim on assets and company earnings.

liq [111]4 years ago

3 0

Common stock and preferred stock are the two main types of stocks. Common stocks are issued to public to generate a stream of funding to expand the business. The common stocks are also referred to only as stocks.

Preferred stock on the other hand is a share of ownership in a public company.

The following most accurately describes the difference between common stock and preferred stock: Preferred stock pays out earnings at fixed, regular dividends

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Managers are important members of the organization. Within an organization, there are managers at f aders. Each of these levels

Ulleksa [173]

Answer:

GlobalTech Advertising Inc.

1. Pat leads the sales force to achieve GlobalTech Advertising Inc.'s sales goals for the quarter

Pat is a first-line manager.

2. Rick develops GlobalTech Advertising Inc.'s human-resources policies

Rick is a top manager.

3. Daisy is the foreperson of the warehouse and ensures products are loaded effectively

Daisy is a team leader.

4. Ruth is the art department head and supervises the art staff.

Ruth is a team leader.

5. Gary analyzes the national sales forecasts of Yellow Pages directories and develops projections on long- term industry growth.

Gary is a team leader.

6. Greg is the national sales manager and coordinates the activities of his first-line managers.

Greg is a middle manager.

7. Although he can't fire or discipline team members. Mike is in charge of making sure the team meets its production goals.

Mike is a team leader.

8. Nancy is the go-to person when the teams needs to coordinate their work or they have conflicts arise.

Nancy is the first-line manager.

Explanation:

a) Data:

Levels of management Managerial Challenges

Top manager Long-term decisions, organization-wide

Middle manager Policy and Plan Implementation, Supervision

and Coordination of first-line managers

First-line manager Short-term operating decisions, tasks direction

Team leader Facilitating team activities

b) The level of a manager can be determined by the managerial challenges she faces, as classified above.

5 0

3 years ago

Nuevo York County maintains the Metro Bus Enterprise Fund to account for the activities of its municipal bus service. The follow

Ket [755]

Answer:

$150,000 (land (400,000) - current BP (250,000)

Explanation:

Hope this helps

5 0

4 years ago

Your auto insurance policy has a $200 monthly premium and $700 deductible. What is the maximum amount you will have to pay out-o

N76 [4]

When you take out an insurance policy your monthly premium is the amount you pay each month to keep your insurance. In this case, the $200 a month premium allows you to file a claim if something were to happen because you are paying for the insurance services. When you set up your premiums they will base your monthly service rates off of your deductible amount if you need to file a claim. The out-of-pocket for a car accident with a deductible of $700 is $700. Once the deductible is paid, the insurance will pay out for the damage.

6 0

3 years ago

Read 2 more answers

If Vickers Company issues 5,000 shares of $5 par value common stock for $175,000, A. Paid-In Capital in Excess of Par will be cr

Sindrei [870]

Answer:

option A is correct

Paid-In Capital in Excess of Par will be credited for $150,000

Explanation:

Given data

share = 5000

share value = $5 / common stock

cash = $175000

to find out

find the option which is correct

solution

we know here we have cash value $175000

and

total common stock is = share × share value

total common stock =5000 × 5

total common stock value is $25000

so paid capital in excess = cash - total common stock value

paid capital in excess = 175000 - 25000

paid capital in excess is $150000

so option A is correct

Paid-In Capital in Excess of Par will be credited for $150,000

4 0

3 years ago

A machine with a cost of $65,000 has an estimated residual value of $5,000 and an estimated life of 4 years or 18,000 hours. Wha

forsale [732]

Answer:

The correct answer is C.

Explanation:

Giving the following information:

A machine with a cost of $65,000 has an estimated residual value of $5,000 and an estimated life of 4 years or 18,000 hours.

To calculate the depreciation expense for each year, we need to use the following formula:

Annual depreciation= 2*[(book value)/estimated life (years)]

Year1= [(65,000 - 5,000)/4]*2= $30,000

Year2= [(60,000 - 30,000)/4]*2= $15,000

3 0

4 years ago