When preferred stock is cumulative, preferred dividends not declared in a period are considered a liability called "dividends in arrears".
<h3>What are preferred stocks?</h3>
A word "stock" refers to a company's ownership or equity. Common stock & preferred stock are the two types of equity. Preferred investors are entitled to more dividends or asset distributions than common stockholders. The specifics of the each preferred stock vary depending on the issue.
Some key features regarding the preferred stocks are-
- Preferred stockholders have such a greater right to distributions (such as dividends) then common stockholders.
- In corporate governance, preferred stockholders typically have no or limited voting rights.
- In the case of a liquidation, preference shareholders have a stronger claim on assets than ordinary shareholders but a lower claim than bondholders.
- Preferred stock includes qualities of both bonds & common stock, making it more appealing to some investors.
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Answer: $145.32
Explanation:
$57500 loan × 6.5/100
$ 57500 ×0.065 =$3737.50 annual interest
Monthly interest = 3737.50 ÷ 12 month
= $ 311.45
Daily interest = monthly interest ÷ 30 days
= $311.45 ÷30
= $10.38
So, from March 17 to May 1 = 14days
14×$10.38 = $145.32
The newsboys lived in were a part of the large contingency New York children that were homeless and living on the streets.
Hope this helped. Have a great day! :D
Answer:
2.5
Explanation:
because that's the answer
A public service is something provided by the government or another official entity for the benefit of all members of a society or community, such as health care, transportation, or garbage management.
Any service designed to meet the specific needs of the total population of a community is considered a public service. People who live in a government jurisdiction can access public services directly from public sector organizations or through public financing of private companies or nonprofits (or even as provided by family households, though terminology may differ depending on context). Other public services are provided on behalf of or in the best interests of the citizens of a government. The phrase refers to a social consensus .
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