Slater lamp manufacturing has an outstanding issue of preferred stock with a par value of $80 and an 10% annual dividend.
a. what is the annual dollar dividend? if it is paid quarterly, how much will be paid each quarter? ββ
b. if the preferred stock is noncumulative and the board of directors has passed the preferred dividend for the last 2 quarters, how much must be paid to preferred stockholders in the current quarter before dividends are paid to common stockholders?
c. if the preferred stock is cumulative and the board of directors has passed the preferred dividend for the last 2quarters, how much must be paid to preferred stockholders in the current quarter before dividends are paid to common stockholders?
Answers: 2
Business, 22.06.2019 01:00, lin550
Throne technical university is looking for three people to work in its plant-biology laboratory. the hiring manager is finding that the most suitable job candidates live in other countries and are not willing to move to the city where the university is located. which situation is the university facing? a. lack of flexible workforce b. surpluses in labor talent c. an appearance of quota systems d. deficits in minimum wage demands
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You wish to retire in 13 years, at which time you want to have accumulated enough money to receive an annual annuity of $23,000 for 18 years after retirement. during the period before retirement you can earn 9 percent annually, while after retirement you can earn 11 percent on your money. what annual contributions to the retirement fund will allow you to receive the $23,000 annuity? use appendix c and appendix d for an approximate answer, but calculate your final answer using the formula and financial calculator methods.
Answers: 1
Slater lamp manufacturing has an outstanding issue of preferred stock with a par value of $80 and an...
Mathematics, 14.07.2020 05:01