Explain type of stock
A stockbroker advises a client to "buy preferred stock%u2026. With that type of stock,%u2026 [you] will never have to worry about losing the dividends." Is the broker right?Why and please explain me why?
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Shunda Corporation wholesales parts to appliance manufacturers. On January 1, 2014, Shunda Corporation issued $22,000,000 of five-year, 9% bonds at a market (effective) interest rate of 7%, receiving cash of $23,829,684.
Won Han Co. has four departments: materials, personnel, manufacturing, and packaging. In a recent month, the four departments incurred three shared indirect expenses.
Zeta corporation and its subsidiary reported consolidated net income of $320,000 for the year ended december 31, 20x8. zeta owns 80 percent of the common shares of its subsidiary, acquired at book value.
Why are investments in marketable securities shown separately from cash equivalents in the balance sheet?
On the first day of its fiscal year, Elbert company issued $50,000,000 of 10-year, 7% bonds to finance its operations. Interest is payable semiannually.
Stallman Company took a physical inventory on December 31 and determined that goods costing $275,260 were on hand. Not included in the physical count were $31,540.
Allocate the depreciation, intrest, and taxes occupancy costs to the Diaz and Wright departments in proportion to the relative market values of the floor space.
Indicate the balances in the three stockholders' equity accounts after the stock dividend shares have been distributed.
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