Why do creditors wish to restrict a corporations payment of cash dividends and repurchases of the corporations
Question:
Why do creditors wish to restrict a corporation’s payment of cash dividends and repurchases of the corporation’s shares?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 42% (7 reviews)
Dividends return cash to all shareholders while a share ...View the full answer
Answered By
Dudhat Vaidehi
I tutored mostly elementary school students privately after school and during the summer. We met in their homes or at the public library. I charged an hourly fee, and I provided any necessary materials.
Having taught in special education in two local schools for many years meant that I had contact with a lot of parents of special needs students. I never had to advertise — word of mouth was how most folks knew of me. At one point I did have a website, but didn't utilize it much. I stayed very busy, especially in the summers, and always had a full schedule. I typically met with each student's teacher in order to get an idea of what the focus of my instruction/remediation should be. Becoming familiar with the student's learning style(s) was also very helpful. Often parents would share records and test results with me. After each tutoring session, I documented the student’s progress and gave parents written updates, as well as phone calls or emails as needed.
While my students and I certainly utilized technology and the internet often during our sessions, I never tutored online or for any tutoring company, so am not familiar with the curriculums or methods used in those settings.
Tutoring one on one was very enjoyable and rewarding. My students and I had fun, and grew quite fond of one another. The extra income was a bonus. I had to retire from tutoring due to a physically handicapping disease, and miss my students very much.
0.00
0 Reviews
10+ Question Solved
Related Book For
Horngrens Accounting
ISBN: 9780135359785
11th Canadian Edition Volume 2
Authors: Tracie Miller Nobles, Brenda Mattison, Ella Mae Matsumura, Carol A. Meissner, Jo Ann Johnston, Peter R. Norwood
Question Posted:
Students also viewed these Business questions
-
Explain the difference between the payment of cash dividends by a company and the withdrawal of cash by a sole trader. What is the effect of each on assets? On equity? On profit?
-
Why do economists oppose policies that restrict trade among nations?
-
Why do governments often intervene in international trade to restrict imports and expand exports?
-
ABC Ltd prepares its financial statements to 31 October each year. Its trial balance at 31 October 2019 was as follows: Premises-cost Manufacturing plant-cost Office equipment-cost Accumulated...
-
Find the exact value of each expression. 1. (a) sin-1(3 / 2) (b) cos-1 (-1) 2. (a) arctan 1 (b) sin-1 (1/2)
-
Home Decor Companys management is trying to decide whether to eliminate Department 200, which has produced losses or low profits for several years. The companys 2011 departmental income statement...
-
Harold, a board member of a Fortune 500 corporation, has just discovered at a board meeting that the company will acquire a competitor and that the company stock will likely increase once this...
-
The air inside a chamber at T ,i = 50C is heated convectively with h; = 20 W/m 2 K by a 200-mm-thick wall having a thermal conductivity of 4 W/m K and a uniform heat generation of 1000 W/m 3 . To...
-
What industry is Airbnb in? Is Airbnb in a risky industry? Why/when Airbnb begin its operations? Has Airbnb announced an IPO, or possibly a SPAC deal, since it received its initial funding? If now...
-
A scientist is rolling a die which has six possible outcomes. He is comparing the expected values of each number to see if the die is equally weighted. The Chi-squared value of his experiment is...
-
The net income of Valente Inc. amounted to $3,750,000 for the year ended December 31, 2020. There were 200,000, $9.00 cumulative preferred shares throughout the year. At January 1, 2020, Valente Inc....
-
Figero Inc. has $390,000 of income in 2020. During that same time it declared preferred dividends in the amount of $12,500. The following activities affecting common shares occurred during the year:...
-
Delete as many recessive rows and columns as possible, then write the reduced matrix game: -2 3 5 -1 -3 0 0 -1 1
-
Of 250 administrative and 350 staff employees at Money Bank, 100 of the administrators and 280 of the staff are on flex time. If an employee is selected at random from this group, what is the...
-
1. For each of the two scenarios below, please answer the following questions: (50 points, 25 points for scenario; see details for each question). a) The founders' equity holdings (i.e., percentage...
-
Accounting 536 Teaching Data Analytics using IDEA INTRODUCTION US Superstore has been very successful with sales increasing rapidly. Management desires to begin selling its products globally within...
-
Solve for x: 3x+1=32
-
Describe the role of hemostasis in wound healing and explain in detail the four steps of hemostasis and discuss why hemostasis is affected in people with haemophilia.
-
In each case find an invertible matrix U such that UA = R is in reduced row-echelon form, and express U as a product of elementary matrices. (a) (b) (c) (d) 1-1 2 -2 10 5 12 -1 12-10 A=13 1 1.2 1-3 3...
-
Differentiate the following terms/concepts: a. Personality types and money attitudes b. Planners and avoiders c. Moderating and adapting to biases d. "Perfectible judges" and "incorrigible judges"
-
What is the accounting equation? Briefly explain each of the three parts.
-
List the four financial statements. Briefly describe each statement.
-
What are two certifications available for accountants? Briefly explain each-certification.
-
4 An electron emitter will be used to make a beam of electrons for a microscope. Electrons are emitted from a hot wire and accelerated between an anode and cathode plate which can be approximated to...
-
1. A current of 5.83 A is used to produce the microwave radiation in a microwave oven. If the voltage across the oven is 120V, how much does it cost to run the microwave for 12 minutes if electrical...
-
You've seen the following returns on a stock over the past five years: 6 percent, 12 percent, 20 percent, -6 percent, and 11 percent. Suppose the average inflation rate over this time period was 2.5...
Study smarter with the SolutionInn App