James Hayes owns 370 shares of Ohio Utility preferred stock. If this preferred stock issue pays $1.90
Question:
James Hayes owns 370 shares of Ohio Utility preferred stock. If this preferred stock issue pays $1.90 per share, what is the total dollar amount Mr. Hayes will receive in one year?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 75% (12 reviews)
190 per share x 370 shares ...View the full answer
Answered By
Anjali Arora
Having the experience of 16 years in providing the best solutions with a proven track record of technical contribution and appreciated for leadership in enhancing team productivity, deliverable quality, and customer satisfaction. Expertise in providing the solution in Computer Science, Management, Accounting, English, Statistics, and Maths.
Also, do website designing and Programming.
Having 7 yrs of Project Management experience.
100% satisfactory answers.
5.00+
3+ Reviews
10+ Question Solved
Related Book For
Personal Finance
ISBN: 978-1259720680
12th edition
Authors: Jack R. Kapoor, Les R. Dlabay, Robert J. Hughes, Melissa Hart
Question Posted:
Students also viewed these Business questions
-
What is the total dollar amount of personal and dependency exemptions which a married couple with two children (ages 11 and 14, both of which are qualified children) and $80,000 of adjusted gross...
-
What is the total amount removed from Joshua's estate in 2014?
-
What is the total effective tax rate?
-
Based on the scenario provided below, write a well-organized essay conforming to the following requirements. The first page should be your title page; the last page is your bibliography of sources....
-
As products are made, capacity is used up. Managers must allocate the constrained resource to products so as to maximize the company's contribution margin . Required: a. List three limited resources...
-
Calculate the percent ionization of hydrazoic acid (HN3) in solutions of each of the following concentrations (Ka is given in Appendix D): (a) 0.400 M, (b) 0.100 M, (c) 0.0400 M.
-
As is indicated in Fig. P4.42, the speed of exhaust in a car's exhaust pipe varies in time and distance because of the periodic nature of the engine's operation and the damping effect with distance...
-
Joe Thyme opened Thyme Company, a veterinary business in Neosho, Missouri, on August 1, 2014. On August 31, the balance sheet showed Cash $9,000; Accounts Receivable $1,700; Supplies $600; Equipment...
-
On January 1, 2023, Bertrand, Incorporated, paid $70,800 for a 40 percent interest in Chestnut Corporation's common stock. This Investee had assets with a book value of $235,000 and liabilities of...
-
Calculate Gillian Pool and Spa Supplies average annual compound growth rate of sales and analyze its earnings performance for the past 5 years.
-
In March, stockholders of 3D Systems Corporation approved a 2-for-1 stock split. After the split, how many shares of 3D Systems stock will an investor have if she or he owned 180 shares before the...
-
Assume you own shares in Honeywell, Inc. and that the company currently earns $6.04 per share and pays annual dividend payments that total $2.38 a share each year. Calculate the dividend payout for...
-
Ken and Dorothy like to fly to Colorado for ski vacations. Sometimes, however, they are late for their flight. On the air carrier they prefer to fly, the probability that luggage gets lost is 0.012...
-
From a friend who is Human Resources Manager for a law fi rm: I need your help. Our partners are contemplating the introduction of 360-degree appraisal, and have asked my advice about the benefi ts...
-
Mountaintop golf course is planning for the coming season. Investors would like to earn a 12% return on the company's $50,000,000 of assets. The company primarily incurs fixed costs to groom the...
-
Sometimes, lenders allow or require a downpayment before they extend you the loan. What would be the advantage to the lender? What would be the advantage to the borrower?!
-
Daphne bought a house ten years ago for $245,000.The real estate market has had it ups and downs since then. Daphne read a story in todays newspaper that says that during the past decade, houses in...
-
Integrate manually JxIn(2x) dx =
-
Why is an echo weaker than the original sound? Discuss the role of distance.
-
The following selected information was taken from Sun Valley Citys general fund statement of revenues, expenditures, and changes in fund balance for the year ended December 31, 2019: Revenues:...
-
1. Michael Howitt of Berkley, Michigan, recently had his gallbladder removed. His total bill for this surgery, which was his only health care expense for the year, came to $13,890. His health...
-
(a) Use the Run the Numbers worksheet on page 338 to determine how much disability insurance Harry and Belinda each need. Use the December salary figures from Table 3-6 on page 87. To determine the...
-
(a) What factors should the Hernandezes consider as they shop for long-term care protection? (b) Victor is still in his 40s. How does his age affecttheir decisions related to long-term care...
-
A corporation issues 13 %, 15-year bonds with a par value of $570,000 and semiannual interest payments. On the issue date, the annual market rate for these bonds is 11%, which implies a selling price...
-
If you were asked whether a large university such as Tennessee or Michigan with a large seating capacity for their football stadiums should build a new football stadium, how would you respond and...
-
A production department reports the following conversion costs. Equivalent units of production for conversion total 436,000 units this period. Calculate the cost per equivalent unit of production for...
Study smarter with the SolutionInn App