Earnings per preferred share are
A) earnings before interest and taxes
B) the ratio of earnings to number of preferred shares
C) the ratio of EBIT to number of preferred shares
D) the ratio of preferred shares to common shares
Correct Answer:
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Q45: Preferred stock and long-term bonds are similar
Q57: Preferred stock generally pays
A)a variable dividend
B)a fixed
Q64: Dividend policy depends on
1. the firm's earnings
2.
Q66: Stock dividends increase
A)the number of shares outstanding
B)the
Q67: The quick ratio
A)excludes accounts payable
B)excludes accounts receivable
C)includes
Q68: Cumulative voting permits a stockholder to
A)collect extra
Q70: Analysis of preferred stock uses
A)operating income (EBIT)
B)earnings
Q71: The current ratio is unaffected by
A)using cash
Q73: Pre-emptive rights permit stockholders to
A)collect dividends before
Q74: The procedure for the distribution of dividends
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