Question

A customer holds 100 shares of abc corp $100 par non-convertible preferred stock. if abc declares and pays a 10ommon stock dividend, then as of the payable date, the customer will now have:_____.

Answer 1

A customer holds 100 shares of ABC corp $100 par non-convertible preferred stock. if ABC declares and pays a 10ommon stock dividend, then as of the payable date, the customer will now have 100 shares of ABC preferred stock.

What is customer?

• In sales, trade, and economics, a customer is the person who receives an item, service, product, or idea from a seller, vendor, or supplier in exchange for money or another useful consideration.
• A customer is also referred to as a client, buyer, or purchaser.
• one who makes a purchase of a good or service The buyer made the purchase using a credit card.
• A person who frequently possesses a particular distinguishing quality, such as a really difficult client.

Just who are your clients?

• Always keep the people utilising the product in mind when determining who the client is.
• The market and the product exist for their benefit, and they are also the ones for whom value is being created.
• When a company sells its product as a component in another company's product, things might get a little sticky.

Learn more about customer here:

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