How would a list of personal property and its worth help when

Achi Corp. has preferred stock with an annual dividend of $ 3.22. If the required return on Achi's preferred stock is 8.4 %, w

Elza [17]

Answer:

The price of the stock is $38.33

Explanation:

The dividend growth is zero on a preferred stock thus its dividends are just like a perpetuity as the stocks have no defined life. The formula for the price or value of a perpetuity or the zero growth model is,

P0 = D / r

Where,

D is the dividend

r is the required rate of return

Thus, the price of the stock is:

P0 = 3.22 / 0.084 = $38.33

3 0

3 years ago

Read 2 more answers

Consider a university that purchases replacement chairs for its classrooms. The purchasing manager knows that the annual demand

Ierofanga [76]

Answer:

b. $866

Explanation:

Annual demand from the question = D = $500

the ordering cost = S = $200

then the cost of carrying H = $15

we have to calculate the economic order quantity

= sqr(2*D*S)/H

= sqr(2 x 500 x 200)/25

= sqr(13333.3333)

this equals 115.469

which is approximately 115.5

next we have to calculate inventory ordering cost

= (D * S)/EOQ

= 200 *500/115.5

= 865.5

When approximated becomes $866

8 0

3 years ago

Highland Company's standard cost is $250,000. The allowable deviation is ±10%. Its actual costs for six months are as follows Ja

Rasek [7]

Answer:

The month that is lower than the lower control limit is February ($220,000).

Explanation:

Giving the following information:

Highland Company's standard cost is $250,000.

The allowable deviation is ±10%.

Actual Fixed costs:

January $235,000

February 220,000

March 245,000

April 265,000

May 270,000

June 280,000

First, we need to calculate the lower control limit:

Lower control limit= 250,000*0.9= $225,000

The month that is lower than the lower control limit is February ($220,000).

6 0

3 years ago

Sonya is considering launching a daycare center in her community and uses information from the U.S. Census Bureau to determine t

Angelina_Jolie [31]

Answer: Secondary research

Explanation: In simple words, secondary research refers to analyzing an existing research done by some other party for the benefit of oneself.

In the given case, Sonya is planning to start a day center and for the objective of analyzing the market and the potential customers she used the data from the research that is conducted by the US census bureau.

Hence from the above we can conclude that Sonya is using secondary research.

4 0

3 years ago

Select the examples that best demonstrate likely tasks for Family and Community Services workers. Check all that apply.

rewona [7]

Answer:

c d and e is your answer

Explanation:

4 0

3 years ago

Read 2 more answers