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aev [14]
1 year ago
13

Travis Industries plans to issue perpetual preferred stock with an $11.00 dividend. The stock is currently selling for $95.50, b

ut flotation costs will be 10% of the market price, so the net price will be $85.95 per share. What is the cost of the preferred stock, including flotation
Business
1 answer:
never [62]1 year ago
4 0

The cost of the preferred stock including flotation is 13.37%.

Explanation:

The computation of the cost of the preferred stock is shown below:

= Annual dividend ÷ Price × (1 - flotation cost)

= $11 ÷ 87.50 × (1 - 0.06)

= $11 ÷ $82.25

= 13.37%

Hence, the cost of the preferred stock is 13.37%.

Learn more about flotation here :

brainly.com/question/13501786

#SPJ4

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Omar is covered by a disability income policy. he is hurt while performing an occupation more hazardous than the occupation list
Alex73 [517]

I believe the answer is: Reduce the benefit level

If the individual performing an occupation more hazardous than the occupation listed in his policy, The insurance company had the right to perceive that the individual is involving himself in necessary risk, which provide them with a legal ground to reduce his benefit level.

6 0
2 years ago
Gross domestic product (GDP) may be calculated as the sum of ______. Multiple choice question. exports and imports only consumer
Alex777 [14]

Answer:

consumer spending, investment spending, government purchases of goods and services, and net exports.

Explanation:

The Gross Domestic Products (GDP) is a measure of the total market value of all finished goods and services made within a country during a specific period.

Simply stated, GDP is a measure of the total income of all individuals in an economy and the total expenses incurred on the economy's output of goods and services in a particular country.

Gross domestic product (GDP) may be calculated as the sum of consumer spending, investment spending, government purchases of goods and services, and net exports (exports minus imports).

Basically, the four (4) major expenditure categories of GDP are consumption (C), investment (I), government purchases (G), and net exports (N).

7 0
2 years ago
Worldwide Minerals Inc. wants to expand into the international market. It does not want to spend a very large amount of money fo
slavikrds [6]

Answer: Option A

                       

Explanation: In simple words, joint ventures refers to the business arrangement under which two or more independent parties join their operation for the purpose of doing business more effectively.

Worldwide can go for joint venture as it would be less costly then mergers and acquisitions since they have to buy a part of the entity also they can control the entity as per their share in it.

8 0
3 years ago
1. Jones files a lawsuit against BigMoney, LLC, a brokerage firm registered with the Securities and Exchange Commission. In the
tester [92]

Answer:

Jones is right in this lawsuit

Explanation:

Arbitration is the process by which disputes are settled between parties. When there is a disagreement between parties an arbitrator comes in to give a fair and unbiased view of the situation.

A solution that is agreed to by all parties is agreed upon to settle.

In this scenario where Jones is filing a lawsuit against BigMoney LLC for violating the Securities Exchange Act by engaging in fraudulent excessive trading, this is a violation of the law and not a dispute between parties.

So the arbitration clause is is not binding and the arbitration clause should be nullified.

5 0
2 years ago
In 2007, Salesforce.com recognized an emerging market for platform as a service (PaaS) offerings and developed a new competency
Debora [2.8K]

Answer:

Option D. Building new core competencies to create and compete in markets of the future.

Explanation:

The market entrants when enter they don't have any share of market. To attain the market they bring with them uniqueness in their product which the rival companies cann't offer. For this reason, many existing companies try to add additional capabilities and competencies in its existing strengths. This uniqueness achieved gives a competitive advantage which means the correct option is option D.

7 0
2 years ago
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