Answer:
Current stock price = $1.040
Explanation:
We know,
Current preferred stock price = Preferred dividend ÷ Expected rate of return
Given,
Expected rate of return = 4.69%
Preferred dividend = $4.88
Current preferred stock price = ?
Putting the values into the formula, we can get
Current preferred stock price = $4.88 ÷ 4.69%
Or,Current preferred stock price = $1.040.
Therefore, the current preferred stock price is $1.040.
Usage rate segmentation differentiates among heavy users, medium users, light users, and nonusers of a specific product, service, or brand.
A rate is a special ratio in which the two terms are in different units. For example, if a 12 oz can of corn costs 69 cents, the price is 69 cents for 12 oz. This is not a ratio of two equal units, such as B. Shirt. It is the ratio of two unequal units: cents and ounces.
A rate is a ratio that compares quantities in different units. Fees are common in everyday life. Grocery and department store prices are approximate. Tariffs are also used to pay for gasoline, tickets to movies and sporting events, and hourly and monthly fees.
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Answer:
Operating income= 40,000
Explanation:
Giving the following information:
Total variable expenses are $40,000, total fixed expenses are $30,000, and the sales revenue needed to break even is $40,000.
Sales= operating income + fixed costs + variable costs
Sales= 40,000 + 30,000 + 40,000= 110,000
Operating income:
Sales= 110,000
Variable costs= 40,000
Gross profit= 70,000
Fixed costs= 30,000
Operating income= 40,000
Answer:
True
Explanation:
For computing the cost of the completed jobs in a job-order costing system we have to consider the actual direct materials cost, actual direct labor cost, and the manufacturing overhead cost applied.
In mathematically,
The total cost of completed job = Direct Material cost + Direct labor cost + manufacturing overhead cost
Therefore, the given statement is true
