Answer:
The answer is I, II
Explanation:
Common-size ratio is a way of expressing each line item of a financial statement as a percentage of a selected line item.
For income statement, each line item is expressed as a percentage of net sales or revenue.
For balance sheet, each line item is expressed as a percentage of total assets.
Both I and II are correct because they are expressed as a percentage of total assets and it is a balance sheet
III is wrong because net profit margin is expressed as a percentage of sales
Answer:
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Answer:
which country r u from?cuz I would have to research the banks according to your country.
Answer:
the required return on the preferred stock is 3.33%
Explanation:
The computation of the required return on the preferred stock is shown below:
= Dividend ÷ Selling price per share
= $2.50 ÷ $75
= 3.33%
Hence, the required return on the preferred stock is 3.33%
We simply applied the above formula
