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3 years ago

What is 8,000 multiplied by 15%

Business

2 answers:

Dimas [21]3 years ago

8 0

Answer: The answer is 1,200

kaheart [24]3 years ago

8 0

Answer:1200

Explanation:

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A company recently issued 9% preferred stock. The preferred stock sold for $40 a share with a par of $20. The cost of issuing th

Westkost [7]

Answer:

The company's cost of preferred stock is 5.1%

Explanation:

In order to find the cost of the preferred stock we will need to divide the dividend the company pays on it by the net amount that the company is receiving for selling it.

In order to find the dividend we will multiply 9% by the par value of 20

Dividend = 0.09*20=1.8

Now we need to find the net amount the company receives for selling the preferred stock.

The company sells the stock for $40 but also has a issuing cost of $5, so in order to find the net amount we will subtract the cost from the price.

40-5= 35

35 is the net amount the company receives.

Now we will divide the the dividend 1.8 by the net amount 35

1.8/35=0.051

=5.1%

The company's cost of preferred stock is 5.1%

5 0

3 years ago

A nonprofit team attempting to reduce your state's unemployment rate is partnering with an outplacement firm to host workshops

Ira Lisetskai [31]

Answer:

conscientiousness

Explanation:

Just finished taking my test this was the correct answer they showed. Ur welcome

8 0

3 years ago

LBC Corporation makes and sells a product called Product WZ. Each unit of Product WZ requires 2.7 hours of direct labor at the r

In-s [12.5K]

Answer:

$ 2,829,276

Explanation:

The budgeted direct labour cost is going to be based on the budgeted production units.

Production budget = sales budget + closing inventory -opening inventory

Production budget = 46,000 - 140 + 580 = 45,560

Labour budget = Production budget× hours per unit

= 45,560× 2.7 hrs × $23

= $ 2,829,276

6 0

2 years ago

Wildhorse Company follows the practice of pricing its inventory at LCNRV, on an individual-item basis. Item No. Quantity Cost pe

katovenus [111]

Answer:

Wildhorse Company

The amount of the inventory is:

= $30,496.

Explanation:

a) Data and Calculations:

Item No. Quantity Cost per Estimated Cost to NRV LCNRV Inventory

Unit Selling Price Sell Value

1320 1,400 $3.78 $5.31 $1.89 $3.42 $3.42 $4,788

1333 1,100 3.19 4.01 1.18 2.83 2.83 3,113

1426 1,000 5.31 5.90 1.65 4.25 4.25 4,250

1437 1,200 4.25 3.78 1.59 2.19 2.19 2,628

1510 900 2.66 3.84 1.65 2.19 2.19 1,971

1522 700 3.54 4.60 0.94 3.66 3.54 2,478

1573 3,200 2.12 2.95 1.42 1.53 1.53 4,896

1626 1,200 5.55 7.08 1.77 5.31 5.31 6,372

Inventory value = $30,496

4 0

3 years ago

Mathew had purchased 100 shares of Blue Corporation for $100 per share. Currently, the stocks of Blue Corporation are trading at

solong [7]

Answer:

B) 50%

Explanation:

Matthew's total return on investment = (current price - original purchase price) / original purchase price

= ($150 - $100) / $100 = $50 / $100 = 0.5 or 50%

To be able to determine the annual rate of return we would need to know when did Mathew purchase the shares.

6 0

3 years ago