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Umnica [9.8K]
3 years ago
13

DEF Corporation had two issues of ordinary preferred stock with a $100 par value traded on the NYSE. One issue paid $5.56 annual

ly per share and sold for $95.55 per share. The other paid $5.88 per share annually and sold for $97.50 per share. What is DEF’s Corporation’s cost of preferred stock?
Business
1 answer:
asambeis [7]3 years ago
6 0

Answer:

5.93%

Explanation:

Cumulative Dividend for both (5.56+5.88)          $11.44

share price for both types of preferred stock (95.55+97.5) $193.05

Cost of preferred stocks $11.44/193.05=5.93%

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Tpy6a [65]

'Pola and quint want to form and do business as river tours corporation. a corporation can consist of one or more natural persons.

A corporation is an organization (usually a group of people or a legal entity) authorized by the State to act as a single entity and legally recognized as such for a specific purpose. Early incorporated entities were established by charter. Most jurisdictions now allow the formation of new companies through registration.

The company is managed and directed by its directors and officers. Directors are appointed by shareholders and are responsible for the overall management and corporation governance of the company. The directors appoint officers who are responsible for the day-to-day management and operations of the company.

Learn more about corporation brainly.com/question/1918077

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4 0
1 year ago
#14 Diagnosis reference numbers are entered on the CMS-1500 claim to:
elena-14-01-66 [18.8K]

Answer:

analyse quality of service provided .

Explanation:

  • The Diagonsis reference number is useful thing
  • It is used to determine the importance of service provided and the relationship with providers.
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Option C

8 0
2 years ago
The following balance sheet accounts of a foreign subsidiary at December 31, 2017, have been translated into U.S. dollars as fol
exis [7]

Answer:

$1,300,000

Explanation:

The computation of the total amount included in the translated balance sheet is shown below:

= Account receivable at current rate + account receivable, long term at current rate  + inventories at current rate + goodwill at current rate

= $600,000 + $300000 + $180,000 + $220,000

= $1,300,000

We recorded at the current rate or lower value of current rate or historical rate but the goodwill is recorded at current rate

6 0
3 years ago
Ben hired Lewis to drive his car in a race. Tuan, a friend of Lewis, promised to pay Lewis $3,000 if he won the race. Lewis won
qaws [65]

Answer:

Consideration contract.

Explanation:

Consideration is basically the fact that Lewis never offered something in consideration to Tuan for his offer to pay the $3,000, this means that both parties need to have a benefit from the agreement and both should have a detriment, if only one party has a benefit that is considered a gift, and the law can´t force someone to gift something. This is why Tuan claim is correct and he isn´t forced to pay the $3,000 to Lewis.

8 0
3 years ago
The central problem in product-oriented layout planning is?
algol13

Answer: The minimizing the imbalance in the workloads among workstations.

Explanation:

Workspace can inspire informal and productive encounters if it balances what three physical and social aspects.

7 0
3 years ago
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