Answer:
4.31%
Explanation:
Calculation for the bank’s cost of preferred stock
Using this formula
Cost of preferred stock=Dividend / Selling price of stock
Let plug in the formula
Cost of preferred stock= $ 3.75 / $ 87
Cost of preferred stock= 4.31%
Therefore the Cost of preferred stock will be 4.31%
Answer:
The correct answer is letter "A": limited relationships.
Explanation:
Companies with limited relationships with customers do not have direct interactions with the end-user. This is because of the distribution channel of the business. This model is mainly characteristic of e-commerce where buyers purchase goods online and receive them at home without the need for physically interacting with the seller.
Answer:
Service Quality Gaps
Explanation:
Service Quality Gaps is one of the value gaps that can undermine customer experiences and can damage relationships.
This is because, customer satisfaction can be measured based on the service quality the customer receives, and if the customer is adequately satisfied, he would continue to patronise the company, but if he is not satisfied, it could damage relationships.
Answer:
$487,500
Explanation:
The write off does not affect the realizable value of accounts receivable . Neither total assets nor net income is affected by the write off or specific account. Instead both assets and net income are affected in the period when bad debts expense is predicted and then recorded with an adjusting entry.
Accounts Receivable $ 3250,000
Less Allowance for Doubtful Accounts $ 3250,000*1% = 32,500
Estimated Realizable Accounts Receivable $ 3217500
But if the amount of the bad debts decreases or increases as is given below then the the income is also increased or decreased by the amount given
Bad debts = $ 32,500
Uncollectibles previously written off= $ 27,800
Difference $ 4700
Net income $ 487,500
Less Difference $ 4700
Reported Income $ 482,800