Answer:
6.20%
Explanation:
Calculation for the cost of the preferred stock
First step is to calculate the Annual Dividend Payment on Preferred Stock
Annual Dividend Payment on Preferred Stock = [7% * $80]
Annual Dividend Payment on Preferred Stock = $5.60
Now let calculate the Cost of Preferred Stock using this formula
Cost of Preferred Stock = [Preferred Stock dividend / Market Price of
Preferred Stock (1-Flotation cost)]
Let plug in the formula
Cost of Preferred Stock = [($80 * 7%) / $95(1-0.05)]
Cost of Preferred Stock = [$5.60 / $95 (0.95)]
Cost of Preferred Stock = [$5.60 / $90.25]
Cost of Preferred Stock = 0.0620*100
Cost of Preferred Stock = 6.20%
Therefore the cost of the preferred stock is 6.20%
A specific group of related businesses is known as a *chain.
Answer: beg book value +the salvage value) / 2.
(the sum of annual average book values) ÷ asset’s life
(beg book value +the end book value) ÷ 2.
Explanation:
Depreciation is simply when an asset begin to wear and tear and thereby its value is reduced.Straight line depreciation is calculated when the difference between the cost of an asset and the expected salvage value is divided by the number of years it is projected to be used.
Using this method, the annual average investment can be calculated as:
• beg book value +the salvage value) / 2.
• (the sum of annual average book values) ÷ asset’s life
• (beg book value +the end book value) ÷ 2.
Answer:
The machines horsepower
Explanation:
Throwing would simulating moving yes? yes. House power is the amount of horses it would take to pull that car for example 250HP engine would mean it would take 250 horses to pull at that power that engine can pull.
Answer:
The correct option is B.
Explanation:
The marginal benefit is the maximum amount which a person or individual is willing to pay in order to have an additional service or benefit. It is the additional satisfaction, which the person receives when an additional service or good is purchased.
So, in this case, Cassie need or require some special fabric which cost her $200 that is the additional amount she need to pay in order to complete the task. But alternatively, she could sell the quilt for $900. Therefore, she had a marginal benefit of $900, if sells the quilt as is now.