1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
expeople1 [14]
3 years ago
9

Bedeker, Inc., has an issue of preferred stock outstanding that pays a $5.55 dividend every year in perpetuity. If this issue cu

rrently sells for $92 per share, what is the required return? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)
Business
1 answer:
Lena [83]3 years ago
7 0

Answer:

6.03%

Explanation:

The computation of the required rate of return is shown below:

Required rate of return = Annual preference dividend ÷ expected sale price

= $5.55 ÷ $92

= 6.03%

By dividing the annual preference dividend by the expected sale price we can get the required rate of return and the same is shown above

Hence, the required rate of return is 6.03%

You might be interested in
The economy of a country has shown signs of overheating, such as high inflation rates. The government decides to implement fisca
hichkok12 [17]
The answer is increas taxes think bout it' if u decrease it would make it worse
7 0
3 years ago
Select the correct text in the passage.
AfilCa [17]

Answer:   I heard its the second option, I cannot verify that. But i do have the awnsers to every question for the final in Entrepreneruship, Its on quizlet labeled Entrepreneurship. 37 terms.

Explanation:

5 0
2 years ago
Question 4 Ivanhoe Company reports the following information (in millions) during a recent year: net sales, $10,794.0; net earni
Inga [223]

Answer:

ROA = 0.08 or 8%

Asset turnover = 2.4

Profit Margin = 0.033 OR 3.3%

Explanation:

All of the above requirements can be calculated as follows according to  their formula

Working

Average asset = (Assets at beginning + assets at end )/ 2

Average assets = (4025 + 4970 )/ 2

Average assets = $4497.5

Requirement A. Return on assets

ROA = Net Income / Average assets

ROA = $359.8 / $4497.5(w)

ROA = 0.08 or 8%

Requirement 2 Asset turnover

Asset turnover = Net Sales / Average assets

Asset turnover = $10,794 / $4497.5

Asset turnover = 2.4

Requirement 3 Profit Margin

Profit margin = Net income / Net sales

Profit margin = $359.8/$10,794

Profit Margin = 0.033 OR 3.3%

3 0
3 years ago
Under purchasing power parity, the future spot exchange rate is a function of the initial spot rate in equilibrium and a. the in
kirza4 [7]

Answer:

The correct answer is a) the inflation differential.

Explanation:

Inflation differential is the difference we can find between two countries in exchange rates. The inflation differential can produce losses for the company if, in the country you want to buy, there is a big difference in your exchange rate, since this raises the prices of the product. As a result, the company has a loss; it can also happen if It is a case of exports.

If the inflation differential is maintained for an extended period, it can cause loss of competitiveness, since the profit margin of the products would be affected.

<em>I hope this information can help you.</em>

6 0
3 years ago
Chase lives in Oregon but works for a company that is located in Florida. What business trend is this an example of?
sveticcg [70]
Well, I am going to assume that the business trend this is an example of is A. remote workforce.
Given that this person lives in a different part of the country than his company is located in, he is working from a remote location. The other options don't make much sense here. Social responsibility means that you have to behave according to the society's rules. Digital marketing is a way of marketing online. Green business has to do with nature.
6 0
3 years ago
Read 2 more answers
Other questions:
  • Although Joanna expects much from her employees, the people that work for Joanna identify with her values, like her, and respect
    6·1 answer
  • Beatty, Inc. acquires 100% of the voting stock of Gataux Company on January 1, 2012 for $500,000 cash. A contingent payment of $
    11·2 answers
  • The stock of Wheel Corporation, a U.S. company, is publicly traded, with no single shareholder owning more than 5 percent of its
    15·1 answer
  • A(n) ________ is an early user of a firm's product who is willing to give a testimonial regarding his or her experience with the
    13·1 answer
  • Why would you need an EPLS and where do you find one?
    7·1 answer
  • Atlantic Corporation reported the following amounts at the end of the first year of operations: contributed capital $100,000; sa
    13·1 answer
  • Shelby's new job with the federal government provides a comfortable income and a fairly stable income. she would like to buy a n
    6·1 answer
  • A teenager learning about computers and programming for the first time writes a simple program meant to disrupt the function of
    9·1 answer
  • What is one thing you can do to help remember a new business contact? Write _______ on the back of his or her business card. A.
    15·2 answers
  • British economist David Ricardo argued that states should trade based on their _____, whereby each state produces and exports th
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!