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BabaBlast [244]
2 years ago
11

Maynard Inc. preferred stock pays an annual dividend of $7 per share. Which of the following statements is true for an investor

with a required return of 9%?A) The value of the preferred stock is $77.78 per share.B) The value of the preferred stock is $7 because the dividend is fixed at $7 each year .C) The value of the preferred stock is $63.00 per share.D) The value of the preferred stock is $6.30 per share because of the 9% required return.
Business
1 answer:
Feliz [49]2 years ago
7 0

Answer:

A. The value of the preferred stock is $77.78 per share

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There is a 3 percent defect rate at a specific point in a production process. If an inspector is placed at this point, all the d
yKpoI14uk [10]

Answer:

1a. $2.67 cost per unit

1b. $0.3 cost per unit

1c. Yes

Explanation:

1a. Calculation for what will be the inspection cost per unit If an inspector is hired

The following details were given in the question.

Defective average =3/100= 0.03

inspection rate = 30 per hour

Cost of inspector = 8 per hour

Correction cost = $10 each

Using this formula

Hired inspector =Cost per hour/Current production rate per hour

Let plug in the formula

Hired inspector=8 per hour/30 rate per hour

Hired inspector =0.267×100

Hired inspector=$2.67 cost per unit

1b. Calculation for what will be the defective cost per unit If an inspector is not hired

Using this Formula

No inspector=Defect rate %/Cost per defective

Let plug in the formula

No inspector= 3/100×$10

No inspector= $0.3 cost per unit

1c. Based on the above calculation the inspector should be hired.

8 0
2 years ago
A coalition is best defined as a group of two or more individuals who combine their resources to affect the decision outcome of
Rina8888 [55]

Answer: obtain verbal commitments, as people often feel obligated to follow through with promises they make with others.

Explanation:

A coalition involves two groups of people coming together to join resources and ideas to achieve a common goal.

A form of agreement should be done before undergoing a coalition: The agreement which could be verbal or written is done to give the parties to the coalition a form of commitment to it.

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The overhead volume variance relates only to
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D fixed overhead cost
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. Describe two things you can do to make sure you use credit responsibly. Explain why these things are important.
crimeas [40]
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- Never carry a balance: make paying with cash your first method of payment
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3 years ago
Orange manufactures orange juice. last month's total manufacturing costs for the operation included:_______
Black_prince [1.1K]

Orange manufactures orange juice. final month's overall production costs for the operation covered: Direct exertions, production overhead, and conversion fees.

Manufacturers are described because of the creation of recent merchandise, either from raw materials or components. Examples of products include car companies, bakeries, shoemakers, and tailors, as all of them create products, as opposed to presenting offerings.

Manufacturers are the making of products by means of hand or via gadgets that upon finishing touch the business sells to a customer. items utilized in manufacture may be raw substances or component components of a larger product. the production generally takes place on a massive-scale production line of equipment and professional exertions.

A manufacturer is any enterprise that produces completed items from uncooked substances. They sell these items to clients, wholesalers, distributors, shops, and different manufacturers trying to create more complicated gadgets. manufacturers typically persist with one form of the product.

Learn more about manufacturers here: brainly.com/question/26320301

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