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BabaBlast [244]
3 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]3 years ago
7 0

Answer:

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

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Rob and Bill.

Explanation:

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You are preparing a presentation on networking for a professional development seminar that your company is hosting for its emplo
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A

Explanation:

Any pattern particularly with audience involvement

Having a friendly audience, any organizational pattern will be appropriate. Using the audience’s familiarity will be to your advantage and that will help you to get them involved with you the presentation. Being warm, pleasant, and open, and using lots of eye contact. Includeing humor and personal experiences in your presentation will make the experience a memorable one.

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2 years ago
I want to take a survey of students at my university to find out what proportion like the new bus service on campus. how many wi
laiz [17]

Answer:

N = 3,120 (Approx)

Explanation:

Given:

z- score for 99% confidence = 2.58

Proportion (P) = 75% = 75 / 100 = 0.75

E = 2% = 0.02

Q = 1 - P = 1 - 0.75 = 0.25

Computation:

N = (Z/E)^2 \times pq

N = (2.58/0.02)^2 \times (0.75 \ times 0.25)

N = (129)^2 \times (0.1875)

N = (16,641) \times (0.1875)

N = 3,120.1875

Therefore, N = 3,120 (Approx).

5 0
3 years ago
Hartong Corporation is contemplating purchasing equipment that would increase sales revenues by $185,000 per year and cash opera
krek1111 [17]

Answer:

The simple rate of return on the investment is closest to: C. 10.6%

Explanation:

In Hartong Corporation:

Increasing net income = Increase sales revenues - Cash operating expenses - Annual depreciation expense = $185,000 - $89,000 - $52,000 = $44,000

This is the net income from the equipment per year

Return on the investment (ROI) is calculated by using following formula:

ROI = (Net income/Cost of investment )x 100%

Cost of investment  = Cost of equipment = $416,000

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8 0
3 years ago
The current sections of Birmingham Inc.’s balance sheets at December 31, 2019 and 2020, are presented here. Birmingham’s net
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Answer:

Net Income 193,000

Non-monetary terms:

Depreciation expense    25,000

amortization expense       10,000

gain on disposal          <u>     (7,000)   </u>

Adjusted Income            221,000

Change in Working Capital:

Increase in A/R        (27,000)

Decreasein Inv          17,000

Increase in Prepaid   (5,000)

Increase Accrued /P   11,000

Decreasein A/P         (6,000)

Change In Working Capital     (10,000)

From Operating Activities    211,000

Investing

Sale of Equipment  47,000

Financing

Bonds Issued   60,000

Cash Flow              318,000

Beginning Cash   99,000

Cash Flow           318,000

Ending Cash        417,000

Explanation:

We first remove the non.monetary concetps from the net income.

Then we adjust for the change in working capital which are the incrase and decrease in the current assets and liabilities account

Increase in asset and decrease in liabilities represent cash outflow

while the opposite is true when an asset decrease(convert to cash) or a liablity increase (delay of the payment)

6 0
3 years ago
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