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3 years ago

What is the dividend on an 8 percent preferred stock that currently sells for $45 and has a face value of $50 per share?

Business

1 answer:

topjm [15]3 years ago

7 0

The dividend of a stock would always depend on the face value of the share. Therefore the dividend is calculated by:

Dividend = (Face Value) * (Interest rate)

Dividend = $50 per share * 0.08

Dividend = $4 per share (ANSWER)

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Bren Company sold a car for $17,100. The cost of the car was $37,000 and the depreciation expense was recorded at 10% for five a

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The loss on the disposal of the car is $-16,200.

The first step is to determine the total depreciation on the car.

Depreciation expense = percentage depreciation x cost of the asset

$37,000 x 0.1 = $3700

The second step is to determine the book value of the car = cost of the car - depreciation

$37,000 - $3700 = $33,300.

The book value is greater than the selling price of the car, so there was a loss on the sale. The third step is to determine the gain on the sale.

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A similar question was answered here: brainly.com/question/24357323

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2 years ago

______has an absolute advantage in the production of alfalfa, and_______ has an absolute advantage in the production of barley.

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Answer:

The person with Absolute advantage is the one that produces more of a good than the other.

Dina has an absolute advantage in the production of alfalfa, and Charles has an absolute advantage in the production of barley.

The person with Comparative Advantage is the person who produces something at a lower opportunity cost.

Charles Opportunity Costs

Producing Alfalfa gives 12 bushels per acre instead of 6 bushels for Barley.

Producing 1 Alfalfa means 6/12 = 0.5 bushels Barley is given up

Producing 1 bushel of Barley means 12/6 = 2 bushels Alfalfa is given up.

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Producing Alfalfa gives 15 bushels per acre instead of 5 bushels for Barley.

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Producing 1 bushel of Barley means 15/5 = 3 bushels of Alfalfa is given up.

Charles's opportunity cost of producing 1 bushel of barley is 2 bushels of alfalfa, whereas Dina's opportunity cost of producing 1 bushel of barley is 3 bushels of alfalfa. Because Charles has lower a opportunity cost of producing barley than Dina, Charlie has a comparative advantage in the production of barley, and Dina has a comparative advantage in the production of alfalfa.

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3 years ago

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B) not likely to have jurisdiction over the case because QuickAds is based in Georgia.

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