Answer:
You should buy more shares
Explanation:
The above-mentioned question is missing few components. I have added them to explain on how the question would be solved if all the variables were provided. Please note the additions in bold text below. The answer of which is given afterwards.
You own 300 shares of Somner Resources' preferred stock, which currently sells for $39 per share and pays annual dividends of $5.50 per share. If the market's required yield on similar shares 12% is percent, should you sell your shares or buy more?
Solution as mentioned below:
First of all we need to calculate value of the preferred stock by dividing the annual dividend per share from the market required rate.
Value of preferred stock = 5.50 / 12%
Value of preferred stock = $45.83
Now given the fact that the current price at which the stocks are sold is $39 which is less than the price at which they are actually valued which is $45.83. You should buy more of the shares as they are currently undervalued.
Answer:
The correct answer is letter "D": As a co-signer, you open an account and an adult signs on with you; as an authorized user, you are added to someone’s existing account
Explanation:
Co-signers are individuals that could help others to open a credit card account in case that person does not meet specific credit history requirements but the credit card issuer. Co-signers must be 21 years old. Authorized users are added to the account to request information, change it, or make payments.
Answer:
False
Explanation:
There are 3 main decision making styles that most of us have regarding our normal day to day activities that includes our work and our personal lives, e.g. families and individual decisions. They are consumer, business, and personal decision making styles.
But managers, and specially true leaders have it a little more complicated. The four main decision making styles that apply to leaders are:
- directive: type of autocratic leadership where the leader decides everything by himself/herself
- conceptual: look for different alternatives and analyze each one of them
- consultative: seek advice from colleagues and subordinates, but the leader makes the decision
- consensus: seek advice from others and decisions are made by the group
The second part of the question is true; this leadership styles vary across countries, occupations and job levels.
Answer:
Amount paid in;
Bonuses to employees = $5,150
State tax = $5,150
Federal tax = $41,200
Explanation:
The bonus paid to employees, federal tax and state tax are all a percentage of the profit made by the company.
The amount of each of these elements may be computed by applying the applicable percentage on the profit made by the company before any of these deductions.
amounts paid in;
bonuses = 5% * $103,000
= $5,150
state tax = 5% * $103,000
= $5,150
and
federal tax = 40% * $103,000
= $41,200
Answer:
Dog Collar 10,000 units
Cat Collar 15,000 units
Explanation:
We have only constraint of 2,000 hours on the cutting machine.
First we will calculate the Contribution margin per hour
Contribution margin per hour = Contribution margin per unit / Numbers of hours required per unit
Dog Collar = $10 / (6/60)hours = 10 / 0.1 = $100 per hour
Cat Collar = $8 / (4/60) hours = $120 per hour
Pets Inc. will make Cat collar more than dog
Hours required for 15,000 unit of Cat Collar = 15000 x 4 / 60 = 1,000 hours
Hours for Dog Collars = 2,000 - 1000 = 1000 hour
Unit of Dog Collar = 1000 hours / (6/60) = 10,000 units
