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AleksandrR [38]
3 years ago
11

Wd-40, inc. markets only one product, its namesake chemical lubricant. the company offers the product in several different conta

iner sizes: smaller ones for household use, and larger ones for industrial use. wd-40 would be considered as having a
Business
1 answer:
Genrish500 [490]3 years ago
5 0

WD-40 is considered as having a narrow product mix. Product mix is also known as product assortment. Product mix means the variety and number of product lines the company or business is offering. Product mix is to be improved from time to time as customer changes it needs, so product managers shall create new product lines that meet the needs of the clients.  

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3 years ago
A company recently issued 9% preferred stock. The preferred stock sold for $40 a share with a par of $20. The cost of issuing th
Westkost [7]

Answer:

The company's cost of preferred stock is 5.1%

Explanation:

In order to find the cost  of the preferred stock we will need to divide the dividend the company pays on it by the net amount that the company is receiving for selling it.

In order to find the dividend we will multiply 9% by the par value of 20

Dividend = 0.09*20=1.8

Now we need to find the net amount the company receives for selling the preferred stock.

The company sells the stock for $40 but also has a issuing cost of $5, so in order to find the net amount we will subtract the cost from the price.

40-5= 35

35 is the net amount the company receives.

Now we will divide the the dividend 1.8 by the net amount 35

1.8/35=0.051

=5.1%

The company's cost of preferred stock is 5.1%

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Give the meaning and nature of Foreign direct Investmen.​
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