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taurus [48]
3 years ago
7

21. Preferred stock pays quarterly dividend of $3 a share. If investors require 12% return on a stock of a similar risk level, w

hat is the price
Business
1 answer:
Pachacha [2.7K]3 years ago
7 0

Answer: $100

Explanation:

A value of a Preferred Stock is calculated like a perpetuity which means that it is derived by dividing the cash-flow by the annual interest rate.

This Stock pays $3 per quarter. It will pay _____ per year;

= $3 * 4

= $12

Value of Preferred Stock = \frac{Annual Cash-flow}{Annual Interest}

= \frac{12}{0.12}

= $100

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Eduardwww [97]

Answer:

20,000

Explanation:

Henry has already received the $10,000 from HJ, It would be considered as a partial withdrawal of his share of profit. His total income should be 20,000 (40,000 x 50%) so the remaining 10,000 of his share of profit may be received by him later on a future date

Henry must report on his Form 1040 from HJ for the tax year = 40,000 x 50%

Henry must report on his Form 1040 from HJ for the tax year = 20,000

3 0
3 years ago
Brad will graduate next year. When he begins working, he plans to deposit $6000 at the end of each year into a retirement accoun
Dovator [93]

Answer:

$92,8571.7937

Explanation:

The computation of the amount after 40 deposits is shown below:

= (((1 + interest rate)^number of years - 1) ÷ interest rate)× principal

= (((1 + 0.06)^40-1) ÷ 0.06) × $6,000

= $92,8571.7937

We simply applied the above formula and the same is to be considered

We considered all the things given in the question

8 0
4 years ago
Gord Larose and his friend David Allan worked in Ottawa at Nortel Networks, a giant telecommunications-equipment maker. One Frid
butalik [34]

Answer:

intrapreneurs

Explanation:

An intrapreneur is an employee who is tasked with developing an innovative idea or project within a company.

An intrapreneur works inside a company to develop an innovative idea or project that will enhance the company's future.

The intrapreneur is generally given autonomy to work on a project that may have a considerable impact on the company. Over time, an intrapreneur may turn into an entrepreneur.

5 0
3 years ago
You have allocated $8,000 for employee training. You have 20 employees and each course costs $200. How many training courses can
Dafna1 [17]

Answer:

B) 2

Explanation:

$8,000 divided by 20 is 400, $400 divided by $200 is 2 courses per employee.

7 0
2 years ago
For the fiscal year 2019, your company has total revenues of $250,000 and total expenses of $213,000. Assets had a book value of
mel-nik [20]

Answer:

Income Statement for the fiscal year ended 2019

Revenue          $250,000

Expenses  $213,000

Net Income  $37,000

Explanation:

The income statement for the year ended 2019 is made by deducting all the total expenses from revenue generated to find net income. The revenue is provided in the question which is $250,000. Total expenses are then presented in the income statement the amount is $213,000, this figure is deducted from revenue which derives the net income figure of $37,000.

6 0
3 years ago
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