Who cailmed that there has never been, nor ever will be , a people who are poltical ignrant and free?

The ZZZ Corporation has preferred stock. The preferred stock pays a dividend per share every year of $6.50. The stock sells for

defon

Answer:

True

Explanation:

The statement is true because according to dividend growth method the price of the given preferred stock is $81.25.

Formula to calculate the prce of share using Dividend growth method is

Price of share = D0 / (Rate of return - Growth rate)

In case of preferred stock a stable dividend is paid and there is no growth in the dividend payment.

so

Price of share = D0 / (Rate of return - 0)

Price of share = D0 / Rate of return

Share price = $6.5 / 0.08

Share Price = $81.25

8 0

3 years ago

Read 2 more answers

Suppose the price of apples doubles to $3.00 between year 1 and year 2 but that nothing else in the economy changes Instructions

Bond [772]

Answer:

1. Suppose Quantity of Apple sold in year one & two = 100Kg.

Price in year 1 = $1.50 per kg

Price in year 2 = $3.00 per kg

Nominal GDP 1 = Price * Quantity = 1.50*100 = $150

Nominal GDP year 2 = 3*100 = $300

Change in Nominal GDP = $150

Percentage change in Nominal GDP = 100%

b. Real GDP of year 1 = Nominal GDP of year 1 = $150

Real GDP of year 2 = 1.50*100 = $150

Change in Real GDP = 0%

2. Quantity of Bread = 100 units price = $ 1 per unit, year 2 price = $ 2 per units

a. Nominal GDP year 1 = 1*100+1.5*100 = $250

Nominal GDP year 2 = 2*100+3*100 = $500

Percentage change in Nominal GDP = 500-250/500 * 100 = 100%

b. Real GDP year 1 = $250

Real GDP year 2 = 1*100 + 1.5*100 = $250

Percentage change in Real GDP = 0%

6 0

2 years ago

Why are closing costs a one time fee?

mart [117]

The answer to this question is letter D. The closing costs cover titles, taxes, and realtor costs. After closing, the only monetary obligation is to the lending party.

Closing costs are fees paid at the closing of a real estate transaction. It is called the closing when the title to the property is conveyed to the buyer. Closing costs then are incurred by the buyer or the seller, either of the two.

5 0

3 years ago

Tierney Construction, Inc. recently lost a portion of its financial records in an office theft. The following accounting informa

defon

Answer:

$28,675 = direct materials used

Explanation:

To calculate the direct material used, we need to use the following formula:

Cost of goods manufactured= beginning WIP + direct materials used + direct labor + allocated manufacturing overhead - Ending WIP

112,450= 23,600 + direct materials used + (22,550*2.5) + 22,550 - 18,750

112,450 - 23,600 - 56,375 - 22,550 + 18,750 = direct materials used

$28,675 = direct materials used

3 0

3 years ago

When researchers calculate a basketball star's net worth they are measuring the star's _____.

polet [3.4K]

The answer is letter b, income and the wealth. The net worth is a way of having to measure the over all asset of the individual in which his or her income as well as his or her wealth that he or she has or acquires. The answer is letter b.

6 0

3 years ago