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Galina-37 [17]
3 years ago
11

Smiling Elephant, Inc., has an issue of preferred stock outstanding that pays a $2.85 dividend every year, in perpetuity. If thi

s issue currently sells for $77.32 per share, what is the required return?
Business
1 answer:
nikdorinn [45]3 years ago
7 0

Answer:

3.69%

Explanation:

The formula to compute the required rate of return is shown below:

=  (Annual dividend per year) ÷ (Current selling price per share) × 100

= ($2.85) ÷ ($77.32) × 100

= 3.69%

We simply divide the annual dividend per year with the current selling price per share and then multiply it by  percentage, so that the required rate of return can come in percentage

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Gabriel had no idea how consumers would respond to a survey about attitudes toward a program opening up space travel to private citizens. He could use a survey with open-ended questions.

Space travel to private citizens:

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2 years ago
luis works as a marketing manager for a consumer products company. he feels strongly about the product lines he manages and is d
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4 0
1 year ago
Angor, a manager at Primely Co., is asked by his manager to rate his subordinates' performances. He needs to rate 30 employees o
kvv77 [185]

Answer:

Leniency

Explanation:

In business, leniency refers to a of mistake that occurred when you do not take instruction from your superior or client too seriously.

Typically, this will resulted in a confrontation since the one who pay for your labors believed that you just take their money without wanting to provide good results.

In the example above, from 30 employees, Angor rate 25 of them with an exact same rating. (8 from possible 1-10). This will most likely occur because Angor did not really use a strong/proper requirements for the scoring.

8 0
3 years ago
Is a product that is commonly used with other products
Galina-37 [17]
Complementary Good is perhaps the answer that you are looking for. For example, eggs and bacon are complementary goods and if the price of one went down then the quantity demanded of both would most likely go up since people tend to eat both together. 
6 0
3 years ago
Quinton had a gross income of $2741.67 during each day period in 2009. If he got paid monthly, how much of his pay was deducted
Ket [755]
2741.67 * 12 = 32900.04  <span>FICA rate is 7.65%  </span><span>32900.04 * .0765 = 2516.85 </span>
3 0
3 years ago
Read 2 more answers
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