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Marina CMI [18]
3 years ago
10

The CAPM/SML and Discounted Cash Flow approaches to estimating the cost of retained earnings will be the same under which of the

following conditions?
(A) The company's common stock price is in equilibrium.
(B) The company's preferred stock price is in equilibrium.
(C) The company's common stock is undervalued.
(D) None of the above.
Business
1 answer:
ValentinkaMS [17]3 years ago
8 0

Answer

(A) The company's common stock price is in equilibrium.

Explanation  

The main difference between preferred and common stock is that preferred stock gives no voting rights to shareholders while common stock does. Preferred shareholders have priority over a company's income, meaning they are paid dividends before common shareholders.

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Answer:

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Explanation:

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When job 117 was completed, direct materials totaled $4,400; direct labor, $5,600; and factory overhead, $2,400. a total of 1,00
Viefleur [7K]
To solve: add up all in the labor costs and then divide by the number of units produced to get the per unit cost of the labor.

<span>Direct materials = $4,400
Direct labor = $5,600
Factory overhead = $2,400
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Per unit cost = $12.40</span>
4 0
3 years ago
The adjusted trial balance of Blossom Company at December 31, 2019, includes the following accounts: Common Stock $17,200, Divid
kap26 [50]

Answer:

Explanation:

Before preparing the retained earning statement, first we have to compute the closing balance of retained earning which is shown below:

The ending balance of retained earning = Beginning balance of retained earnings + net income - dividend paid

= $7,900 + $13,500 - $7,000

= $14,400

The statement of retained earnings is presented in the spreadsheet. Kindly find the attachment below:

4 0
3 years ago
When Ned’s car breaks down, he asks Insta-Tow, Inc., to tow it to Jerry’s Repair Shop. There is no discussion of a price, and Ne
Illusion [34]

Answer:

The correct answer is b. an implied contract.

Explanation:

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