Answer:
option (c) 9%
Explanation:
Data provided in the question:
current price of outstanding shares = $38.89
Last Dividend paid = $3.50
Marginal tax rate = 34%
Now,
cost of preferred equity = Dividend ÷ Price per share
thus,
cost of preferred equity = $3.50 ÷ $38.89
or
cost of preferred equity = 0.0899
or
cost of preferred equity = 0.0899 × 100%
= 8.99% ≈ 9%
Hence,
The correct answer is option (c) 9%
Answer:
Easy to transfer ownership.
Explanation:
its ownership is easily transferable via the sale of shares of stock.
Answer: $4,950
Explanation:
If the company is using the First In First Out method for Inventory valuation then the earlier inventory is sold off first which would mean that the inventory at year end will be the more recent inventory.
The 25 units at the end of the year will be the most recent units purchased and so will be;
20 units from the third purchase
5 units from the 2nd purchase
Inventory value = (20 * 195) + ( 5 * 210)
= $4,950
<em>The options are not for this question. </em>
Answer:
Business Plan
Explanation:
I hope this is one of the choices!!
Monastery is a non secular community of guys who have given up their possessions to devote themselves to a existence of prayer and worship.
<h3>What do monasteries do?</h3>
A monastery was once a building, or buildings, the place humans lived and worshiped, devoting their time and lifestyles to God. The humans who lived in the monastery were known as monks. The monastery was once self contained, that means the whole lot the monks needed was furnished through the monastery community.
<h3>What religion is a monastery for?</h3>
Monasteries have been a part of many religions, including: Buddhism, Daoism, Judaism, and Christianity. Lao Zi created a personal monastery by living in isolation. The first monastic devotees had been hermits, which ability that they were man or woman spiritual followers who lived in total isolation from all different people.
Learn more about private possessions here:
<h3>
brainly.com/question/26480722</h3><h3>#SPJ4</h3>
