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To solve:
Percentage of preferred stock outstanding = 5.5%
Price per share = $48
Price of preferred stock = (.055 x $100)/$48
Price of preferred stock = .1146
To turn into a percentage:
% = (.1146)(100)
11.46%
Answer:
In QuickBooks Online Accountant, users with admin access and Firm Owners and have the authority to access of other users in the firm. The 3 levels of access that can be granted to Team users of QuickBooks Online Accountant are:
- <u>Full
:</u> these users have access to accounting features, and books such as edit, remove and add users.
- <u>Basic
:</u> These users have access to create and read accounting.
- <u>Custom:</u> These users can access administrative functions for the firm
, access to manage clients and access to client QuickBooks
.
From a company's viewpoint, the existence of an active, liquid, well-organized market in existing shares A. facilitates the raising of further capital in the secondary market.
<h3>What is a secondary market?</h3>
A secondary market is a securities market for the exchange of securities and assets among investors rather than with the issuing entities.
The types of secondary markets include:
- Over-The-Counter Markets
- Stock Exchanges
- Auction markets
- Dealer markets.
<h3>Answer Options:</h3>
A. facilitates the raising of further capital in the secondary market.
B. maintains the share price above the initial issue price.
C. encourages successful primary market issues.
D. is of little or no consequence.
Thus, from a company's viewpoint, the existence of an active, liquid, well-organized market in existing shares A. facilitates the raising of further capital in the secondary market.
Learn more about secondary markets at brainly.com/question/14484986
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