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antiseptic1488 [7]
4 years ago
7

Fee Founders has perpetual preferred stock outstanding that sells for $60 a share and pays a dividend of $5 at the end of each y

ear. What is the required rate of return?
Business
1 answer:
borishaifa [10]4 years ago
5 0

Answer:

8.33%

Explanation:

The required rate of return of the Preferred stock which the Fee Founders has shall be determined through following mentioned formula:

r=d/p

Applying the data from the given question in the above mentioned formula

r=required rate of return=?

d=dividend paid per share=$5

p=price of preferred stock=$60

r=5/60=8.33%=required rate of return

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Cobble Corporation produces and sells a single product. Data concerning that product appear below: Fixed expenses are $499,000 p
kupik [55]

Answer:

b. decrease of $8,900

Explanation:

the sales price and variable costs are missing, so I looked them up:

sales price = $160

variable costs = $48

current operating income:

sales revenue $800,000

variable costs <u>($240,000)</u>

contribution margin $560,000

fixed costs <u>($499,000)</u>

operating income $61,000

if the company follows the marketing manager's plan:

sales revenue $867,300

variable costs <u>($283,200)</u>

contribution margin $584,100

fixed costs <u>($532,000)</u>

operating income $52,100

operating income will decrease by $61,000 - $52,100 = $8,900

6 0
4 years ago
Deciding how to make the best use of limited resources to satisfy virtually unlimited wants is known in economics as.
mel-nik [20]

Deciding how to make the best use of limited resources to satisfy virtually unlimited wants is known in economics as economizing behavior.

<h3>What is Economics?</h3>

Economics is a social science that examines the decisions that people, businesses, governments, and nations make regarding the distribution and consumption of products and services.

Economics is the study of how individuals divide up finite resources between individual and group uses for production, distribution, and consumption.

Economics has two subfields: macroeconomics and microeconomics. Efficiency in exchange and production is the main focus of economics. Both the Consumer Price Index (CPI) and the Gross Domestic Product (GDP) are frequently used economic statistics.

To spot prospective trends or predict the future of the economy, economists use economic indicators like the GDP and the consumer price index.

To know more about Economics, visit

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7 0
2 years ago
How did railroad technology improve profits for companies? . . . a. It resulted in faster and cheaper long-distance shipping.. b
labwork [276]
It resulted in faster and cheaper long distance shipping and this was the way the railroad technology helped to improve profits for companies. The correct option among all the options that are given in the question is the first option or option "a". I hope it helped you.
4 0
3 years ago
Read 2 more answers
A company that sells multiple types of products has a selling price per composite unit of $150, variable cost per composite unit
olganol [36]

Answer:

See below

Explanation:

With regards to the above information, the contribution margin is computed as seen below.

Contribution margin per composite unit = Selling price per composite unit - Variable cost per composite unit

= $150 - $50

= $100

Hence, the contribution margin per composite unit is $100

3 0
3 years ago
Htc started as an original equipment manufacturing firm (oem) for brand-name mobile device companies. later, it started offering
Hunter-Best [27]

Answer:

Forward vertical integration

Explanation:

Forward vertical integration is a type of strategic move that consists in acquiring a firm that was either a supplier, or a potential supplier.

In this case, Htc acquired a design firm that was probably part of its supply chain before (providing the design for the smartphones). In this way, htc has become more competitive because it now has merged the process of manufacturing and design under its control.

5 0
3 years ago
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