Answer:
= 3.72%
Explanation:
We know,
The price of a preferred stock is calculated by dividing the dividends from preferred stock by the required rate of return of preference share. Assuming the stock is growing constantly.
The formula to calculate -
Price of preferred stock = Dividend from preferred stock ÷ required rate of return
Given,
Dividend from preferred stock = $3.35
Price of preferred stock = $90
Therefore,
$90 = $3.35 ÷ 
or,
= $3.35 ÷ $90
or,
= 0.0372
Hence,
= 3.72%
The required return = 3.72%
Answer:
E.inefficient producing divisions could pass on their inefficiencies to buying divisions in the transfer price.
Explanation:
The transfer price refers to that price in which the one firm is charging the prices from the other firm with respect to the service rendered. It is based on price charged in the market
To find out the transfer price we considered the standard cost instead of the actual cost as the divisions may be have more actual cost as compare to the standard cost which resulted into the inefficiency that impact the buying based on the transfer price
Answer:
M3 (Broad Money)
M3 = M1 + Time deposits with commercial banks (Fixed deposits, Recurring deposits). MIND IT: M3= M1+time and NOT M3=M2+time.
Answer:
Estimated Income Statements, using Absorption and Variable Costing Prior to the first month of operations ending October 31, Marshall Inc. estimated the following operating results:
Sales (21,600 x $75) $1,620,000
Manufacturing costs (21,600 units):
Direct materials 984,960
Direct labor 233,280
Variable factory overhead 108,000
Fixed factory overhead 129,600
Fixed selling and administrative expenses 35,300
Variable selling and administrative expenses 42,600 .
Explanation:
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