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tester [92]
3 years ago
14

Torch Industries can issue perpetual preferred stock at a price of $58.50 a share. The stock would pay a constant annual dividen

d of $7.00 a share. What is the company's cost of preferred stock, rp
Business
1 answer:
Snezhnost [94]3 years ago
3 0

Answer:

11.96%

Explanation:

Calculation for Torch Industries company's cost of preferred stock,

Using this formula

Cost of preferred stock = Dividend / Stock Price * 100

Where:

Dividend =$7.00

Stock Price = $58,50

Hence,

= $7 / $58.50 * 100

= 11.96%

Therefore the company's cost of preferred stock will be 11.96%

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What type of lien can be placed on homeowners who do not pay their home association fees? A security bail bond lien An HOA lien
klio [65]

Answer: HOA lien

Explanation:

Homeowners associations (HOAs) are in charge of different operational and maintenance duties associated with a neighborhood or building. Homeowners associations are financed by dues from the homeowner members.

In a situation whereby the homeowners members delay their dues or does not pay their dues, Homeowners associations can place liens on the homes of their members. A lien is a legal hold on a property.

5 0
3 years ago
In a judicial foreclosure, how long does the borrower’s redemption period last if a deficiency judgment isn’t being sought?
aniked [119]

There is no redemption period if the lender is not pursuing a deficiency judgment.

A judicial foreclosure permits the lender to get a deficiency judgment against the borrower. However, the homeowner has the “proper of redemption,” which lets him or her shop for the home returned from the hit bidder on the auction for 12 months after the sale.

In a judicial foreclosures state, the lender has to report a lawsuit in a courtroom in an effort to foreclose. In a nonjudicial foreclosure nation, the lender can foreclose without going through the court docket system. either way, the very last step within the foreclosure process is a foreclosure sale.

Redemption is a period after your home has already been sold at a foreclosure sale when you may nonetheless reclaim your private home. You may want to pay the high-quality mortgage stability and all fees incurred during the foreclosures system.

Learn more about foreclosures here brainly.com/question/15182362

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6 0
2 years ago
PLEASE ANSWER
MaRussiya [10]

Answer:

C.

Explanation:

Collateral consequences are legal and regulatory restrictions that limit or prohibit people convicted of crimes from accessing employment, business and occupational licensing, housing, voting, education, and other rights, benefits, and opportunities.

In this scenario, the clerk cannot get a job anymore after he stole credit card information. He cannot be trusted anymore due to his actions.

4 0
1 year ago
The Anazi Leather Company manufactures leather handbags (H) and moccasins (M). The company has been using the factory overhead r
Aliun [14]

Answer:

The amount of factory overhead to be allocated to each unit using direct labor hours.

Handbag =  $4.3 / unit

Moccasins =  $2.55 / unit

Explanation:

Predetermined Overheads rate

Cutting  = 80,000 / 100,000 = $0.8 / labor hour

Sewing  = 280,000 / 160,000 = $1.75 / labor hour

Overheads Allocation

Handbag

Cutting = 1 x 0.8 = $0.8

Sewing = 2 x 1.75 = $3.5

Total Per unit overhead allocation = 0.8+3.5 = $4.3 / unit

Moccasins

Cutting = 1 x 0.8 = $0.8

Sewing = 1 x 1.75 = $1.75

Total Per unit overhead allocation = 0.8+1.75 = $2.55 / unit

4 0
3 years ago
The government of India has made killing Bengal tigers illegal, but poaching continues. In the list below, indicate which statem
Blizzard [7]

Answer: A, C and D.

Explanation:

With the options given above, options A, C and D are reasons why the ban on killing Bengal tigers hasn't been successful. When the punishment for killing Bengal tigers is not severe, people won't mind killing the tigers since they know they won't be severely punished for their action. Also, when the enforcement of the poaching law is weak and the potential profit from the illegal poaching is higher than the risk of getting caught, people will continue to kill the tigers.

For the law to be effective, there must be strict punishment for people who go against the law made.

6 0
3 years ago
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