Answer:
Component cost of preferred stock is 11.4583 %
Explanation:
Given Data:
Preferred stock selling=96 percent of par.
Annual Coupon =11 percent
Required:
What would be Marme’s component cost of preferred stock?
Solution:
The formula we are going to use is:
Where:
is 11 percent annual coupon
preferred stock selling for 96 percent of par
If we convert the above percentage to dollar using the scale $1=1% then:
=$11
=$96
Component cost of preferred stock is 11.4583 %
Answer:
the answer is a
Explanation:
i just took the usatestprep
Alternative workplaces are intended to enhance employee motivation and performance.
<h3>What is alternative workplace?</h3>
Alternative workplace are provisions made b a company to its employees, to carryout their routine duties other than their normal offices. This tends to give freedoms to workers in carrying out their duties.
The purpose of alternative workplace is to break the bond between workplace and work performance.
Hence, alternative workplaces are intended to enhance employee motivation and performance.
Learn more about alternative workplace here : brainly.com/question/20412413
Answer:
Break-even point in units= 450,000 units
Explanation:
Giving the following information:
Desired profit= $250,000
Sales price is $9
Unitary variable cost= $8
Total fixed costs are $200000
To determine the number of units required, we need to use the break-even point formula, including the desired profit.
Break-even point in units= (fixed costs + desired profit) / contribution margin per unit
Break-even point in units= (200,000 + 250,000) / ( 9 - 8)
Break-even point in units= 450,000 units
