The appropriate response is sales revenue. Revenue is the measure of cash that an organization really gets amid a particular period, including rebates and conclusions for returned stock. It is the "best line" or "gross pay" figure from which costs are subtracted to decide net salary.
Process of elimination:
Flexibility is a characteristic because entrepreneurs are designing their own path (path being vague for whatever their entrepreneurship is focused on), allowing for flexibility
Risk is a characteristic because being on your own and doing your own thing is much more unstable than simply working for a well-founded company
Innovation is a characteristic, because the flexibility that comes from being an entrepreneur allows for freedom of ones own ideas, making innovation more likely.
Profit is not a particular characteristic, due to the risk factor.
Profit is the right answer :D
The answer is b) white or light colored
Answer: 8.05%
Explanation:
From the question, we are informed that Holdup bank has an issue of prefered stock witha stated dividend of $7 that just sold for $87 per share.
The banks cost of prefered will be:
= Dividend / Stock value
= 7/87
= 0.0805
= 8.05%
