Answer:
The value of Edinburgh’s preferred stock is $74.63
Explanation:
Preferred dividend are the fix amount payment which represents the perpetuity, the company can repurchase the preferred share as it is callable.
Dividend = $100 x 8% = $8
Price of Preferred Share = Dividend / Rate of return
Price of Preferred Share = $8 / 10.72%
Price of Preferred Share = $8 / 0.1072
Price of Preferred Share = $74.63
1 is because puppies are just the cuties thing ever.Also because animals are really sweet to human and they provide happiness and love so I would do the same for them plus I love to help all living thing
Answer:
Transactional broker
Explanation:
Transaction brokers are real estate professionals that offers their services to buyers and sellers, also are called facilitators.
They act in a neutral capacity as they are not agents of the buyer and seller. Instead they act as mediators between the two when transaction is taking place.
Not all states allow such non-agency practices of transaction brokers.
Transaction brokers usually handle details like preparing an offer, determine market price, and writing of contract to buy or sell. They do not get involved in negotiations
Answer:
(a) Total amount paid -$3000 will be recognized immediately as an expense.
(b) Only two month advertising expenses will be recognized as expense i.e $600 while the balance will be recorded as prepayment under current asset.
Explanation:
Monthly advertising expenses = 3,000/10
= $300
(a) Under Cash basis, the total amount paid in advance (i.e $3000) will be recognized as being expenses immediately.
(b) Under accrual basis, only two month advertising expenses already consumed will be recognized as an expense immediately while the remaining 8 months balance yet to be utilized ( $2400) will be accounted for as prepayment under current asset in the statement of financial position (i.e it will be deferred)
Employees who are paid a set annual wage regardless of the number of hours worked or the amount of work completed are paid on a(n) salary basis.