Answer: You should wait until the road is straight and completely clear of cars, obstructions, animals, etc before passing.
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Explanation:
Answer:
Financial accounting
Explanation:
The Generally accepted accounting principle (GAAP) is the standard, principles and procedures that accountant must follow or adhere to when compiling financial statements. The major objective of GAAP is to make the accounting process uniform so financial reports are comparable from one company to another.
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
