Answer:
the increase in additional paid in capital is $13,000
Explanation:
The computation of the increase in additional paid in capital is shown below:
= (Average price per share - par value of shares) × number of shares
= ($21 - $8) × 1,000
= $13 × 1,000
= $13,000
hence, the increase in additional paid in capital is $13,000
Answer: $76.92
Explanation:
From the question, Zylo inc preferred stock pays a 7.50 annual dividend, the maximum price that will be willing to be paid for one share of this stock today if the required return is 9.75% will be calculated as:
= Dividend / Required return
= $7.50 / 9.75%
= $7.50/0.0975
= $76.92
The maximum price willing to be paid is $76.92.
Answer:
Unemployment rate= 0.13= 13%
Explanation:
Giving the following information:
Of these 95 individuals, 75 are in the labor force and 65 are employed.
<u>To calculate the unemployment rate, we need to use the following formula:</u>
<u></u>
Unemployment rate= unmeployed population / labor force
Unemployment rate= 10/75
Unemployment rate= 0.13
