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dolphi86 [110]
3 years ago
7

A share of​ 5% preferred stock has a par value of $ 60 and market value of $ 80. The owners of the preferred stock will receive

a cash dividend​ of: (Round your answer to the nearest​ cent.)
Business
1 answer:
S_A_V [24]3 years ago
5 0

Answer:

$3 per share

Explanation:

The computation of the cash dividend received is shown below:

The Cash dividend received = Par value × preferred stock dividend rate

                                        = $60 × 5%

                                       = $3 per share

Simply we multiply the par value with the preferred stock dividend rate so that the dividend per share could be computed

All other information which is given is not relevant. Hence, ignored it

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The Outlet needs to raise $3.2 million for an expansion project. The firm wants to raise this money by selling zero coupon bonds
Pani-rosa [81]

Answer:

14,783.33 bonds

Explanation:

Given

Par value FV = $1000

n =20 * 2 =40

R= 7.80/2 = 3.90%

Price per bond:

price per bond :PV = \frac{FV/}{(1+r)^n}

     = \frac{000}{(1+0.039)^{40}}

      = \frac{1000}{4.619786467}

      = 216.46

No. of bonds to be issued = \frac{amount to raise}{ price per bond}

                                           = \frac{3,200,000}{216.46}  

                                            = 14,783.33 bonds

3 0
4 years ago
Snow blowers are sold in areas where there is a longer cold season and the likelihood of snow. the consumer market for snow blow
iVinArrow [24]

The answer to this question is an example of geographic segmentation. Geographic segmentation is dividing the market or consumers depending on the location or geography. This kind of marketing strategy is often used by small businesses Geographic segmentation is segmenting the market thru cities, country, and regions.

5 0
4 years ago
The owner of ProPhone has charted the company's marginal revenue and marginal cost for its latest line of smartphones, the Blaze
Tom [10]

Answer:

make some profit

Explanation:

if ProPhone sells 4 blazer phones, its marginal revenue = $120, while its marginal cost = $50

That means that the company is making some profit.

  • total revenue = $600
  • their total costs = $340
  • net profit = $260

In order for the company to maximize its profits, their marginal revenue = marginal cost.

5 0
4 years ago
A manufacturing firm is considering two locations for a plant to produce a new product. The two locations have fixed and variabl
SSSSS [86.1K]

Answer:

The total annual cost at point of indifference will be $380000

Explanation:

The point of indifference is a point where both the options will have equal annual cost and the firm will be indifferent in choosing both the options. To calculate the total cost at the point of indifference, we first need to equate both the cost equations to calculate the point of indifference in units and then calculate the cost at that point.

Let x be the number of units.

The total cost for Atlanta = 20x + 80000

The total cost for Phoenix = 16x + 140000

The point of indifference in units will be,

20x + 80000 = 16x + 140000

20x - 16x  =  140000 - 80000

4x = 60000

x = 60000 / 4

x = 15000 units

The total cost at point of indifference will be = 20*(15000) + 80000 = $38000

This can be verified as = 16 * (15000) + 140000 = $380000

3 0
4 years ago
A cosmetics maker changes the packaging for its lip gloss from a jar to a tube. This is an example of which product expansion st
nalin [4]

Answer:

Product modification

Explanation:

Product modification means changing something about the product itself- in this case the type of container it comes it. Line extension would mean creating <em>new </em>products, not changing existing ones.

8 0
3 years ago
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