I think the correct answer from the choices listed above is the last option. A process cost system would be more appropriate for a shampoo manufacturer. <span> A </span>process costing system<span> is used by companies that produce similar or identical units of product in batches employing a consistent process. Hope this answers the question.</span>
Answer: 11.978%
Explanation:
From the question, we are informed that the 10.9 percent preferred stock of Rock Bottom Floors is selling for $91 a share. We are further informed that the tax rate is 44 percent and the par value per share is $100.
The firm's cost of preferred stock will be 10.9% multiplied by the par value per share and then divided by the share price of $91. This will be:
= (10.9% × 100)/91
= (0.109 × 100)/91
= 10.9/91
= 0.11978
= 11.978%
<em>To recognize a transaction on an account. For example, if one writes a check for $100 and $100 is deducted from that account three days later, the transaction is set to post on the third day.</em>
<span>A nation seeking to escalate its overall productivity might
be best assisted by investing money into technology. Developments and advances
in technology which interprets into a more productive economic activity as
creation and delivery of goods and services are improved.</span>
