The correct answer is net income.
Savings should be treated as another type of NET INCOME.
Net income is termed as the amount of earning which is remains after all the deductions have been made from the sales.
The amount of profit which is final.
Answer:
True (T)
Explanation:
In the given statement, it can be inferred that the membership of segments have a common goals. This means that the constituents of the segments would definitely give either positive or negative comments in reference to the marketing mixes and the outcomes that are created by the marketing mixes. Therefore, the given statement is true.
Answer:
The firm's cost of preferred stock is 9.10%
Explanation:
The cost of preferred stock with the flotation of 5% would be the dividend payable by the preferred stock divided by the adjusted current market price(adjusted for flotation cost)
The dividend per year is $8
The adjusted price of the stock=$92.50*(1-f)
where f is the flotation cost in percentage terms i.e 5%
adjusted price of the stock is =$92.50*(1-5%)=$ 87.88
Cost of preferred stock=$8/$87.88*100 = 9.10%