The cost of equity is 13.95%.
<h3>What is stock?</h3>
- Stock (sometimes known as capital stock) in the financial industry refers to the shares into which ownership of a corporation or company is divided.
- A single share of stock represents a fractional ownership interest in the company based on the total number of shares.
- The shareholder (stockholder) will then typically be entitled to that portion of the company's earnings, proceeds from the sale of company assets (after paying off all senior claims such as secured and unsecured debt), or voting rights, with these rights frequently being distributed in proportion to the amount of money each stockholder has invested.
<h3>What is Share?</h3>
- A share is a unit used in mutual funds, limited partnerships, and real estate investment trusts in the financial markets.
- Share capital is the collective term for an organization's shares.
- A shareholder (or stockholder) of a corporation is someone who owns shares in that company.
- A share is an undividendable piece of capital that expresses the shareholder's ownership of the company.
Learn more about Share here:
brainly.com/question/13931207
#SPJ4
The predetermined overhead allocation rate for the year is $29.40
The predetermined overhead allocation rate is referred to as the allocation rate that is used in the application of the estimated cost of manufacturing overhead to the job orders or products.
From the complete question, the predetermined overhead allocation rate will be calculated thus:
= Estimated manufacturing overhead / Estimated direct labor hours
= $105840 / 3600
= $29.40
Therefore, the predetermined overhead allocation rate is $29.40.
Read related link on:
brainly.com/question/24848893
Answer: Corporate charter
Explanation:
The corporate charter is also referred to as the articles of incorporation. It is a document that contains the major components that make up a company, like the objectives of the company, the structure of the company, the number of shares the company has for sale and the planned operations of the company.
When a corporate charter is approved by the state, then the company will become a legal corporation. The corporate charter also contains the names of the people that are involved in its formation.
Answer:
a. True
Explanation:
The expected rate of return represents the profits an investor anticipates from an investment. Investors use different analytical tools to forecast price movements. An investor considers all the market risk factor before settling on a desired rate of return.
If the markets conditions are favorable, then the investor commits by purchasing the investment. He or she is expected to hold patiently until the investment gets to the desired price level. Investments are long-time ventures. It takes weeks, months or years before the investment reaches its target.
Once the target is price achieved, the investor cashes the investments and collects his or her profits.
Answer:
b. <em> </em>Additional paid-in capital is decreased
Explanation:
The entry to record acquisition and retirement is:
Debit Credit
Common stock $1
Paid-in capital—excess of par $34
<em> Paid-in capital—share repurchase $5</em>
Cash $30
<em>Conclusion: </em>Additional paid-in capital is decreased.