Answer:
5.75%
Explanation:
the required rate of return for a preferred stock can be calculated by dividing the preferred dividend by the current market price:
- required rate of return = $5.35 / $93 = 5.75%
The preferred dividend is fixed, but the market price varies depending on the required rate of return.
The consolidated common stock account at December 31 is $1,430
Using this formula
December 31 Consolidated common stock account=Common Stock + Stock Issued par value
Let plug in the formula
December 31 Consolidated common stock account=$1,080+($10 × 35 shares)
December 31 Consolidated common stock account= $1,080 + $350
December 31 Consolidated common stock account= $1,430
Inconclusion The consolidated common stock account at December 31 is $1,430
Learn more about consolidated equipment (net) account here:
brainly.com/question/20327244
Answer:
Tragedy of the Commons
Explanation:
The tragedy of the commons refers to a situation where the individual could access to the resources that are shared for their own interest.
So it is the market situation where the participant expolited the resources also there is no limited for accessing the resources
So the above term should be considered for the given situation