Answer:
$92
Explanation:
Value per share of preferred stock = Annual dividend / Required rate of return
Annual dividend = $5.75 per share
Required rate of return = 6.25%
Value of one share of this stock = $5.75/6.25%
Value of one share of this stock = $5.75/0.0625
Value of one share of this stock = $92
Answer:
Working in public sector requires alertness, assertiveness, intelligence, and emotional stability in any individual
Explanation:
Career in public sector services require lot of efforts and determination along with passion for working for the betterment of the society.
A person must love to take up challenges of every day life, must be compassionate towards their fellow country mate, must be intellectual, emotionally intelligent and along with that must have control on their feeling, vocals speeches, or any social media remarks.
Answer: B.
Explanation: The multi-step income statement is ultimately used in determining Net Income which is calculated by separately determining :
1. Gross profit( Net sales - cost of goods sold)
2. Operating income( Operating expenses - Gross profit)
3. Operating income combined with non - operating revenue, losses, profit and expenses to obtain the net income or loss.
Conclusively, Gross profit(margin) will be calculated separately, which then be used to obtain the operating income.
Answer:
D
Explanation:
Those that have access to managerial accounting information are known as internal users of accounting information. They include :
- managers
- owner
- employees
Those that do not have access to managerial accounting information are known as external users of accounting information. They include :
a. bankers.
b. investors.
c. regulatory bodies
