1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
mihalych1998 [28]
3 years ago
9

A company has an outstanding issue of perpetual preferred stock with an annual dividend of $5 per share. If the required return

on the preferred stock is 6.25%, at what price should the preferred stock sell?
Business
1 answer:
Afina-wow [57]3 years ago
4 0

Answer:

$80

Explanation:

The computation of the price of preferred stock to sell is shown below:

Cost of preferred stock = Annual dividend ÷ required return on the preferred stock

= $5 ÷ 6.25%

= $80

Simply we divide the annual dividend by the required return on the preferred stock so that the correct price of preferred stock to sell can be computed

You might be interested in
When manufacturing overhead costs are assigned to production in a process cost system, it means that
Colt1911 [192]

Answer:

<em>When manufacturing overhead costs are assigned to production in a process cost system, it means that the business uses absorption costing system.</em>

Explanation:

When manufacturing overhead costs are assigned to production in a process cost system, it means that the business uses absorption costing system.

Absorption costing system is that where units of products and inventories are valued using full cost. Full cost implies that each product would be charged for an amount of the<em> fixed production overhead </em>in addition to the variable cost.

The fixed overhead is charged using a predetermined overhead absorption rate.

8 0
4 years ago
When the economy is growing, total output is _____ and total income is _____.
arsen [322]
Increasing ,increasing
the reason is that when the economy is growing more money is flowing ,unemployment is decreasing so more goods and services are produced ,as a result of low unemployment ,more consumption and total output increasing total income is increasing
8 0
3 years ago
Read 2 more answers
XYZ DebenturesIssue Date: 8-1-XXPayment Dates: J 1 &amp; J 1Maturity Date: 7-1-XXSome years after issuance, a customer buys 10 d
SashulF [63]

Answer:

B. 105 days of accrued interest

Explanation:

The purchase on Thursday, October 12th will settle on Monday, October 16th - 2 business days after trade date.  

Accrued interest on corporate bonds is based on a 30days per month/360 day year.

And interest starts accruing from the day of the last interest payment, up to, but not including, settlement.

See below for day calculation

July   30 days

August  30 days

September 30 days

October  15 days (up to but excluding settlement)

Total  105 days

4 0
3 years ago
A real estate salesperson brings a buyer to a For-Sale-By-Owner transaction. The home sells for $120,000, and the seller agrees
sweet [91]

Solution:

The home sells for = $120000

The commission that is paid by the seller is 3 percent

Therefore, commission = 3% of $120000 = $3600

The sales-person is on a 65 percent commission schedule with her broker which means that the saleperson gets the 65 percent amount of the commission.

Thus, the amount which is received by the salesperson from the given transaction is = 65% of $3600 = $2340

Therefore, the salesperson receives $2340 amount from the said transaction.

8 0
3 years ago
During this stage of résumé review, résumés are quickly scanned to eliminate as many candidates as possible: a. stage 1 b. stage
Marianna [84]

The stage where resumes are scanned quickly to allow for many candidates to be eliminated is Stage 1.

<h3>What happens in Stage 1 of resume review?</h3>

When a job is posted, the company usually gets a lot of applications from people.

This is why stage 1 involves the company looking through and eliminating a lot of resumes so that only more needed ones remain.

Find out more on resume review at brainly.com/question/1100786.

#SPJ4

6 0
2 years ago
Other questions:
  • The annual percentage rate on a credit card determines
    9·1 answer
  • 19th century how successful were labor organizations in improving the working conditions for, and advancing the interests of ind
    14·1 answer
  • One of the unexpected drawback of starting your own business is
    12·2 answers
  • Companies typically start their international foray with ________, which involves working through independent intermediaries who
    10·1 answer
  • Steve Jobs was a demanding perfectionist when it came to his business. In fact, the case recounts instances where Jobs would hav
    6·2 answers
  • Work that totals less than forty hours per week is considered _____ work.
    11·1 answer
  • What school did Brittany Bailey go to on a field trip that helped her decided on her career?
    7·2 answers
  • What is one of the main economic benefits of free trade?
    6·1 answer
  • a good marketer can identify potential opportunities by paying close attention to environmental ________; it is important to con
    7·2 answers
  • Suppose you were writing a social media plan for Two Scoops, with two objectives: to improve brand awareness in new markets and
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!